Adjusted savings: consumption of fixed capital in Iceland
Iceland: Adjusted savings: consumption of fixed capital was 4.18 billion current US$ in 2021. ◆ Volatile
Latest (2021)
4.18 billion current US$
Change on year
up 20.2%
World rank
93rd
of 206 countries
All-time high
4.32 billion current US$
in 2018
All-time low
118.39 million current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: consumption of fixed capital in Iceland, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: consumption of fixed capital in Iceland is 4.18 billion current US$, measured in 2021.
The figure is up 20.2% on the previous year and up 60.4% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Iceland peaked at 4.32 billion current US$ in 2018 and was at its lowest, 118.39 million current US$, in 1970.
Iceland ranks 93rd of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: consumption of fixed capital in Iceland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 118.39 million current US$ | — |
| 1971 | 133.28 million current US$ | +12.6% |
| 1972 | 170.57 million current US$ | +28.0% |
| 1973 | 248.64 million current US$ | +45.8% |
| 1974 | 309.25 million current US$ | +24.4% |
| 1975 | 327.02 million current US$ | +5.7% |
| 1976 | 360.27 million current US$ | +10.2% |
| 1977 | 436.50 million current US$ | +21.2% |
| 1978 | 496.76 million current US$ | +13.8% |
| 1979 | 576.31 million current US$ | +16.0% |
| 1980 | 673.29 million current US$ | +16.8% |
| 1981 | 705.53 million current US$ | +4.8% |
| 1982 | 682.22 million current US$ | -3.3% |
| 1983 | 624.11 million current US$ | -8.5% |
| 1984 | 604.65 million current US$ | -3.1% |
| 1985 | 624.40 million current US$ | +3.3% |
| 1986 | 797.92 million current US$ | +27.8% |
| 1987 | 1.01 billion current US$ | +26.0% |
| 1988 | 1.12 billion current US$ | +11.1% |
| 1989 | 1.10 billion current US$ | -2.0% |
| 1990 | 1.25 billion current US$ | +14.4% |
| 1991 | 1.24 billion current US$ | -1.3% |
| 1992 | 1.24 billion current US$ | +0.1% |
| 1993 | 1.06 billion current US$ | -14.1% |
| 1994 | 1.04 billion current US$ | -2.2% |
| 1995 | 1.10 billion current US$ | +5.5% |
| 1996 | 1.06 billion current US$ | -3.2% |
| 1997 | 995.11 million current US$ | -6.3% |
| 1998 | 1.06 billion current US$ | +6.3% |
| 1999 | 1.15 billion current US$ | +9.2% |
| 2000 | 1.12 billion current US$ | -3.3% |
| 2001 | 1.08 billion current US$ | -3.1% |
| 2002 | 1.21 billion current US$ | +12.0% |
| 2003 | 1.50 billion current US$ | +23.7% |
| 2004 | 1.74 billion current US$ | +15.9% |
| 2005 | 2.15 billion current US$ | +23.5% |
| 2006 | 2.39 billion current US$ | +11.5% |
| 2007 | 3.04 billion current US$ | +27.1% |
| 2008 | 2.95 billion current US$ | -2.9% |
| 2009 | 2.47 billion current US$ | -16.4% |
| 2010 | 2.49 billion current US$ | +0.9% |
| 2011 | 2.61 billion current US$ | +4.8% |
| 2012 | 2.53 billion current US$ | -3.1% |
| 2013 | 2.63 billion current US$ | +4.0% |
| 2014 | 2.76 billion current US$ | +5.2% |
| 2015 | 2.56 billion current US$ | -7.4% |
| 2016 | 3.08 billion current US$ | +20.4% |
| 2017 | 3.97 billion current US$ | +28.7% |
| 2018 | 4.32 billion current US$ | +8.8% |
| 2019 | 3.91 billion current US$ | -9.5% |
| 2020 | 3.48 billion current US$ | -10.9% |
| 2021 | 4.18 billion current US$ | +20.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 317.70 million current US$ | 118.39 million current US$ | 576.31 million current US$ | 10 |
| 1980s | 793.06 million current US$ | 604.65 million current US$ | 1.12 billion current US$ | 10 |
| 1990s | 1.12 billion current US$ | 995.11 million current US$ | 1.25 billion current US$ | 10 |
| 2000s | 1.96 billion current US$ | 1.08 billion current US$ | 3.04 billion current US$ | 10 |
| 2010s | 3.09 billion current US$ | 2.49 billion current US$ | 4.32 billion current US$ | 10 |
| 2020s | 3.83 billion current US$ | 3.48 billion current US$ | 4.18 billion current US$ | 2 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- GDP (current US$), annual growth rate 16.26 % change on previous year (2025)
- GDP (current US$), per capita 98,323 current US$ per person (2025)
- GDP (current LCU), annual growth rate 8.24 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 128.44 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 12.63 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.28 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5991 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 58,910 constant 2015 US$ per person (2025)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Iceland?
- Adjusted savings: consumption of fixed capital in Iceland was 4.18 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Iceland?
- The highest recorded value was 4.32 billion current US$ in 2018.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Iceland?
- The lowest recorded value was 118.39 million current US$ in 1970.
- How does Iceland rank for adjusted savings: consumption of fixed capital?
- Iceland ranks 93rd out of 206 countries with data for 2021.
- Is adjusted savings: consumption of fixed capital rising or falling in Iceland?
- Over the last ten years it is up 60.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (current US$). Statizoid updates them automatically from the source API.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. 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.