Iceland vs Venezuela, Bolivarian Republic of: Gross domestic savings

Iceland
1.20 trillion current LCU
in 2025
Venezuela, Bolivarian Republic of
1.77 trillion current LCU
in 2025
Iceland rank
59th
Venezuela, Bolivarian Republic of rank
56th

Gross domestic savings over time

  • Iceland
  • Venezuela, Bolivarian Republic of
0500.0B1.0T1.5T2.0T196019922025

How they compare

Venezuela, Bolivarian Republic of currently reports 1.77 trillion current LCU against 1.20 trillion current LCU in Iceland, a difference of 563.16 billion current LCU.

That makes Venezuela, Bolivarian Republic of's figure about 1.5 times Iceland's.

The two have swapped places 1 time across 56 shared years of data; in 1970 it was Iceland ahead.

Iceland ranks 59th and Venezuela, Bolivarian Republic of ranks 56th of 187 countries.

Iceland has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Iceland Venezuela, Bolivarian Republic of Difference Ahead
1970s 906.56 million current LCU 0.0003 current LCU 906.56 million current LCU Iceland
1980s 30.48 billion current LCU 0.0014 current LCU 30.48 billion current LCU Iceland
1990s 101.78 billion current LCU 0.2164 current LCU 101.78 billion current LCU Iceland
2000s 231.32 billion current LCU 3.2 current LCU 231.32 billion current LCU Iceland
2010s 577.97 billion current LCU 43.53 million current LCU 577.93 billion current LCU Iceland
2020s 965.38 billion current LCU 476.91 billion current LCU 488.47 billion current LCU Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic savings, Iceland or Venezuela, Bolivarian Republic of?
Venezuela, Bolivarian Republic of, at 1.77 trillion current LCU against 1.20 trillion current LCU in Iceland as of 2025.
What is the difference in gross domestic savings between Iceland and Venezuela, Bolivarian Republic of?
563.16 billion current LCU, with Venezuela, Bolivarian Republic of ahead.
How many years of comparable data are there for Iceland and Venezuela, Bolivarian Republic of?
56 years are reported by both, from 1970 to 2025.
How do Iceland and Venezuela, Bolivarian Republic of rank globally for gross domestic savings?
Iceland ranks 59th and Venezuela, Bolivarian Republic of ranks 56th of 187 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Venezuela, Bolivarian Republic of: Gross domestic savings. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/gross-domestic-savings-current-lcu/iceland/venezuela-rb/

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About this data

Indicator
Gross domestic savings (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,736 data points, 1960–2025
Last refreshed

Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.