Interest payable, Transactions (Statement of operations, General) in Iceland
Iceland: Interest payable, Transactions (Statement of operations, General) was 211.74 billion in 2025. ▲ Rising
Interest payable, Transactions in Iceland, 2002–2025
Source: International Monetary Fund.
Analysis
In 2025, interest payable, transactions in Iceland stood at 211.74 billion.
That represents a change of down 0.2% on the previous year and up 36.2% over ten years.
Over the whole period, interest payable, transactions in Iceland peaked at 245.44 billion in 2023 and was at its lowest, 48.14 billion, in 2002.
Iceland ranks 6th of 35 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Interest payable, Transactions (Statement of operations, General) in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 48.14 billion | — |
| 2003 | 56.21 billion | +16.8% |
| 2004 | 62.58 billion | +11.3% |
| 2005 | 58.09 billion | -7.2% |
| 2006 | 75.42 billion | +29.8% |
| 2007 | 88.02 billion | +16.7% |
| 2008 | 184.02 billion | +109.1% |
| 2009 | 196.40 billion | +6.7% |
| 2010 | 133.72 billion | -31.9% |
| 2011 | 153.28 billion | +14.6% |
| 2012 | 163.80 billion | +6.9% |
| 2013 | 158.80 billion | -3.1% |
| 2014 | 141.00 billion | -11.2% |
| 2015 | 155.44 billion | +10.2% |
| 2016 | 150.64 billion | -3.1% |
| 2017 | 151.81 billion | +0.8% |
| 2018 | 142.14 billion | -6.4% |
| 2019 | 132.77 billion | -6.6% |
| 2020 | 120.58 billion | -9.2% |
| 2021 | 131.07 billion | +8.7% |
| 2022 | 232.06 billion | +77.0% |
| 2023 | 245.44 billion | +5.8% |
| 2024 | 212.16 billion | -13.6% |
| 2025 | 211.74 billion | -0.2% |
Iceland compared with similar countries
- Iceland's 211.74 billion is above the median for high income countries, which is 19.48 billion, 10.9× the median. (32 countries reporting)
- Iceland's 211.74 billion is above the median for Europe & Central Asia, which is 14.28 billion, 14.8× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Interest payable, Transactions (Statement of operations, General) in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +109.1% | 88.02 billion | 184.02 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 96.11 billion | 48.14 billion | 196.40 billion | 8 |
| 2010s | 148.34 billion | 132.77 billion | 163.80 billion | 10 |
| 2020s | 192.18 billion | 120.58 billion | 245.44 billion | 6 |
Countries ranked near Iceland
More public sector data for Iceland
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Military expenditure (current USD), per square kilometre 0 current USD per square kilometre (2023)
Frequently asked questions
- What is interest payable, transactions in Iceland?
- Interest payable, transactions in Iceland was 211.74 billion in 2025, according to International Monetary Fund.
- What is the highest interest payable, transactions recorded in Iceland?
- The highest recorded value was 245.44 billion in 2023.
- What is the lowest interest payable, transactions recorded in Iceland?
- The lowest recorded value was 48.14 billion in 2002.
- How does Iceland rank for interest payable, transactions?
- Iceland ranks 6th out of 35 countries with data for 2025.
- Is interest payable, transactions rising or falling in Iceland?
- Over the last ten years it is up 36.2%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Interest payable, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.