Which has higher gross capital formation, Iceland or United Arab Emirates?

United Arab Emirates, at 26.6% against 26.6% in Iceland as of 2023.

What is the difference in gross capital formation between Iceland and United Arab Emirates?

0.0%, with United Arab Emirates ahead.

How many years of comparable data are there for Iceland and United Arab Emirates?

23 years are reported by both, from 2001 to 2023.

Where does this data come from?

Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Iceland vs United Arab Emirates: Gross capital formation

Iceland

26.6%

in 2025

United Arab Emirates

26.6%

in 2023

Iceland rank

61st

United Arab Emirates rank

60th

Gross capital formation over time

Iceland
United Arab Emirates

How they compare

United Arab Emirates currently reports 26.6% against 26.6% in Iceland, a difference of 0.0%.

The two have swapped places 5 times across 23 shared years of data; in 2001 it was Iceland ahead.

Iceland ranks 61st and United Arab Emirates ranks 60th of 187 countries.

Across the 3 decades both report, Iceland averaged higher in 1 and United Arab Emirates in 2.

Head to head by decade

Decade	Iceland	United Arab Emirates	Difference	Ahead
2000s	24.8%	23.2%	1.6%	Iceland
2010s	18.1%	22.8%	4.7%	United Arab Emirates
2020s	23.4%	25.2%	1.8%	United Arab Emirates

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation, Iceland or United Arab Emirates?: United Arab Emirates, at 26.6% against 26.6% in Iceland as of 2023.
What is the difference in gross capital formation between Iceland and United Arab Emirates?: 0.0%, with United Arab Emirates ahead.
How many years of comparable data are there for Iceland and United Arab Emirates?: 23 years are reported by both, from 2001 to 2023.
How do Iceland and United Arab Emirates rank globally for gross capital formation?: Iceland ranks 61st and United Arab Emirates ranks 60th of 187 countries.
Where does this data come from?: Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs United Arab Emirates: Gross capital formation. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-percent-of-gdp/iceland/united-arab-emirates/

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About this data

Indicator: Gross capital formation (% of GDP)
Unit: % of GDP
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 230 places, 10,938 data points, 1960–2025
Last refreshed: 03 September 2026

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.