Iceland vs Saudi Arabia: Gross savings
Gross savings over time
- Iceland
- Saudi Arabia
How they compare
Saudi Arabia currently reports 1.38 trillion current LCU against 1.14 trillion current LCU in Iceland, a difference of 244.83 billion current LCU.
That makes Saudi Arabia's figure about 1.2 times Iceland's.
The two have swapped places 12 times across 49 shared years of data; in 1976 it was Saudi Arabia ahead.
Iceland ranks 61st and Saudi Arabia ranks 59th of 177 countries.
Saudi Arabia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.59 billion current LCU | 140.05 billion current LCU | 138.46 billion current LCU | Saudi Arabia |
| 1980s | 25.62 billion current LCU | 126.28 billion current LCU | 100.66 billion current LCU | Saudi Arabia |
| 1990s | 87.54 billion current LCU | 105.88 billion current LCU | 18.35 billion current LCU | Saudi Arabia |
| 2000s | 144.15 billion current LCU | 493.40 billion current LCU | 349.25 billion current LCU | Saudi Arabia |
| 2010s | 514.56 billion current LCU | 1.01 trillion current LCU | 493.19 billion current LCU | Saudi Arabia |
| 2020s | 916.16 billion current LCU | 1.29 trillion current LCU | 377.97 billion current LCU | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Iceland or Saudi Arabia?
- Saudi Arabia, at 1.38 trillion current LCU against 1.14 trillion current LCU in Iceland as of 2025.
- What is the difference in gross savings between Iceland and Saudi Arabia?
- 244.83 billion current LCU, with Saudi Arabia ahead.
- How many years of comparable data are there for Iceland and Saudi Arabia?
- 49 years are reported by both, from 1976 to 2025.
- How do Iceland and Saudi Arabia rank globally for gross savings?
- Iceland ranks 61st and Saudi Arabia ranks 59th of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.