Iceland vs Saudi Arabia: Gross capital formation

Iceland
1.32 trillion current LCU
in 2025
Saudi Arabia
1.51 trillion current LCU
in 2025
Iceland rank
63rd
Saudi Arabia rank
61st

Gross capital formation over time

  • Iceland
  • Saudi Arabia
0500.0B1.0T1.5T196819962025

How they compare

Saudi Arabia currently reports 1.51 trillion current LCU against 1.32 trillion current LCU in Iceland, a difference of 197.50 billion current LCU.

That makes Saudi Arabia's figure about 1.1 times Iceland's.

The two have swapped places 6 times across 56 shared years of data; in 1970 it was Saudi Arabia ahead.

Globally, Iceland ranks 63rd and Saudi Arabia ranks 61st 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

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.