Adjusted savings: gross savings (current US$), per unit of GDP in Iceland
Iceland: Adjusted savings: gross savings (current US$), per unit of GDP was 0.1484 current US$ per US$ of GDP in 2021. ▼ Falling
Adjusted savings: gross savings (current US$), per unit of GDP in Iceland, 1976–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2021, adjusted savings: gross savings (current us$), per unit of gdp in Iceland stood at 0.1484 current US$ per US$ of GDP.
That represents a change of down 11.2% on the previous year and up 117.6% over ten years.
Over the whole period, adjusted savings: gross savings (current us$), per unit of gdp in Iceland peaked at 0.2948 current US$ per US$ of GDP in 1977 and was at its lowest, 0.0154 current US$ per US$ of GDP, in 2008.
Iceland ranks 140th of 178 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 46 years of available data.
Adjusted savings: gross savings (current US$), per unit of GDP in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.2902 current US$ per US$ of GDP | — |
| 1977 | 0.2948 current US$ per US$ of GDP | +1.6% |
| 1978 | 0.2784 current US$ per US$ of GDP | -5.6% |
| 1979 | 0.2629 current US$ per US$ of GDP | -5.6% |
| 1980 | 0.269 current US$ per US$ of GDP | +2.3% |
| 1981 | 0.2455 current US$ per US$ of GDP | -8.7% |
| 1982 | 0.2209 current US$ per US$ of GDP | -10.0% |
| 1983 | 0.2126 current US$ per US$ of GDP | -3.8% |
| 1984 | 0.2068 current US$ per US$ of GDP | -2.7% |
| 1985 | 0.1918 current US$ per US$ of GDP | -7.2% |
| 1986 | 0.2116 current US$ per US$ of GDP | +10.3% |
| 1987 | 0.1964 current US$ per US$ of GDP | -7.2% |
| 1988 | 0.1947 current US$ per US$ of GDP | -0.9% |
| 1989 | 0.1936 current US$ per US$ of GDP | -0.6% |
| 1990 | 0.1908 current US$ per US$ of GDP | -1.4% |
| 1991 | 0.1831 current US$ per US$ of GDP | -4.1% |
| 1992 | 0.1801 current US$ per US$ of GDP | -1.6% |
| 1993 | 0.198 current US$ per US$ of GDP | +9.9% |
| 1994 | 0.2008 current US$ per US$ of GDP | +1.4% |
| 1995 | 0.1927 current US$ per US$ of GDP | -4.1% |
| 1996 | 0.1952 current US$ per US$ of GDP | +1.3% |
| 1997 | 0.2023 current US$ per US$ of GDP | +3.6% |
| 1998 | 0.1903 current US$ per US$ of GDP | -5.9% |
| 1999 | 0.1664 current US$ per US$ of GDP | -12.5% |
| 2000 | 0.1398 current US$ per US$ of GDP | -16.0% |
| 2001 | 0.1825 current US$ per US$ of GDP | +30.6% |
| 2002 | 0.214 current US$ per US$ of GDP | +17.2% |
| 2003 | 0.1711 current US$ per US$ of GDP | -20.0% |
| 2004 | 0.1548 current US$ per US$ of GDP | -9.5% |
| 2005 | 0.1197 current US$ per US$ of GDP | -22.7% |
| 2006 | 0.1078 current US$ per US$ of GDP | -9.9% |
| 2007 | 0.1396 current US$ per US$ of GDP | +29.5% |
| 2008 | 0.0154 current US$ per US$ of GDP | -88.9% |
| 2009 | 0.0303 current US$ per US$ of GDP | +96.6% |
| 2010 | 0.0387 current US$ per US$ of GDP | +27.7% |
| 2011 | 0.0682 current US$ per US$ of GDP | +76.1% |
| 2012 | 0.0841 current US$ per US$ of GDP | +23.3% |
| 2013 | 0.1711 current US$ per US$ of GDP | +103.5% |
| 2014 | 0.1729 current US$ per US$ of GDP | +1.0% |
| 2015 | 0.1944 current US$ per US$ of GDP | +12.5% |
| 2016 | 0.2226 current US$ per US$ of GDP | +14.5% |
| 2017 | 0.2209 current US$ per US$ of GDP | -0.8% |
| 2018 | 0.1931 current US$ per US$ of GDP | -12.6% |
| 2019 | 0.2389 current US$ per US$ of GDP | +23.7% |
| 2020 | 0.1672 current US$ per US$ of GDP | -30.0% |
| 2021 | 0.1484 current US$ per US$ of GDP | -11.2% |
Iceland compared with similar countries
- Iceland's 0.1484 current US$ per US$ of GDP is below the median for high income countries, which is 0.2519 current US$ per US$ of GDP, 59% of the median. (62 countries reporting)
- Iceland's 0.1484 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.2482 current US$ per US$ of GDP, 60% of the median. (49 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: gross savings (current US$), per unit of GDP in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +103.5% | 0.0841 current US$ per US$ of GDP | 0.1711 current US$ per US$ of GDP |
| 2009 | +96.6% | 0.0154 current US$ per US$ of GDP | 0.0303 current US$ per US$ of GDP |
| 2008 | -88.9% | 0.1396 current US$ per US$ of GDP | 0.0154 current US$ per US$ of GDP |
| 2011 | +76.1% | 0.0387 current US$ per US$ of GDP | 0.0682 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2816 current US$ per US$ of GDP | 0.2629 current US$ per US$ of GDP | 0.2948 current US$ per US$ of GDP | 4 |
| 1980s | 0.2143 current US$ per US$ of GDP | 0.1918 current US$ per US$ of GDP | 0.269 current US$ per US$ of GDP | 10 |
| 1990s | 0.19 current US$ per US$ of GDP | 0.1664 current US$ per US$ of GDP | 0.2023 current US$ per US$ of GDP | 10 |
| 2000s | 0.1275 current US$ per US$ of GDP | 0.0154 current US$ per US$ of GDP | 0.214 current US$ per US$ of GDP | 10 |
| 2010s | 0.1605 current US$ per US$ of GDP | 0.0387 current US$ per US$ of GDP | 0.2389 current US$ per US$ of GDP | 10 |
| 2020s | 0.1578 current US$ per US$ of GDP | 0.1484 current US$ per US$ of GDP | 0.1672 current US$ per US$ of GDP | 2 |
Countries ranked near Iceland
- 137 Central African Republic 0.1509 current US$ per US$ of GDP compare
- 138 Haiti 0.1505 current US$ per US$ of GDP compare
- 139 Congo 0.1488 current US$ per US$ of GDP compare
- 141 Mozambique 0.1453 current US$ per US$ of GDP compare
- 142 Cameroon 0.1419 current US$ per US$ of GDP compare
- 143 Comoros 0.1395 current US$ per US$ of GDP compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings (current us$), per unit of gdp in Iceland?
- Adjusted savings: gross savings (current us$), per unit of gdp in Iceland was 0.1484 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: gross savings (current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.2948 current US$ per US$ of GDP in 1977.
- What is the lowest adjusted savings: gross savings (current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.0154 current US$ per US$ of GDP in 2008.
- How does Iceland rank for adjusted savings: gross savings (current us$), per unit of gdp?
- Iceland ranks 140th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings (current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is up 117.6%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: gross savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Adjusted savings: gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: gross savings (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: gross savings World Bank national accounts data files
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.