Gross savings (current LCU), per unit of GDP in Iceland
Iceland: Gross savings (current LCU), per unit of GDP was 29.52 current LCU per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
29.52 current LCU per US$ of GDP
Change on year
down 7.0%
World rank
48th
of 178 countries
All-time high
35.93 current LCU per US$ of GDP
in 2016
All-time low
0.5087 current LCU per US$ of GDP
in 1976
Years of data
49
1976–2025
Gross savings (current LCU), per unit of GDP in Iceland, 1976–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, gross savings (current lcu), per unit of gdp in Iceland stood at 29.52 current LCU per US$ of GDP.
That represents a change of down 7.0% on the previous year and down 12.2% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Iceland peaked at 35.93 current LCU per US$ of GDP in 2016 and was at its lowest, 0.5087 current LCU per US$ of GDP, in 1976.
That places Iceland 48th out of 178 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 savings (current LCU), per unit of GDP in Iceland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.5087 current LCU per US$ of GDP | — |
| 1977 | 0.5647 current LCU per US$ of GDP | +11.0% |
| 1979 | 0.884 current LCU per US$ of GDP | +56.5% |
| 1980 | 1.23 current LCU per US$ of GDP | +39.5% |
| 1981 | 1.68 current LCU per US$ of GDP | +36.3% |
| 1982 | 2.56 current LCU per US$ of GDP | +52.2% |
| 1983 | 4.94 current LCU per US$ of GDP | +92.9% |
| 1984 | 6.11 current LCU per US$ of GDP | +23.8% |
| 1985 | 7.35 current LCU per US$ of GDP | +20.2% |
| 1986 | 8.12 current LCU per US$ of GDP | +10.5% |
| 1987 | 7.01 current LCU per US$ of GDP | -13.6% |
| 1988 | 7.73 current LCU per US$ of GDP | +10.2% |
| 1989 | 10.2 current LCU per US$ of GDP | +32.0% |
| 1990 | 10.25 current LCU per US$ of GDP | +0.4% |
| 1991 | 9.89 current LCU per US$ of GDP | -3.5% |
| 1992 | 9.46 current LCU per US$ of GDP | -4.3% |
| 1993 | 12.38 current LCU per US$ of GDP | +30.8% |
| 1994 | 13.03 current LCU per US$ of GDP | +5.3% |
| 1995 | 11.54 current LCU per US$ of GDP | -11.4% |
| 1996 | 11.8 current LCU per US$ of GDP | +2.3% |
| 1997 | 13.55 current LCU per US$ of GDP | +14.8% |
| 1998 | 13.08 current LCU per US$ of GDP | -3.5% |
| 1999 | 11.81 current LCU per US$ of GDP | -9.7% |
| 2000 | 11.51 current LCU per US$ of GDP | -2.5% |
| 2001 | 18.06 current LCU per US$ of GDP | +57.0% |
| 2002 | 19.07 current LCU per US$ of GDP | +5.6% |
| 2003 | 12.56 current LCU per US$ of GDP | -34.1% |
| 2004 | 10.33 current LCU per US$ of GDP | -17.7% |
| 2005 | 8.56 current LCU per US$ of GDP | -17.2% |
| 2006 | 9.35 current LCU per US$ of GDP | +9.3% |
| 2007 | 10.2 current LCU per US$ of GDP | +9.0% |
| 2008 | 4.53 current LCU per US$ of GDP | -55.5% |
| 2009 | 7.43 current LCU per US$ of GDP | +63.8% |
| 2010 | 9.76 current LCU per US$ of GDP | +31.4% |
| 2011 | 12.54 current LCU per US$ of GDP | +28.5% |
| 2012 | 16.23 current LCU per US$ of GDP | +29.5% |
| 2013 | 26.66 current LCU per US$ of GDP | +64.3% |
| 2014 | 25.77 current LCU per US$ of GDP | -3.3% |
| 2015 | 33.63 current LCU per US$ of GDP | +30.5% |
| 2016 | 35.93 current LCU per US$ of GDP | +6.9% |
| 2017 | 28.28 current LCU per US$ of GDP | -21.3% |
| 2018 | 28.85 current LCU per US$ of GDP | +2.0% |
| 2019 | 33.81 current LCU per US$ of GDP | +17.2% |
| 2020 | 31.02 current LCU per US$ of GDP | -8.3% |
| 2021 | 25.7 current LCU per US$ of GDP | -17.1% |
| 2022 | 30.47 current LCU per US$ of GDP | +18.5% |
| 2023 | 33.38 current LCU per US$ of GDP | +9.6% |
| 2024 | 31.73 current LCU per US$ of GDP | -4.9% |
| 2025 | 29.52 current LCU per US$ of GDP | -7.0% |
Iceland compared with similar countries
- Iceland's 29.52 current LCU per US$ of GDP is above the median for high income countries, which is 0.313 current LCU per US$ of GDP, 94.3× the median. (63 countries reporting)
- Iceland's 29.52 current LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.3544 current LCU per US$ of GDP, 83.3× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6525 current LCU per US$ of GDP | 0.5087 current LCU per US$ of GDP | 0.884 current LCU per US$ of GDP | 3 |
| 1980s | 5.69 current LCU per US$ of GDP | 1.23 current LCU per US$ of GDP | 10.2 current LCU per US$ of GDP | 10 |
| 1990s | 11.68 current LCU per US$ of GDP | 9.46 current LCU per US$ of GDP | 13.55 current LCU per US$ of GDP | 10 |
| 2000s | 11.16 current LCU per US$ of GDP | 4.53 current LCU per US$ of GDP | 19.07 current LCU per US$ of GDP | 10 |
| 2010s | 25.15 current LCU per US$ of GDP | 9.76 current LCU per US$ of GDP | 35.93 current LCU per US$ of GDP | 10 |
| 2020s | 30.3 current LCU per US$ of GDP | 25.7 current LCU per US$ of GDP | 33.38 current LCU per US$ of GDP | 6 |
Countries ranked near Iceland
- 45 Bangladesh 42.08 current LCU per US$ of GDP compare
- 46 Guyana 34.93 current LCU per US$ of GDP compare
- 47 India 30.3 current LCU per US$ of GDP compare
- 49 Sudan 27.78 current LCU per US$ of GDP compare
- 50 Djibouti 26.41 current LCU per US$ of GDP compare
- 51 French Polynesia 25.1 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Iceland?
- Gross savings (current lcu), per unit of gdp in Iceland was 29.52 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 35.93 current LCU per US$ of GDP in 2016.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.5087 current LCU per US$ of GDP in 1976.
- How does Iceland rank for gross savings (current lcu), per unit of gdp?
- Iceland ranks 48th out of 178 countries with data for 2025.
- Is gross 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 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 savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- 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 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.