Gross fixed capital formation in Iceland
Iceland: Gross fixed capital formation was 10.29 billion current US$ in 2025. ◆ Volatile
Gross fixed capital formation in Iceland, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in Iceland is 10.29 billion current US$, measured in 2025. That is the highest value across all 56 years on record.
That represents a change of up 15.7% on the previous year and up 204.0% over ten years.
Over the whole period, gross fixed capital formation in Iceland peaked at 10.29 billion current US$ in 2025 and was at its lowest, 151.11 million current US$, in 1970.
Iceland ranks 94th of 180 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 495.40 million current US$ | 151.11 million current US$ | 783.67 million current US$ | 10 |
| 1980s | 981.78 million current US$ | 699.33 million current US$ | 1.37 billion current US$ | 10 |
| 1990s | 1.54 billion current US$ | 1.14 billion current US$ | 2.19 billion current US$ | 10 |
| 2000s | 3.60 billion current US$ | 1.85 billion current US$ | 6.37 billion current US$ | 10 |
| 2010s | 3.63 billion current US$ | 1.94 billion current US$ | 5.78 billion current US$ | 10 |
| 2020s | 7.42 billion current US$ | 4.63 billion current US$ | 10.29 billion current US$ | 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 fixed capital formation in Iceland?
- Gross fixed capital formation in Iceland was 10.29 billion current US$ 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 10.29 billion current US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Iceland?
- The lowest recorded value was 151.11 million current US$ in 1970.
- How does Iceland rank for gross fixed capital formation?
- Iceland ranks 94th out of 180 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Iceland?
- Over the last ten years it is up 204.0%. 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 (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 56 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.