Gross domestic savings in Iceland
Iceland: Gross domestic savings was 9.38 billion current US$ in 2025. ◆ Volatile
Gross domestic savings in Iceland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross domestic savings in Iceland is 9.38 billion current US$, measured in 2025. That is the highest value across all 56 years on record.
The figure is up 13.2% on the previous year and up 96.5% over ten years.
Over the whole period, gross domestic savings in Iceland peaked at 9.38 billion current US$ in 2025 and was at its lowest, 152.66 million current US$, in 1970.
That places Iceland 97th out of 187 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 454.54 million current US$ | 152.66 million current US$ | 802.53 million current US$ | 10 |
| 1980s | 956.16 million current US$ | 676.29 million current US$ | 1.32 billion current US$ | 10 |
| 1990s | 1.54 billion current US$ | 1.35 billion current US$ | 1.83 billion current US$ | 10 |
| 2000s | 2.86 billion current US$ | 1.63 billion current US$ | 4.56 billion current US$ | 10 |
| 2010s | 4.89 billion current US$ | 3.26 billion current US$ | 6.99 billion current US$ | 10 |
| 2020s | 7.22 billion current US$ | 4.55 billion current US$ | 9.38 billion current US$ | 6 |
Countries ranked near Iceland
More economy & growth data for Iceland
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
- Taxes less subsidies on products 3.88 billion current US$ (2025)
- Net primary income (Net income from abroad) -40.83 billion current LCU (2024)
- Net primary income (Net income from abroad) -295.94 million current US$ (2024)
- GNI per capita 12.60 million current LCU (2025)
- GNI per capita, Atlas method 89,220 current US$ (2025)
- GNI 4.94 trillion current LCU (2025)
Frequently asked questions
- What is gross domestic savings in Iceland?
- Gross domestic savings in Iceland was 9.38 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Iceland?
- The highest recorded value was 9.38 billion current US$ in 2025.
- What is the lowest gross domestic savings recorded in Iceland?
- The lowest recorded value was 152.66 million current US$ in 1970.
- How does Iceland rank for gross domestic savings?
- Iceland ranks 97th out of 187 countries with data for 2025.
- Is gross domestic savings rising or falling in Iceland?
- Over the last ten years it is up 96.5%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.