Gross capital formation (constant 2015 US$), annual growth rate in Iceland
Iceland: Gross capital formation (constant 2015 US$), annual growth rate was 5.88 % change on previous year in 2025. ◆ Volatile
Gross capital formation (constant 2015 US$), annual growth rate in Iceland, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iceland recorded 5.88 % change on previous year for gross capital formation (constant 2015 us$), annual growth rate in 2025.
Compared with earlier readings it is up 143.1% on the previous year and down 71.7% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), annual growth rate in Iceland peaked at 70.65 % change on previous year in 1971 and was at its lowest, -50.35 % change on previous year, in 2009.
That places Iceland 68th out of 163 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant 2015 US$), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 70.65 % change on previous year | — |
| 1972 | -23.4 % change on previous year | -133.1% |
| 1973 | 32.8 % change on previous year | -240.2% |
| 1974 | 23.28 % change on previous year | -29.0% |
| 1975 | -5.24 % change on previous year | -122.5% |
| 1976 | -21.72 % change on previous year | +314.5% |
| 1977 | 28.3 % change on previous year | -230.3% |
| 1978 | -13.29 % change on previous year | -147.0% |
| 1979 | 3.52 % change on previous year | -126.5% |
| 1980 | 14.26 % change on previous year | +304.9% |
| 1981 | 6.62 % change on previous year | -53.6% |
| 1982 | 10.76 % change on previous year | +62.5% |
| 1983 | -39.52 % change on previous year | -467.4% |
| 1984 | 39.13 % change on previous year | -199.0% |
| 1985 | -11.76 % change on previous year | -130.0% |
| 1986 | -9.71 % change on previous year | -17.4% |
| 1987 | 31.41 % change on previous year | -423.3% |
| 1988 | 11.77 % change on previous year | -62.5% |
| 1989 | -16.23 % change on previous year | -237.9% |
| 1990 | -0.4222 % change on previous year | -97.4% |
| 1991 | 12.62 % change on previous year | -3089.5% |
| 1992 | -13.27 % change on previous year | -205.2% |
| 1993 | -2.59 % change on previous year | -80.5% |
| 1994 | -7.23 % change on previous year | +178.9% |
| 1995 | 7.41 % change on previous year | -202.5% |
| 1996 | 17.94 % change on previous year | +142.1% |
| 1997 | 11.24 % change on previous year | -37.4% |
| 1998 | 31.3 % change on previous year | +178.5% |
| 1999 | -3.79 % change on previous year | -112.1% |
| 2000 | 13.09 % change on previous year | -445.4% |
| 2001 | -6.46 % change on previous year | -149.3% |
| 2002 | -11.72 % change on previous year | +81.6% |
| 2003 | 9.35 % change on previous year | -179.8% |
| 2004 | 26.32 % change on previous year | +181.6% |
| 2005 | 30.2 % change on previous year | +14.7% |
| 2006 | 26.61 % change on previous year | -11.9% |
| 2007 | -11.55 % change on previous year | -143.4% |
| 2008 | -17.89 % change on previous year | +54.9% |
| 2009 | -50.35 % change on previous year | +181.5% |
| 2010 | -5.47 % change on previous year | -89.1% |
| 2011 | 11.85 % change on previous year | -316.7% |
| 2012 | 5.82 % change on previous year | -50.9% |
| 2013 | -2.4 % change on previous year | -141.2% |
| 2014 | 20.67 % change on previous year | -961.7% |
| 2015 | 20.8 % change on previous year | +0.6% |
| 2016 | 18.51 % change on previous year | -11.0% |
| 2017 | 10 % change on previous year | -45.9% |
| 2018 | 4.72 % change on previous year | -52.8% |
| 2019 | -9.1 % change on previous year | -292.9% |
| 2020 | -4.81 % change on previous year | -47.1% |
| 2021 | 14.64 % change on previous year | -404.3% |
| 2022 | 15.5 % change on previous year | +5.9% |
| 2023 | 6.13 % change on previous year | -60.4% |
| 2024 | 2.42 % change on previous year | -60.6% |
| 2025 | 5.88 % change on previous year | +143.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.54 % change on previous year | -23.4 % change on previous year | 70.65 % change on previous year | 9 |
| 1980s | 3.67 % change on previous year | -39.52 % change on previous year | 39.13 % change on previous year | 10 |
| 1990s | 5.32 % change on previous year | -13.27 % change on previous year | 31.3 % change on previous year | 10 |
| 2000s | 0.7612 % change on previous year | -50.35 % change on previous year | 30.2 % change on previous year | 10 |
| 2010s | 7.54 % change on previous year | -9.1 % change on previous year | 20.8 % change on previous year | 10 |
| 2020s | 6.63 % change on previous year | -4.81 % change on previous year | 15.5 % change on previous year | 6 |
Countries ranked near Iceland
- 65 Bosnia and Herzegovina 6.82 % change on previous year compare
- 66 Lesotho 6.76 % change on previous year compare
- 67 India 6.47 % change on previous year compare
- 69 Kenya 5.84 % change on previous year compare
- 70 Spain 5.78 % change on previous year compare
- 71 Portugal 5.75 % change on previous year 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)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1585 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 15,584 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 12.67 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.4237 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 41,663 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 4.9 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 54.43 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 5.35 million current LCU per person (2025)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), annual growth rate in Iceland?
- Gross capital formation (constant 2015 us$), annual growth rate in Iceland was 5.88 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), annual growth rate recorded in Iceland?
- The highest recorded value was 70.65 % change on previous year in 1971.
- What is the lowest gross capital formation (constant 2015 us$), annual growth rate recorded in Iceland?
- The lowest recorded value was -50.35 % change on previous year in 2009.
- How does Iceland rank for gross capital formation (constant 2015 us$), annual growth rate?
- Iceland ranks 68th out of 163 countries with data for 2025.
- Is gross capital formation (constant 2015 us$), annual growth rate rising or falling in Iceland?
- Over the last ten years it is down 71.7%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.