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

Iceland
10.81 million current LCU per square kilometre
in 2023
Turkey
11.57 million current LCU per square kilometre
in 2023
Iceland rank
58th
Turkey rank
55th

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

  • Iceland
  • Turkey
02.5M5.0M7.5M10.0M12.5M196819952023

How they compare

Turkey currently reports 11.57 million current LCU per square kilometre against 10.81 million current LCU per square kilometre in Iceland, a difference of 759,000 current LCU per square kilometre.

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

The two have swapped places 1 time across 54 shared years of data; in 1970 it was Iceland ahead.

Iceland ranks 58th and Turkey ranks 55th of 177 countries.

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

Head to head by decade

Decade Iceland Turkey Difference Ahead
1970s 9,442 current LCU per square kilometre 0.1805 current LCU per square kilometre 9,442 current LCU per square kilometre Iceland
1980s 306,577 current LCU per square kilometre 16.5 current LCU per square kilometre 306,561 current LCU per square kilometre Iceland
1990s 1.02 million current LCU per square kilometre 7,394 current LCU per square kilometre 1.01 million current LCU per square kilometre Iceland
2000s 2.76 million current LCU per square kilometre 205,567 current LCU per square kilometre 2.56 million current LCU per square kilometre Iceland
2010s 4.26 million current LCU per square kilometre 912,083 current LCU per square kilometre 3.34 million current LCU per square kilometre Iceland
2020s 8.44 million current LCU per square kilometre 5.57 million current LCU per square kilometre 2.87 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 Turkey?
Turkey, at 11.57 million current LCU per square kilometre against 10.81 million current LCU per square kilometre in Iceland as of 2023.
What is the difference in gross fixed capital formation (current lcu), per square kilometre between Iceland and Turkey?
759,000 current LCU per square kilometre, with Turkey ahead.
How many years of comparable data are there for Iceland and Turkey?
54 years are reported by both, from 1970 to 2023.
How do Iceland and Turkey rank globally for gross fixed capital formation (current lcu), per square kilometre?
Iceland ranks 58th and Turkey ranks 55th 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 Turkey: 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/turkiye/

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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.