Iceland vs North Macedonia: Gross capital formation (current LCU), per square kilometre

Iceland
11.03 million current LCU per square kilometre
in 2023
North Macedonia
10.61 million current LCU per square kilometre
in 2023
Iceland rank
62nd
North Macedonia rank
63rd

Gross capital formation (current LCU), per square kilometre over time

  • Iceland
  • North Macedonia
02.5M5.0M7.5M10.0M12.5M197019962023

How they compare

Iceland currently reports 11.03 million current LCU per square kilometre against 10.61 million current LCU per square kilometre in North Macedonia, a difference of 419,900 current LCU per square kilometre.

The two have swapped places 6 times across 32 shared years of data; in 1992 it was Iceland ahead.

Iceland ranks 62nd and North Macedonia ranks 63rd of 184 countries.

Across the 4 decades both report, Iceland averaged higher in 1 and North Macedonia in 3.

Head to head by decade

Decade Iceland North Macedonia Difference Ahead
1990s 1.06 million current LCU per square kilometre 1.12 million current LCU per square kilometre 57,531 current LCU per square kilometre North Macedonia
2000s 2.79 million current LCU per square kilometre 2.78 million current LCU per square kilometre 9,816 current LCU per square kilometre Iceland
2010s 4.26 million current LCU per square kilometre 6.68 million current LCU per square kilometre 2.42 million current LCU per square kilometre North Macedonia
2020s 8.57 million current LCU per square kilometre 9.88 million current LCU per square kilometre 1.31 million current LCU per square kilometre North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current lcu), per square kilometre, Iceland or North Macedonia?
Iceland, at 11.03 million current LCU per square kilometre against 10.61 million current LCU per square kilometre in North Macedonia as of 2023.
What is the difference in gross capital formation (current lcu), per square kilometre between Iceland and North Macedonia?
419,900 current LCU per square kilometre, with Iceland ahead.
How many years of comparable data are there for Iceland and North Macedonia?
32 years are reported by both, from 1992 to 2023.
How do Iceland and North Macedonia rank globally for gross capital formation (current lcu), per square kilometre?
Iceland ranks 62nd and North Macedonia ranks 63rd of 184 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current LCU), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs North Macedonia: Gross capital formation (current LCU), per square kilometre. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-lcu-per-square-kilometre/iceland/north-macedonia/

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About this data

Indicator
Gross capital formation (current LCU), per square kilometre
Unit
current LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 8,138 data points, 1961–2023
Last refreshed

Gross capital formation (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.