Gross capital formation (current US$), per capita (capita US) in Iceland
Iceland: Gross capital formation (current US$), per capita (capita US) was 26,128 current US$ per person in 2025. ◆ Volatile
Gross capital formation (current US$), per capita in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2025, gross capital formation (current us$), per capita in Iceland stood at 26,128 current US$ per person. That is the highest value across all 56 years on record.
The figure is up 15.9% on the previous year and up 154.4% over ten years.
Over the whole period, gross capital formation (current us$), per capita in Iceland peaked at 26,128 current US$ per person in 2025 and was at its lowest, 716.43 current US$ per person, in 1970.
That places Iceland 4th out of 187 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), per capita (capita US) in Iceland, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1970 | 716.43 current US$ per person | — |
| 1971 | 1,209 current US$ per person | +68.8% |
| 1972 | 1,273 current US$ per person | +5.2% |
| 1973 | 1,959 current US$ per person | +54.0% |
| 1974 | 2,849 current US$ per person | +45.4% |
| 1975 | 2,549 current US$ per person | -10.5% |
| 1976 | 2,429 current US$ per person | -4.7% |
| 1977 | 3,328 current US$ per person | +37.0% |
| 1978 | 3,102 current US$ per person | -6.8% |
| 1979 | 3,527 current US$ per person | +13.7% |
| 1980 | 4,464 current US$ per person | +26.5% |
| 1981 | 4,515 current US$ per person | +1.1% |
| 1982 | 4,280 current US$ per person | -5.2% |
| 1983 | 2,731 current US$ per person | -36.2% |
| 1984 | 3,085 current US$ per person | +12.9% |
| 1985 | 2,858 current US$ per person | -7.4% |
| 1986 | 3,366 current US$ per person | +17.8% |
| 1987 | 5,175 current US$ per person | +53.7% |
| 1988 | 5,671 current US$ per person | +9.6% |
| 1989 | 4,696 current US$ per person | -17.2% |
| 1990 | 5,362 current US$ per person | +14.2% |
| 1991 | 5,977 current US$ per person | +11.5% |
| 1992 | 5,466 current US$ per person | -8.5% |
| 1993 | 4,439 current US$ per person | -18.8% |
| 1994 | 4,279 current US$ per person | -3.6% |
| 1995 | 4,845 current US$ per person | +13.2% |
| 1996 | 5,732 current US$ per person | +18.3% |
| 1997 | 6,079 current US$ per person | +6.1% |
| 1998 | 8,025 current US$ per person | +32.0% |
| 1999 | 7,632 current US$ per person | -4.9% |
| 2000 | 8,002 current US$ per person | +4.8% |
| 2001 | 6,618 current US$ per person | -17.3% |
| 2002 | 6,389 current US$ per person | -3.5% |
| 2003 | 8,438 current US$ per person | +32.1% |
| 2004 | 11,759 current US$ per person | +39.4% |
| 2005 | 16,833 current US$ per person | +43.1% |
| 2006 | 20,925 current US$ per person | +24.3% |
| 2007 | 20,899 current US$ per person | -0.1% |
| 2008 | 14,882 current US$ per person | -28.8% |
| 2009 | 6,131 current US$ per person | -58.8% |
| 2010 | 6,056 current US$ per person | -1.2% |
| 2011 | 7,390 current US$ per person | +22.0% |
| 2012 | 7,404 current US$ per person | +0.2% |
| 2013 | 7,532 current US$ per person | +1.7% |
| 2014 | 9,414 current US$ per person | +25.0% |
| 2015 | 10,270 current US$ per person | +9.1% |
| 2016 | 13,083 current US$ per person | +27.4% |
| 2017 | 15,745 current US$ per person | +20.3% |
| 2018 | 16,787 current US$ per person | +6.6% |
| 2019 | 14,000 current US$ per person | -16.6% |
| 2020 | 12,655 current US$ per person | -9.6% |
| 2021 | 16,071 current US$ per person | +27.0% |
| 2022 | 18,516 current US$ per person | +15.2% |
| 2023 | 20,900 current US$ per person | +12.9% |
| 2024 | 22,534 current US$ per person | +7.8% |
| 2025 | 26,128 current US$ per person | +16.0% |
Iceland compared with similar countries
- Iceland's 26,128 current US$ per person is above the median for high income countries, which is 9,355 current US$ per person, 2.8× the median. (67 countries reporting)
- Iceland's 26,128 current US$ per person is above the median for Europe & Central Asia, which is 6,110 current US$ per person, 4.3× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,294 current US$ per person | 716.43 current US$ per person | 3,527 current US$ per person | 10 |
| 1980s | 4,084 current US$ per person | 2,731 current US$ per person | 5,671 current US$ per person | 10 |
| 1990s | 5,784 current US$ per person | 4,279 current US$ per person | 8,025 current US$ per person | 10 |
| 2000s | 12,088 current US$ per person | 6,131 current US$ per person | 20,925 current US$ per person | 10 |
| 2010s | 10,768 current US$ per person | 6,056 current US$ per person | 16,787 current US$ per person | 10 |
| 2020s | 19,467 current US$ per person | 12,655 current US$ per person | 26,128 current US$ per person | 6 |
Countries ranked near Iceland
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation (current us$), per capita in Iceland?
- Gross capital formation (current us$), per capita in Iceland was 26,128 current US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per capita recorded in Iceland?
- The highest recorded value was 26,128 current US$ per person in 2025.
- What is the lowest gross capital formation (current us$), per capita recorded in Iceland?
- The lowest recorded value was 716.43 current US$ per person in 1970.
- How does Iceland rank for gross capital formation (current us$), per capita?
- Iceland ranks 4th out of 187 countries with data for 2025.
- Is gross capital formation (current us$), per capita rising or falling in Iceland?
- Over the last ten years it is up 154.4%. 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 (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross capital formation (current US$) 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 (current US$) ÷ Population, total
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.