Iceland vs Norway: Gross capital formation

Iceland

1.32 trillion current LCU

in 2025

Norway

1.28 trillion current LCU

in 2025

Iceland rank

63rd

Norway rank

64th

Gross capital formation over time

Iceland
Norway

How they compare

Iceland currently reports 1.32 trillion current LCU against 1.28 trillion current LCU in Norway, a difference of 36.07 billion current LCU.

The two have swapped places 1 time across 56 shared years of data; in 1970 it was Norway ahead.

Globally, Iceland ranks 63rd and Norway ranks 64th of 186 countries.

Individual pages

About this data

Indicator: Gross capital formation (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 186 places, 8,699 data points, 1960–2025
Last refreshed: 06 August 2026

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.