Iceland - Gross savings
Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Iceland was 25.48 as of 2019. Its highest value over the past 43 years was 30.44 in 1977, while its lowest value was 3.06 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 | 30.08 |
| 1977 | 30.44 |
| 1978 | 28.84 |
| 1979 | 27.24 |
| 1980 | 27.90 |
| 1981 | 25.63 |
| 1982 | 23.18 |
| 1983 | 22.48 |
| 1984 | 22.00 |
| 1985 | 20.27 |
| 1986 | 22.22 |
| 1987 | 20.39 |
| 1988 | 20.26 |
| 1989 | 20.36 |
| 1990 | 20.03 |
| 1991 | 19.07 |
| 1992 | 18.69 |
| 1993 | 20.59 |
| 1994 | 21.04 |
| 1995 | 20.12 |
| 1996 | 20.23 |
| 1997 | 20.79 |
| 1998 | 19.83 |
| 1999 | 17.33 |
| 2000 | 14.95 |
| 2001 | 19.40 |
| 2002 | 21.75 |
| 2003 | 17.57 |
| 2004 | 16.37 |
| 2005 | 13.60 |
| 2006 | 13.01 |
| 2007 | 16.07 |
| 2008 | 3.06 |
| 2009 | 4.29 |
| 2010 | 5.35 |
| 2011 | 8.46 |
| 2012 | 9.99 |
| 2013 | 18.54 |
| 2014 | 18.70 |
| 2015 | 21.15 |
| 2016 | 24.06 |
| 2017 | 23.79 |
| 2018 | 21.70 |
| 2019 | 25.48 |
Gross savings (current US$)
The latest value for Gross savings (current US$) in Iceland was $3,698,993,000 as of 2020. Over the past 44 years, the value for this indicator has fluctuated between $5,975,539,000 in 2019 and $281,664,100 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 | $501,404,100 |
| 1977 | $673,900,500 |
| 1978 | $723,835,900 |
| 1979 | $776,361,100 |
| 1980 | $941,236,700 |
| 1981 | $887,557,000 |
| 1982 | $733,156,900 |
| 1983 | $608,673,700 |
| 1984 | $613,186,000 |
| 1985 | $592,492,400 |
| 1986 | $873,729,000 |
| 1987 | $1,122,005,000 |
| 1988 | $1,230,428,000 |
| 1989 | $1,136,522,000 |
| 1990 | $1,277,650,000 |
| 1991 | $1,309,054,000 |
| 1992 | $1,320,212,000 |
| 1993 | $1,274,289,000 |
| 1994 | $1,328,107,000 |
| 1995 | $1,420,732,000 |
| 1996 | $1,500,684,000 |
| 1997 | $1,560,758,000 |
| 1998 | $1,643,623,000 |
| 1999 | $1,515,813,000 |
| 2000 | $1,277,430,000 |
| 2001 | $1,519,433,000 |
| 2002 | $2,014,729,000 |
| 2003 | $1,978,737,000 |
| 2004 | $2,162,120,000 |
| 2005 | $2,052,021,000 |
| 2006 | $1,904,668,000 |
| 2007 | $3,065,706,000 |
| 2008 | $281,664,100 |
| 2009 | $400,911,400 |
| 2010 | $539,343,800 |
| 2011 | $1,049,924,000 |
| 2012 | $1,256,963,000 |
| 2013 | $2,779,884,000 |
| 2014 | $3,120,368,000 |
| 2015 | $3,441,314,000 |
| 2016 | $4,693,730,000 |
| 2017 | $5,536,482,000 |
| 2018 | $5,160,161,000 |
| 2019 | $5,975,539,000 |
| 2020 | $3,698,993,000 |
Gross savings (current LCU)
The value for Gross savings (current LCU) in Iceland was 500,924,000,000 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 732,642,000,000 in 2019 and a minimum value of 913,407,900 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 | 913,407,900 |
| 1977 | 1,340,186,000 |
| 1978 | 1,962,392,000 |
| 1979 | 2,737,449,000 |
| 1980 | 4,515,677,000 |
| 1981 | 6,411,890,000 |
| 1982 | 9,055,587,000 |
| 1983 | 15,121,160,000 |
| 1984 | 19,434,130,000 |
| 1985 | 24,592,990,000 |
| 1986 | 35,913,930,000 |
| 1987 | 43,396,000,000 |
| 1988 | 52,925,640,000 |
| 1989 | 64,829,240,000 |
| 1990 | 74,466,320,000 |
| 1991 | 77,229,330,000 |
| 1992 | 75,972,770,000 |
| 1993 | 86,146,040,000 |
| 1994 | 92,893,640,000 |
| 1995 | 91,909,580,000 |
| 1996 | 99,795,460,000 |
| 1997 | 110,664,000,000 |
| 1998 | 116,629,000,000 |
| 1999 | 109,647,000,000 |
| 2000 | 100,426,000,000 |
| 2001 | 148,030,000,000 |
| 2002 | 184,673,000,000 |
| 2003 | 151,787,000,000 |
| 2004 | 151,763,000,000 |
| 2005 | 129,240,000,000 |
| 2006 | 133,670,000,000 |
| 2007 | 196,374,000,000 |
| 2008 | 24,771,760,000 |
| 2009 | 49,568,050,000 |
| 2010 | 65,930,360,000 |
| 2011 | 121,743,000,000 |
| 2012 | 157,224,000,000 |
| 2013 | 339,644,000,000 |
| 2014 | 364,357,000,000 |
| 2015 | 453,974,000,000 |
| 2016 | 567,057,000,000 |
| 2017 | 591,515,000,000 |
| 2018 | 558,846,000,000 |
| 2019 | 732,642,000,000 |
| 2020 | 500,924,000,000 |
Gross savings (% of GNI)
Gross savings (% of GNI) in Iceland was 17.55 as of 2020. Its highest value over the past 44 years was 30.57 in 1977, while its lowest value was 2.00 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 | 30.21 |
| 1977 | 30.57 |
| 1978 | 28.98 |
| 1979 | 27.38 |
| 1980 | 28.04 |
| 1981 | 25.77 |
| 1982 | 23.33 |
| 1983 | 22.63 |
| 1984 | 22.15 |
| 1985 | 20.42 |
| 1986 | 22.37 |
| 1987 | 20.55 |
| 1988 | 20.42 |
| 1989 | 20.51 |
| 1990 | 20.19 |
| 1991 | 19.22 |
| 1992 | 18.84 |
| 1993 | 20.75 |
| 1994 | 21.19 |
| 1995 | 20.27 |
| 1996 | 20.39 |
| 1997 | 20.94 |
| 1998 | 19.72 |
| 1999 | 17.21 |
| 2000 | 14.70 |
| 2001 | 19.09 |
| 2002 | 21.59 |
| 2003 | 17.45 |
| 2004 | 16.21 |
| 2005 | 12.81 |
| 2006 | 11.91 |
| 2007 | 15.13 |
| 2008 | 2.00 |
| 2009 | 3.80 |
| 2010 | 4.85 |
| 2011 | 8.17 |
| 2012 | 9.76 |
| 2013 | 18.18 |
| 2014 | 18.47 |
| 2015 | 20.80 |
| 2016 | 23.67 |
| 2017 | 23.10 |
| 2018 | 20.70 |
| 2019 | 24.26 |
| 2020 | 17.55 |
Gross savings (% of GDP)
Gross savings (% of GDP) in Iceland was 17.03 as of 2020. Its highest value over the past 44 years was 30.51 in 1977, while its lowest value was 1.56 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 | 30.03 |
| 1977 | 30.51 |
| 1978 | 28.82 |
| 1979 | 27.21 |
| 1980 | 27.84 |
| 1981 | 25.41 |
| 1982 | 22.86 |
| 1983 | 22.01 |
| 1984 | 21.41 |
| 1985 | 19.86 |
| 1986 | 21.90 |
| 1987 | 20.33 |
| 1988 | 20.15 |
| 1989 | 20.04 |
| 1990 | 19.75 |
| 1991 | 18.95 |
| 1992 | 18.64 |
| 1993 | 20.49 |
| 1994 | 20.79 |
| 1995 | 19.94 |
| 1996 | 20.21 |
| 1997 | 20.62 |
| 1998 | 19.33 |
| 1999 | 16.88 |
| 2000 | 14.15 |
| 2001 | 18.45 |
| 2002 | 21.62 |
| 2003 | 17.31 |
| 2004 | 15.64 |
| 2005 | 12.18 |
| 2006 | 10.91 |
| 2007 | 14.16 |
| 2008 | 1.56 |
| 2009 | 3.05 |
| 2010 | 3.92 |
| 2011 | 6.90 |
| 2012 | 8.52 |
| 2013 | 17.24 |
| 2014 | 17.46 |
| 2015 | 19.65 |
| 2016 | 22.57 |
| 2017 | 22.39 |
| 2018 | 19.64 |
| 2019 | 24.04 |
| 2020 | 17.03 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
