Gross capital formation (current US$), per unit of GDP in Iceland
Iceland: Gross capital formation (current US$), per unit of GDP was 0.2657 current US$ per US$ of GDP in 2025. ▼ Falling
Gross capital formation (current US$), per unit of GDP in Iceland, 1970–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross capital formation (current us$), per unit of gdp in Iceland is 0.2657 current US$ per US$ of GDP, measured in 2025.
That represents a change of up 1.3% on the previous year and up 38.5% over ten years.
Over the whole period, gross capital formation (current us$), per unit of gdp in Iceland peaked at 0.3909 current US$ per US$ of GDP in 1974 and was at its lowest, 0.1383 current US$ per US$ of GDP, in 2010.
Iceland ranks 61st of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Gross capital formation (current US$), per unit of GDP in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.2687 current US$ per US$ of GDP | — |
| 1971 | 0.3593 current US$ per US$ of GDP | +33.7% |
| 1972 | 0.3063 current US$ per US$ of GDP | -14.8% |
| 1973 | 0.3482 current US$ per US$ of GDP | +13.7% |
| 1974 | 0.3909 current US$ per US$ of GDP | +12.3% |
| 1975 | 0.3816 current US$ per US$ of GDP | -2.4% |
| 1976 | 0.3095 current US$ per US$ of GDP | -18.9% |
| 1977 | 0.323 current US$ per US$ of GDP | +4.3% |
| 1978 | 0.2667 current US$ per US$ of GDP | -17.4% |
| 1979 | 0.2696 current US$ per US$ of GDP | +1.1% |
| 1980 | 0.291 current US$ per US$ of GDP | +7.9% |
| 1981 | 0.2882 current US$ per US$ of GDP | -1.0% |
| 1982 | 0.3016 current US$ per US$ of GDP | +4.7% |
| 1983 | 0.2261 current US$ per US$ of GDP | -25.0% |
| 1984 | 0.2492 current US$ per US$ of GDP | +10.2% |
| 1985 | 0.2234 current US$ per US$ of GDP | -10.4% |
| 1986 | 0.1982 current US$ per US$ of GDP | -11.3% |
| 1987 | 0.2227 current US$ per US$ of GDP | +12.3% |
| 1988 | 0.2241 current US$ per US$ of GDP | +0.6% |
| 1989 | 0.2023 current US$ per US$ of GDP | -9.7% |
| 1990 | 0.2041 current US$ per US$ of GDP | +0.9% |
| 1991 | 0.2155 current US$ per US$ of GDP | +5.6% |
| 1992 | 0.1947 current US$ per US$ of GDP | -9.6% |
| 1993 | 0.1819 current US$ per US$ of GDP | -6.6% |
| 1994 | 0.1722 current US$ per US$ of GDP | -5.4% |
| 1995 | 0.1758 current US$ per US$ of GDP | +2.1% |
| 1996 | 0.2006 current US$ per US$ of GDP | +14.1% |
| 1997 | 0.2136 current US$ per US$ of GDP | +6.5% |
| 1998 | 0.2546 current US$ per US$ of GDP | +19.2% |
| 1999 | 0.2325 current US$ per US$ of GDP | -8.7% |
| 2000 | 0.2462 current US$ per US$ of GDP | +5.9% |
| 2001 | 0.2266 current US$ per US$ of GDP | -8.0% |
| 2002 | 0.1951 current US$ per US$ of GDP | -13.9% |
| 2003 | 0.2113 current US$ per US$ of GDP | +8.3% |
| 2004 | 0.246 current US$ per US$ of GDP | +16.4% |
| 2005 | 0.2913 current US$ per US$ of GDP | +18.4% |
| 2006 | 0.3597 current US$ per US$ of GDP | +23.5% |
| 2007 | 0.2965 current US$ per US$ of GDP | -17.6% |
| 2008 | 0.2589 current US$ per US$ of GDP | -12.7% |
| 2009 | 0.1478 current US$ per US$ of GDP | -42.9% |
| 2010 | 0.1383 current US$ per US$ of GDP | -6.4% |
| 2011 | 0.1531 current US$ per US$ of GDP | +10.7% |
| 2012 | 0.1589 current US$ per US$ of GDP | +3.8% |
| 2013 | 0.1501 current US$ per US$ of GDP | -5.5% |
| 2014 | 0.1707 current US$ per US$ of GDP | +13.7% |
| 2015 | 0.1919 current US$ per US$ of GDP | +12.4% |
| 2016 | 0.2082 current US$ per US$ of GDP | +8.5% |
| 2017 | 0.2158 current US$ per US$ of GDP | +3.7% |
| 2018 | 0.222 current US$ per US$ of GDP | +2.9% |
| 2019 | 0.202 current US$ per US$ of GDP | -9.0% |
| 2020 | 0.2105 current US$ per US$ of GDP | +4.2% |
| 2021 | 0.2282 current US$ per US$ of GDP | +8.4% |
| 2022 | 0.2424 current US$ per US$ of GDP | +6.2% |
| 2023 | 0.2542 current US$ per US$ of GDP | +4.9% |
| 2024 | 0.2624 current US$ per US$ of GDP | +3.2% |
| 2025 | 0.2657 current US$ per US$ of GDP | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3224 current US$ per US$ of GDP | 0.2667 current US$ per US$ of GDP | 0.3909 current US$ per US$ of GDP | 10 |
| 1980s | 0.2427 current US$ per US$ of GDP | 0.1982 current US$ per US$ of GDP | 0.3016 current US$ per US$ of GDP | 10 |
| 1990s | 0.2045 current US$ per US$ of GDP | 0.1722 current US$ per US$ of GDP | 0.2546 current US$ per US$ of GDP | 10 |
| 2000s | 0.2479 current US$ per US$ of GDP | 0.1478 current US$ per US$ of GDP | 0.3597 current US$ per US$ of GDP | 10 |
| 2010s | 0.1811 current US$ per US$ of GDP | 0.1383 current US$ per US$ of GDP | 0.222 current US$ per US$ of GDP | 10 |
| 2020s | 0.2439 current US$ per US$ of GDP | 0.2105 current US$ per US$ of GDP | 0.2657 current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 58 Bahamas 0.2681 current US$ per US$ of GDP compare
- 59 Czechia 0.2676 current US$ per US$ of GDP compare
- 60 United Arab Emirates 0.2664 current US$ per US$ of GDP compare
- 62 Tonga 0.2639 current US$ per US$ of GDP compare
- 63 El Salvador 0.2633 current US$ per US$ of GDP compare
- 64 Vanuatu 0.2609 current 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 (current US$), annual growth rate 17.72 % change on previous year (2025)
- Gross capital formation (current US$), 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$), per unit of gdp in Iceland?
- Gross capital formation (current us$), per unit of gdp in Iceland was 0.2657 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.3909 current US$ per US$ of GDP in 1974.
- What is the lowest gross capital formation (current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.1383 current US$ per US$ of GDP in 2010.
- How does Iceland rank for gross capital formation (current us$), per unit of gdp?
- Iceland ranks 61st out of 187 countries with data for 2025.
- Is gross capital formation (current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is up 38.5%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.