Iceland vs India: Gross capital formation (current LCU), per unit of GDP

Iceland
34.13 current LCU per US$ of GDP
in 2025
India
30.22 current LCU per US$ of GDP
in 2025
Iceland rank
50th
India rank
53rd

Gross capital formation (current LCU), per unit of GDP over time

  • Iceland
  • India
010203040196019922025

How they compare

Iceland currently reports 34.13 current LCU per US$ of GDP against 30.22 current LCU per US$ of GDP in India, a difference of 3.91 current LCU per US$ of GDP.

That makes Iceland's figure about 1.1 times India's.

The two have swapped places 3 times across 56 shared years of data; in 1970 it was India ahead.

Iceland ranks 50th and India ranks 53rd of 187 countries.

Across the 6 decades both report, Iceland averaged higher in 5 and India in 1.

Head to head by decade

Decade Iceland India Difference Ahead
1970s 0.4994 current LCU per US$ of GDP 1.66 current LCU per US$ of GDP 1.16 current LCU per US$ of GDP India
1980s 6.79 current LCU per US$ of GDP 2.94 current LCU per US$ of GDP 3.85 current LCU per US$ of GDP Iceland
1990s 13.49 current LCU per US$ of GDP 8.5 current LCU per US$ of GDP 4.99 current LCU per US$ of GDP Iceland
2000s 19.64 current LCU per US$ of GDP 15.8 current LCU per US$ of GDP 3.84 current LCU per US$ of GDP Iceland
2010s 21.51 current LCU per US$ of GDP 20.47 current LCU per US$ of GDP 1.05 current LCU per US$ of GDP Iceland
2020s 32.61 current LCU per US$ of GDP 26.81 current LCU per US$ of GDP 5.8 current LCU per US$ of GDP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current lcu), per unit of gdp, Iceland or India?
Iceland, at 34.13 current LCU per US$ of GDP against 30.22 current LCU per US$ of GDP in India as of 2025.
What is the difference in gross capital formation (current lcu), per unit of gdp between Iceland and India?
3.91 current LCU per US$ of GDP, with Iceland ahead.
How many years of comparable data are there for Iceland and India?
56 years are reported by both, from 1970 to 2025.
How do Iceland and India rank globally for gross capital formation (current lcu), per unit of gdp?
Iceland ranks 50th and India ranks 53rd of 187 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs India: Gross capital formation (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-lcu-per-unit-of-gdp/iceland/india/

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About this data

Indicator
Gross capital formation (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
187 places, 8,666 data points, 1960–2025
Last refreshed

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