Iceland vs South Africa: Gross savings
Gross savings over time
- Iceland
- South Africa
How they compare
Iceland currently reports 1.14 trillion current LCU against 986.33 billion current LCU in South Africa, a difference of 152.60 billion current LCU.
That makes Iceland's figure about 1.2 times South Africa's.
The two have swapped places 7 times across 49 shared years of data; in 1976 it was South Africa ahead.
Iceland ranks 61st and South Africa ranks 63rd of 177 countries.
South Africa has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.59 billion current LCU | 11.40 billion current LCU | 9.81 billion current LCU | South Africa |
| 1980s | 25.62 billion current LCU | 31.19 billion current LCU | 5.57 billion current LCU | South Africa |
| 1990s | 87.54 billion current LCU | 91.31 billion current LCU | 3.78 billion current LCU | South Africa |
| 2000s | 144.15 billion current LCU | 313.87 billion current LCU | 169.72 billion current LCU | South Africa |
| 2010s | 514.56 billion current LCU | 612.99 billion current LCU | 98.43 billion current LCU | South Africa |
| 2020s | 916.16 billion current LCU | 977.89 billion current LCU | 61.73 billion current LCU | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Iceland or South Africa?
- Iceland, at 1.14 trillion current LCU against 986.33 billion current LCU in South Africa as of 2025.
- What is the difference in gross savings between Iceland and South Africa?
- 152.60 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and South Africa?
- 49 years are reported by both, from 1976 to 2025.
- How do Iceland and South Africa rank globally for gross savings?
- Iceland ranks 61st and South Africa ranks 63rd 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.