European Union (27) vs Iceland: Gross Fixed Capital Formation — Value US$, annual growth rate
European Union (27)
0.5295 % change on previous year
in 2024
Iceland
13.2 % change on previous year
in 2024
European Union (27) rank
27th
Iceland rank
29th
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- European Union (27)
- Iceland
How they compare
Iceland currently reports 13.2 % change on previous year against 0.5295 % change on previous year in European Union (27), a difference of 12.67 % change on previous year.
That makes Iceland's figure about 24.9 times European Union (27)'s.
The two have swapped places 20 times across 54 shared years of data; in 1971 it was Iceland ahead.
European Union (27) ranks 27th and Iceland ranks 29th of 30 groups.
Across the 6 decades both report, European Union (27) averaged higher in 2 and Iceland in 4.
Head to head by decade
| Decade | European Union (27) | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 12.6 % change on previous year | 21.9 % change on previous year | 9.3 % change on previous year | Iceland |
| 1980s | 6.35 % change on previous year | 6.18 % change on previous year | 0.1694 % change on previous year | European Union (27) |
| 1990s | 4.2 % change on previous year | 6.81 % change on previous year | 2.61 % change on previous year | Iceland |
| 2000s | 6.51 % change on previous year | 4.87 % change on previous year | 1.64 % change on previous year | European Union (27) |
| 2010s | 1.31 % change on previous year | 10.51 % change on previous year | 9.2 % change on previous year | Iceland |
| 2020s | 3.67 % change on previous year | 11.54 % change on previous year | 7.87 % change on previous year | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, annual growth rate, European Union (27) or Iceland?
- Iceland, at 13.2 % change on previous year against 0.5295 % change on previous year in European Union (27) as of 2024.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between European Union (27) and Iceland?
- 12.67 % change on previous year, with Iceland ahead.
- How many years of comparable data are there for European Union (27) and Iceland?
- 54 years are reported by both, from 1971 to 2024.
- How do European Union (27) and Iceland rank globally for gross fixed capital formation — value us$, annual growth rate?
- European Union (27) ranks 27th and Iceland ranks 29th of 30 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.