Iceland vs Italy: Gross domestic savings
Iceland
24.3%
in 2025
Italy
24.2%
in 2025
Iceland rank
72nd
Italy rank
74th
Gross domestic savings over time
- Iceland
- Italy
How they compare
Iceland currently reports 24.3% against 24.2% in Italy, a difference of 0.1%.
The two have swapped places 4 times across 56 shared years of data; in 1970 it was Iceland ahead.
Iceland ranks 72nd and Italy ranks 74th of 188 countries.
Across the 6 decades both report, Iceland averaged higher in 4 and Italy in 2.
Head to head by decade
| Decade | Iceland | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 28.6% | 25.5% | 3.1% | Iceland |
| 1980s | 23.5% | 23.2% | 0.4% | Iceland |
| 1990s | 20.6% | 23.1% | 2.5% | Italy |
| 2000s | 20.2% | 21.7% | 1.5% | Italy |
| 2010s | 24.9% | 20.1% | 4.8% | Iceland |
| 2020s | 23.7% | 23.6% | 0.1% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Iceland or Italy?
- Iceland, at 24.3% against 24.2% in Italy as of 2025.
- What is the difference in gross domestic savings between Iceland and Italy?
- 0.1%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Italy?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and Italy rank globally for gross domestic savings?
- Iceland ranks 72nd and Italy ranks 74th of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.