Gross savings (current US$), per unit of GDP in Iceland
Iceland: Gross savings (current US$), per unit of GDP was 0.2298 current US$ per US$ of GDP in 2025. ▬ Flat
Gross savings (current US$), per unit of GDP in Iceland, 1976–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross savings (current us$), per unit of gdp in Iceland is 0.2298 current US$ per US$ of GDP, measured in 2025.
That represents a change of down 0.1% on the previous year and down 9.8% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Iceland peaked at 0.2974 current US$ per US$ of GDP in 2016 and was at its lowest, 0.0516 current US$ per US$ of GDP, in 2008.
That places Iceland 84th out of 178 countries with data for 2025, putting it in the middle of the range.
Gross savings (current US$), per unit of GDP in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.2792 current US$ per US$ of GDP | — |
| 1977 | 0.284 current US$ per US$ of GDP | +1.7% |
| 1979 | 0.2507 current US$ per US$ of GDP | -11.7% |
| 1980 | 0.2571 current US$ per US$ of GDP | +2.5% |
| 1981 | 0.2328 current US$ per US$ of GDP | -9.5% |
| 1982 | 0.2072 current US$ per US$ of GDP | -11.0% |
| 1983 | 0.1987 current US$ per US$ of GDP | -4.1% |
| 1984 | 0.1928 current US$ per US$ of GDP | -3.0% |
| 1985 | 0.177 current US$ per US$ of GDP | -8.2% |
| 1986 | 0.1975 current US$ per US$ of GDP | +11.6% |
| 1987 | 0.1813 current US$ per US$ of GDP | -8.2% |
| 1988 | 0.1797 current US$ per US$ of GDP | -0.9% |
| 1989 | 0.1789 current US$ per US$ of GDP | -0.5% |
| 1990 | 0.1758 current US$ per US$ of GDP | -1.7% |
| 1991 | 0.1676 current US$ per US$ of GDP | -4.7% |
| 1992 | 0.1644 current US$ per US$ of GDP | -1.9% |
| 1993 | 0.1831 current US$ per US$ of GDP | +11.4% |
| 1994 | 0.1863 current US$ per US$ of GDP | +1.7% |
| 1995 | 0.1783 current US$ per US$ of GDP | -4.3% |
| 1996 | 0.1775 current US$ per US$ of GDP | -0.5% |
| 1997 | 0.1912 current US$ per US$ of GDP | +7.7% |
| 1998 | 0.1843 current US$ per US$ of GDP | -3.6% |
| 1999 | 0.1632 current US$ per US$ of GDP | -11.5% |
| 2000 | 0.1464 current US$ per US$ of GDP | -10.3% |
| 2001 | 0.1854 current US$ per US$ of GDP | +26.7% |
| 2002 | 0.208 current US$ per US$ of GDP | +12.2% |
| 2003 | 0.1637 current US$ per US$ of GDP | -21.3% |
| 2004 | 0.1472 current US$ per US$ of GDP | -10.1% |
| 2005 | 0.1359 current US$ per US$ of GDP | -7.7% |
| 2006 | 0.1333 current US$ per US$ of GDP | -1.9% |
| 2007 | 0.1592 current US$ per US$ of GDP | +19.5% |
| 2008 | 0.0516 current US$ per US$ of GDP | -67.6% |
| 2009 | 0.0601 current US$ per US$ of GDP | +16.5% |
| 2010 | 0.0798 current US$ per US$ of GDP | +32.9% |
| 2011 | 0.1081 current US$ per US$ of GDP | +35.4% |
| 2012 | 0.1298 current US$ per US$ of GDP | +20.0% |
| 2013 | 0.2182 current US$ per US$ of GDP | +68.2% |
| 2014 | 0.2207 current US$ per US$ of GDP | +1.1% |
| 2015 | 0.2549 current US$ per US$ of GDP | +15.5% |
| 2016 | 0.2974 current US$ per US$ of GDP | +16.7% |
| 2017 | 0.2647 current US$ per US$ of GDP | -11.0% |
| 2018 | 0.2664 current US$ per US$ of GDP | +0.6% |
| 2019 | 0.2758 current US$ per US$ of GDP | +3.5% |
| 2020 | 0.2291 current US$ per US$ of GDP | -16.9% |
| 2021 | 0.2024 current US$ per US$ of GDP | -11.6% |
| 2022 | 0.2252 current US$ per US$ of GDP | +11.3% |
| 2023 | 0.242 current US$ per US$ of GDP | +7.4% |
| 2024 | 0.23 current US$ per US$ of GDP | -5.0% |
| 2025 | 0.2298 current US$ per US$ of GDP | -0.1% |
Iceland compared with similar countries
- Iceland's 0.2298 current US$ per US$ of GDP is below the median for high income countries, which is 0.237 current US$ per US$ of GDP, 97% of the median. (63 countries reporting)
- Iceland's 0.2298 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.2345 current US$ per US$ of GDP, 98% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2713 current US$ per US$ of GDP | 0.2507 current US$ per US$ of GDP | 0.284 current US$ per US$ of GDP | 3 |
| 1980s | 0.2003 current US$ per US$ of GDP | 0.177 current US$ per US$ of GDP | 0.2571 current US$ per US$ of GDP | 10 |
| 1990s | 0.1772 current US$ per US$ of GDP | 0.1632 current US$ per US$ of GDP | 0.1912 current US$ per US$ of GDP | 10 |
| 2000s | 0.1391 current US$ per US$ of GDP | 0.0516 current US$ per US$ of GDP | 0.208 current US$ per US$ of GDP | 10 |
| 2010s | 0.2116 current US$ per US$ of GDP | 0.0798 current US$ per US$ of GDP | 0.2974 current US$ per US$ of GDP | 10 |
| 2020s | 0.2264 current US$ per US$ of GDP | 0.2024 current US$ per US$ of GDP | 0.242 current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 81 Dominican Republic 0.2328 current US$ per US$ of GDP compare
- 82 Finland 0.2316 current US$ per US$ of GDP compare
- 83 Lithuania 0.2314 current US$ per US$ of GDP compare
- 85 Senegal 0.2294 current US$ per US$ of GDP compare
- 86 Bhutan 0.2294 current US$ per US$ of GDP compare
- 87 Chile 0.2281 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)
- 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Iceland?
- Gross savings (current us$), per unit of gdp in Iceland was 0.2298 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.2974 current US$ per US$ of GDP in 2016.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.0516 current US$ per US$ of GDP in 2008.
- How does Iceland rank for gross savings (current us$), per unit of gdp?
- Iceland ranks 84th out of 178 countries with data for 2025.
- Is gross savings (current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 9.8%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.