Iceland: Savings, percent of GDP

(measure: percent; source: The World Bank)
* indicates monthly or quarterly data series

Iceland: Savings as percent of GDP

: For that indicator, The World Bank provides data for Iceland from 1976 to 2016. The average value for Iceland during that period was 19.14 percent with a minumum of 3.24 percent in 2008 and a maximum of 30.66 percent in 1977. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The savings in Iceland and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.

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