Iceland - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts