Iceland | Adjusted savings: gross savings (% of GNI)

Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. Development relevance: Gross savings is used as a starting point for calculating adjusted net savings. Adjusted net saving is an indicator of the sustainability of an economy. Limitations and exceptions: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components. Statistical concept and methodology: Gross savings are calculated as a residual from the national accounts by taking the difference between income earned by residents (including income received from abroad and workers' remittances) and their consumption expenditures.
Publisher
The World Bank
Origin
Republic of Iceland
Records
63
Source
Iceland | Adjusted savings: gross savings (% of GNI)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
30.21080838 1976
30.56949505 1977
28.97798342 1978
27.37843395 1979
28.04070137 1980
25.7742623 1981
23.33134846 1982
22.63075559 1983
22.14582601 1984
20.4226156 1985
22.37106822 1986
20.5460358 1987
20.41630156 1988
20.5113554 1989
20.18693501 1990
19.22199613 1991
18.84151438 1992
20.74588617 1993
21.1881597 1994
20.27185964 1995
20.3934339 1996
20.94249248 1997
19.7193333 1998
17.21337093 1999
14.70286086 2000
19.09377386 2001
21.58612738 2002
17.45176953 2003
16.21275971 2004
12.8106384 2005
11.91378227 2006
15.13451891 2007
2.00139783 2008
3.79867049 2009
4.84996867 2010
8.17216056 2011
9.75579874 2012
18.18402506 2013
18.46691123 2014
20.80123068 2015
23.67391381 2016
23.10146063 2017
20.6706871 2018
24.23132069 2019
17.4793377 2020
15.97261136 2021
2022

Iceland | Adjusted savings: gross savings (% of GNI)

Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. Development relevance: Gross savings is used as a starting point for calculating adjusted net savings. Adjusted net saving is an indicator of the sustainability of an economy. Limitations and exceptions: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components. Statistical concept and methodology: Gross savings are calculated as a residual from the national accounts by taking the difference between income earned by residents (including income received from abroad and workers' remittances) and their consumption expenditures.
Publisher
The World Bank
Origin
Republic of Iceland
Records
63
Source