Iceland - Gross domestic savings
Gross domestic savings (current US$)
The latest value for Gross domestic savings (current US$) in Iceland was $4,527,752,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $6,723,392,000 in 2018 and $151,009,100 in 1970.
Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | $151,009,100 |
| 1971 | $191,542,000 |
| 1972 | $237,560,600 |
| 1973 | $367,403,700 |
| 1974 | $423,194,600 |
| 1975 | $400,015,600 |
| 1976 | $512,008,000 |
| 1977 | $678,022,800 |
| 1978 | $737,779,800 |
| 1979 | $794,629,600 |
| 1980 | $967,375,600 |
| 1981 | $939,875,300 |
| 1982 | $800,115,200 |
| 1983 | $686,337,500 |
| 1984 | $709,271,400 |
| 1985 | $674,986,800 |
| 1986 | $954,831,400 |
| 1987 | $1,179,493,000 |
| 1988 | $1,321,269,000 |
| 1989 | $1,289,252,000 |
| 1990 | $1,421,090,000 |
| 1991 | $1,417,294,000 |
| 1992 | $1,398,849,000 |
| 1993 | $1,353,168,000 |
| 1994 | $1,458,087,000 |
| 1995 | $1,541,650,000 |
| 1996 | $1,578,132,000 |
| 1997 | $1,683,282,000 |
| 1998 | $1,829,719,000 |
| 1999 | $1,711,439,000 |
| 2000 | $1,629,368,000 |
| 2001 | $1,815,581,000 |
| 2002 | $1,994,955,000 |
| 2003 | $2,095,801,000 |
| 2004 | $2,659,005,000 |
| 2005 | $2,888,082,000 |
| 2006 | $3,379,047,000 |
| 2007 | $4,456,986,000 |
| 2008 | $4,326,004,000 |
| 2009 | $3,073,917,000 |
| 2010 | $3,266,616,000 |
| 2011 | $3,541,392,000 |
| 2012 | $3,213,246,000 |
| 2013 | $3,737,083,000 |
| 2014 | $4,216,100,000 |
| 2015 | $4,710,179,000 |
| 2016 | $5,763,645,000 |
| 2017 | $6,485,480,000 |
| 2018 | $6,723,392,000 |
| 2019 | $6,395,302,000 |
| 2020 | $4,527,752,000 |
Gross domestic savings (current LCU)
The value for Gross domestic savings (current LCU) in Iceland was 613,156,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 784,107,000,000 in 2019 and a minimum value of 132,888,000 in 1970.
Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1970 | 132,888,000 |
| 1971 | 168,557,000 |
| 1972 | 209,671,000 |
| 1973 | 331,141,000 |
| 1974 | 422,983,000 |
| 1975 | 614,824,000 |
| 1976 | 932,725,000 |
| 1977 | 1,348,384,000 |
| 1978 | 2,000,195,000 |
| 1979 | 2,801,864,000 |
| 1980 | 4,641,081,000 |
| 1981 | 6,789,847,000 |
| 1982 | 9,882,623,000 |
| 1983 | 17,050,550,000 |
| 1984 | 22,479,440,000 |
| 1985 | 28,017,150,000 |
| 1986 | 39,247,580,000 |
| 1987 | 45,619,490,000 |
| 1988 | 56,833,060,000 |
| 1989 | 73,541,270,000 |
| 1990 | 82,826,500,000 |
| 1991 | 83,615,090,000 |
| 1992 | 80,498,020,000 |
| 1993 | 91,478,490,000 |
| 1994 | 101,985,000,000 |
| 1995 | 99,731,940,000 |
| 1996 | 104,946,000,000 |
| 1997 | 119,352,000,000 |
| 1998 | 129,834,000,000 |
| 1999 | 123,797,000,000 |
| 2000 | 128,094,000,000 |
| 2001 | 176,882,000,000 |
| 2002 | 182,861,000,000 |
| 2003 | 160,767,000,000 |
| 2004 | 186,640,000,000 |
| 2005 | 181,896,000,000 |
| 2006 | 237,142,000,000 |
| 2007 | 285,492,000,000 |
| 2008 | 380,463,000,000 |
| 2009 | 380,054,000,000 |
| 2010 | 399,317,000,000 |
| 2011 | 410,639,000,000 |
| 2012 | 401,922,000,000 |
| 2013 | 456,594,000,000 |
| 2014 | 492,303,000,000 |
| 2015 | 621,361,000,000 |
| 2016 | 696,315,000,000 |
| 2017 | 692,906,000,000 |
| 2018 | 728,145,000,000 |
| 2019 | 784,107,000,000 |
| 2020 | 613,156,000,000 |
Gross domestic savings (% of GDP)
Gross domestic savings (% of GDP) in Iceland was 20.85 as of 2020. Its highest value over the past 50 years was 31.83 in 1973, while its lowest value was 17.14 in 2005.
Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | 28.67 |
| 1971 | 28.58 |
| 1972 | 28.29 |
| 1973 | 31.83 |
| 1974 | 27.93 |
| 1975 | 28.43 |
| 1976 | 30.67 |
| 1977 | 30.70 |
| 1978 | 29.37 |
| 1979 | 27.85 |
| 1980 | 28.61 |
| 1981 | 26.91 |
| 1982 | 24.95 |
| 1983 | 24.81 |
| 1984 | 24.76 |
| 1985 | 22.62 |
| 1986 | 23.93 |
| 1987 | 21.37 |
| 1988 | 21.64 |
| 1989 | 22.73 |
| 1990 | 21.97 |
| 1991 | 20.51 |
| 1992 | 19.76 |
| 1993 | 21.76 |
| 1994 | 22.82 |
| 1995 | 21.64 |
| 1996 | 21.25 |
| 1997 | 22.24 |
| 1998 | 21.52 |
| 1999 | 19.05 |
| 2000 | 18.05 |
| 2001 | 22.05 |
| 2002 | 21.41 |
| 2003 | 18.34 |
| 2004 | 19.23 |
| 2005 | 17.14 |
| 2006 | 19.35 |
| 2007 | 20.58 |
| 2008 | 23.93 |
| 2009 | 23.37 |
| 2010 | 23.76 |
| 2011 | 23.27 |
| 2012 | 21.78 |
| 2013 | 23.18 |
| 2014 | 23.60 |
| 2015 | 26.89 |
| 2016 | 27.72 |
| 2017 | 26.23 |
| 2018 | 25.60 |
| 2019 | 25.73 |
| 2020 | 20.85 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
