External Debt in Iceland decreased to 2307.99 ISK Billion in the fourth quarter of 2019 from 2350.80 ISK Billion in the third quarter of 2019.

External Debt in Iceland averaged 5362.82 ISK Billion from 1995 until 2019, reaching an all time high of 15748.53 ISK Billion in the third quarter of 2009 and a record low of 280.59 ISK Billion in the first quarter of 1995. This page provides - Iceland External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Total External Debt - values, historical data and charts - was last updated on July of 2020.

External Debt in Iceland is expected to be 1600.00 ISK Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in Iceland to stand at 1400.00 in 12 months time. In the long-term, the Iceland Total External Debt is projected to trend around 1400.00 ISK Billion in 2021 and 2385.00 ISK Billion in 2022, according to our econometric models.

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Iceland Total External Debt

Actual Previous Highest Lowest Dates Unit Frequency
2307.99 2350.80 15748.53 280.59 1995 - 2019 ISK Billion Quarterly
Current Prices, NSA

Iceland Trade Last Previous Highest Lowest Unit
Balance of Trade 1704.03 -388.96 24063.60 -28988.51 ISK Million [+]
Current Account 11.40 50.90 99.98 -137.24 ISK Billion [+]
Current Account to GDP 5.80 3.10 7.60 -23.00 percent [+]
Imports 51247.53 47644.17 74676.84 1.21 ISK Million [+]
Exports 52951.56 47255.21 76557.01 0.78 ISK Million [+]
External Debt 2307.99 2350.80 15748.53 280.59 ISK Billion [+]
Capital Flows 51.90 103.00 414.27 -418.16 ISK Billion [+]
Gold Reserves 2.00 1.98 2.00 1.84 Tonnes [+]
Remittances 1652.00 1848.00 2448.00 18.00 ISK Million [+]
Terrorism Index 0.03 0.06 1.22 0.00 [+]
Tourist Arrivals 79873.00 133001.00 291344.00 10592.00 [+]
Foreign Direct Investment 28.60 8.70 199.98 -553.03 ISK Billion [+]


Iceland Total External Debt
In Iceland, external debt is a part of the total debt that is owed to creditors outside the country..