Gross fixed capital formation (constant 2015 US$), per unit of GDP in Iceland
Iceland: Gross fixed capital formation (constant 2015 US$), per unit of GDP was 0.1618 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
0.1618 constant 2015 US$ per US$ of GDP
Change on year
down 10.5%
World rank
103rd
of 161 countries
All-time high
1.88 constant 2015 US$ per US$ of GDP
in 1971
All-time low
0.1446 constant 2015 US$ per US$ of GDP
in 2010
Years of data
56
1970–2025
Gross fixed capital formation (constant 2015 US$), per unit of GDP in Iceland, 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation (constant 2015 us$), per unit of gdp in Iceland is 0.1618 constant 2015 US$ per US$ of GDP, measured in 2025.
The figure is down 10.5% on the previous year and down 15.4% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per unit of gdp in Iceland peaked at 1.88 constant 2015 US$ per US$ of GDP in 1971 and was at its lowest, 0.1446 constant 2015 US$ per US$ of GDP, in 2010.
That places Iceland 103rd 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$), per unit of GDP in Iceland, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 1.68 constant 2015 US$ per US$ of GDP | — |
| 1971 | 1.88 constant 2015 US$ per US$ of GDP | +11.9% |
| 1972 | 1.51 constant 2015 US$ per US$ of GDP | -19.5% |
| 1973 | 1.35 constant 2015 US$ per US$ of GDP | -10.9% |
| 1974 | 1.11 constant 2015 US$ per US$ of GDP | -17.8% |
| 1975 | 1.09 constant 2015 US$ per US$ of GDP | -1.8% |
| 1976 | 0.8929 constant 2015 US$ per US$ of GDP | -18.0% |
| 1977 | 0.7525 constant 2015 US$ per US$ of GDP | -15.7% |
| 1978 | 0.625 constant 2015 US$ per US$ of GDP | -16.9% |
| 1979 | 0.5404 constant 2015 US$ per US$ of GDP | -13.5% |
| 1980 | 0.5196 constant 2015 US$ per US$ of GDP | -3.8% |
| 1981 | 0.509 constant 2015 US$ per US$ of GDP | -2.0% |
| 1982 | 0.5548 constant 2015 US$ per US$ of GDP | +9.0% |
| 1983 | 0.5613 constant 2015 US$ per US$ of GDP | +1.2% |
| 1984 | 0.5928 constant 2015 US$ per US$ of GDP | +5.6% |
| 1985 | 0.5749 constant 2015 US$ per US$ of GDP | -3.0% |
| 1986 | 0.4233 constant 2015 US$ per US$ of GDP | -26.4% |
| 1987 | 0.3633 constant 2015 US$ per US$ of GDP | -14.2% |
| 1988 | 0.3278 constant 2015 US$ per US$ of GDP | -9.8% |
| 1989 | 0.3251 constant 2015 US$ per US$ of GDP | -0.8% |
| 1990 | 0.2937 constant 2015 US$ per US$ of GDP | -9.7% |
| 1991 | 0.2821 constant 2015 US$ per US$ of GDP | -4.0% |
| 1992 | 0.2467 constant 2015 US$ per US$ of GDP | -12.5% |
| 1993 | 0.2534 constant 2015 US$ per US$ of GDP | +2.7% |
| 1994 | 0.2461 constant 2015 US$ per US$ of GDP | -2.9% |
| 1995 | 0.217 constant 2015 US$ per US$ of GDP | -11.8% |
| 1996 | 0.2546 constant 2015 US$ per US$ of GDP | +17.3% |
| 1997 | 0.282 constant 2015 US$ per US$ of GDP | +10.8% |
| 1998 | 0.329 constant 2015 US$ per US$ of GDP | +16.6% |
| 1999 | 0.3016 constant 2015 US$ per US$ of GDP | -8.3% |
| 2000 | 0.3363 constant 2015 US$ per US$ of GDP | +11.5% |
| 2001 | 0.3551 constant 2015 US$ per US$ of GDP | +5.6% |
| 2002 | 0.275 constant 2015 US$ per US$ of GDP | -22.6% |
| 2003 | 0.2446 constant 2015 US$ per US$ of GDP | -11.0% |
| 2004 | 0.256 constant 2015 US$ per US$ of GDP | +4.6% |
| 2005 | 0.2715 constant 2015 US$ per US$ of GDP | +6.1% |
| 2006 | 0.3262 constant 2015 US$ per US$ of GDP | +20.1% |
| 2007 | 0.2336 constant 2015 US$ per US$ of GDP | -28.4% |
| 2008 | 0.2292 constant 2015 US$ per US$ of GDP | -1.9% |
| 2009 | 0.1663 constant 2015 US$ per US$ of GDP | -27.4% |
| 2010 | 0.1446 constant 2015 US$ per US$ of GDP | -13.1% |
| 2011 | 0.145 constant 2015 US$ per US$ of GDP | +0.3% |
| 2012 | 0.1572 constant 2015 US$ per US$ of GDP | +8.3% |
| 2013 | 0.1473 constant 2015 US$ per US$ of GDP | -6.3% |
| 2014 | 0.1546 constant 2015 US$ per US$ of GDP | +5.0% |
| 2015 | 0.1912 constant 2015 US$ per US$ of GDP | +23.6% |
| 2016 | 0.1897 constant 2015 US$ per US$ of GDP | -0.8% |
| 2017 | 0.1768 constant 2015 US$ per US$ of GDP | -6.8% |
| 2018 | 0.1707 constant 2015 US$ per US$ of GDP | -3.5% |
| 2019 | 0.1735 constant 2015 US$ per US$ of GDP | +1.6% |
| 2020 | 0.1838 constant 2015 US$ per US$ of GDP | +5.9% |
| 2021 | 0.1752 constant 2015 US$ per US$ of GDP | -4.6% |
| 2022 | 0.1817 constant 2015 US$ per US$ of GDP | +3.7% |
| 2023 | 0.1776 constant 2015 US$ per US$ of GDP | -2.3% |
| 2024 | 0.1808 constant 2015 US$ per US$ of GDP | +1.8% |
| 2025 | 0.1618 constant 2015 US$ per US$ of GDP | -10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.14 constant 2015 US$ per US$ of GDP | 0.5404 constant 2015 US$ per US$ of GDP | 1.88 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 0.4752 constant 2015 US$ per US$ of GDP | 0.3251 constant 2015 US$ per US$ of GDP | 0.5928 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.2706 constant 2015 US$ per US$ of GDP | 0.217 constant 2015 US$ per US$ of GDP | 0.329 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.2694 constant 2015 US$ per US$ of GDP | 0.1663 constant 2015 US$ per US$ of GDP | 0.3551 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.1651 constant 2015 US$ per US$ of GDP | 0.1446 constant 2015 US$ per US$ of GDP | 0.1912 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.1768 constant 2015 US$ per US$ of GDP | 0.1618 constant 2015 US$ per US$ of GDP | 0.1838 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 100 Seychelles 0.1652 constant 2015 US$ per US$ of GDP compare
- 101 Czechia 0.1645 constant 2015 US$ per US$ of GDP compare
- 102 Ghana 0.1626 constant 2015 US$ per US$ of GDP compare
- 104 Republic of Moldova 0.1603 constant 2015 US$ per US$ of GDP compare
- 105 Mexico 0.1602 constant 2015 US$ per US$ of GDP compare
- 106 Ireland 0.1597 constant 2015 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)
- 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$), per unit of gdp in Iceland?
- Gross fixed capital formation (constant 2015 us$), per unit of gdp in Iceland was 0.1618 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 1.88 constant 2015 US$ per US$ of GDP in 1971.
- What is the lowest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.1446 constant 2015 US$ per US$ of GDP in 2010.
- How does Iceland rank for gross fixed capital formation (constant 2015 us$), per unit of gdp?
- Iceland ranks 103rd out of 161 countries with data for 2025.
- Is gross fixed capital formation (constant 2015 us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 15.4%. 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 fixed capital formation (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.