Iceland Government Debt To GDP

Iceland recorded a Government Debt to GDP of 96.20 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Iceland is reported by the Central Bank of Iceland. From 1980 until 2012, Iceland Government Debt To GDP averaged 46.2 Percent reaching an all time high of 101.0 Percent in December of 2011 and a record low of 23.0 Percent in December of 1981. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Iceland Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
96.20 101.00 101.00 23.00 94.00 | 2013/12 1980 - 2012 Percent Yearly

TO

Iceland Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Budget Value 16262.00 2014-02-15 -10448.00 24990.00 -29896.00 -10238.28 2014-03-31 ISK Million [+]
Government Spending 69607.00 2013-11-15 66259.00 73334.00 46227.00 67876.22 2014-03-31 ISK Million [+]
Government Debt To GDP 96.20 2012-12-31 101.00 101.00 23.00 94.00 2013-12-31 Percent [+]
Credit Rating 48.48 [+]
Government Budget -1.50 2012-12-31 -5.50 6.30 -13.50 1.80 2013-12-31 Percent of GDP [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Iceland Government Budget Value at 16262.00 ISK Million  
Iceland recorded a government budget surplus of 16262 ISK Million in February of 2014. Government Budget Value in Iceland is reported by the Central Bank Of Iceland.
Iceland Government Spending at 69607.00 ISK Million  
Government Spending in Iceland increased to 69607 ISK Million in the fourth quarter of 2013 from 66259 ISK Million in the third quarter of 2013. Government Spending in Iceland is reported by the Statistics Iceland.
Iceland Gross Fixed Capital Formation at 33084.00 ISK Million  
Gross Fixed Capital Formation in Iceland increased to 33084 ISK Million in the fourth quarter of 2013 from 31504 ISK Million in the third quarter of 2013. Gross Fixed Capital Formation in Iceland is reported by the Statistics Iceland.
Iceland Gross National Income at 999053.00 ISK Million  
Gross National Product in Iceland increased to 999053 ISK Million in 2013 from 900218 ISK Million in 2012. Gross National Product in Iceland is reported by the Statistics Iceland.
Iceland Harmonised Consumer Prices at 176.70 Index Points  
Harmonised Consumer Prices in Iceland increased to 176.70 Index Points in February of 2014 from 174.50 Index Points in January of 2014. Harmonised Consumer Prices in Iceland is reported by the Eurostat.
Iceland House Price Index at 273.70 Index Points  
Housing Index in Iceland increased to 273.70 Index Points in March of 2014 from 272 Index Points in February of 2014. Housing Index in Iceland is reported by the Statistics Iceland.
Iceland Import Prices at 250.04 Index Points  
Import Prices in Iceland decreased to 250.04 Index Points in 2013 from 252.65 Index Points in 2012. Import Prices in Iceland is reported by the Icelandic Ministry of Finance.
Iceland Job Vacancies at 223.00  
Job Vacancies in Iceland increased to 223 in February of 2014 from 150 in January of 2014. Job Vacancies in Iceland is reported by the Directorate of Labour, Iceland.
Iceland Producer Prices at 195.30 Index Points  
Producer Prices in Iceland decreased to 195.30 Index Points in February of 2014 from 195.50 Index Points in January of 2014. Producer Prices in Iceland is reported by the Statistics Iceland.
Iceland Unemployed Persons at 7213.00  
The number of unemployed persons in Iceland increased to 7213 in February of 2014 from 7190 in January of 2014. Unemployed Persons in Iceland is reported by the Directorate of Labour, Iceland.
MORE RELATED NEWS

LATEST NEWS

Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
Russia GDP Growth Slows Sharply in Q1  
Russian economy advanced an annual 0.8 percent in the first quarter of 2014, well below the 2 percent expansion recorded in the previous three-month period, Russia's Economy Minister Alexei Ulyukayev said addressing the parliament.
Bank of Canada Leaves Rates at 1%  
At its April 16th, 2014 meeting, Bank of Canada decided to leave the overnight lending at 1 percent, as the Bank continues to see a gradual strengthening in the fundamental drivers of growth and inflation.
US Industrial Production Slows in March  
Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Yet, manufacturing output rose for the second straight month.
US Housing Starts Rise Below Forecasts  
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent above the revised February estimate of 920,000, but down 5.9 percent year-on-year.
China’s Economy Expands 1.4% QoQ in Q1  
In the first three months of 2014, the Chinese GDP slowed for the third straight quarter. The economy expanded 1.4 percent quarter-on-quarter, down from a revised 1.7 percent increase in the last three months of 2013.
Malaysian Inflation Rate Unchanged in March  
Malaysian annual inflation remained steady at 3.5 percent in March of 2014, after accelerating in the previous six months. A slowdown in transport prices was enough to offset higher food, housing and gas prices.
Italian Trade Surplus Widens in February  
The trade surplus increased to EUR 2.6 billion in February of 2014, from a revised EUR 0.36 billion in the previous month, as exports increased at a faster pace than imports. Compared with a year earlier, the trade surplus more than doubled from EUR 1.05 billion.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News