Iceland vs Nigeria: Net debt, General government, Percent of GDP

Iceland
31.94
in 2030
Nigeria
33.7
in 2030
Iceland rank
63rd
Nigeria rank
61st

Net debt, General government, Percent of GDP over time

  • Iceland
  • Nigeria
0255075100199120102030

How they compare

Nigeria currently reports 33.7 against 31.94 in Iceland, a difference of 1.76.

That makes Nigeria's figure about 1.1 times Iceland's.

The two have swapped places 1 time across 22 shared years of data; in 2009 it was Iceland ahead.

Iceland ranks 63rd and Nigeria ranks 61st of 90 countries.

Across the 4 decades both report, Iceland averaged higher in 3 and Nigeria in 1.

Head to head by decade

Decade Iceland Nigeria Difference Ahead
2000s 110.82 3.78 107.04 Iceland
2010s 80.85 9.55 71.3 Iceland
2020s 45.72 32.21 13.51 Iceland
2030s 31.94 33.7 1.77 Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net debt, general government, percent of gdp, Iceland or Nigeria?
Nigeria, at 33.7 against 31.94 in Iceland as of 2030.
What is the difference in net debt, general government, percent of gdp between Iceland and Nigeria?
1.76, with Nigeria ahead.
How many years of comparable data are there for Iceland and Nigeria?
22 years are reported by both, from 2009 to 2030.
How do Iceland and Nigeria rank globally for net debt, general government, percent of gdp?
Iceland ranks 63rd and Nigeria ranks 61st of 90 countries.
Where does this data come from?
International Monetary Fund, published as Net 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 Nigeria: Net debt, General government, Percent of GDP. Statizoid, drawing on International Monetary Fund. Retrieved 08 September 2026, from https://debt.statizoid.com/compare/net-debt-general-government-percent-of-gdp/iceland/nigeria/

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About this data

Indicator
Net debt, General government, Percent of GDP
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
105 places, 3,406 data points, 1991–2030
Last refreshed

Fiscal Monitor (FM) 2025 October