Gross capital formation (current LCU), per capita (capita LCU) in Iceland
Iceland: Gross capital formation (current LCU), per capita (capita LCU) was 3.36 million current LCU per person in 2025. ◆ Volatile
Gross capital formation (current LCU), per capita in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
Iceland recorded 3.36 million current LCU per person for gross capital formation (current lcu), per capita in 2025. That is the highest value across all 56 years on record.
That represents a change of up 8.0% on the previous year and up 147.7% over ten years.
Over the whole period, gross capital formation (current lcu), per capita in Iceland peaked at 3.36 million current LCU per person in 2025 and was at its lowest, 630.46 current LCU per person, in 1970.
Iceland ranks 15th of 187 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), per capita (capita LCU) in Iceland, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1970 | 630.46 current LCU per person | — |
| 1971 | 1,064 current LCU per person | +68.8% |
| 1972 | 1,123 current LCU per person | +5.5% |
| 1973 | 1,766 current LCU per person | +57.2% |
| 1974 | 2,847 current LCU per person | +61.2% |
| 1975 | 3,918 current LCU per person | +37.6% |
| 1976 | 4,426 current LCU per person | +13.0% |
| 1977 | 6,619 current LCU per person | +49.6% |
| 1978 | 8,410 current LCU per person | +27.0% |
| 1979 | 12,437 current LCU per person | +47.9% |
| 1980 | 21,414 current LCU per person | +72.2% |
| 1981 | 32,615 current LCU per person | +52.3% |
| 1982 | 52,867 current LCU per person | +62.1% |
| 1983 | 67,850 current LCU per person | +28.3% |
| 1984 | 97,770 current LCU per person | +44.1% |
| 1985 | 118,627 current LCU per person | +21.3% |
| 1986 | 138,361 current LCU per person | +16.6% |
| 1987 | 200,144 current LCU per person | +44.7% |
| 1988 | 243,944 current LCU per person | +21.9% |
| 1989 | 267,880 current LCU per person | +9.8% |
| 1990 | 312,545 current LCU per person | +16.7% |
| 1991 | 352,595 current LCU per person | +12.8% |
| 1992 | 314,567 current LCU per person | -10.8% |
| 1993 | 300,091 current LCU per person | -4.6% |
| 1994 | 299,320 current LCU per person | -0.3% |
| 1995 | 313,434 current LCU per person | +4.7% |
| 1996 | 381,208 current LCU per person | +21.6% |
| 1997 | 431,044 current LCU per person | +13.1% |
| 1998 | 569,475 current LCU per person | +32.1% |
| 1999 | 552,093 current LCU per person | -3.1% |
| 2000 | 629,103 current LCU per person | +13.9% |
| 2001 | 644,725 current LCU per person | +2.5% |
| 2002 | 585,651 current LCU per person | -9.2% |
| 2003 | 647,293 current LCU per person | +10.5% |
| 2004 | 825,404 current LCU per person | +27.5% |
| 2005 | 1.06 million current LCU per person | +28.4% |
| 2006 | 1.47 million current LCU per person | +38.5% |
| 2007 | 1.34 million current LCU per person | -8.8% |
| 2008 | 1.31 million current LCU per person | -2.2% |
| 2009 | 758,065 current LCU per person | -42.1% |
| 2010 | 740,288 current LCU per person | -2.3% |
| 2011 | 856,884 current LCU per person | +15.8% |
| 2012 | 926,109 current LCU per person | +8.1% |
| 2013 | 920,220 current LCU per person | -0.6% |
| 2014 | 1.10 million current LCU per person | +19.5% |
| 2015 | 1.35 million current LCU per person | +23.2% |
| 2016 | 1.58 million current LCU per person | +16.7% |
| 2017 | 1.68 million current LCU per person | +6.4% |
| 2018 | 1.82 million current LCU per person | +8.1% |
| 2019 | 1.72 million current LCU per person | -5.6% |
| 2020 | 1.71 million current LCU per person | -0.2% |
| 2021 | 2.04 million current LCU per person | +19.1% |
| 2022 | 2.50 million current LCU per person | +22.7% |
| 2023 | 2.88 million current LCU per person | +15.1% |
| 2024 | 3.11 million current LCU per person | +7.8% |
| 2025 | 3.36 million current LCU per person | +8.0% |
Iceland compared with similar countries
- Iceland's 3.36 million current LCU per person is above the median for high income countries, which is 18,554 current LCU per person, 180.9× the median. (67 countries reporting)
- Iceland's 3.36 million current LCU per person is above the median for Europe & Central Asia, which is 13,050 current LCU per person, 257.2× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,324 current LCU per person | 630.46 current LCU per person | 12,437 current LCU per person | 10 |
| 1980s | 124,147 current LCU per person | 21,414 current LCU per person | 267,880 current LCU per person | 10 |
| 1990s | 382,637 current LCU per person | 299,320 current LCU per person | 569,475 current LCU per person | 10 |
| 2000s | 926,653 current LCU per person | 585,651 current LCU per person | 1.47 million current LCU per person | 10 |
| 2010s | 1.27 million current LCU per person | 740,288 current LCU per person | 1.82 million current LCU per person | 10 |
| 2020s | 2.60 million current LCU per person | 1.71 million current LCU per person | 3.36 million current LCU per person | 6 |
Countries ranked near Iceland
- 12 Lao People's Democratic Republic 5.43 million current LCU per person compare
- 13 Chile 4.12 million current LCU per person compare
- 14 Cambodia 3.63 million current LCU per person compare
- 16 Argentina 2.98 million current LCU per person compare
- 17 Hungary 2.03 million current LCU per person compare
- 18 Kazakhstan, Republic of 1.81 million current LCU per person compare
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation (current lcu), per capita in Iceland?
- Gross capital formation (current lcu), per capita in Iceland was 3.36 million current LCU per person in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per capita recorded in Iceland?
- The highest recorded value was 3.36 million current LCU per person in 2025.
- What is the lowest gross capital formation (current lcu), per capita recorded in Iceland?
- The lowest recorded value was 630.46 current LCU per person in 1970.
- How does Iceland rank for gross capital formation (current lcu), per capita?
- Iceland ranks 15th out of 187 countries with data for 2025.
- Is gross capital formation (current lcu), per capita rising or falling in Iceland?
- Over the last ten years it is up 147.7%. 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 (current LCU), 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 (current LCU) 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 (current LCU) ÷ 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 (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.