Iceland vs Mongolia: Gross domestic savings
Gross domestic savings over time
- Iceland
- Mongolia
How they compare
Iceland currently reports 9.38 billion current US$ against 8.60 billion current US$ in Mongolia, a difference of 781.50 million current US$.
That makes Iceland's figure about 1.1 times Mongolia's.
The two have swapped places 6 times across 45 shared years of data; in 1981 it was Iceland ahead.
Iceland ranks 97th and Mongolia ranks 98th of 187 countries.
Iceland has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Iceland | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 953.75 million current US$ | 516.10 million current US$ | 437.65 million current US$ | Iceland |
| 1990s | 1.54 billion current US$ | 414.79 million current US$ | 1.12 billion current US$ | Iceland |
| 2000s | 2.86 billion current US$ | 770.56 million current US$ | 2.09 billion current US$ | Iceland |
| 2010s | 4.89 billion current US$ | 3.46 billion current US$ | 1.43 billion current US$ | Iceland |
| 2020s | 7.22 billion current US$ | 6.59 billion current US$ | 631.69 million current US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Iceland or Mongolia?
- Iceland, at 9.38 billion current US$ against 8.60 billion current US$ in Mongolia as of 2025.
- What is the difference in gross domestic savings between Iceland and Mongolia?
- 781.50 million current US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Mongolia?
- 45 years are reported by both, from 1981 to 2025.
- How do Iceland and Mongolia rank globally for gross domestic savings?
- Iceland ranks 97th and Mongolia ranks 98th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current US$). 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.