Iceland - Gross Savings 2016
28.36%
+2.87% from 2015
Iceland's gross savings was 28.36% in 2016, increased +2.87% from 24.31% in 2015. This was the 36th highest globally.
Global Ranking - 2016▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Brunei Darussalam | 56.41% | -1.2% |
| 2nd | Macao SAR, China | 48.02% | -0.7% |
| 3rd | Singapore | 45.04% | 2.3% |
| 4th | China | 43.87% | -3.0% |
| 5th | Qatar | 43.36% | -4.8% |
| 6th | Algeria | 39.77% | 2.7% |
| 7th | Bermuda | 39.32% | -1.6% |
| 8th | Kiribati | 38.54% | -41.5% |
| 9th | Iran, Islamic Republic of | 37.76% | 13.6% |
| 10th | Zambia | 37.36% | -6.9% |
| 11th | Bangladesh | 37.28% | 23.1% |
| 12th | Korea | 36.29% | 1.0% |
| 13th | Nepal | 35.31% | -1.0% |
| 14th | Philippines | 35.05% | 47.8% |
| 15th | Ireland | 34.75% | 7.8% |
| 16th | Sri Lanka | 34.47% | 7.5% |
| 17th | Samoa | 34.11% | 10.4% |
| 18th | Switzerland | 33.92% | -1.1% |
| 19th | Norway | 32.95% | -8.2% |
| 20th | Bhutan | 32.50% | 5.0% |
| 21st | Tajikistan | 32.31% | 166.9% |
| 22nd | Panama | 32.25% | -4.7% |
| 23rd | India | 31.73% | 2.1% |
| 24th | Gabon | 30.68% | -17.4% |
| 25th | North Macedonia | 30.27% | 5.7% |
| 26th | Botswana | 30.13% | -5.2% |
| 27th | Thailand | 30.08% | 2.8% |
| 28th | Indonesia | 29.92% | -6.6% |
| 29th | Tanzania | 29.85% | 17.3% |
| 30th | Myanmar | 29.51% | -8.9% |
| 31st | Denmark | 28.77% | 0.9% |
| 32nd | Japan | 28.73% | 1.7% |
| 33rd | Germany | 28.65% | 3.8% |
| 34th | Viet Nam | 28.47% | -8.9% |
| 35th | Malaysia | 28.39% | -0.1% |
| 36th | Iceland | 28.36% | 11.3% |
| 37th | Afghanistan | 28.31% | 27.7% |
| 38th | Morocco | 28.27% | 0.8% |
| 39th | Cabo Verde | 28.05% | -3.6% |
| 40th | Mauritania | 27.98% | 14.7% |
| 41st | Suriname | 27.75% | -19.4% |
| 42nd | United Arab Emirates | 27.65% | -5.6% |
| 43rd | Vanuatu | 27.46% | 2.8% |
| 44th | Türkiye | 27.35% | -1.6% |
| 45th | Austria | 27.14% | 6.1% |
| 46th | Trinidad and Tobago | 27.11% | -17.4% |
| 47th | Angola | 27.08% | 1.0% |
| 48th | Netherlands | 26.95% | -0.1% |
| 49th | Belarus | 26.40% | 2.4% |
| 50th | Israel | 26.29% | -1.3% |
| 51st | Hungary | 26.25% | 0.9% |
| 52nd | Estonia | 26.00% | -0.4% |
| 53rd | Sweden | 25.74% | -2.9% |
| 54th | Kosovo | 25.54% | 17.9% |
| 55th | Hong Kong SAR, China | 25.46% | 2.4% |
| 56th | Kuwait | 25.45% | -12.0% |
| 57th | Eswatini | 25.43% | -11.0% |
| 58th | Russian Federation | 25.01% | -7.8% |
| 59th | Congo, Republic of | 24.87% | -38.5% |
| 60th | Czechia | 24.76% | -9.7% |
| 61st | Saudi Arabia | 24.57% | -1.1% |
| 62nd | Chad | 24.46% | -24.1% |
| 63rd | São Tomé and Principe | 24.45% | 8.6% |
| 64th | Iraq | 24.44% | 18.5% |
| 65th | Paraguay | 24.38% | 12.5% |
| 66th | Uzbekistan | 24.38% | -5.3% |
| 67th | Uganda | 24.19% | 27.3% |
| 68th | Slovenia | 24.16% | 2.5% |
| 69th | European Union | 23.98% | 2.1% |
| 70th | Kazakhstan | 23.90% | 6.2% |
| 71st | Bahrain | 23.88% | -11.7% |
| 72nd | Marshall Islands | 23.87% | -12.9% |
| 73rd | Bulgaria | 23.68% | 12.7% |
| 74th | Belgium | 23.66% | -4.2% |
| 75th | Latvia | 23.53% | -2.1% |
| 76th | French Polynesia | 23.29% | -3.4% |
| 77th | Slovak Republic | 22.84% | -3.6% |
| 78th | Bahamas, The | 22.83% | 117.9% |
| 79th | Cambodia | 22.80% | 0.8% |
| 80th | Azerbaijan | 22.60% | -17.8% |
| 81st | Malta | 22.51% | -13.7% |
| 82nd | Nicaragua | 22.51% | -4.6% |
| 83rd | Kyrgyz Republic | 22.46% | 21.8% |
| 84th | Côte d'Ivoire | 22.43% | 0.0% |
| 85th | Spain | 22.21% | 3.7% |
| 86th | Croatia | 22.18% | 0.7% |
| 87th | Romania | 21.58% | -13.2% |
| 88th | Congo, Democratic Republic of | 21.38% | 61.3% |
| 89th | Finland | 21.33% | 1.7% |
| 90th | Niger | 21.30% | 26.2% |
| 91st | Ecuador | 21.26% | 4.2% |
| 92nd | Dominican Republic | 21.22% | 1.8% |
| 93rd | France | 21.16% | -1.1% |
| 94th | Senegal | 21.15% | 5.2% |
| 95th | Timor-Leste | 21.14% | -69.2% |
| 96th | Mali | 21.09% | 36.7% |
| 97th | Chile | 21.09% | -7.4% |
| 98th | Jamaica | 21.06% | 16.3% |
| 99th | Djibouti | 20.94% | -17.9% |
| 100th | Belize | 20.80% | 44.5% |
| 101st | New Zealand | 20.63% | 1.7% |
| 102nd | Australia | 20.53% | -4.9% |
| 103rd | Honduras | 20.43% | -0.1% |
| 104th | Peru | 20.41% | 3.7% |
| 105th | Eritrea | 20.36% | -37.7% |
| 106th | Italy | 20.18% | 8.9% |
| 107th | Gambia, The | 19.91% | 445.6% |
| 108th | Ukraine | 19.73% | 11.8% |
| 109th | Luxembourg | 19.57% | -20.3% |
| 110th | Oman | 19.39% | -14.3% |
| 111th | Mexico | 19.38% | -8.3% |
| 112th | New Caledonia | 19.33% | -2.9% |
| 113th | Albania | 19.32% | 22.2% |
| 114th | Lithuania | 19.28% | -2.5% |
| 115th | Canada | 19.15% | -5.8% |
| 116th | Poland | 19.04% | -2.3% |
| 117th | United States | 18.67% | -4.8% |
| 118th | Ghana | 18.64% | -18.6% |
| 119th | Moldova | 18.38% | 1.5% |
| 120th | Uruguay | 18.28% | -4.5% |
| 121st | Benin | 17.95% | 21.6% |
| 122nd | St. Kitts and Nevis | 17.92% | 12.8% |
| 123rd | Armenia | 17.87% | -1.1% |
| 124th | Lao PDR | 17.64% | 64.1% |
| 125th | Colombia | 17.48% | 0.4% |
| 126th | Lesotho | 17.47% | -24.8% |
| 127th | Mongolia | 16.98% | 3.8% |
| 128th | Portugal | 16.72% | 5.0% |
| 129th | Georgia | 16.70% | 9.4% |
| 130th | Mauritius | 16.61% | -14.9% |
| 131st | Cameroon | 16.46% | 15.0% |
| 132nd | Serbia | 16.37% | 7.7% |
| 133rd | Maldives | 16.35% | -33.1% |
| 134th | Madagascar | 16.10% | 12.0% |
| 135th | Costa Rica | 15.88% | 2.8% |
| 136th | Guinea-Bissau | 15.85% | -5.7% |
| 137th | Bolivia, Plurinational State of | 15.42% | 8.5% |
| 138th | Aruba | 15.17% | -30.0% |
| 139th | Guatemala | 14.82% | 9.1% |
| 140th | Tonga | 14.72% | 61.3% |
| 141st | Argentina | 14.62% | 2.1% |
| 142nd | Jordan | 14.61% | -7.8% |
| 143rd | South Africa | 14.29% | 0.0% |
| 144th | Pakistan | 14.29% | -3.9% |
| 145th | St. Lucia | 14.12% | -20.0% |
| 146th | Kenya | 13.96% | -18.0% |
| 147th | El Salvador | 13.69% | 6.9% |
| 148th | Togo | 13.52% | -23.7% |
| 149th | Sierra Leone | 13.46% | 361.1% |
| 150th | Burkina Faso | 13.45% | 13.6% |
| 151st | Brazil | 13.42% | -3.4% |
| 152nd | United Kingdom | 13.35% | 3.7% |
| 153rd | Cyprus | 13.10% | 0.4% |
| 154th | South Sudan | 12.99% | 47.2% |
| 155th | Guyana | 12.86% | 86.2% |
| 156th | Haiti | 12.49% | 2.2% |
| 157th | Curaçao | 12.27% | 0.4% |
| 158th | Nigeria | 12.01% | 33.7% |
| 159th | Dominica | 11.78% | 24.4% |
| 160th | Tunisia | 11.66% | -7.4% |
| 161st | Antigua and Barbuda | 11.63% | 26.3% |
| 162nd | St. Vincent and the Grenadines | 11.61% | 32.7% |
| 163rd | Bosnia and Herzegovina | 11.51% | -26.4% |
| 164th | West Bank and Gaza | 11.48% | 0.8% |
| 165th | Grenada | 11.21% | 57.5% |
| 166th | Barbados | 10.99% | 14.1% |
| 167th | Rwanda | 10.54% | -9.4% |
| 168th | Solomon Islands | 9.71% | -24.4% |
| 169th | Egypt, Arab Republic of | 9.71% | -26.2% |
| 170th | Greece | 9.70% | -7.7% |
| 171st | Sudan | 9.51% | 111.8% |
| 172nd | Palau | 9.37% | 55.9% |
| 173rd | Montenegro | 8.64% | 0.2% |
| 174th | Central African Republic | 8.41% | 70.0% |
| 175th | Comoros | 8.21% | -39.2% |
| 176th | Seychelles | 7.39% | -53.0% |
| 177th | Mozambique | 6.76% | 24.5% |
| 178th | Burundi | 6.31% | 9.6% |
| 179th | Namibia | 6.04% | -64.3% |
| 180th | Equatorial Guinea | 2.92% | -76.6% |
| 181st | Lebanon | 2.06% | -59.6% |
| 182nd | Libya | 1.84% | -68.0% |
| 183rd | Guinea | -0.68% | 87.2% |
| 184th | Zimbabwe | -1.22% | -23.5% |
| 185th | Yemen, Republic of | -4.51% | -291.9% |
| 186th | Malawi | -5.83% | -58.5% |
FAQ
What was Iceland's gross savings in 2016?▾
Iceland's gross savings in 2016 was 28.36%. This ranked 36th globally.
How did Iceland's gross savings change in 2016?▾
Iceland's gross savings increased by 11.3% in 2016 compared to 2015.
Which country had the highest gross savings in 2016?▾
Brunei Darussalam had the highest gross savings in 2016 at 56.41%.
What is the gross savings of Iceland in 2016?▾
The gross savings of Iceland in 2016 was 28.36%. This ranked 36th globally.
How does 2016 compare to 2015 for Iceland's gross savings?▾
Iceland's gross savings went from 24.31% in 2015 to 28.36% in 2016, a 11.3% increase.
HistorySaid - pattern alert
Iceland matched the Export Boom Cycle pattern in 2016. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 4.7%. View full analysis →
Related
2015
2017
All years
Full ranking 2016
GDP
GDP per Capita
GDP Growth
GDP PPP
GNI
Peak: 1977
Lowest: 2008
Gross Savings 1990s
Gross Savings 2000s
Gross Savings 2010s
Gross Savings 2020s
Highest ever
Lowest ever
Average
vs Cayman Islands
vs Singapore
vs Norway
vs United States
NATO Gross Savings
OECD Gross Savings
Global Ranking