Foreign liabilities in Iceland
Iceland: Foreign liabilities was 26.70 billion real chained 2019 US$ in 2020. ◆ Volatile
Latest (2020)
26.70 billion real chained 2019 US$
Change on year
down 1.6%
World rank
103rd
of 150 countries
All-time high
238.90 billion real chained 2019 US$
in 2007
All-time low
12.01 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020
Foreign liabilities in Iceland, 1995–2020
Source: World Bank. Measured in real chained 2019 US$.
Analysis
Iceland recorded 26.70 billion real chained 2019 US$ for foreign liabilities in 2020.
The figure is down 1.6% on the previous year and down 83.2% over ten years.
Over the whole period, foreign liabilities in Iceland peaked at 238.90 billion real chained 2019 US$ in 2007 and was at its lowest, 12.01 billion real chained 2019 US$, in 1995.
Iceland ranks 103rd of 150 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign liabilities in Iceland, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 12.01 billion real chained 2019 US$ | — |
| 1996 | 12.10 billion real chained 2019 US$ | +0.7% |
| 1997 | 12.58 billion real chained 2019 US$ | +4.0% |
| 1998 | 15.93 billion real chained 2019 US$ | +26.6% |
| 1999 | 18.21 billion real chained 2019 US$ | +14.3% |
| 2000 | 21.36 billion real chained 2019 US$ | +17.3% |
| 2001 | 22.17 billion real chained 2019 US$ | +3.8% |
| 2002 | 25.70 billion real chained 2019 US$ | +15.9% |
| 2003 | 36.80 billion real chained 2019 US$ | +43.2% |
| 2004 | 59.59 billion real chained 2019 US$ | +61.9% |
| 2005 | 104.51 billion real chained 2019 US$ | +75.4% |
| 2006 | 151.62 billion real chained 2019 US$ | +45.1% |
| 2007 | 238.90 billion real chained 2019 US$ | +57.6% |
| 2008 | 191.52 billion real chained 2019 US$ | -19.8% |
| 2009 | 167.47 billion real chained 2019 US$ | -12.6% |
| 2010 | 158.53 billion real chained 2019 US$ | -5.3% |
| 2011 | 140.83 billion real chained 2019 US$ | -11.2% |
| 2012 | 122.20 billion real chained 2019 US$ | -13.2% |
| 2013 | 127.99 billion real chained 2019 US$ | +4.7% |
| 2014 | 114.03 billion real chained 2019 US$ | -10.9% |
| 2015 | 42.57 billion real chained 2019 US$ | -62.7% |
| 2016 | 37.20 billion real chained 2019 US$ | -12.6% |
| 2017 | 30.37 billion real chained 2019 US$ | -18.4% |
| 2018 | 27.74 billion real chained 2019 US$ | -8.7% |
| 2019 | 27.12 billion real chained 2019 US$ | -2.2% |
| 2020 | 26.70 billion real chained 2019 US$ | -1.6% |
Iceland compared with similar countries
- Iceland's 26.70 billion real chained 2019 US$ is below the median for high income countries, which is 606.03 billion real chained 2019 US$, 4% of the median. (51 countries reporting)
- Iceland's 26.70 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 231.19 billion real chained 2019 US$, 12% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.17 billion real chained 2019 US$ | 12.01 billion real chained 2019 US$ | 18.21 billion real chained 2019 US$ | 5 |
| 2000s | 101.96 billion real chained 2019 US$ | 21.36 billion real chained 2019 US$ | 238.90 billion real chained 2019 US$ | 10 |
| 2010s | 82.86 billion real chained 2019 US$ | 27.12 billion real chained 2019 US$ | 158.53 billion real chained 2019 US$ | 10 |
| 2020s | 26.70 billion real chained 2019 US$ | 26.70 billion real chained 2019 US$ | 26.70 billion real chained 2019 US$ | 1 |
Countries ranked near Iceland
- 100 Democratic Republic of Congo 27.91 billion real chained 2019 US$ compare
- 101 Laos 27.36 billion real chained 2019 US$ compare
- 102 Trinidad and Tobago 26.98 billion real chained 2019 US$ compare
- 104 Paraguay 26.21 billion real chained 2019 US$ compare
- 105 Congo 24.38 billion real chained 2019 US$ compare
- 106 Bolivia 24.04 billion real chained 2019 US$ compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is foreign liabilities in Iceland?
- Foreign liabilities in Iceland was 26.70 billion real chained 2019 US$ in 2020, according to the World Bank.
- What is the highest foreign liabilities recorded in Iceland?
- The highest recorded value was 238.90 billion real chained 2019 US$ in 2007.
- What is the lowest foreign liabilities recorded in Iceland?
- The lowest recorded value was 12.01 billion real chained 2019 US$ in 1995.
- How does Iceland rank for foreign liabilities?
- Iceland ranks 103rd out of 150 countries with data for 2020.
- Is foreign liabilities rising or falling in Iceland?
- Over the last ten years it is down 83.2%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from the World Bank, published as part of Foreign liabilities (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).