Annual capital formation by economic activity — Gross fixed capital in Iceland
Iceland: Annual capital formation by economic activity — Gross fixed capital was 139.94 Index in 2025. ▲ Rising
Annual capital formation by economic activity — Gross fixed capital in Iceland, 1995–2025
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
The most recent figure for annual capital formation by economic activity — gross fixed capital in Iceland is 139.94 Index, measured in 2025. That is the highest value across all 31 years on record.
The figure is up 4.9% on the previous year and up 75.9% over ten years.
Over the whole period, annual capital formation by economic activity — gross fixed capital in Iceland peaked at 139.94 Index in 2025 and was at its lowest, 25.86 Index, in 1995.
That places Iceland 4th out of 26 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Annual capital formation by economic activity — Gross fixed capital in Iceland, year by year
| Year | Index | Change |
|---|---|---|
| 1995 | 25.86 Index | — |
| 1996 | 27.03 Index | +4.5% |
| 1997 | 28.1 Index | +4.0% |
| 1998 | 29.03 Index | +3.3% |
| 1999 | 29.72 Index | +2.4% |
| 2000 | 30.69 Index | +3.3% |
| 2001 | 33.48 Index | +9.1% |
| 2002 | 36.95 Index | +10.4% |
| 2003 | 38.45 Index | +4.1% |
| 2004 | 40.13 Index | +4.4% |
| 2005 | 41.41 Index | +3.2% |
| 2006 | 45.3 Index | +9.4% |
| 2007 | 48.68 Index | +7.5% |
| 2008 | 55.63 Index | +14.3% |
| 2009 | 62.22 Index | +11.8% |
| 2010 | 67.22 Index | +8.0% |
| 2011 | 71.75 Index | +6.7% |
| 2012 | 75.36 Index | +5.0% |
| 2013 | 77.02 Index | +2.2% |
| 2014 | 77.66 Index | +0.8% |
| 2015 | 79.56 Index | +2.4% |
| 2016 | 85.14 Index | +7.0% |
| 2017 | 87.39 Index | +2.6% |
| 2018 | 92.85 Index | +6.2% |
| 2019 | 97.21 Index | +4.7% |
| 2020 | 100 Index | +2.9% |
| 2021 | 107.16 Index | +7.2% |
| 2022 | 117.85 Index | +10.0% |
| 2023 | 126.24 Index | +7.1% |
| 2024 | 133.34 Index | +5.6% |
| 2025 | 139.94 Index | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.95 Index | 25.86 Index | 29.72 Index | 5 |
| 2000s | 43.29 Index | 30.69 Index | 62.22 Index | 10 |
| 2010s | 81.12 Index | 67.22 Index | 97.21 Index | 10 |
| 2020s | 120.75 Index | 100 Index | 139.94 Index | 6 |
Countries ranked near Iceland
- 1 Croatia 135.3 Index compare
- 1 Hungary 173.25 Index compare
- 1 Estonia 142.01 Index compare
- 2 Romania 154.76 Index compare
- 2 Lithuania 141.93 Index compare
- 3 Bulgaria 152.74 Index compare
- 3 Latvia 140.76 Index compare
- 4 Slovenia 135.71 Index compare
- 5 Czechia 139.38 Index compare
- 5 Poland 131.89 Index compare
- 6 Germany 139.37 Index compare
- 6 Netherlands 124 Index compare
- 7 New Zealand 136.66 Index compare
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)
- Services, value added (current US$), annual growth rate 17.85 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6623 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 65,116 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 9.72 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 85.06 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 8.36 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.16 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3978 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual capital formation by economic activity — gross fixed capital in Iceland?
- Annual capital formation by economic activity — gross fixed capital in Iceland was 139.94 Index in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest annual capital formation by economic activity — gross fixed capital recorded in Iceland?
- The highest recorded value was 139.94 Index in 2025.
- What is the lowest annual capital formation by economic activity — gross fixed capital recorded in Iceland?
- The lowest recorded value was 25.86 Index in 1995.
- How does Iceland rank for annual capital formation by economic activity — gross fixed capital?
- Iceland ranks 4th out of 26 countries with data for 2025.
- Is annual capital formation by economic activity — gross fixed capital rising or falling in Iceland?
- Over the last ten years it is up 75.9%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual capital formation by economic activity — Gross fixed capital formation. Statizoid updates them automatically from the source API.
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About this data
This table presents gross capital formation, gross fixed capital formation (GFCF, or investment), changes in inventories and acquisition less disposals of valuables broken down by detailed industries based on detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). GFCF is also available broken down by type of non-financial asset, which can be selected using the ‘Financial instruments and non-financial assets’ filter. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is presented in current prices (default view), but it is also possible to select chain linked volume and other price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE8A dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org