Iceland vs Paraguay: Gross debt, General government, Percent of GDP

Iceland
37.77
in 2030
Paraguay
38.18
in 2030
Iceland rank
137th
Paraguay rank
134th

Gross debt, General government, Percent of GDP over time

  • Iceland
  • Paraguay
050100150199120102030

How they compare

Paraguay currently reports 38.18 against 37.77 in Iceland, a difference of 0.41.

The two have swapped places 2 times across 40 shared years of data; in 1991 it was Paraguay ahead.

Iceland ranks 137th and Paraguay ranks 134th of 193 countries.

Across the 5 decades both report, Iceland averaged higher in 4 and Paraguay in 1.

Head to head by decade

Decade Iceland Paraguay Difference Ahead
1990s 52.62 26.17 26.45 Iceland
2000s 84.53 29.18 55.35 Iceland
2010s 101.19 17.14 84.06 Iceland
2020s 55.32 40.08 15.24 Iceland
2030s 37.77 38.18 0.4152 Paraguay

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross debt, general government, percent of gdp, Iceland or Paraguay?
Paraguay, at 38.18 against 37.77 in Iceland as of 2030.
What is the difference in gross debt, general government, percent of gdp between Iceland and Paraguay?
0.41, with Paraguay ahead.
How many years of comparable data are there for Iceland and Paraguay?
40 years are reported by both, from 1991 to 2030.
How do Iceland and Paraguay rank globally for gross debt, general government, percent of gdp?
Iceland ranks 137th and Paraguay ranks 134th of 193 countries.
Where does this data come from?
International Monetary Fund, published as Gross debt, General government, Percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Paraguay: Gross debt, General government, Percent of GDP. Statizoid, drawing on International Monetary Fund. Retrieved 09 September 2026, from https://debt.statizoid.com/compare/gross-debt-general-government-percent-of-gdp/iceland/paraguay/

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About this data

Indicator
Gross debt, General government, Percent of GDP
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
211 places, 7,159 data points, 1991–2030
Last refreshed

Fiscal Monitor (FM) 2025 October