Gross capital formation (current US$), annual growth rate in Iceland
Iceland: Gross capital formation (current US$), annual growth rate was 17.72 % change on previous year in 2025. ◆ Volatile
Latest (2025)
17.72 % change on previous year
Change on year
up 120.0%
World rank
45th
of 186 countries
All-time high
70.18 % change on previous year
in 1971
All-time low
-58.66 % change on previous year
in 2009
Years of data
55
1971–2025
Gross capital formation (current US$), annual growth rate in Iceland, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross capital formation (current us$), annual growth rate in Iceland stood at 17.72 % change on previous year.
That represents a change of up 120.0% on the previous year and up 73.3% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in Iceland peaked at 70.18 % change on previous year in 1971 and was at its lowest, -58.66 % change on previous year, in 2009.
That places Iceland 45th out of 186 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 70.18 % change on previous year | — |
| 1972 | 6.78 % change on previous year | -90.3% |
| 1973 | 56.32 % change on previous year | +731.0% |
| 1974 | 47.36 % change on previous year | -15.9% |
| 1975 | -9.37 % change on previous year | -119.8% |
| 1976 | -3.74 % change on previous year | -60.1% |
| 1977 | 38.03 % change on previous year | -1116.5% |
| 1978 | -6.07 % change on previous year | -116.0% |
| 1979 | 14.83 % change on previous year | -344.2% |
| 1980 | 27.89 % change on previous year | +88.1% |
| 1981 | 2.31 % change on previous year | -91.7% |
| 1982 | -3.92 % change on previous year | -269.9% |
| 1983 | -35.34 % change on previous year | +802.1% |
| 1984 | 14.16 % change on previous year | -140.1% |
| 1985 | -6.62 % change on previous year | -146.8% |
| 1986 | 18.65 % change on previous year | -381.6% |
| 1987 | 55.42 % change on previous year | +197.2% |
| 1988 | 11.33 % change on previous year | -79.6% |
| 1989 | -16.16 % change on previous year | -242.7% |
| 1990 | 15.08 % change on previous year | -193.3% |
| 1991 | 12.75 % change on previous year | -15.4% |
| 1992 | -7.38 % change on previous year | -157.9% |
| 1993 | -17.96 % change on previous year | +143.4% |
| 1994 | -2.76 % change on previous year | -84.7% |
| 1995 | 13.83 % change on previous year | -601.9% |
| 1996 | 18.96 % change on previous year | +37.0% |
| 1997 | 6.92 % change on previous year | -63.5% |
| 1998 | 33.44 % change on previous year | +383.0% |
| 1999 | -3.74 % change on previous year | -111.2% |
| 2000 | 6.29 % change on previous year | -268.2% |
| 2001 | -16.2 % change on previous year | -357.4% |
| 2002 | -2.59 % change on previous year | -84.0% |
| 2003 | 32.99 % change on previous year | -1375.6% |
| 2004 | 40.58 % change on previous year | +23.0% |
| 2005 | 45.43 % change on previous year | +11.9% |
| 2006 | 27.26 % change on previous year | -40.0% |
| 2007 | 2.43 % change on previous year | -91.1% |
| 2008 | -27.45 % change on previous year | -1228.0% |
| 2009 | -58.66 % change on previous year | +113.7% |
| 2010 | -1.37 % change on previous year | -97.7% |
| 2011 | 22.4 % change on previous year | -1734.0% |
| 2012 | 0.7254 % change on previous year | -96.8% |
| 2013 | 2.69 % change on previous year | +271.2% |
| 2014 | 26.39 % change on previous year | +880.4% |
| 2015 | 10.23 % change on previous year | -61.3% |
| 2016 | 29.18 % change on previous year | +185.4% |
| 2017 | 23.2 % change on previous year | -20.5% |
| 2018 | 9.51 % change on previous year | -59.0% |
| 2019 | -14.75 % change on previous year | -255.0% |
| 2020 | -8.13 % change on previous year | -44.9% |
| 2021 | 29.09 % change on previous year | -457.8% |
| 2022 | 18.15 % change on previous year | -37.6% |
| 2023 | 13.96 % change on previous year | -23.1% |
| 2024 | 8.06 % change on previous year | -42.3% |
| 2025 | 17.72 % change on previous year | +120.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.81 % change on previous year | -9.37 % change on previous year | 70.18 % change on previous year | 9 |
| 1980s | 6.77 % change on previous year | -35.34 % change on previous year | 55.42 % change on previous year | 10 |
| 1990s | 6.91 % change on previous year | -17.96 % change on previous year | 33.44 % change on previous year | 10 |
| 2000s | 5.01 % change on previous year | -58.66 % change on previous year | 45.43 % change on previous year | 10 |
| 2010s | 10.82 % change on previous year | -14.75 % change on previous year | 29.18 % change on previous year | 10 |
| 2020s | 13.14 % change on previous year | -8.13 % change on previous year | 29.09 % change on previous year | 6 |
Countries ranked near Iceland
- 42 Pakistan 18.56 % change on previous year compare
- 43 Peru 18.33 % change on previous year compare
- 44 Marshall Islands 18.24 % change on previous year compare
- 46 Nicaragua 17.51 % change on previous year compare
- 47 Algeria 17.39 % change on previous year compare
- 48 Tanzania, United Republic of 16.97 % 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 (current US$), per unit of GDP 0.2657 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 26,128 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 9.6 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 34.13 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 3.36 million current LCU per person (2025)
- 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)
- Gross capital formation (constant 2015 US$), per capita 15,584 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross capital formation (current us$), annual growth rate in Iceland?
- Gross capital formation (current us$), annual growth rate in Iceland was 17.72 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in Iceland?
- The highest recorded value was 70.18 % change on previous year in 1971.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in Iceland?
- The lowest recorded value was -58.66 % change on previous year in 2009.
- How does Iceland rank for gross capital formation (current us$), annual growth rate?
- Iceland ranks 45th out of 186 countries with data for 2025.
- Is gross capital formation (current us$), annual growth rate rising or falling in Iceland?
- Over the last ten years it is up 73.3%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.