Gross domestic savings (current LCU), per unit of GDP in Iceland
Iceland: Gross domestic savings (current LCU), per unit of GDP was 31.23 current LCU per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
31.23 current LCU per US$ of GDP
Change on year
down 9.4%
World rank
42nd
of 187 countries
All-time high
36.05 current LCU per US$ of GDP
in 2023
All-time low
0.2438 current LCU per US$ of GDP
in 1972
Years of data
56
1970–2025
Gross domestic savings (current LCU), per unit of GDP in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, gross domestic savings (current lcu), per unit of gdp in Iceland stood at 31.23 current LCU per US$ of GDP.
Compared with earlier readings it is down 9.4% on the previous year and down 12.2% over ten years.
Over the whole period, gross domestic savings (current lcu), per unit of gdp in Iceland peaked at 36.05 current LCU per US$ of GDP in 2023 and was at its lowest, 0.2438 current LCU per US$ of GDP, in 1972.
Iceland ranks 42nd of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current LCU), per unit of GDP in Iceland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.2464 current LCU per US$ of GDP | — |
| 1971 | 0.2456 current LCU per US$ of GDP | -0.3% |
| 1972 | 0.2438 current LCU per US$ of GDP | -0.7% |
| 1973 | 0.2811 current LCU per US$ of GDP | +15.3% |
| 1974 | 0.2724 current LCU per US$ of GDP | -3.1% |
| 1975 | 0.4268 current LCU per US$ of GDP | +56.6% |
| 1976 | 0.5469 current LCU per US$ of GDP | +28.2% |
| 1977 | 0.5977 current LCU per US$ of GDP | +9.3% |
| 1978 | 0.7784 current LCU per US$ of GDP | +30.2% |
| 1979 | 0.9582 current LCU per US$ of GDP | +23.1% |
| 1980 | 1.34 current LCU per US$ of GDP | +39.9% |
| 1981 | 1.89 current LCU per US$ of GDP | +41.3% |
| 1982 | 3 current LCU per US$ of GDP | +58.1% |
| 1983 | 5.99 current LCU per US$ of GDP | +100.0% |
| 1984 | 7.63 current LCU per US$ of GDP | +27.3% |
| 1985 | 9.09 current LCU per US$ of GDP | +19.2% |
| 1986 | 9.55 current LCU per US$ of GDP | +5.0% |
| 1987 | 7.98 current LCU per US$ of GDP | -16.4% |
| 1988 | 8.99 current LCU per US$ of GDP | +12.7% |
| 1989 | 12.55 current LCU per US$ of GDP | +39.6% |
| 1990 | 12.38 current LCU per US$ of GDP | -1.4% |
| 1991 | 11.66 current LCU per US$ of GDP | -5.8% |
| 1992 | 10.94 current LCU per US$ of GDP | -6.2% |
| 1993 | 14.22 current LCU per US$ of GDP | +30.0% |
| 1994 | 15.46 current LCU per US$ of GDP | +8.7% |
| 1995 | 13.53 current LCU per US$ of GDP | -12.5% |
| 1996 | 13.65 current LCU per US$ of GDP | +0.9% |
| 1997 | 15.47 current LCU per US$ of GDP | +13.3% |
| 1998 | 15.03 current LCU per US$ of GDP | -2.8% |
| 1999 | 13.59 current LCU per US$ of GDP | -9.6% |
| 2000 | 14.01 current LCU per US$ of GDP | +3.1% |
| 2001 | 21.25 current LCU per US$ of GDP | +51.6% |
| 2002 | 19.33 current LCU per US$ of GDP | -9.0% |
| 2003 | 13.96 current LCU per US$ of GDP | -27.8% |
| 2004 | 13.36 current LCU per US$ of GDP | -4.3% |
| 2005 | 11.08 current LCU per US$ of GDP | -17.1% |
| 2006 | 13.64 current LCU per US$ of GDP | +23.1% |
| 2007 | 13.31 current LCU per US$ of GDP | -2.4% |
| 2008 | 20.95 current LCU per US$ of GDP | +57.3% |
| 2009 | 28.18 current LCU per US$ of GDP | +34.5% |
| 2010 | 28.9 current LCU per US$ of GDP | +2.6% |
| 2011 | 26.78 current LCU per US$ of GDP | -7.3% |
| 2012 | 27.3 current LCU per US$ of GDP | +1.9% |
| 2013 | 28.05 current LCU per US$ of GDP | +2.8% |
| 2014 | 27.57 current LCU per US$ of GDP | -1.7% |
| 2015 | 35.58 current LCU per US$ of GDP | +29.1% |
| 2016 | 33.87 current LCU per US$ of GDP | -4.8% |
| 2017 | 28.38 current LCU per US$ of GDP | -16.2% |
| 2018 | 28.38 current LCU per US$ of GDP | +0.0% |
| 2019 | 31.68 current LCU per US$ of GDP | +11.6% |
| 2020 | 27.99 current LCU per US$ of GDP | -11.6% |
| 2021 | 27.07 current LCU per US$ of GDP | -3.3% |
| 2022 | 33.38 current LCU per US$ of GDP | +23.3% |
| 2023 | 36.05 current LCU per US$ of GDP | +8.0% |
| 2024 | 34.46 current LCU per US$ of GDP | -4.4% |
| 2025 | 31.23 current LCU per US$ of GDP | -9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4597 current LCU per US$ of GDP | 0.2438 current LCU per US$ of GDP | 0.9582 current LCU per US$ of GDP | 10 |
| 1980s | 6.8 current LCU per US$ of GDP | 1.34 current LCU per US$ of GDP | 12.55 current LCU per US$ of GDP | 10 |
| 1990s | 13.59 current LCU per US$ of GDP | 10.94 current LCU per US$ of GDP | 15.47 current LCU per US$ of GDP | 10 |
| 2000s | 16.91 current LCU per US$ of GDP | 11.08 current LCU per US$ of GDP | 28.18 current LCU per US$ of GDP | 10 |
| 2010s | 29.65 current LCU per US$ of GDP | 26.78 current LCU per US$ of GDP | 35.58 current LCU per US$ of GDP | 10 |
| 2020s | 31.7 current LCU per US$ of GDP | 27.07 current LCU per US$ of GDP | 36.05 current LCU per US$ of GDP | 6 |
Countries ranked near Iceland
- 39 Togo 70.5 current LCU per US$ of GDP compare
- 40 Algeria 52.59 current LCU per US$ of GDP compare
- 41 Japan 40.55 current LCU per US$ of GDP compare
- 43 Djibouti 28.86 current LCU per US$ of GDP compare
- 44 India 28.43 current LCU per US$ of GDP compare
- 45 Bangladesh 26.56 current LCU 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 7.15 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3036 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 29,848 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -107.38 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -93.07 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.69 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 4.69 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 461,476 current LCU per person (2025)
Frequently asked questions
- What is gross domestic savings (current lcu), per unit of gdp in Iceland?
- Gross domestic savings (current lcu), per unit of gdp in Iceland was 31.23 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 36.05 current LCU per US$ of GDP in 2023.
- What is the lowest gross domestic savings (current lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.2438 current LCU per US$ of GDP in 1972.
- How does Iceland rank for gross domestic savings (current lcu), per unit of gdp?
- Iceland ranks 42nd out of 187 countries with data for 2025.
- Is gross domestic savings (current lcu), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 12.2%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross domestic savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross domestic savings Country official statistics, National Statistical Organizations and/or Central Banks
- 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
Gross domestic savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.