Iceland vs Venezuela: Gross domestic savings (current LCU)
Gross domestic savings (current LCU) over time
- Iceland
- Venezuela
How they compare
Venezuela 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'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 ranks 56th of 188 countries.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | Venezuela | 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?
- Venezuela, 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?
- 563.16 billion current LCU, with Venezuela ahead.
- How many years of comparable data are there for Iceland and Venezuela?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and Venezuela rank globally for gross domestic savings?
- Iceland ranks 59th and Venezuela ranks 56th of 188 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.
Individual pages
About this data
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.