Iceland - Gross domestic savings (current LCU)
The value for Gross domestic savings (current LCU) in Iceland was 613,156,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 784,107,000,000 in 2019 and a minimum value of 132,888,000 in 1970.
Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1970 | 132,888,000 |
| 1971 | 168,557,000 |
| 1972 | 209,671,000 |
| 1973 | 331,141,000 |
| 1974 | 422,983,000 |
| 1975 | 614,824,000 |
| 1976 | 932,725,000 |
| 1977 | 1,348,384,000 |
| 1978 | 2,000,195,000 |
| 1979 | 2,801,864,000 |
| 1980 | 4,641,081,000 |
| 1981 | 6,789,847,000 |
| 1982 | 9,882,623,000 |
| 1983 | 17,050,550,000 |
| 1984 | 22,479,440,000 |
| 1985 | 28,017,150,000 |
| 1986 | 39,247,580,000 |
| 1987 | 45,619,490,000 |
| 1988 | 56,833,060,000 |
| 1989 | 73,541,270,000 |
| 1990 | 82,826,500,000 |
| 1991 | 83,615,090,000 |
| 1992 | 80,498,020,000 |
| 1993 | 91,478,490,000 |
| 1994 | 101,985,000,000 |
| 1995 | 99,731,940,000 |
| 1996 | 104,946,000,000 |
| 1997 | 119,352,000,000 |
| 1998 | 129,834,000,000 |
| 1999 | 123,797,000,000 |
| 2000 | 128,094,000,000 |
| 2001 | 176,882,000,000 |
| 2002 | 182,861,000,000 |
| 2003 | 160,767,000,000 |
| 2004 | 186,640,000,000 |
| 2005 | 181,896,000,000 |
| 2006 | 237,142,000,000 |
| 2007 | 285,492,000,000 |
| 2008 | 380,463,000,000 |
| 2009 | 380,054,000,000 |
| 2010 | 399,317,000,000 |
| 2011 | 410,639,000,000 |
| 2012 | 401,922,000,000 |
| 2013 | 456,594,000,000 |
| 2014 | 492,303,000,000 |
| 2015 | 621,361,000,000 |
| 2016 | 696,315,000,000 |
| 2017 | 692,906,000,000 |
| 2018 | 728,145,000,000 |
| 2019 | 784,107,000,000 |
| 2020 | 613,156,000,000 |
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
