National debt of Iceland 2029

The national debt in Iceland was forecast to decrease between 2024 and 2029 by in total 0.5 billion U.S. dollars (-2.52 percent). This overall decrease does not happen continuously, notably not in 2026 and 2027. While the national debt was increasing earlier, it deteriorated and the national debt was forecast to reach 19.34 billion U.S. dollars in 2029. Notably, the national debt was continuously increasing over the past years.
According to the International Monetary Fund, the general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future.

Find more key insights for the national debt in countries like Sweden, Denmark, and Finland.