Interest payable, Transactions in Iceland

Iceland: Interest payable, Transactions was 211.74 billion in 2025. ▲ Rising

Latest (2025)
211.74 billion
Change on year
down 0.2%
World rank
6th
of 35 countries
All-time high
245.44 billion
in 2023
All-time low
48.14 billion
in 2002
Years of data
24
2002–2025

Interest payable, Transactions in Iceland, 2002–2025

50.0B100.0B150.0B200.0B250.0B2002201320252002: 48.1B2003: 56.2B2004: 62.6B2005: 58.1B2006: 75.4B2007: 88.0B2008: 184.0B2009: 196.4B2010: 133.7B2011: 153.3B2012: 163.8B2013: 158.8B2014: 141.0B2015: 155.4B2016: 150.6B2017: 151.8B2018: 142.1B2019: 132.8B2020: 120.6B2021: 131.1B2022: 232.1B2023: 245.4B2024: 212.2B2025: 211.7B

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 3 Türkiye 2.46 trillion compare
  2. 4 Brazil 1.26 trillion compare
  3. 5 United States 1.24 trillion compare
  4. 7 Czechia 111.53 billion compare
  5. 8 Canada 110.06 billion compare
  6. 9 United Kingdom 100.80 billion compare

See the full ranking of 35 places →

More public sector data for Iceland

All data for Iceland →

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.

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Interest payable, Transactions in Iceland. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://public-sector.statizoid.com/stat/interest-payable-transactions-statement-of-operations-general-government/iceland/

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About this data

Indicator
Interest payable, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
35 places, 879 data points, 1990–2025
Last refreshed

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.