Iceland vs Saudi Arabia: Gross fixed capital formation
Gross fixed capital formation over time
- Iceland
- Saudi Arabia
How they compare
Saudi Arabia currently reports 1.44 trillion current LCU against 1.32 trillion current LCU in Iceland, a difference of 120.78 billion current LCU.
That makes Saudi Arabia's figure about 1.1 times Iceland's.
The two have swapped places 4 times across 56 shared years of data; in 1970 it was Saudi Arabia ahead.
Iceland ranks 62nd and Saudi Arabia ranks 61st of 180 countries.
Across the 6 decades both report, Iceland averaged higher in 1 and Saudi Arabia in 5.
Head to head by decade
| Decade | Iceland | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 946.57 million current LCU | 35.27 billion current LCU | 34.33 billion current LCU | Saudi Arabia |
| 1980s | 30.73 billion current LCU | 95.99 billion current LCU | 65.26 billion current LCU | Saudi Arabia |
| 1990s | 101.93 billion current LCU | 103.61 billion current LCU | 1.68 billion current LCU | Saudi Arabia |
| 2000s | 276.77 billion current LCU | 246.55 billion current LCU | 30.22 billion current LCU | Iceland |
| 2010s | 427.45 billion current LCU | 664.85 billion current LCU | 237.39 billion current LCU | Saudi Arabia |
| 2020s | 991.85 billion current LCU | 1.14 trillion current LCU | 150.84 billion current LCU | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Iceland or Saudi Arabia?
- Saudi Arabia, at 1.44 trillion current LCU against 1.32 trillion current LCU in Iceland as of 2025.
- What is the difference in gross fixed capital formation between Iceland and Saudi Arabia?
- 120.78 billion current LCU, with Saudi Arabia ahead.
- How many years of comparable data are there for Iceland and Saudi Arabia?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and Saudi Arabia rank globally for gross fixed capital formation?
- Iceland ranks 62nd and Saudi Arabia ranks 61st of 180 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.