Gross savings in Iceland
Iceland: Gross savings was 8.87 billion current US$ in 2025. ◆ Volatile
Gross savings in Iceland, 1976–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Iceland is 8.87 billion current US$, measured in 2025. That is the highest value across all 49 years on record.
That represents a change of up 16.2% on the previous year and up 96.5% over ten years.
Over the whole period, gross savings in Iceland peaked at 8.87 billion current US$ in 2025 and was at its lowest, 482.49 million current US$, in 1976.
Iceland ranks 95th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 624.00 million current US$ | 482.49 million current US$ | 740.43 million current US$ | 3 |
| 1980s | 815.37 million current US$ | 546.69 million current US$ | 1.14 billion current US$ | 10 |
| 1990s | 1.32 billion current US$ | 1.18 billion current US$ | 1.59 billion current US$ | 10 |
| 2000s | 1.87 billion current US$ | 793.81 million current US$ | 3.50 billion current US$ | 10 |
| 2010s | 4.37 billion current US$ | 1.11 billion current US$ | 7.11 billion current US$ | 10 |
| 2020s | 6.85 billion current US$ | 5.05 billion current US$ | 8.87 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 savings in Iceland?
- Gross savings in Iceland was 8.87 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Iceland?
- The highest recorded value was 8.87 billion current US$ in 2025.
- What is the lowest gross savings recorded in Iceland?
- The lowest recorded value was 482.49 million current US$ in 1976.
- How does Iceland rank for gross savings?
- Iceland ranks 95th out of 177 countries with data for 2025.
- Is gross 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 Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.