Denmark vs Iceland: Gross savings
Gross savings over time
- Denmark
- Iceland
How they compare
Iceland currently reports 1.14 trillion current LCU against 1.04 trillion current LCU in Denmark, a difference of 102.81 billion current LCU.
That makes Iceland's figure about 1.1 times Denmark's.
The two have swapped places 3 times across 48 shared years of data; in 1976 it was Denmark ahead.
Globally, Denmark ranks 62nd and Iceland ranks 61st of 177 countries.
Individual pages
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.