Gross domestic savings (current LCU), annual growth rate in Iceland
Iceland: Gross domestic savings (current LCU), annual growth rate was 5.36 % change on previous year in 2025. ◆ Volatile
Latest (2025)
5.36 % change on previous year
Change on year
up 9,631.1%
World rank
86th
of 185 countries
All-time high
72.49 % change on previous year
in 1983
All-time low
-22.08 % change on previous year
in 2020
Years of data
55
1971–2025
Gross domestic savings (current LCU), annual growth rate in Iceland, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross domestic savings (current lcu), annual growth rate in Iceland stood at 5.36 % change on previous year.
Compared with earlier readings it is up 9,631.1% on the previous year and down 79.8% over ten years.
Over the whole period, gross domestic savings (current lcu), annual growth rate in Iceland peaked at 72.49 % change on previous year in 1983 and was at its lowest, -22.08 % change on previous year, in 2020.
That places Iceland 86th out of 185 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current LCU), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 26.83 % change on previous year | — |
| 1972 | 24.35 % change on previous year | -9.2% |
| 1973 | 58.53 % change on previous year | +140.3% |
| 1974 | 27.2 % change on previous year | -53.5% |
| 1975 | 45.44 % change on previous year | +67.1% |
| 1976 | 52.08 % change on previous year | +14.6% |
| 1977 | 44.57 % change on previous year | -14.4% |
| 1978 | 48.13 % change on previous year | +8.0% |
| 1979 | 39.83 % change on previous year | -17.2% |
| 1980 | 65.79 % change on previous year | +65.2% |
| 1981 | 45.99 % change on previous year | -30.1% |
| 1982 | 45.14 % change on previous year | -1.8% |
| 1983 | 72.49 % change on previous year | +60.6% |
| 1984 | 31.83 % change on previous year | -56.1% |
| 1985 | 24.18 % change on previous year | -24.0% |
| 1986 | 40.41 % change on previous year | +67.1% |
| 1987 | 15.67 % change on previous year | -61.2% |
| 1988 | 24.65 % change on previous year | +57.3% |
| 1989 | 29.68 % change on previous year | +20.4% |
| 1990 | 12.46 % change on previous year | -58.0% |
| 1991 | 0.6372 % change on previous year | -94.9% |
| 1992 | -3.9 % change on previous year | -712.4% |
| 1993 | 14.15 % change on previous year | -462.8% |
| 1994 | 11.71 % change on previous year | -17.2% |
| 1995 | -2.43 % change on previous year | -120.8% |
| 1996 | 5.23 % change on previous year | -314.8% |
| 1997 | 13.73 % change on previous year | +162.6% |
| 1998 | 8.78 % change on previous year | -36.0% |
| 1999 | -4.65 % change on previous year | -152.9% |
| 2000 | 3.47 % change on previous year | -174.6% |
| 2001 | 38.09 % change on previous year | +997.3% |
| 2002 | 2.92 % change on previous year | -92.3% |
| 2003 | -11.28 % change on previous year | -487.0% |
| 2004 | 15.55 % change on previous year | -237.9% |
| 2005 | 1.83 % change on previous year | -88.2% |
| 2006 | 26.87 % change on previous year | +1365.6% |
| 2007 | 21.27 % change on previous year | -20.9% |
| 2008 | 30.74 % change on previous year | +44.5% |
| 2009 | -2.61 % change on previous year | -108.5% |
| 2010 | 8.08 % change on previous year | -409.1% |
| 2011 | 2.46 % change on previous year | -69.6% |
| 2012 | -1.04 % change on previous year | -142.3% |
| 2013 | 11.7 % change on previous year | -1225.8% |
| 2014 | 9.22 % change on previous year | -21.2% |
| 2015 | 26.54 % change on previous year | +187.9% |
| 2016 | 13.37 % change on previous year | -49.6% |
| 2017 | -0.4151 % change on previous year | -103.1% |
| 2018 | 6.47 % change on previous year | -1657.9% |
| 2019 | 4.55 % change on previous year | -29.6% |
| 2020 | -22.08 % change on previous year | -585.0% |
| 2021 | 15.15 % change on previous year | -168.6% |
| 2022 | 37.14 % change on previous year | +145.1% |
| 2023 | 17.34 % change on previous year | -53.3% |
| 2024 | 0.0551 % change on previous year | -99.7% |
| 2025 | 5.36 % change on previous year | +9631.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 40.77 % change on previous year | 24.35 % change on previous year | 58.53 % change on previous year | 9 |
| 1980s | 39.58 % change on previous year | 15.67 % change on previous year | 72.49 % change on previous year | 10 |
| 1990s | 5.57 % change on previous year | -4.65 % change on previous year | 14.15 % change on previous year | 10 |
| 2000s | 12.68 % change on previous year | -11.28 % change on previous year | 38.09 % change on previous year | 10 |
| 2010s | 8.09 % change on previous year | -1.04 % change on previous year | 26.54 % change on previous year | 10 |
| 2020s | 8.83 % change on previous year | -22.08 % change on previous year | 37.14 % change on previous year | 6 |
Countries ranked near Iceland
- 83 New Zealand 5.91 % change on previous year compare
- 84 Estonia 5.79 % change on previous year compare
- 85 Spain 5.4 % change on previous year compare
- 87 Dominican Republic 5.34 % change on previous year compare
- 88 Malta 5.31 % change on previous year compare
- 89 Slovakia 5.3 % change on previous year 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)
- Industry (including construction), value added (constant 2015 US$) -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1135 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 11,161 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 17.85 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1.75 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 17.85 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6623 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings (current lcu), annual growth rate in Iceland?
- Gross domestic savings (current lcu), annual growth rate in Iceland was 5.36 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), annual growth rate recorded in Iceland?
- The highest recorded value was 72.49 % change on previous year in 1983.
- What is the lowest gross domestic savings (current lcu), annual growth rate recorded in Iceland?
- The lowest recorded value was -22.08 % change on previous year in 2020.
- How does Iceland rank for gross domestic savings (current lcu), annual growth rate?
- Iceland ranks 86th out of 185 countries with data for 2025.
- Is gross domestic savings (current lcu), annual growth rate rising or falling in Iceland?
- Over the last ten years it is down 79.8%. 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 Gross domestic savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic savings 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
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.