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

Iceland
10.81 million current LCU per square kilometre
in 2023
North Macedonia
8.83 million current LCU per square kilometre
in 2023
Iceland rank
58th
North Macedonia rank
61st

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

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

How they compare

Iceland currently reports 10.81 million current LCU per square kilometre against 8.83 million current LCU per square kilometre in North Macedonia, a difference of 1.98 million current LCU per square kilometre.

That makes Iceland's figure about 1.2 times North Macedonia's.

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

Iceland ranks 58th and North Macedonia ranks 61st of 177 countries.

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

Head to head by decade

Decade Iceland North Macedonia Difference Ahead
1990s 1.06 million current LCU per square kilometre 954,748 current LCU per square kilometre 101,651 current LCU per square kilometre Iceland
2000s 2.76 million current LCU per square kilometre 2.74 million current LCU per square kilometre 22,879 current LCU per square kilometre Iceland
2010s 4.26 million current LCU per square kilometre 4.98 million current LCU per square kilometre 728,064 current LCU per square kilometre North Macedonia
2020s 8.44 million current LCU per square kilometre 7.28 million current LCU per square kilometre 1.16 million current LCU per square kilometre Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation (current lcu), per square kilometre, Iceland or North Macedonia?
Iceland, at 10.81 million current LCU per square kilometre against 8.83 million current LCU per square kilometre in North Macedonia as of 2023.
What is the difference in gross fixed capital formation (current lcu), per square kilometre between Iceland and North Macedonia?
1.98 million 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 fixed capital formation (current lcu), per square kilometre?
Iceland ranks 58th and North Macedonia ranks 61st of 177 countries.
Where does this data come from?
Statizoid (derived), published as Gross fixed 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 fixed capital formation (current LCU), per square kilometre. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-current-lcu-per-square-kilometre/iceland/north-macedonia/

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<a href="https://economy.statizoid.com/compare/gross-fixed-capital-formation-current-lcu-per-square-kilometre/iceland/north-macedonia/">Iceland vs North Macedonia: Gross fixed capital formation (current LCU), per square kilometre</a> — Statizoid

About this data

Indicator
Gross fixed 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
177 places, 7,630 data points, 1961–2023
Last refreshed

Gross fixed 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.