Financial Dashboard — Debt to gross operating surplus ratio of in Iceland
Iceland: Financial Dashboard — Debt to gross operating surplus ratio of was 11.61 Factor of gross operating surplus in 2013. ◆ Volatile
Financial Dashboard — Debt to gross operating surplus ratio of in Iceland, 2003–2013
Source: Organisation for Economic Co-operation and Development. Measured in Factor of gross operating surplus.
Analysis
In 2013, financial dashboard — debt to gross operating surplus ratio of in Iceland stood at 11.61 Factor of gross operating surplus.
Compared with earlier readings it is down 11.2% on the previous year and up 8.2% over ten years.
Over the whole period, financial dashboard — debt to gross operating surplus ratio of in Iceland peaked at 49.44 Factor of gross operating surplus in 2007 and was at its lowest, 10.73 Factor of gross operating surplus, in 2003.
That places Iceland 2nd out of 25 countries with data for 2013, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Dashboard — Debt to gross operating surplus ratio of in Iceland, year by year
| Year | Factor of gross operating surplus | Change |
|---|---|---|
| 2003 | 10.73 Factor of gross operating surplus | — |
| 2004 | 12.61 Factor of gross operating surplus | +17.5% |
| 2005 | 17.65 Factor of gross operating surplus | +39.9% |
| 2006 | 28.09 Factor of gross operating surplus | +59.1% |
| 2007 | 49.44 Factor of gross operating surplus | +76.0% |
| 2008 | 23.04 Factor of gross operating surplus | -53.4% |
| 2009 | 18.92 Factor of gross operating surplus | -17.9% |
| 2010 | 12.58 Factor of gross operating surplus | -33.5% |
| 2011 | 13.08 Factor of gross operating surplus | +4.0% |
| 2012 | 13.07 Factor of gross operating surplus | -0.1% |
| 2013 | 11.61 Factor of gross operating surplus | -11.2% |
Iceland compared with similar countries
- Iceland's 11.61 Factor of gross operating surplus is above the median for Europe & Central Asia, which is 4.4 Factor of gross operating surplus, 2.6× the median. (17 countries reporting)
- Iceland's 11.61 Factor of gross operating surplus is above the median for high income countries, which is 4.4 Factor of gross operating surplus, 2.6× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.93 Factor of gross operating surplus | 10.73 Factor of gross operating surplus | 49.44 Factor of gross operating surplus | 7 |
| 2010s | 12.59 Factor of gross operating surplus | 11.61 Factor of gross operating surplus | 13.08 Factor of gross operating surplus | 4 |
Countries ranked near Iceland
- 1 Netherlands 4.91 Factor of gross operating surplus compare
- 1 Luxembourg 20.47 Factor of gross operating surplus compare
- 2 Estonia 3.32 Factor of gross operating surplus compare
- 3 Slovenia 3.03 Factor of gross operating surplus compare
- 3 United States of America 8.07 Factor of gross operating surplus compare
- 4 Canada 7.28 Factor of gross operating surplus compare
- 4 Latvia 2.44 Factor of gross operating surplus compare
- 5 France 6.64 Factor of gross operating surplus compare
- 5 Poland 2.25 Factor of gross operating surplus compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is financial dashboard — debt to gross operating surplus ratio of in Iceland?
- Financial dashboard — debt to gross operating surplus ratio of in Iceland was 11.61 Factor of gross operating surplus in 2013, according to Organisation for Economic Co-operation and Development.
- What is the highest financial dashboard — debt to gross operating surplus ratio of recorded in Iceland?
- The highest recorded value was 49.44 Factor of gross operating surplus in 2007.
- What is the lowest financial dashboard — debt to gross operating surplus ratio of recorded in Iceland?
- The lowest recorded value was 10.73 Factor of gross operating surplus in 2003.
- How does Iceland rank for financial dashboard — debt to gross operating surplus ratio of?
- Iceland ranks 2nd out of 25 countries with data for 2013.
- Is financial dashboard — debt to gross operating surplus ratio of rising or falling in Iceland?
- Over the last ten years it is up 8.2%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Financial Dashboard — Debt to gross operating surplus ratio of non-financial corporations. Statizoid updates them automatically from the source API.
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About this data
The financial indicators are based on data compiled according to the 2008 SNA "System of National Accounts, 2008". Many indicators are expressed as a percentage of Gross Domestic Product (GDP) or as a percentage of Gross Disposable Income (GDI) when referring to the Households and NPISHs sector. The definition of GDP and GDI are the following: Gross Domestic Product: Gross Domestic Product (GDP) is derived from the concept of value added. Gross value added is the difference of output and intermediate consumption. GDP is the sum of gross value added of all resident producer units plus that part (possibly the total) of taxes on products, less subsidies on products, that is not included in the valuation of output [System of National Accounts, 2008, par. 2.138]. GDP is also equal to the sum of final uses of goods and services (all uses except intermediate consumption) measured at purchasers’ prices, less the value of imports of goods and services [System of National Accounts, 2008, par. 2.139]. GDP is also equal to the sum of primary incomes distributed by producer units [System of National Accounts, 2008, par. 2.140]. Gross Disposable Income: Gross Disposable Income (GDI) is equal to net disposable income which is the balancing item of the secondary distribution income account plus the consumption of fixed capital. The use of the Gross Disposable Income (GDI), rather than net disposable income, is preferable for analytical purposes because there are uncertainty and comparability problems with the calculation of consumption of fixed capital. GDI measures the income available to the total economy for final consumption and gross saving [System of National Accounts, 2008, par. 2.145]. Definition of Debt: Debt is a commonly used concept, defined as a specific subset of liabilities identified according to the types of financial instruments included or excluded. Generally, debt is defined as all liabilities that require payment or payments of interest or principal by the debtor to the creditor at a date or dates in the future. Consequently, all debt instruments are liabilities, but some liabilities such as shares, equity and financial derivatives are not debt [System of National Accounts, 2008, par. 22.104]. According to the SNA, most debt instruments are valued at market prices. However, some countries do not apply this valuation, in particular for securities other than shares, except financial derivatives (AF33). In this dataset, for financial indicators referring to debt, the concept of debt is the one adopted by the SNA 2008 as well as by the International Monetary Fund in “Public Sector Debt Statistics – Guide for compilers and users” (Pre-publication draft, May 2011). Debt is thus obtained as the sum of the following liability categories, whenever available / applicable in the financial balance sheet of the institutional sector:special drawing rights (AF12), currency and deposits (AF2), debt securities (AF3), loans (AF4), insurance, pension, and standardised guarantees (AF6), and other accounts payable (AF8). This definition differs from the definition of debt applied under the Maastricht Treaty for European countries. First, gross debt according to the Maastricht definition excludes not only financial derivatives and employee stock options (AF7) and equity and investment fund shares (AF5) but also insurance pensions and standardised guarantees (AF6) and other accounts payable (AF8). Second, debt according to Maastricht definition is valued at nominal prices and not at market prices. To view other related indicator datasets, please refer to: Institutional Investors Indicators [add link] Household Dashboard [add link]