Iceland - 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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts