Australia vs Iceland: Pension fund assets to GDP

Australia
132.6%
in 2020
Iceland
173.4%
in 2019
Australia rank
7th
Iceland rank
4th

Pension fund assets to GDP over time

  • Australia
  • Iceland
050100150200120102020

How they compare

Iceland currently reports 173.4% against 132.6% in Australia, a difference of 40.8%.

That makes Iceland's figure about 1.3 times Australia's.

Across all 19 years both countries report, Iceland has been ahead every year.

Australia ranks 7th and Iceland ranks 4th of 87 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Australia Iceland Difference Ahead
2000s 79.5% 105.8% 26.3% Iceland
2010s 112.2% 147.0% 34.8% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher pension fund assets to gdp, Australia or Iceland?
Iceland, at 173.4% against 132.6% in Australia as of 2019.
What is the difference in pension fund assets to gdp between Australia and Iceland?
40.8%, with Iceland ahead.
How many years of comparable data are there for Australia and Iceland?
19 years are reported by both, from 2001 to 2019.
How do Australia and Iceland rank globally for pension fund assets to gdp?
Australia ranks 7th and Iceland ranks 4th of 87 countries.
Where does this data come from?
Nonbanking financial database, World Bank, published as Pension fund assets to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Iceland: Pension fund assets to GDP. Statizoid, drawing on Nonbanking financial database, World Bank. Retrieved 02 September 2026, from https://financial-sector.statizoid.com/compare/pension-fund-assets-to-gdp-percent/australia/iceland/

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About this data

Indicator
Pension fund assets to GDP (%)
Unit
%
Source
Nonbanking financial database, World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
87 places, 1,492 data points, 1990–2020
Last refreshed

Ratio of assets of pension funds to GDP. A pension fund is any plan, fund, or scheme that provides retirement income. Data taken from a variety of sources such as OECD, AIOS, FIAP and national sources.