Adjusted savings: net national savings (current US$), per unit of GDP in Iceland
Iceland: Adjusted savings: net national savings (current US$), per unit of GDP was -0.0111 current US$ per US$ of GDP in 2021. ◆ Volatile
Adjusted savings: net national savings (current US$), per unit of GDP in Iceland, 1976–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for adjusted savings: net national savings (current us$), per unit of gdp in Iceland is -0.0111 current US$ per US$ of GDP, measured in 2021.
The figure is down 220.4% on the previous year and up 89.0% over ten years.
Over the whole period, adjusted savings: net national savings (current us$), per unit of gdp in Iceland peaked at 0.1039 current US$ per US$ of GDP in 1977 and was at its lowest, -0.1564 current US$ per US$ of GDP, in 2009.
That places Iceland 157th out of 177 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings (current US$), per unit of GDP in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0817 current US$ per US$ of GDP | — |
| 1977 | 0.1039 current US$ per US$ of GDP | +27.2% |
| 1978 | 0.0873 current US$ per US$ of GDP | -15.9% |
| 1979 | 0.0677 current US$ per US$ of GDP | -22.4% |
| 1980 | 0.0766 current US$ per US$ of GDP | +13.0% |
| 1981 | 0.0504 current US$ per US$ of GDP | -34.2% |
| 1982 | 0.0153 current US$ per US$ of GDP | -69.5% |
| 1983 | -0.0054 current US$ per US$ of GDP | -135.1% |
| 1984 | 0.0029 current US$ per US$ of GDP | -153.4% |
| 1985 | -0.0103 current US$ per US$ of GDP | -458.8% |
| 1986 | 0.0184 current US$ per US$ of GDP | -277.7% |
| 1987 | 0.0204 current US$ per US$ of GDP | +11.0% |
| 1988 | 0.0179 current US$ per US$ of GDP | -12.4% |
| 1989 | 0.007 current US$ per US$ of GDP | -60.7% |
| 1990 | 0.0037 current US$ per US$ of GDP | -47.8% |
| 1991 | 0.0102 current US$ per US$ of GDP | +177.4% |
| 1992 | 0.0112 current US$ per US$ of GDP | +10.3% |
| 1993 | 0.0327 current US$ per US$ of GDP | +191.8% |
| 1994 | 0.0435 current US$ per US$ of GDP | +33.0% |
| 1995 | 0.0438 current US$ per US$ of GDP | +0.8% |
| 1996 | 0.057 current US$ per US$ of GDP | +30.2% |
| 1997 | 0.0733 current US$ per US$ of GDP | +28.5% |
| 1998 | 0.0678 current US$ per US$ of GDP | -7.5% |
| 1999 | 0.0396 current US$ per US$ of GDP | -41.6% |
| 2000 | 0.0176 current US$ per US$ of GDP | -55.6% |
| 2001 | 0.0526 current US$ per US$ of GDP | +198.7% |
| 2002 | 0.0853 current US$ per US$ of GDP | +62.2% |
| 2003 | 0.0415 current US$ per US$ of GDP | -51.3% |
| 2004 | 0.0305 current US$ per US$ of GDP | -26.6% |
| 2005 | -0.0054 current US$ per US$ of GDP | -117.8% |
| 2006 | -0.0275 current US$ per US$ of GDP | +406.8% |
| 2007 | 0.0012 current US$ per US$ of GDP | -104.3% |
| 2008 | -0.1463 current US$ per US$ of GDP | -12401.9% |
| 2009 | -0.1564 current US$ per US$ of GDP | +6.9% |
| 2010 | -0.1401 current US$ per US$ of GDP | -10.4% |
| 2011 | -0.1013 current US$ per US$ of GDP | -27.7% |
| 2012 | -0.085 current US$ per US$ of GDP | -16.1% |
| 2013 | 0.0094 current US$ per US$ of GDP | -111.1% |
| 2014 | 0.0197 current US$ per US$ of GDP | +109.5% |
| 2015 | 0.0497 current US$ per US$ of GDP | +152.2% |
| 2016 | 0.0764 current US$ per US$ of GDP | +53.6% |
| 2017 | 0.0626 current US$ per US$ of GDP | -18.0% |
| 2018 | 0.0313 current US$ per US$ of GDP | -50.0% |
| 2019 | 0.0825 current US$ per US$ of GDP | +163.6% |
| 2020 | 0.0092 current US$ per US$ of GDP | -88.8% |
| 2021 | -0.0111 current US$ per US$ of GDP | -220.4% |
Iceland compared with similar countries
- Iceland's -0.0111 current US$ per US$ of GDP is below the median for high income countries, which is 0.0861 current US$ per US$ of GDP. (61 countries reporting)
- Iceland's -0.0111 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.0703 current US$ per US$ of GDP. (48 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: net national savings (current US$), per unit of GDP in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -12401.9% | 0.0012 current US$ per US$ of GDP | -0.1463 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0852 current US$ per US$ of GDP | 0.0677 current US$ per US$ of GDP | 0.1039 current US$ per US$ of GDP | 4 |
| 1980s | 0.0193 current US$ per US$ of GDP | -0.0103 current US$ per US$ of GDP | 0.0766 current US$ per US$ of GDP | 10 |
| 1990s | 0.0383 current US$ per US$ of GDP | 0.0037 current US$ per US$ of GDP | 0.0733 current US$ per US$ of GDP | 10 |
| 2000s | -0.0107 current US$ per US$ of GDP | -0.1564 current US$ per US$ of GDP | 0.0853 current US$ per US$ of GDP | 10 |
| 2010s | 0.0005 current US$ per US$ of GDP | -0.1401 current US$ per US$ of GDP | 0.0825 current US$ per US$ of GDP | 10 |
| 2020s | -0.0009 current US$ per US$ of GDP | -0.0111 current US$ per US$ of GDP | 0.0092 current US$ per US$ of GDP | 2 |
Countries ranked near Iceland
- 154 Portugal -0.0048 current US$ per US$ of GDP compare
- 155 Ukraine -0.007 current US$ per US$ of GDP compare
- 156 Brazil -0.0095 current US$ per US$ of GDP compare
- 158 Cyprus -0.0181 current US$ per US$ of GDP compare
- 159 Tunisia -0.0261 current US$ per US$ of GDP compare
- 160 Georgia -0.0271 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: net national savings (current us$), per unit of gdp in Iceland?
- Adjusted savings: net national savings (current us$), per unit of gdp in Iceland was -0.0111 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: net national savings (current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.1039 current US$ per US$ of GDP in 1977.
- What is the lowest adjusted savings: net national savings (current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was -0.1564 current US$ per US$ of GDP in 2009.
- How does Iceland rank for adjusted savings: net national savings (current us$), per unit of gdp?
- Iceland ranks 157th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings (current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is up 89.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: net national savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Adjusted savings: net national savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: net national savings (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: net national savings Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: net national savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.