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Iceland - Gross Savings 2025

Name: Iceland Gross Savings 2025
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Gross savings as % of GDP · World Bank

23.92% −0.44% from 2024 Global rank: 63rd

Iceland's gross savings was 23.92% in 2025, decreased +0.44% from 24.36% in 2024. This was the 63rd highest globally.

Global Ranking - 2025▾

Gross Savings by Country - 2025
Rank	Country	Value	YoY
1st	Kuwait	50.54%	0.4%
2nd	Iran, Islamic Republic of	47.65%	-3.9%
3rd	Qatar	45.26%	-10.3%
4th	China	42.12%	-1.7%
5th	Bhutan	40.34%	90.9%
6th	Norway	40.08%	-1.9%
7th	Singapore	38.74%	-3.8%
8th	Nepal	37.71%	5.2%
9th	United Arab Emirates	37.21%	-1.2%
10th	Angola	36.42%	131.6%
11th	Mauritania	35.81%	4.0%
12th	Algeria	35.45%	-10.1%
13th	Gabon	35.41%	-10.1%
14th	Viet Nam	34.94%	-4.8%
15th	Tanzania	34.93%	-4.0%
16th	Korea	34.39%	-2.5%
17th	Denmark	34.27%	-3.2%
18th	Zambia	33.57%	-2.5%
19th	Aruba	33.12%	-0.7%
20th	Switzerland	32.66%	2.7%
21st	Bahrain	32.58%	-2.1%
22nd	Uzbekistan	32.34%	14.3%
23rd	Nicaragua	32.33%	15.4%
24th	Ireland	32.14%	-7.8%
25th	India	31.51%	4.1%
26th	Cambodia	31.06%	-23.4%
27th	Sweden	31.03%	0.9%
28th	Japan	30.39%	-2.2%
29th	Türkiye	30.20%	0.3%
30th	Indonesia	30.19%	-12.9%
31st	Netherlands	29.40%	2.1%
32nd	Botswana	29.27%	-12.3%
33rd	Saudi Arabia	29.12%	-2.5%
34th	Panama	29.05%	-12.7%
35th	Myanmar	29.03%	-4.1%
36th	Morocco	28.55%	-1.5%
37th	Russian Federation	28.47%	-7.0%
38th	Benin	28.29%	-0.6%
39th	Israel	28.23%	8.1%
40th	Hong Kong SAR, China	28.02%	-2.4%
41st	Bangladesh	27.83%	-19.1%
42nd	Luxembourg	27.01%	115.6%
43rd	Germany	26.69%	-1.7%
44th	Lesotho	26.57%	-17.9%
45th	Tajikistan	26.49%	-2.6%
46th	North Macedonia	26.42%	-7.1%
47th	Czechia	26.27%	-9.0%
48th	Maldives	26.09%	117.7%
49th	Côte d'Ivoire	25.96%	14.7%
50th	Equatorial Guinea	25.85%	0.9%
51st	Austria	25.75%	1.2%
52nd	Oman	25.48%	-8.1%
53rd	Slovenia	25.44%	-2.9%
54th	Bosnia and Herzegovina	24.87%	17.9%
55th	Antigua and Barbuda	24.73%	-2.0%
56th	Chad	24.73%	-12.4%
57th	Dominican Republic	24.60%	4.7%
58th	Kazakhstan	24.49%	-14.7%
59th	Spain	24.33%	-0.1%
60th	Malta	24.24%	-5.6%
61st	Estonia	24.17%	0.9%
62nd	Belarus	24.07%	2.2%
63rd	Iceland	23.92%	-1.8%
64th	Togo	23.78%	0.5%
65th	Ecuador	23.76%	-0.5%
66th	Italy	23.72%	0.3%
67th	Lithuania	23.54%	-2.3%
68th	Malaysia	23.43%	0.2%
69th	Guyana	23.40%	-22.3%
70th	Nigeria	23.30%	-1.3%
71st	Mexico	23.12%	19.9%
72nd	Congo, Republic of	23.01%	-15.5%
73rd	Senegal	22.97%	-9.7%
74th	Hungary	22.94%	-8.6%
75th	Albania	22.94%	2.0%
76th	São Tomé and Principe	22.92%	-8.8%
77th	Belgium	22.87%	-5.2%
78th	Finland	22.85%	5.0%
79th	Australia	22.46%	-2.0%
80th	Croatia	22.11%	-0.2%
81st	Honduras	22.01%	24.0%
82nd	Jamaica	21.98%	-8.3%
83rd	Canada	21.80%	2.0%
84th	France	21.63%	0.9%
85th	Chile	21.51%	-1.1%
86th	St. Lucia	21.50%	-2.8%
87th	Portugal	21.36%	-2.3%
88th	El Salvador	21.33%	15.0%
89th	Cabo Verde	21.27%	4.9%
90th	Peru	20.77%	-5.3%
91st	Trinidad and Tobago	20.70%	-15.5%
92nd	Mauritius	20.63%	-2.3%
93rd	Paraguay	20.59%	8.3%
94th	Guatemala	20.54%	4.9%
95th	Djibouti	19.71%	32.6%
96th	Azerbaijan	19.67%	-28.7%
97th	Serbia	19.56%	-5.2%
98th	Thailand	19.37%	-18.6%
99th	Armenia	19.28%	0.2%
100th	Gambia, The	19.24%	-25.8%
101st	Latvia	19.23%	-0.5%
102nd	Mongolia	19.10%	-25.5%
103rd	Philippines	19.08%	-34.8%
104th	Niger	19.04%	35.1%
105th	Seychelles	18.76%	473.6%
106th	Solomon Islands	18.72%	1,417.8%
107th	Bahamas, The	18.34%	-4.5%
108th	Romania	18.12%	7.6%
109th	New Zealand	17.83%	2.0%
110th	Georgia	17.82%	-7.1%
111th	Cameroon	17.76%	5.6%
112th	Madagascar	17.46%	3.5%
113th	Poland	17.35%	-4.2%
114th	United States	17.28%	-3.0%
115th	Belize	17.04%	-18.0%
116th	Uganda	16.48%	-34.2%
117th	Bulgaria	16.39%	-13.0%
118th	Jordan	16.37%	12.4%
119th	Grenada	16.32%	0.3%
120th	St. Vincent and the Grenadines	16.32%	-23.4%
121st	Slovak Republic	16.17%	2.0%
122nd	Burkina Faso	15.86%	-2.3%
123rd	Kenya	15.28%	-4.4%
124th	Colombia	14.77%	8.2%
125th	Pakistan	14.27%	3.0%
126th	Brazil	14.22%	0.6%
127th	Uruguay	14.22%	-3.4%
128th	Sierra Leone	14.02%	-3.0%
129th	United Kingdom	13.83%	-18.6%
130th	Argentina	13.58%	-18.7%
131st	Eswatini	13.31%	-38.0%
132nd	Mali	13.22%	3.0%
133rd	Ghana	12.79%	-8.8%
134th	Costa Rica	12.70%	-13.9%
135th	Guinea-Bissau	12.50%	34.9%
136th	Iraq	12.49%	-70.2%
137th	Burundi	12.48%	13.4%
138th	St. Kitts and Nevis	12.46%	-0.9%
139th	South Africa	12.25%	-9.8%
140th	Greece	12.12%	12.5%
141st	Rwanda	11.42%	-45.8%
142nd	Mozambique	11.37%	578.5%
143rd	Cyprus	11.31%	-9.3%
144th	Congo, Democratic Republic of	11.09%	-60.8%
145th	Kyrgyz Republic	10.50%	278.6%
146th	Barbados	10.25%	-18.5%
147th	Bolivia, Plurinational State of	9.86%	-28.8%
148th	South Sudan	9.78%	1,847.8%
149th	Central African Republic	9.04%	37.4%
150th	Tunisia	8.98%	63.3%
151st	Montenegro	7.60%	-13.5%
152nd	Namibia	7.45%	-14.1%
153rd	Egypt, Arab Republic of	5.81%	-37.2%
154th	Moldova	5.79%	29.3%
155th	Haiti	5.51%	-41.7%
156th	Guinea	5.43%	-43.4%
157th	Ukraine	4.38%	-63.6%
158th	Comoros	2.38%	-51.2%
159th	Sudan	0.43%	1,503.7%
160th	Dominica	-0.87%	-131.0%
161st	Yemen, Republic of	-3.46%	70.3%
162nd	Suriname	-3.69%	-112.4%
163rd	Malawi	-7.06%	23.2%

FAQ

What was Iceland's gross savings in 2025?▾

Iceland's gross savings in 2025 was 23.92%. This ranked 63rd globally.

How did Iceland's gross savings change in 2025?▾

Iceland's gross savings decreased by 1.8% in 2025 compared to 2024.

Which country had the highest gross savings in 2025?▾

Kuwait had the highest gross savings in 2025 at 50.54%.

What is the gross savings of Iceland in 2025?▾

The gross savings of Iceland in 2025 was 23.92%. This ranked 63rd globally.

How does 2025 compare to 2024 for Iceland's gross savings?▾

Iceland's gross savings went from 24.36% in 2024 to 23.92% in 2025, a 1.8% decrease.

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