Ghana vs Iceland: Gross savings

Ghana
10.32 billion current US$
in 2024
Iceland
8.87 billion current US$
in 2025
Ghana rank
92nd
Iceland rank
95th

Gross savings over time

  • Ghana
  • Iceland
05.0B10.0B15.0B197520002025

How they compare

Ghana currently reports 10.32 billion current US$ against 8.87 billion current US$ in Iceland, a difference of 1.45 billion current US$.

That makes Ghana's figure about 1.2 times Iceland's.

The two have swapped places 7 times across 48 shared years of data; in 1976 it was Iceland ahead.

Ghana ranks 92nd and Iceland ranks 95th of 178 countries.

Across the 6 decades both report, Ghana averaged higher in 2 and Iceland in 4.

Head to head by decade

Decade Ghana Iceland Difference Ahead
1970s 313.53 million current US$ 624.00 million current US$ 310.48 million current US$ Iceland
1980s 347.69 million current US$ 815.37 million current US$ 467.68 million current US$ Iceland
1990s 883.68 million current US$ 1.32 billion current US$ 438.70 million current US$ Iceland
2000s 1.82 billion current US$ 1.87 billion current US$ 52.67 million current US$ Iceland
2010s 8.07 billion current US$ 4.37 billion current US$ 3.71 billion current US$ Ghana
2020s 9.76 billion current US$ 6.45 billion current US$ 3.32 billion current US$ Ghana

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross savings, Ghana or Iceland?
Ghana, at 10.32 billion current US$ against 8.87 billion current US$ in Iceland as of 2024.
What is the difference in gross savings between Ghana and Iceland?
1.45 billion current US$, with Ghana ahead.
How many years of comparable data are there for Ghana and Iceland?
48 years are reported by both, from 1976 to 2024.
How do Ghana and Iceland rank globally for gross savings?
Ghana ranks 92nd and Iceland ranks 95th of 178 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ghana vs Iceland: Gross savings. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/gross-savings-current-us/ghana/iceland/

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About this data

Indicator
Gross savings (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 6,444 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.