Gross domestic savings (current US$), annual growth rate in Iceland
Iceland: Gross domestic savings (current US$), annual growth rate was 13.17 % change on previous year in 2025. ◆ Volatile
Gross domestic savings (current US$), annual growth rate in Iceland, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic savings (current us$), annual growth rate in Iceland is 13.17 % change on previous year, measured in 2025.
The figure is up 30,044.8% on the previous year and up 9.7% over ten years.
Over the whole period, gross domestic savings (current us$), annual growth rate in Iceland peaked at 55.24 % change on previous year in 1973 and was at its lowest, -30.73 % change on previous year, in 2009.
That places Iceland 52nd out of 185 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current US$), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 26.83 % change on previous year | — |
| 1972 | 23.98 % change on previous year | -10.6% |
| 1973 | 55.24 % change on previous year | +130.3% |
| 1974 | 14.7 % change on previous year | -73.4% |
| 1975 | -5.42 % change on previous year | -136.9% |
| 1976 | 28.31 % change on previous year | -622.3% |
| 1977 | 32.43 % change on previous year | +14.5% |
| 1978 | 8.66 % change on previous year | -73.3% |
| 1979 | 7.51 % change on previous year | -13.2% |
| 1980 | 21.85 % change on previous year | +190.8% |
| 1981 | -3.05 % change on previous year | -113.9% |
| 1982 | -15.11 % change on previous year | +395.7% |
| 1983 | -14.24 % change on previous year | -5.8% |
| 1984 | 3.33 % change on previous year | -123.4% |
| 1985 | -5.18 % change on previous year | -255.5% |
| 1986 | 41.79 % change on previous year | -906.3% |
| 1987 | 22.93 % change on previous year | -45.1% |
| 1988 | 12.08 % change on previous year | -47.3% |
| 1989 | -2.21 % change on previous year | -118.3% |
| 1990 | 10.06 % change on previous year | -554.5% |
| 1991 | -0.578 % change on previous year | -105.7% |
| 1992 | -1.48 % change on previous year | +156.0% |
| 1993 | -2.83 % change on previous year | +91.1% |
| 1994 | 7.98 % change on previous year | -382.0% |
| 1995 | 5.49 % change on previous year | -31.2% |
| 1996 | 2.37 % change on previous year | -56.9% |
| 1997 | 6.66 % change on previous year | +181.6% |
| 1998 | 8.7 % change on previous year | +30.5% |
| 1999 | -6.46 % change on previous year | -174.3% |
| 2000 | -4.8 % change on previous year | -25.8% |
| 2001 | 11.43 % change on previous year | -338.3% |
| 2002 | 9.39 % change on previous year | -17.9% |
| 2003 | 6.01 % change on previous year | -36.0% |
| 2004 | 26.28 % change on previous year | +337.4% |
| 2005 | 13.49 % change on previous year | -48.7% |
| 2006 | 13.86 % change on previous year | +2.7% |
| 2007 | 32.86 % change on previous year | +137.1% |
| 2008 | -4.78 % change on previous year | -114.5% |
| 2009 | -30.73 % change on previous year | +543.2% |
| 2010 | 9.32 % change on previous year | -130.3% |
| 2011 | 8.01 % change on previous year | -14.0% |
| 2012 | -8.26 % change on previous year | -203.1% |
| 2013 | 14.36 % change on previous year | -273.8% |
| 2014 | 14.28 % change on previous year | -0.5% |
| 2015 | 12.01 % change on previous year | -15.9% |
| 2016 | 23.79 % change on previous year | +98.1% |
| 2017 | 12.61 % change on previous year | -47.0% |
| 2018 | 5.03 % change on previous year | -60.1% |
| 2019 | -7.65 % change on previous year | -252.0% |
| 2020 | -29.46 % change on previous year | +285.2% |
| 2021 | 22.8 % change on previous year | -177.4% |
| 2022 | 28.74 % change on previous year | +26.0% |
| 2023 | 15.08 % change on previous year | -47.5% |
| 2024 | 0.0437 % change on previous year | -99.7% |
| 2025 | 13.17 % change on previous year | +30044.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.36 % change on previous year | -5.42 % change on previous year | 55.24 % change on previous year | 9 |
| 1980s | 6.22 % change on previous year | -15.11 % change on previous year | 41.79 % change on previous year | 10 |
| 1990s | 2.99 % change on previous year | -6.46 % change on previous year | 10.06 % change on previous year | 10 |
| 2000s | 7.3 % change on previous year | -30.73 % change on previous year | 32.86 % change on previous year | 10 |
| 2010s | 8.35 % change on previous year | -8.26 % change on previous year | 23.79 % change on previous year | 10 |
| 2020s | 8.4 % change on previous year | -29.46 % change on previous year | 28.74 % change on previous year | 6 |
Countries ranked near Iceland
- 49 North Macedonia 14.91 % change on previous year compare
- 50 Israel 13.74 % change on previous year compare
- 51 Tonga 13.17 % change on previous year compare
- 53 Czechia 12.78 % change on previous year compare
- 54 Albania 12.3 % change on previous year compare
- 55 Cyprus 12.23 % 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)
- 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)
- Services, value added (current US$), per capita 65,116 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 9.72 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 85.06 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 8.36 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.16 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3978 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings (current us$), annual growth rate in Iceland?
- Gross domestic savings (current us$), annual growth rate in Iceland was 13.17 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross domestic savings (current us$), annual growth rate recorded in Iceland?
- The highest recorded value was 55.24 % change on previous year in 1973.
- What is the lowest gross domestic savings (current us$), annual growth rate recorded in Iceland?
- The lowest recorded value was -30.73 % change on previous year in 2009.
- How does Iceland rank for gross domestic savings (current us$), annual growth rate?
- Iceland ranks 52nd out of 185 countries with data for 2025.
- Is gross domestic savings (current us$), annual growth rate rising or falling in Iceland?
- Over the last ten years it is up 9.7%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic savings (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.