Iceland vs Sri Lanka: Central government debt, total

Iceland
80.1%
in 2023
Sri Lanka
73.5%
in 2015
Iceland rank
17th
Sri Lanka rank
19th

Central government debt, total over time

  • Iceland
  • Sri Lanka
50100150199020062023

How they compare

Iceland currently reports 80.1% against 73.5% in Sri Lanka, a difference of 6.6%.

That makes Iceland's figure about 1.1 times Sri Lanka's.

The two have swapped places 1 time across 25 shared years of data; in 1990 it was Sri Lanka ahead.

Iceland ranks 17th and Sri Lanka ranks 19th of 83 countries.

Across the 3 decades both report, Iceland averaged higher in 1 and Sri Lanka in 2.

Head to head by decade

Decade Iceland Sri Lanka Difference Ahead
1990s 45.6% 93.9% 48.3% Sri Lanka
2000s 74.7% 95.6% 21.0% Sri Lanka
2010s 140.9% 69.2% 71.7% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher central government debt, total, Iceland or Sri Lanka?
Iceland, at 80.1% against 73.5% in Sri Lanka as of 2023.
What is the difference in central government debt, total between Iceland and Sri Lanka?
6.6%, with Iceland ahead.
How many years of comparable data are there for Iceland and Sri Lanka?
25 years are reported by both, from 1990 to 2015.
How do Iceland and Sri Lanka rank globally for central government debt, total?
Iceland ranks 17th and Sri Lanka ranks 19th of 83 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Central government debt, total (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Sri Lanka: Central government debt, total. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/central-government-debt-total-percent-of-gdp/iceland/sri-lanka/

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About this data

Indicator
Central government debt, total (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 1,726 data points, 1970–2024
Last refreshed

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.