27, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Iceland › Change country
Economic Indicator: Total Government Gross Debt (National Currency) › See all Iceland indicators, › See Total Government Gross Debt (National Currency) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Icelandic Kr
Currency Symbol: ISK

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. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110). General government includes: Central Government;Local Government;Social Security Funds Primary domestic currency: Icelandic krónur Data last updated: 03/2011

Total Government Gross Debt (National Currency) for Iceland is ISK 1,487.09 Billion.

In the previous year, 2009, Total Government Gross Debt (National Currency) for Iceland was ISK 1,371.00 Billion Total Government Gross Debt (National Currency) for Iceland in 2010 was or will be 8.47% more than it was or will be in 2009.

In the following or forecasted year, 2011, Total Government Gross Debt (National Currency) for Iceland was or will be ISK 1,675.26 Billion, which is 12.65% more than the 2010 figure.