Dominican Republic vs Iceland: Gross savings
Gross savings over time
- Dominican Republic
- Iceland
How they compare
Dominican Republic currently reports 23.3% against 23.0% in Iceland, a difference of 0.3%.
The two have swapped places 7 times across 49 shared years of data; in 1976 it was Iceland ahead.
Dominican Republic ranks 81st and Iceland ranks 84th of 178 countries.
Across the 6 decades both report, Dominican Republic averaged higher in 3 and Iceland in 3.
Head to head by decade
| Decade | Dominican Republic | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 18.2% | 27.1% | 8.9% | Iceland |
| 1980s | 14.2% | 20.0% | 5.8% | Iceland |
| 1990s | 18.6% | 17.7% | 0.8% | Dominican Republic |
| 2000s | 22.5% | 13.9% | 8.6% | Dominican Republic |
| 2010s | 20.1% | 21.2% | 1.0% | Iceland |
| 2020s | 24.4% | 22.6% | 1.7% | Dominican Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Dominican Republic or Iceland?
- Dominican Republic, at 23.3% against 23.0% in Iceland as of 2025.
- What is the difference in gross savings between Dominican Republic and Iceland?
- 0.3%, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and Iceland?
- 49 years are reported by both, from 1976 to 2025.
- How do Dominican Republic and Iceland rank globally for gross savings?
- Dominican Republic ranks 81st and Iceland ranks 84th of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 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.