Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Iceland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
What is Iceland's gross savings?▾
Iceland's gross savings was 23.92% in 2025. Ranked 63rd globally. This represents a 1.8% decrease from the previous year.
What was the highest gross savings in Iceland?▾
Iceland's gross savings peaked at 28.40% in 1977.
What was the lowest gross savings in Iceland?▾
The lowest gross savings in Iceland was 5.01% in 2008.
How does Iceland rank in gross savings?▾
Iceland ranks 63rd globally in gross savings as of 2025.
What is the World Bank indicator code for gross savings?▾
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
What is the projected gross savings of Iceland in 2025?▾
Iceland's gross savings is projected to reach 23.92% by 2025 based on IMF projection.
What is the gross savings of Iceland in 2025?▾
The gross savings of Iceland in 2025 was 23.92%. This ranks 63rd in the world.
Cite this page
APA
Iceland Gross Savings. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/iceland/gross-savings
BibTeX
@misc{historysaid_iceland_gross-savings,
title = {Iceland Gross Savings},
url = {https://historysaid.com/iceland/gross-savings},
publisher = {HistorySaid},
year = {2026}
}