Iceland vs Paraguay: Gross fixed capital formation
Gross fixed capital formation over time
- Iceland
- Paraguay
How they compare
Paraguay currently reports 10.71 billion current US$ against 10.29 billion current US$ in Iceland, a difference of 425.90 million current US$.
The two have swapped places 5 times across 56 shared years of data; in 1970 it was Iceland ahead.
Iceland ranks 94th and Paraguay ranks 91st of 180 countries.
Across the 6 decades both report, Iceland averaged higher in 3 and Paraguay in 3.
Head to head by decade
| Decade | Iceland | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 495.40 million current US$ | 345.93 million current US$ | 149.47 million current US$ | Iceland |
| 1980s | 981.78 million current US$ | 1.00 billion current US$ | 19.81 million current US$ | Paraguay |
| 1990s | 1.54 billion current US$ | 1.52 billion current US$ | 19.11 million current US$ | Iceland |
| 2000s | 3.60 billion current US$ | 2.36 billion current US$ | 1.25 billion current US$ | Iceland |
| 2010s | 3.63 billion current US$ | 7.12 billion current US$ | 3.49 billion current US$ | Paraguay |
| 2020s | 7.42 billion current US$ | 9.07 billion current US$ | 1.65 billion current US$ | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Iceland or Paraguay?
- Paraguay, at 10.71 billion current US$ against 10.29 billion current US$ in Iceland as of 2025.
- What is the difference in gross fixed capital formation between Iceland and Paraguay?
- 425.90 million current US$, with Paraguay ahead.
- How many years of comparable data are there for Iceland and Paraguay?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and Paraguay rank globally for gross fixed capital formation?
- Iceland ranks 94th and Paraguay ranks 91st of 180 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). 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 indicator is expressed in United States dollars.