Gross fixed capital formation in Iceland
Iceland: Gross fixed capital formation was 4.0% in 2025. ◆ Volatile
Gross fixed capital formation in Iceland, 1971–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Iceland recorded 4.0% for gross fixed capital formation in 2025.
Compared with earlier readings it is down 38.3% on the previous year and down 81.0% over ten years.
Over the whole period, gross fixed capital formation in Iceland peaked at 42.4% in 1971 and was at its lowest, -47.5%, in 2009.
Iceland ranks 90th of 166 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 | 7.4% | -8.8% | 42.4% | 9 |
| 1980s | 2.2% | -12.7% | 18.8% | 10 |
| 1990s | 4.4% | -10.4% | 30.6% | 10 |
| 2000s | 0.8% | -47.5% | 30.2% | 10 |
| 2010s | 7.4% | -8.4% | 21.2% | 10 |
| 2020s | 6.5% | -6.6% | 15.3% | 6 |
Countries ranked near Iceland
- 87 Tunisia 4.3% compare
- 88 United Kingdom 4.3% compare
- 89 Slovenia 4.1% compare
- 91 Costa Rica 3.9% compare
- 92 Comoros 3.8% compare
- 93 Guinea-Bissau 3.7% compare
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 fixed capital formation in Iceland?
- Gross fixed capital formation in Iceland was 4.0% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Iceland?
- The highest recorded value was 42.4% in 1971.
- What is the lowest gross fixed capital formation recorded in Iceland?
- The lowest recorded value was -47.5% in 2009.
- How does Iceland rank for gross fixed capital formation?
- Iceland ranks 90th out of 166 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Iceland?
- Over the last ten years it is down 81.0%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.