Gross fixed capital formation (constant 2015 US$), annual growth rate in Iceland
Iceland: Gross fixed capital formation (constant 2015 US$), annual growth rate was 4.04 % change on previous year in 2025. ◆ Volatile
Latest (2025)
4.04 % change on previous year
Change on year
down 38.3%
World rank
87th
of 161 countries
All-time high
42.35 % change on previous year
in 1971
All-time low
-47.46 % change on previous year
in 2009
Years of data
55
1971–2025
Gross fixed capital formation (constant 2015 US$), annual growth rate in Iceland, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross fixed capital formation (constant 2015 us$), annual growth rate in Iceland stood at 4.04 % change on previous year.
That represents a change of down 38.3% on the previous year and down 81.0% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), annual growth rate in Iceland peaked at 42.35 % change on previous year in 1971 and was at its lowest, -47.46 % change on previous year, in 2009.
That places Iceland 87th out of 161 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (constant 2015 US$), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 42.35 % change on previous year | — |
| 1972 | 0.8752 % change on previous year | -97.9% |
| 1973 | 22.43 % change on previous year | +2463.4% |
| 1974 | 7.92 % change on previous year | -64.7% |
| 1975 | -8.82 % change on previous year | -211.3% |
| 1976 | -2.72 % change on previous year | -69.2% |
| 1977 | 11.49 % change on previous year | -522.8% |
| 1978 | -5.54 % change on previous year | -148.2% |
| 1979 | -1.77 % change on previous year | -68.1% |
| 1980 | 13.95 % change on previous year | -887.8% |
| 1981 | 1.18 % change on previous year | -91.5% |
| 1982 | 0.0625 % change on previous year | -94.7% |
| 1983 | -12.73 % change on previous year | -20464.7% |
| 1984 | 9.37 % change on previous year | -173.6% |
| 1985 | 1.03 % change on previous year | -89.0% |
| 1986 | -1.55 % change on previous year | -250.8% |
| 1987 | 18.76 % change on previous year | -1309.1% |
| 1988 | -0.2043 % change on previous year | -101.1% |
| 1989 | -7.86 % change on previous year | +3750.3% |
| 1990 | 3.01 % change on previous year | -138.3% |
| 1991 | 2.59 % change on previous year | -14.0% |
| 1992 | -10.35 % change on previous year | -500.0% |
| 1993 | -9.8 % change on previous year | -5.3% |
| 1994 | -0.2103 % change on previous year | -97.9% |
| 1995 | -1.71 % change on previous year | +714.2% |
| 1996 | 22.32 % change on previous year | -1403.2% |
| 1997 | 11.22 % change on previous year | -49.7% |
| 1998 | 30.57 % change on previous year | +172.4% |
| 1999 | -3.33 % change on previous year | -110.9% |
| 2000 | 11.92 % change on previous year | -457.6% |
| 2001 | -3.86 % change on previous year | -132.4% |
| 2002 | -12.38 % change on previous year | +220.6% |
| 2003 | 9.25 % change on previous year | -174.7% |
| 2004 | 26.34 % change on previous year | +184.7% |
| 2005 | 30.24 % change on previous year | +14.8% |
| 2006 | 23.82 % change on previous year | -21.3% |
| 2007 | -11.01 % change on previous year | -146.2% |
| 2008 | -18.46 % change on previous year | +67.6% |
| 2009 | -47.46 % change on previous year | +157.1% |
| 2010 | -8.41 % change on previous year | -82.3% |
| 2011 | 10.93 % change on previous year | -229.9% |
| 2012 | 5.18 % change on previous year | -52.6% |
| 2013 | 1.91 % change on previous year | -63.2% |
| 2014 | 16.65 % change on previous year | +773.2% |
| 2015 | 21.21 % change on previous year | +27.4% |
| 2016 | 18.2 % change on previous year | -14.2% |
| 2017 | 10.77 % change on previous year | -40.8% |
| 2018 | 2.77 % change on previous year | -74.3% |
| 2019 | -4.81 % change on previous year | -273.7% |
| 2020 | -6.57 % change on previous year | +36.6% |
| 2021 | 13.54 % change on previous year | -306.0% |
| 2022 | 15.32 % change on previous year | +13.2% |
| 2023 | 6.2 % change on previous year | -59.5% |
| 2024 | 6.55 % change on previous year | +5.5% |
| 2025 | 4.04 % change on previous year | -38.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.36 % change on previous year | -8.82 % change on previous year | 42.35 % change on previous year | 9 |
| 1980s | 2.2 % change on previous year | -12.73 % change on previous year | 18.76 % change on previous year | 10 |
| 1990s | 4.43 % change on previous year | -10.35 % change on previous year | 30.57 % change on previous year | 10 |
| 2000s | 0.8407 % change on previous year | -47.46 % change on previous year | 30.24 % change on previous year | 10 |
| 2010s | 7.44 % change on previous year | -8.41 % change on previous year | 21.21 % change on previous year | 10 |
| 2020s | 6.51 % change on previous year | -6.57 % change on previous year | 15.32 % change on previous year | 6 |
Countries ranked near Iceland
- 84 Tunisia 4.31 % change on previous year compare
- 85 United Kingdom of Great Britain and Northern Ireland 4.27 % change on previous year compare
- 86 Slovenia 4.08 % change on previous year compare
- 88 Costa Rica 3.92 % change on previous year compare
- 89 Comoros 3.79 % change on previous year compare
- 90 Guinea-Bissau 3.73 % 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)
- Exports of goods and services (current LCU), annual growth rate 2.27 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 51.52 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 5.07 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 0.9908 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.274 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 26,937 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 15.75 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2666 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), annual growth rate in Iceland?
- Gross fixed capital formation (constant 2015 us$), annual growth rate in Iceland was 4.04 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in Iceland?
- The highest recorded value was 42.35 % change on previous year in 1971.
- What is the lowest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in Iceland?
- The lowest recorded value was -47.46 % change on previous year in 2009.
- How does Iceland rank for gross fixed capital formation (constant 2015 us$), annual growth rate?
- Iceland ranks 87th out of 161 countries with data for 2025.
- Is gross fixed capital formation (constant 2015 us$), annual growth rate rising or falling in Iceland?
- Over the last ten years it is down 81.0%. 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 fixed capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed 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 fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.