Iceland vs Latvia: Gross domestic savings
Iceland
9.38 billion current US$
in 2025
Latvia
9.47 billion current US$
in 2025
Iceland rank
97th
Latvia rank
96th
Gross domestic savings over time
- Iceland
- Latvia
How they compare
Latvia currently reports 9.47 billion current US$ against 9.38 billion current US$ in Iceland, a difference of 88.95 million current US$.
The two have swapped places 3 times across 31 shared years of data; in 1995 it was Iceland ahead.
Iceland ranks 97th and Latvia ranks 96th of 187 countries.
Across the 4 decades both report, Iceland averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.67 billion current US$ | 771.11 million current US$ | 897.74 million current US$ | Iceland |
| 2000s | 2.86 billion current US$ | 3.70 billion current US$ | 846.50 million current US$ | Latvia |
| 2010s | 4.89 billion current US$ | 6.29 billion current US$ | 1.40 billion current US$ | Latvia |
| 2020s | 7.22 billion current US$ | 8.54 billion current US$ | 1.32 billion current US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Iceland or Latvia?
- Latvia, at 9.47 billion current US$ against 9.38 billion current US$ in Iceland as of 2025.
- What is the difference in gross domestic savings between Iceland and Latvia?
- 88.95 million current US$, with Latvia ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and Latvia rank globally for gross domestic savings?
- Iceland ranks 97th and Latvia ranks 96th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current US$). 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 indicator is expressed in United States dollars.