Cyprus vs Iceland: Gross capital formation

Cyprus
6.21 billion constant 2015 US$
in 2025
Iceland
6.12 billion constant 2015 US$
in 2025
Cyprus rank
98th
Iceland rank
100th

Gross capital formation over time

  • Cyprus
  • Iceland
02.0B4.0B6.0B197019972025

How they compare

Cyprus currently reports 6.21 billion constant 2015 US$ against 6.12 billion constant 2015 US$ in Iceland, a difference of 93.00 million constant 2015 US$.

The two have swapped places 11 times across 51 shared years of data; in 1975 it was Iceland ahead.

Cyprus ranks 98th and Iceland ranks 100th of 162 countries.

Cyprus has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Cyprus Iceland Difference Ahead
1970s 2.05 billion constant 2015 US$ 1.62 billion constant 2015 US$ 437.52 million constant 2015 US$ Cyprus
1980s 3.11 billion constant 2015 US$ 1.79 billion constant 2015 US$ 1.32 billion constant 2015 US$ Cyprus
1990s 3.47 billion constant 2015 US$ 2.03 billion constant 2015 US$ 1.44 billion constant 2015 US$ Cyprus
2000s 4.04 billion constant 2015 US$ 3.74 billion constant 2015 US$ 303.77 million constant 2015 US$ Cyprus
2010s 3.77 billion constant 2015 US$ 3.25 billion constant 2015 US$ 520.48 million constant 2015 US$ Cyprus
2020s 5.84 billion constant 2015 US$ 5.24 billion constant 2015 US$ 597.20 million constant 2015 US$ Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation, Cyprus or Iceland?
Cyprus, at 6.21 billion constant 2015 US$ against 6.12 billion constant 2015 US$ in Iceland as of 2025.
What is the difference in gross capital formation between Cyprus and Iceland?
93.00 million constant 2015 US$, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Iceland?
51 years are reported by both, from 1975 to 2025.
How do Cyprus and Iceland rank globally for gross capital formation?
Cyprus ranks 98th and Iceland ranks 100th of 162 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Iceland: Gross capital formation. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 22 August 2026, from https://economy.statizoid.com/compare/gross-capital-formation-constant-2015-us/cyprus/iceland/

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About this data

Indicator
Gross capital formation (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
202 places, 8,378 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.