Gross capital formation (constant 2015 US$), per capita in Iceland
Iceland: Gross capital formation (constant 2015 US$), per capita was 15,584 constant 2015 US$ per person in 2025. ▲ Rising
Latest (2025)
15,584 constant 2015 US$ per person
Change on year
up 4.3%
World rank
7th
of 163 countries
All-time high
19,480 constant 2015 US$ per person
in 2006
All-time low
4,277 constant 2015 US$ per person
in 1970
Years of data
56
1970–2025
Gross capital formation (constant 2015 US$), per capita in Iceland, 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
The most recent figure for gross capital formation (constant 2015 us$), per capita in Iceland is 15,584 constant 2015 US$ per person, measured in 2025.
Compared with earlier readings it is up 4.3% on the previous year and up 51.7% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), per capita in Iceland peaked at 19,480 constant 2015 US$ per person in 2006 and was at its lowest, 4,277 constant 2015 US$ per person, in 1970.
Iceland ranks 7th of 163 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 56 years of available data.
Gross capital formation (constant 2015 US$), per capita in Iceland, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1970 | 4,277 constant 2015 US$ per person | — |
| 1971 | 7,240 constant 2015 US$ per person | +69.3% |
| 1972 | 5,465 constant 2015 US$ per person | -24.5% |
| 1973 | 7,149 constant 2015 US$ per person | +30.8% |
| 1974 | 8,695 constant 2015 US$ per person | +21.6% |
| 1975 | 8,134 constant 2015 US$ per person | -6.4% |
| 1976 | 6,304 constant 2015 US$ per person | -22.5% |
| 1977 | 8,028 constant 2015 US$ per person | +27.3% |
| 1978 | 6,907 constant 2015 US$ per person | -14.0% |
| 1979 | 7,081 constant 2015 US$ per person | +2.5% |
| 1980 | 8,005 constant 2015 US$ per person | +13.1% |
| 1981 | 8,438 constant 2015 US$ per person | +5.4% |
| 1982 | 9,222 constant 2015 US$ per person | +9.3% |
| 1983 | 5,504 constant 2015 US$ per person | -40.3% |
| 1984 | 7,577 constant 2015 US$ per person | +37.7% |
| 1985 | 6,634 constant 2015 US$ per person | -12.4% |
| 1986 | 5,945 constant 2015 US$ per person | -10.4% |
| 1987 | 7,728 constant 2015 US$ per person | +30.0% |
| 1988 | 8,503 constant 2015 US$ per person | +10.0% |
| 1989 | 7,035 constant 2015 US$ per person | -17.3% |
| 1990 | 6,951 constant 2015 US$ per person | -1.2% |
| 1991 | 7,738 constant 2015 US$ per person | +11.3% |
| 1992 | 6,627 constant 2015 US$ per person | -14.4% |
| 1993 | 6,390 constant 2015 US$ per person | -3.6% |
| 1994 | 5,877 constant 2015 US$ per person | -8.0% |
| 1995 | 6,278 constant 2015 US$ per person | +6.8% |
| 1996 | 7,365 constant 2015 US$ per person | +17.3% |
| 1997 | 8,125 constant 2015 US$ per person | +10.3% |
| 1998 | 10,555 constant 2015 US$ per person | +29.9% |
| 1999 | 10,032 constant 2015 US$ per person | -4.9% |
| 2000 | 11,192 constant 2015 US$ per person | +11.6% |
| 2001 | 10,331 constant 2015 US$ per person | -7.7% |
| 2002 | 9,039 constant 2015 US$ per person | -12.5% |
| 2003 | 9,816 constant 2015 US$ per person | +8.6% |
| 2004 | 12,291 constant 2015 US$ per person | +25.2% |
| 2005 | 15,751 constant 2015 US$ per person | +28.2% |
| 2006 | 19,480 constant 2015 US$ per person | +23.7% |
| 2007 | 16,800 constant 2015 US$ per person | -13.8% |
| 2008 | 13,541 constant 2015 US$ per person | -19.4% |
| 2009 | 6,701 constant 2015 US$ per person | -50.5% |
| 2010 | 6,343 constant 2015 US$ per person | -5.3% |
| 2011 | 7,073 constant 2015 US$ per person | +11.5% |
| 2012 | 7,445 constant 2015 US$ per person | +5.3% |
| 2013 | 7,198 constant 2015 US$ per person | -3.3% |
| 2014 | 8,590 constant 2015 US$ per person | +19.3% |
| 2015 | 10,270 constant 2015 US$ per person | +19.5% |
| 2016 | 12,002 constant 2015 US$ per person | +16.9% |
| 2017 | 12,897 constant 2015 US$ per person | +7.5% |
| 2018 | 13,148 constant 2015 US$ per person | +2.0% |
| 2019 | 11,692 constant 2015 US$ per person | -11.1% |
| 2020 | 10,950 constant 2015 US$ per person | -6.3% |
| 2021 | 12,349 constant 2015 US$ per person | +12.8% |
| 2022 | 13,909 constant 2015 US$ per person | +12.6% |
| 2023 | 14,622 constant 2015 US$ per person | +5.1% |
| 2024 | 14,943 constant 2015 US$ per person | +2.2% |
| 2025 | 15,584 constant 2015 US$ per person | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6,928 constant 2015 US$ per person | 4,277 constant 2015 US$ per person | 8,695 constant 2015 US$ per person | 10 |
| 1980s | 7,459 constant 2015 US$ per person | 5,504 constant 2015 US$ per person | 9,222 constant 2015 US$ per person | 10 |
| 1990s | 7,594 constant 2015 US$ per person | 5,877 constant 2015 US$ per person | 10,555 constant 2015 US$ per person | 10 |
| 2000s | 12,494 constant 2015 US$ per person | 6,701 constant 2015 US$ per person | 19,480 constant 2015 US$ per person | 10 |
| 2010s | 9,666 constant 2015 US$ per person | 6,343 constant 2015 US$ per person | 13,148 constant 2015 US$ per person | 10 |
| 2020s | 13,726 constant 2015 US$ per person | 10,950 constant 2015 US$ per person | 15,584 constant 2015 US$ per person | 6 |
Countries ranked near Iceland
- 4 Norway 18,489 constant 2015 US$ per person compare
- 5 Greenland 18,332 constant 2015 US$ per person compare
- 6 Singapore 17,358 constant 2015 US$ per person compare
- 8 Luxembourg 15,304 constant 2015 US$ per person compare
- 9 United States of America 15,061 constant 2015 US$ per person compare
- 10 Sweden 13,727 constant 2015 US$ per person 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$), annual growth rate 5.88 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1585 constant 2015 US$ per US$ of GDP (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$), per capita in Iceland?
- Gross capital formation (constant 2015 us$), per capita in Iceland was 15,584 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), per capita recorded in Iceland?
- The highest recorded value was 19,480 constant 2015 US$ per person in 2006.
- What is the lowest gross capital formation (constant 2015 us$), per capita recorded in Iceland?
- The lowest recorded value was 4,277 constant 2015 US$ per person in 1970.
- How does Iceland rank for gross capital formation (constant 2015 us$), per capita?
- Iceland ranks 7th out of 163 countries with data for 2025.
- Is gross capital formation (constant 2015 us$), per capita rising or falling in Iceland?
- Over the last ten years it is up 51.7%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant 2015 US$) ÷ Population, total
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.