Gross domestic savings (current US$), per unit of GDP in Iceland
Iceland: Gross domestic savings (current US$), per unit of GDP was 0.2431 current US$ per US$ of GDP in 2025. ▼ Falling
Gross domestic savings (current US$), per unit of GDP in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross domestic savings (current us$), per unit of gdp in Iceland is 0.2431 current US$ per US$ of GDP, measured in 2025.
That represents a change of down 2.7% on the previous year and down 9.9% over ten years.
Over the whole period, gross domestic savings (current us$), per unit of gdp in Iceland peaked at 0.3119 current US$ per US$ of GDP in 1973 and was at its lowest, 0.176 current US$ per US$ of GDP, in 2005.
Iceland ranks 72nd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Gross domestic savings (current US$), per unit of GDP in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.2801 current US$ per US$ of GDP | — |
| 1971 | 0.2791 current US$ per US$ of GDP | -0.3% |
| 1972 | 0.2762 current US$ per US$ of GDP | -1.0% |
| 1973 | 0.3119 current US$ per US$ of GDP | +12.9% |
| 1974 | 0.2726 current US$ per US$ of GDP | -12.6% |
| 1975 | 0.2777 current US$ per US$ of GDP | +1.9% |
| 1976 | 0.3002 current US$ per US$ of GDP | +8.1% |
| 1977 | 0.3005 current US$ per US$ of GDP | +0.1% |
| 1978 | 0.2871 current US$ per US$ of GDP | -4.5% |
| 1979 | 0.2718 current US$ per US$ of GDP | -5.4% |
| 1980 | 0.2794 current US$ per US$ of GDP | +2.8% |
| 1981 | 0.2623 current US$ per US$ of GDP | -6.1% |
| 1982 | 0.2425 current US$ per US$ of GDP | -7.5% |
| 1983 | 0.2411 current US$ per US$ of GDP | -0.6% |
| 1984 | 0.2406 current US$ per US$ of GDP | -0.2% |
| 1985 | 0.219 current US$ per US$ of GDP | -9.0% |
| 1986 | 0.2322 current US$ per US$ of GDP | +6.1% |
| 1987 | 0.2063 current US$ per US$ of GDP | -11.2% |
| 1988 | 0.2091 current US$ per US$ of GDP | +1.3% |
| 1989 | 0.2201 current US$ per US$ of GDP | +5.3% |
| 1990 | 0.2124 current US$ per US$ of GDP | -3.5% |
| 1991 | 0.1977 current US$ per US$ of GDP | -6.9% |
| 1992 | 0.1901 current US$ per US$ of GDP | -3.9% |
| 1993 | 0.2103 current US$ per US$ of GDP | +10.6% |
| 1994 | 0.221 current US$ per US$ of GDP | +5.1% |
| 1995 | 0.2091 current US$ per US$ of GDP | -5.4% |
| 1996 | 0.2053 current US$ per US$ of GDP | -1.8% |
| 1997 | 0.2181 current US$ per US$ of GDP | +6.2% |
| 1998 | 0.2118 current US$ per US$ of GDP | -2.9% |
| 1999 | 0.1879 current US$ per US$ of GDP | -11.3% |
| 2000 | 0.1783 current US$ per US$ of GDP | -5.1% |
| 2001 | 0.2181 current US$ per US$ of GDP | +22.4% |
| 2002 | 0.2109 current US$ per US$ of GDP | -3.3% |
| 2003 | 0.182 current US$ per US$ of GDP | -13.7% |
| 2004 | 0.1904 current US$ per US$ of GDP | +4.6% |
| 2005 | 0.176 current US$ per US$ of GDP | -7.6% |
| 2006 | 0.1944 current US$ per US$ of GDP | +10.5% |
| 2007 | 0.2079 current US$ per US$ of GDP | +6.9% |
| 2008 | 0.2382 current US$ per US$ of GDP | +14.6% |
| 2009 | 0.2279 current US$ per US$ of GDP | -4.3% |
| 2010 | 0.2364 current US$ per US$ of GDP | +3.7% |
| 2011 | 0.231 current US$ per US$ of GDP | -2.3% |
| 2012 | 0.2183 current US$ per US$ of GDP | -5.5% |
| 2013 | 0.2296 current US$ per US$ of GDP | +5.2% |
| 2014 | 0.2361 current US$ per US$ of GDP | +2.8% |
| 2015 | 0.2697 current US$ per US$ of GDP | +14.2% |
| 2016 | 0.2803 current US$ per US$ of GDP | +3.9% |
| 2017 | 0.2656 current US$ per US$ of GDP | -5.3% |
| 2018 | 0.262 current US$ per US$ of GDP | -1.3% |
| 2019 | 0.2584 current US$ per US$ of GDP | -1.4% |
| 2020 | 0.2067 current US$ per US$ of GDP | -20.0% |
| 2021 | 0.2132 current US$ per US$ of GDP | +3.1% |
| 2022 | 0.2468 current US$ per US$ of GDP | +15.8% |
| 2023 | 0.2614 current US$ per US$ of GDP | +5.9% |
| 2024 | 0.2498 current US$ per US$ of GDP | -4.4% |
| 2025 | 0.2431 current US$ per US$ of GDP | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2857 current US$ per US$ of GDP | 0.2718 current US$ per US$ of GDP | 0.3119 current US$ per US$ of GDP | 10 |
| 1980s | 0.2353 current US$ per US$ of GDP | 0.2063 current US$ per US$ of GDP | 0.2794 current US$ per US$ of GDP | 10 |
| 1990s | 0.2064 current US$ per US$ of GDP | 0.1879 current US$ per US$ of GDP | 0.221 current US$ per US$ of GDP | 10 |
| 2000s | 0.2024 current US$ per US$ of GDP | 0.176 current US$ per US$ of GDP | 0.2382 current US$ per US$ of GDP | 10 |
| 2010s | 0.2487 current US$ per US$ of GDP | 0.2183 current US$ per US$ of GDP | 0.2803 current US$ per US$ of GDP | 10 |
| 2020s | 0.2368 current US$ per US$ of GDP | 0.2067 current US$ per US$ of GDP | 0.2614 current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 69 Thailand 0.2489 current US$ per US$ of GDP compare
- 70 Ecuador 0.2446 current US$ per US$ of GDP compare
- 71 Côte d'Ivoire 0.2431 current US$ per US$ of GDP compare
- 73 Germany 0.2429 current US$ per US$ of GDP compare
- 74 Italy 0.2418 current US$ per US$ of GDP compare
- 75 Belgium 0.2373 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0853 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 8,386 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 10.96 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 1.08 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.051 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 5,012 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 729,781 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 16.18 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings (current us$), per unit of gdp in Iceland?
- Gross domestic savings (current us$), per unit of gdp in Iceland was 0.2431 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross domestic savings (current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.3119 current US$ per US$ of GDP in 1973.
- What is the lowest gross domestic savings (current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.176 current US$ per US$ of GDP in 2005.
- How does Iceland rank for gross domestic savings (current us$), per unit of gdp?
- Iceland ranks 72nd out of 187 countries with data for 2025.
- Is gross domestic savings (current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 9.9%. 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 Gross domestic savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic savings (current US$) ÷ GDP (current US$)
Computed from
- Gross domestic savings Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.