Gross capital formation (constant LCU), per unit of GDP in Iceland
Iceland: Gross capital formation (constant LCU), per unit of GDP was 24.8 constant LCU per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
24.8 constant LCU per US$ of GDP
Change on year
down 8.9%
World rank
44th
of 170 countries
All-time high
336.64 constant LCU per US$ of GDP
in 1971
All-time low
22.45 constant LCU per US$ of GDP
in 2013
Years of data
56
1970–2025
Gross capital formation (constant LCU), per unit of GDP in Iceland, 1970–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Iceland recorded 24.8 constant LCU per US$ of GDP for gross capital formation (constant lcu), per unit of gdp in 2025.
The figure is down 8.9% on the previous year and down 17.4% over ten years.
Over the whole period, gross capital formation (constant lcu), per unit of gdp in Iceland peaked at 336.64 constant LCU per US$ of GDP in 1971 and was at its lowest, 22.45 constant LCU per US$ of GDP, in 2013.
That places Iceland 44th out of 170 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 LCU), per unit of GDP in Iceland, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 251.03 constant LCU per US$ of GDP | — |
| 1971 | 336.64 constant LCU per US$ of GDP | +34.1% |
| 1972 | 205.84 constant LCU per US$ of GDP | -38.9% |
| 1973 | 198.82 constant LCU per US$ of GDP | -3.4% |
| 1974 | 186.75 constant LCU per US$ of GDP | -6.1% |
| 1975 | 190.58 constant LCU per US$ of GDP | +2.1% |
| 1976 | 125.72 constant LCU per US$ of GDP | -34.0% |
| 1977 | 121.92 constant LCU per US$ of GDP | -3.0% |
| 1978 | 92.95 constant LCU per US$ of GDP | -23.8% |
| 1979 | 84.71 constant LCU per US$ of GDP | -8.9% |
| 1980 | 81.67 constant LCU per US$ of GDP | -3.6% |
| 1981 | 84.3 constant LCU per US$ of GDP | +3.2% |
| 1982 | 101.7 constant LCU per US$ of GDP | +20.6% |
| 1983 | 71.31 constant LCU per US$ of GDP | -29.9% |
| 1984 | 95.8 constant LCU per US$ of GDP | +34.3% |
| 1985 | 81.15 constant LCU per US$ of GDP | -15.3% |
| 1986 | 54.8 constant LCU per US$ of GDP | -32.5% |
| 1987 | 52.04 constant LCU per US$ of GDP | -5.0% |
| 1988 | 52.58 constant LCU per US$ of GDP | +1.0% |
| 1989 | 47.42 constant LCU per US$ of GDP | -9.8% |
| 1990 | 41.41 constant LCU per US$ of GDP | -12.7% |
| 1991 | 43.66 constant LCU per US$ of GDP | +5.4% |
| 1992 | 36.94 constant LCU per US$ of GDP | -15.4% |
| 1993 | 40.98 constant LCU per US$ of GDP | +10.9% |
| 1994 | 37 constant LCU per US$ of GDP | -9.7% |
| 1995 | 35.65 constant LCU per US$ of GDP | -3.7% |
| 1996 | 40.32 constant LCU per US$ of GDP | +13.1% |
| 1997 | 44.68 constant LCU per US$ of GDP | +10.8% |
| 1998 | 52.41 constant LCU per US$ of GDP | +17.3% |
| 1999 | 47.82 constant LCU per US$ of GDP | -8.8% |
| 2000 | 53.89 constant LCU per US$ of GDP | +12.7% |
| 2001 | 55.35 constant LCU per US$ of GDP | +2.7% |
| 2002 | 43.2 constant LCU per US$ of GDP | -22.0% |
| 2003 | 38.46 constant LCU per US$ of GDP | -11.0% |
| 2004 | 40.23 constant LCU per US$ of GDP | +4.6% |
| 2005 | 42.66 constant LCU per US$ of GDP | +6.0% |
| 2006 | 52.41 constant LCU per US$ of GDP | +22.8% |
| 2007 | 37.3 constant LCU per US$ of GDP | -28.8% |
| 2008 | 36.86 constant LCU per US$ of GDP | -1.2% |
| 2009 | 25.28 constant LCU per US$ of GDP | -31.4% |
| 2010 | 22.68 constant LCU per US$ of GDP | -10.3% |
| 2011 | 22.94 constant LCU per US$ of GDP | +1.2% |
| 2012 | 25.01 constant LCU per US$ of GDP | +9.0% |
| 2013 | 22.45 constant LCU per US$ of GDP | -10.2% |
| 2014 | 24.38 constant LCU per US$ of GDP | +8.6% |
| 2015 | 30.04 constant LCU per US$ of GDP | +23.2% |
| 2016 | 29.88 constant LCU per US$ of GDP | -0.5% |
| 2017 | 27.66 constant LCU per US$ of GDP | -7.5% |
| 2018 | 27.21 constant LCU per US$ of GDP | -1.6% |
| 2019 | 26.41 constant LCU per US$ of GDP | -2.9% |
| 2020 | 28.5 constant LCU per US$ of GDP | +7.9% |
| 2021 | 27.44 constant LCU per US$ of GDP | -3.7% |
| 2022 | 28.5 constant LCU per US$ of GDP | +3.9% |
| 2023 | 27.84 constant LCU per US$ of GDP | -2.3% |
| 2024 | 27.24 constant LCU per US$ of GDP | -2.2% |
| 2025 | 24.8 constant LCU per US$ of GDP | -8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 179.5 constant LCU per US$ of GDP | 84.71 constant LCU per US$ of GDP | 336.64 constant LCU per US$ of GDP | 10 |
| 1980s | 72.28 constant LCU per US$ of GDP | 47.42 constant LCU per US$ of GDP | 101.7 constant LCU per US$ of GDP | 10 |
| 1990s | 42.09 constant LCU per US$ of GDP | 35.65 constant LCU per US$ of GDP | 52.41 constant LCU per US$ of GDP | 10 |
| 2000s | 42.56 constant LCU per US$ of GDP | 25.28 constant LCU per US$ of GDP | 55.35 constant LCU per US$ of GDP | 10 |
| 2010s | 25.87 constant LCU per US$ of GDP | 22.45 constant LCU per US$ of GDP | 30.04 constant LCU per US$ of GDP | 10 |
| 2020s | 27.39 constant LCU per US$ of GDP | 24.8 constant LCU per US$ of GDP | 28.5 constant LCU per US$ of GDP | 6 |
Countries ranked near Iceland
- 41 India 27.89 constant LCU per US$ of GDP compare
- 42 Kazakhstan 26.65 constant LCU per US$ of GDP compare
- 43 Angola 25.6 constant LCU per US$ of GDP compare
- 45 Bangladesh 23.07 constant LCU per US$ of GDP compare
- 46 Albania 20.93 constant LCU per US$ of GDP compare
- 47 Nepal 20.84 constant LCU 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation (constant lcu), per unit of gdp in Iceland?
- Gross capital formation (constant lcu), per unit of gdp in Iceland was 24.8 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 336.64 constant LCU per US$ of GDP in 1971.
- What is the lowest gross capital formation (constant lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was 22.45 constant LCU per US$ of GDP in 2013.
- How does Iceland rank for gross capital formation (constant lcu), per unit of gdp?
- Iceland ranks 44th out of 170 countries with data for 2025.
- Is gross capital formation (constant lcu), 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 LCU), per unit of GDP. 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.