Gross capital formation in Iceland
Iceland: Gross capital formation was 5.9% in 2025. ◆ Volatile
Gross capital formation in Iceland, 1971–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2025, gross capital formation in Iceland stood at 5.9%.
The figure is up 143.1% on the previous year and down 71.7% over ten years.
Over the whole period, gross capital formation in Iceland peaked at 70.6% in 1971 and was at its lowest, -50.3%, in 2009.
Iceland ranks 68th of 168 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.5% | -23.4% | 70.6% | 9 |
| 1980s | 3.7% | -39.5% | 39.1% | 10 |
| 1990s | 5.3% | -13.3% | 31.3% | 10 |
| 2000s | 0.8% | -50.3% | 30.2% | 10 |
| 2010s | 7.5% | -9.1% | 20.8% | 10 |
| 2020s | 6.6% | -4.8% | 15.5% | 6 |
Countries ranked near Iceland
More economy & growth data for Iceland
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
- Taxes less subsidies on products 3.88 billion current US$ (2025)
- Net primary income (Net income from abroad) -40.83 billion current LCU (2024)
- Net primary income (Net income from abroad) -295.94 million current US$ (2024)
- GNI per capita 12.60 million current LCU (2025)
- GNI per capita, Atlas method 89,220 current US$ (2025)
- GNI 4.94 trillion current LCU (2025)
Frequently asked questions
- What is gross capital formation in Iceland?
- Gross capital formation in Iceland was 5.9% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Iceland?
- The highest recorded value was 70.6% in 1971.
- What is the lowest gross capital formation recorded in Iceland?
- The lowest recorded value was -50.3% in 2009.
- How does Iceland rank for gross capital formation?
- Iceland ranks 68th out of 168 countries with data for 2025.
- Is gross capital formation rising or falling in Iceland?
- Over the last ten years it is down 71.7%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.