Argentina vs Iceland: Gross Fixed Capital Formation — Value Standard Local Currency, 2015

Argentina
822,455 million SLC
in 2024
Iceland
764,626 million SLC
in 2024
Argentina rank
55th
Iceland rank
56th

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 over time

  • Argentina
  • Iceland
200.0k400.0k600.0k800.0k1.0M197019972024

How they compare

Argentina currently reports 822,455 million SLC against 764,626 million SLC in Iceland, a difference of 57,829 million SLC.

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

The two have swapped places 6 times across 55 shared years of data; in 1970 it was Argentina ahead.

Argentina ranks 55th and Iceland ranks 56th of 194 countries.

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

Head to head by decade

Decade Argentina Iceland Difference Ahead
1970s 414,967 million SLC 197,337 million SLC 217,630 million SLC Argentina
1980s 350,807 million SLC 243,324 million SLC 107,484 million SLC Argentina
1990s 463,418 million SLC 268,746 million SLC 194,673 million SLC Argentina
2000s 572,846 million SLC 487,497 million SLC 85,349 million SLC Argentina
2010s 917,205 million SLC 427,896 million SLC 489,310 million SLC Argentina
2020s 885,887 million SLC 662,293 million SLC 223,595 million SLC Argentina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value standard local currency, 2015, Argentina or Iceland?
Argentina, at 822,455 million SLC against 764,626 million SLC in Iceland as of 2024.
What is the difference in gross fixed capital formation — value standard local currency, 2015 between Argentina and Iceland?
57,829 million SLC, with Argentina ahead.
How many years of comparable data are there for Argentina and Iceland?
55 years are reported by both, from 1970 to 2024.
How do Argentina and Iceland rank globally for gross fixed capital formation — value standard local currency, 2015?
Argentina ranks 55th and Iceland ranks 56th of 194 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Argentina vs Iceland: Gross Fixed Capital Formation — Value Standard Local Currency, 2015. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-standard-local-currency-2015-prices/argentina/iceland/

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About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
209 places, 10,794 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).