Iceland vs Sweden: Gross capital formation

Iceland
1.32 trillion current LCU
in 2025
Sweden
1.67 trillion current LCU
in 2025
Iceland rank
63rd
Sweden rank
60th

Gross capital formation over time

  • Iceland
  • Sweden
0500.0B1.0T1.5T196019922025

How they compare

Sweden currently reports 1.67 trillion current LCU against 1.32 trillion current LCU in Iceland, a difference of 356.30 billion current LCU.

That makes Sweden's figure about 1.3 times Iceland's.

Across all 56 years both countries report, Sweden has been ahead every year.

Iceland ranks 63rd and Sweden ranks 60th of 186 countries.

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

Head to head by decade

Decade Iceland Sweden Difference Ahead
1970s 955.47 million current LCU 93.81 billion current LCU 92.85 billion current LCU Sweden
1980s 30.44 billion current LCU 246.02 billion current LCU 215.58 billion current LCU Sweden
1990s 102.38 billion current LCU 402.68 billion current LCU 300.29 billion current LCU Sweden
2000s 279.22 billion current LCU 644.18 billion current LCU 364.96 billion current LCU Sweden
2010s 427.99 billion current LCU 987.97 billion current LCU 559.98 billion current LCU Sweden
2020s 995.90 billion current LCU 1.50 trillion current LCU 502.41 billion current LCU Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation, Iceland or Sweden?
Sweden, at 1.67 trillion current LCU against 1.32 trillion current LCU in Iceland as of 2025.
What is the difference in gross capital formation between Iceland and Sweden?
356.30 billion current LCU, with Sweden ahead.
How many years of comparable data are there for Iceland and Sweden?
56 years are reported by both, from 1970 to 2025.
How do Iceland and Sweden rank globally for gross capital formation?
Iceland ranks 63rd and Sweden ranks 60th of 186 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Sweden: Gross capital formation. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 23 August 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-lcu/iceland/sweden/

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About this data

Indicator
Gross capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,699 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.