Iceland - Gross savings

Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Iceland was 2.00 as of 2010. Its highest value over the past 34 years was 28.27 in 1977, while its lowest value was 0.19 in 2008.

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Source: World Bank national accounts data files.

See also:

Year Value
1976 27.83
1977 28.27
1978 26.49
1979 24.86
1980 25.60
1981 23.26
1982 20.73
1983 20.01
1984 19.50
1985 17.72
1986 19.74
1987 17.85
1988 17.72
1989 17.82
1990 17.48
1991 16.48
1992 16.09
1993 18.06
1994 18.51
1995 17.58
1996 17.57
1997 18.31
1998 17.76
1999 15.34
2000 13.45
2001 17.51
2002 19.78
2003 15.25
2004 14.27
2005 12.61
2006 12.05
2007 13.80
2008 0.19
2009 2.91
2010 2.00

Gross savings (current US$)

The latest value for Gross savings (current US$) in Iceland was $199,631,100 as of 2010. Over the past 34 years, the value for this indicator has fluctuated between $2,680,142,000 in 2007 and $24,670,570 in 2008.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1976 $449,656,000
1977 $606,644,000
1978 $644,070,200
1979 $686,174,100
1980 $836,382,500
1981 $779,499,800
1982 $634,062,100
1983 $523,730,800
1984 $525,648,600
1985 $500,447,400
1986 $750,286,000
1987 $948,781,600
1988 $1,039,292,000
1989 $960,895,400
1990 $1,076,782,000
1991 $1,092,527,000
1992 $1,097,232,000
1993 $1,079,560,000
1994 $1,129,604,000
1995 $1,199,355,000
1996 $1,258,376,000
1997 $1,328,136,000
1998 $1,440,658,000
1999 $1,314,733,000
2000 $1,137,707,000
2001 $1,343,584,000
2002 $1,759,154,000
2003 $1,646,200,000
2004 $1,813,989,000
2005 $1,980,354,000
2006 $1,889,843,000
2007 $2,680,142,000
2008 $24,670,570
2009 $283,957,400
2010 $199,631,100

Gross savings (current LCU)

The value for Gross savings (current LCU) in Iceland was 24,403,270,000 as of 2010. As the graph below shows, over the past 34 years this indicator reached a maximum value of 171,677,000,000 in 2007 and a minimum value of 819,138,200 in 1976.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1976 819,138,200
1977 1,206,433,000
1978 1,746,139,000
1979 2,419,450,000
1980 4,012,629,000
1981 5,631,263,000
1982 7,831,619,000
1983 13,010,940,000
1984 16,659,750,000
1985 20,772,420,000
1986 30,839,900,000
1987 36,696,220,000
1988 44,704,100,000
1989 54,811,200,000
1990 62,758,950,000
1991 64,455,060,000
1992 63,141,200,000
1993 72,981,690,000
1994 79,009,500,000
1995 77,588,290,000
1996 83,681,980,000
1997 94,170,570,000
1998 102,227,000,000
1999 95,101,600,000
2000 89,441,950,000
2001 130,898,000,000
2002 161,247,000,000
2003 126,278,000,000
2004 127,327,000,000
2005 124,726,000,000
2006 132,629,000,000
2007 171,677,000,000
2008 2,169,725,000
2009 35,107,930,000
2010 24,403,270,000

Gross savings (% of GNI)

Gross savings (% of GNI) in Iceland was 2.00 as of 2010. Its highest value over the past 34 years was 28.27 in 1977, while its lowest value was 0.19 in 2008.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1976 27.83
1977 28.27
1978 26.49
1979 24.86
1980 25.60
1981 23.26
1982 20.73
1983 20.01
1984 19.50
1985 17.72
1986 19.74
1987 17.85
1988 17.72
1989 17.82
1990 17.48
1991 16.48
1992 16.09
1993 18.06
1994 18.51
1995 17.58
1996 17.57
1997 18.31
1998 17.76
1999 15.34
2000 13.45
2001 17.51
2002 19.78
2003 15.25
2004 14.27
2005 12.61
2006 12.05
2007 13.80
2008 0.19
2009 2.91
2010 2.00

Gross savings (% of GDP)

Gross savings (% of GDP) in Iceland was 1.59 as of 2010. Its highest value over the past 34 years was 27.88 in 1977, while its lowest value was 0.15 in 2008.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1976 27.34
1977 27.88
1978 26.03
1979 24.41
1980 25.11
1981 22.65
1982 20.07
1983 19.22
1984 18.63
1985 17.02
1986 19.09
1987 17.45
1988 17.27
1989 17.19
1990 16.90
1991 16.05
1992 15.73
1993 17.62
1994 17.95
1995 17.09
1996 17.17
1997 17.89
1998 17.37
1999 15.04
2000 13.08
2001 16.96
2002 19.75
2003 15.01
2004 13.69
2005 12.16
2006 11.35
2007 13.12
2008 0.15
2009 2.34
2010 1.59

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts