Public Debt in Iceland

Iceland Public Debt | Economic News & Forecasts

Iceland - Public Debt

Conditions appeared to improve in the third quarter: Both merchandise exports and imports grew at a robust rate, hinting at solid demand dynamics, while tourist arrivals surged in the period as international travel restrictions were generally eased. Moreover, consumer confidence hit its highest level in nearly five years in September, which likely bolstered private consumption in the quarter. Turning to Q4, unemployment fell to its lowest level since before the pandemic in October and tourist arrivals once again surged, likely boosting consumer spending at the start of the quarter. However, daily Covid-19 cases rose to record levels in mid-November, prompting authorities to reimpose some of the restrictions that had been removed at the beginning of the month.

Iceland - Public Debt Data

2015   2016   2017   2018   2019  
Public Debt (% of GDP)65.0  51.2  43.2  37.4  -     

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Iceland Facts

Value Change Date
Bond Yield3.45-0.99 %Dec 31
Exchange Rate121.1-0.52 %Jan 01

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