Debt rate in the Nordic countries 2010-2024, by country

Published by
Einar H. Dyvik,
Jul 4, 2024

In 2024, Finland had the highest debt rate of the Nordic countries, followed by Iceland. In 2011, Iceland's debt rate was over 138 percent of the country's gross domestic product (GDP), but it had decreased to 59 percent in 2024. Finland's debt rate, on the other hand, increased from 50 percent in 2010 to 80 percent in 2024. Debt rates of the three other Nordic countries were more stable, and were between 29 and 38 percent in 2024.

Gross debt rate in the Nordic countries from 2010 to 2024, by country (as percentage of GDP)

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Release date

April 2024

Region

Denmark, Finland, Iceland, Norway, Sweden

Survey time period

April 2024

Supplementary notes

*Preliminary figures.

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