Iceland vs Saudi Arabia: Liquid liabilities to GDP
Liquid liabilities to GDP over time
- Iceland
- Saudi Arabia
How they compare
Iceland currently reports 72.5% against 70.1% in Saudi Arabia, a difference of 2.4%.
The two have swapped places 3 times across 50 shared years of data; in 1968 it was Iceland ahead.
Iceland ranks 81st and Saudi Arabia ranks 84th of 186 countries.
Across the 6 decades both report, Iceland averaged higher in 4 and Saudi Arabia in 2.
Head to head by decade
| Decade | Iceland | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 38.3% | 14.8% | 23.5% | Iceland |
| 1970s | 28.4% | 13.5% | 14.9% | Iceland |
| 1980s | 25.1% | 36.5% | 11.3% | Saudi Arabia |
| 1990s | 37.5% | 45.4% | 7.8% | Saudi Arabia |
| 2000s | 68.7% | 50.2% | 18.5% | Iceland |
| 2010s | 77.0% | 61.5% | 15.5% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher liquid liabilities to gdp, Iceland or Saudi Arabia?
- Iceland, at 72.5% against 70.1% in Saudi Arabia as of 2021.
- What is the difference in liquid liabilities to gdp between Iceland and Saudi Arabia?
- 2.4%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Saudi Arabia?
- 50 years are reported by both, from 1968 to 2017.
- How do Iceland and Saudi Arabia rank globally for liquid liabilities to gdp?
- Iceland ranks 81st and Saudi Arabia ranks 84th of 186 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Liquid liabilities to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.