Gross capital formation (constant 2015 US$), per unit of GDP in Iceland
Iceland: Gross capital formation (constant 2015 US$), per unit of GDP was 0.1585 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile
Gross capital formation (constant 2015 US$), per unit of GDP in Iceland, 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2025, gross capital formation (constant 2015 us$), per unit of gdp in Iceland stood at 0.1585 constant 2015 US$ per US$ of GDP.
That represents a change of down 8.9% on the previous year and down 17.4% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), per unit of gdp in Iceland peaked at 2.15 constant 2015 US$ per US$ of GDP in 1971 and was at its lowest, 0.1435 constant 2015 US$ per US$ of GDP, in 2013.
That places Iceland 111th 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$), per unit of GDP in Iceland, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 1.6 constant 2015 US$ per US$ of GDP | — |
| 1971 | 2.15 constant 2015 US$ per US$ of GDP | +34.1% |
| 1972 | 1.32 constant 2015 US$ per US$ of GDP | -38.9% |
| 1973 | 1.27 constant 2015 US$ per US$ of GDP | -3.4% |
| 1974 | 1.19 constant 2015 US$ per US$ of GDP | -6.1% |
| 1975 | 1.22 constant 2015 US$ per US$ of GDP | +2.1% |
| 1976 | 0.8033 constant 2015 US$ per US$ of GDP | -34.0% |
| 1977 | 0.779 constant 2015 US$ per US$ of GDP | -3.0% |
| 1978 | 0.5939 constant 2015 US$ per US$ of GDP | -23.8% |
| 1979 | 0.5412 constant 2015 US$ per US$ of GDP | -8.9% |
| 1980 | 0.5219 constant 2015 US$ per US$ of GDP | -3.6% |
| 1981 | 0.5386 constant 2015 US$ per US$ of GDP | +3.2% |
| 1982 | 0.6498 constant 2015 US$ per US$ of GDP | +20.6% |
| 1983 | 0.4556 constant 2015 US$ per US$ of GDP | -29.9% |
| 1984 | 0.6121 constant 2015 US$ per US$ of GDP | +34.3% |
| 1985 | 0.5185 constant 2015 US$ per US$ of GDP | -15.3% |
| 1986 | 0.3502 constant 2015 US$ per US$ of GDP | -32.5% |
| 1987 | 0.3325 constant 2015 US$ per US$ of GDP | -5.0% |
| 1988 | 0.336 constant 2015 US$ per US$ of GDP | +1.0% |
| 1989 | 0.303 constant 2015 US$ per US$ of GDP | -9.8% |
| 1990 | 0.2646 constant 2015 US$ per US$ of GDP | -12.7% |
| 1991 | 0.2789 constant 2015 US$ per US$ of GDP | +5.4% |
| 1992 | 0.2361 constant 2015 US$ per US$ of GDP | -15.4% |
| 1993 | 0.2618 constant 2015 US$ per US$ of GDP | +10.9% |
| 1994 | 0.2364 constant 2015 US$ per US$ of GDP | -9.7% |
| 1995 | 0.2278 constant 2015 US$ per US$ of GDP | -3.7% |
| 1996 | 0.2577 constant 2015 US$ per US$ of GDP | +13.1% |
| 1997 | 0.2855 constant 2015 US$ per US$ of GDP | +10.8% |
| 1998 | 0.3349 constant 2015 US$ per US$ of GDP | +17.3% |
| 1999 | 0.3055 constant 2015 US$ per US$ of GDP | -8.8% |
| 2000 | 0.3443 constant 2015 US$ per US$ of GDP | +12.7% |
| 2001 | 0.3537 constant 2015 US$ per US$ of GDP | +2.7% |
| 2002 | 0.276 constant 2015 US$ per US$ of GDP | -22.0% |
| 2003 | 0.2457 constant 2015 US$ per US$ of GDP | -11.0% |
| 2004 | 0.2571 constant 2015 US$ per US$ of GDP | +4.6% |
| 2005 | 0.2726 constant 2015 US$ per US$ of GDP | +6.0% |
| 2006 | 0.3349 constant 2015 US$ per US$ of GDP | +22.8% |
| 2007 | 0.2384 constant 2015 US$ per US$ of GDP | -28.8% |
| 2008 | 0.2355 constant 2015 US$ per US$ of GDP | -1.2% |
| 2009 | 0.1615 constant 2015 US$ per US$ of GDP | -31.4% |
| 2010 | 0.1449 constant 2015 US$ per US$ of GDP | -10.3% |
| 2011 | 0.1466 constant 2015 US$ per US$ of GDP | +1.2% |
| 2012 | 0.1598 constant 2015 US$ per US$ of GDP | +9.0% |
| 2013 | 0.1435 constant 2015 US$ per US$ of GDP | -10.2% |
| 2014 | 0.1558 constant 2015 US$ per US$ of GDP | +8.6% |
| 2015 | 0.1919 constant 2015 US$ per US$ of GDP | +23.2% |
| 2016 | 0.191 constant 2015 US$ per US$ of GDP | -0.5% |
| 2017 | 0.1767 constant 2015 US$ per US$ of GDP | -7.5% |
| 2018 | 0.1738 constant 2015 US$ per US$ of GDP | -1.6% |
| 2019 | 0.1687 constant 2015 US$ per US$ of GDP | -2.9% |
| 2020 | 0.1821 constant 2015 US$ per US$ of GDP | +7.9% |
| 2021 | 0.1754 constant 2015 US$ per US$ of GDP | -3.7% |
| 2022 | 0.1821 constant 2015 US$ per US$ of GDP | +3.9% |
| 2023 | 0.1779 constant 2015 US$ per US$ of GDP | -2.3% |
| 2024 | 0.174 constant 2015 US$ per US$ of GDP | -2.2% |
| 2025 | 0.1585 constant 2015 US$ per US$ of GDP | -8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.15 constant 2015 US$ per US$ of GDP | 0.5412 constant 2015 US$ per US$ of GDP | 2.15 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 0.4618 constant 2015 US$ per US$ of GDP | 0.303 constant 2015 US$ per US$ of GDP | 0.6498 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.2689 constant 2015 US$ per US$ of GDP | 0.2278 constant 2015 US$ per US$ of GDP | 0.3349 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.272 constant 2015 US$ per US$ of GDP | 0.1615 constant 2015 US$ per US$ of GDP | 0.3537 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.1653 constant 2015 US$ per US$ of GDP | 0.1435 constant 2015 US$ per US$ of GDP | 0.1919 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.175 constant 2015 US$ per US$ of GDP | 0.1585 constant 2015 US$ per US$ of GDP | 0.1821 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 108 Serbia 0.1607 constant 2015 US$ per US$ of GDP compare
- 109 Peru 0.1605 constant 2015 US$ per US$ of GDP compare
- 110 Estonia 0.1586 constant 2015 US$ per US$ of GDP compare
- 112 Croatia 0.1572 constant 2015 US$ per US$ of GDP compare
- 113 Romania 0.1556 constant 2015 US$ per US$ of GDP compare
- 114 Slovenia 0.1552 constant 2015 US$ per US$ of GDP 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 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$), per unit of gdp in Iceland?
- Gross capital formation (constant 2015 us$), per unit of gdp in Iceland was 0.1585 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 2.15 constant 2015 US$ per US$ of GDP in 1971.
- What is the lowest gross capital formation (constant 2015 us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.1435 constant 2015 US$ per US$ of GDP in 2013.
- How does Iceland rank for gross capital formation (constant 2015 us$), per unit of gdp?
- Iceland ranks 111th out of 163 countries with data for 2025.
- Is gross capital formation (constant 2015 us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 17.4%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.