Iceland: Savings, in dollars
* indicates monthly or quarterly data series
| Iceland |
Savings, billion USD |
|---|---|
| Latest value | 8.10 |
| Year | 2024 |
| Measure | billion U.S. dollars |
| Data availability | 1976 - 2024 |
| Average | 2.37 |
| Min - Max | 0.48 - 8.30 |
| Source | The World Bank |
The latest value from 2024 is 8.1 billion U.S. dollars, a decline from 8.3 billion U.S. dollars in 2023. In comparison, the world average is 217.97 billion U.S. dollars, based on data from 130 countries. Historically, the average for Iceland from 1976 to 2024 is 2.37 billion U.S. dollars. The minimum value, 0.48 billion U.S. dollars, was reached in 1976 while the maximum of 8.3 billion U.S. dollars was recorded in 2023.
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Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 20.09 | 2024 | percent |
| Share of manufacturing | 8.58 | 2024 | percent |
| Share of services | 64.89 | 2024 | percent |
| Industry value added | 7.74 | 2025 | billion U.S. dollars |
| Manufacturing value added | 3.29 | 2025 | billion U.S. dollars |
| Services value added | 25.55 | 2025 | billion U.S. dollars |
| Savings, percent of GDP | 22.98 | 2025 | percent |
| Savings, in dollars | 8.10 | 2024 | billion U.S. dollars |