How does Iceland rank for gross fixed capital formation (constant lcu), per unit of gdp?

Iceland ranks 46th out of 168 countries with data for 2025.

Is gross fixed capital formation (constant lcu), 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.

Gross fixed capital formation (constant LCU), per unit of GDP in Iceland

Name: Gross fixed capital formation (constant LCU), per unit of GDP in Iceland
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Iceland: Gross fixed capital formation (constant LCU), per unit of GDP was 25.04 constant LCU per US$ of GDP in 2025. ◆ Volatile

Latest (2025)

25.04 constant LCU per US$ of GDP

Change on year

down 10.5%

World rank

46th

of 168 countries

All-time high

291.19 constant LCU per US$ of GDP

in 1971

All-time low

22.38 constant LCU per US$ of GDP

in 2010

Years of data

1970–2025

Gross fixed capital formation (constant LCU), per unit of GDP in Iceland, 1970–2025

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

Iceland recorded 25.04 constant LCU per US$ of GDP for gross fixed capital formation (constant lcu), per unit of gdp in 2025.

That represents a change of down 10.5% on the previous year and down 15.4% over ten years.

Over the whole period, gross fixed capital formation (constant lcu), per unit of gdp in Iceland peaked at 291.19 constant LCU per US$ of GDP in 1971 and was at its lowest, 22.38 constant LCU per US$ of GDP, in 2010.

That places Iceland 46th out of 168 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 LCU), per unit of GDP in Iceland, year by year

Annual values for Gross fixed capital formation (constant LCU), per unit of GDP in Iceland, 1970 to 2025.
Year	constant LCU per US$ of GDP	Change
1970	260.31 constant LCU per US$ of GDP	—
1971	291.19 constant LCU per US$ of GDP	+11.9%
1972	234.48 constant LCU per US$ of GDP	-19.5%
1973	208.8 constant LCU per US$ of GDP	-11.0%
1974	171.69 constant LCU per US$ of GDP	-17.8%
1975	168.6 constant LCU per US$ of GDP	-1.8%
1976	138.22 constant LCU per US$ of GDP	-18.0%
1977	116.49 constant LCU per US$ of GDP	-15.7%
1978	96.75 constant LCU per US$ of GDP	-16.9%
1979	83.66 constant LCU per US$ of GDP	-13.5%
1980	80.44 constant LCU per US$ of GDP	-3.8%
1981	78.79 constant LCU per US$ of GDP	-2.0%
1982	85.88 constant LCU per US$ of GDP	+9.0%
1983	86.89 constant LCU per US$ of GDP	+1.2%
1984	91.77 constant LCU per US$ of GDP	+5.6%
1985	88.99 constant LCU per US$ of GDP	-3.0%
1986	65.53 constant LCU per US$ of GDP	-26.4%
1987	56.25 constant LCU per US$ of GDP	-14.2%
1988	50.74 constant LCU per US$ of GDP	-9.8%
1989	50.33 constant LCU per US$ of GDP	-0.8%
1990	45.46 constant LCU per US$ of GDP	-9.7%
1991	43.66 constant LCU per US$ of GDP	-4.0%
1992	38.19 constant LCU per US$ of GDP	-12.5%
1993	39.23 constant LCU per US$ of GDP	+2.7%
1994	38.1 constant LCU per US$ of GDP	-2.9%
1995	33.59 constant LCU per US$ of GDP	-11.8%
1996	39.4 constant LCU per US$ of GDP	+17.3%
1997	43.66 constant LCU per US$ of GDP	+10.8%
1998	50.92 constant LCU per US$ of GDP	+16.6%
1999	46.68 constant LCU per US$ of GDP	-8.3%
2000	52.07 constant LCU per US$ of GDP	+11.5%
2001	54.97 constant LCU per US$ of GDP	+5.6%
2002	42.57 constant LCU per US$ of GDP	-22.6%
2003	37.87 constant LCU per US$ of GDP	-11.0%
2004	39.62 constant LCU per US$ of GDP	+4.6%
2005	42.03 constant LCU per US$ of GDP	+6.1%
2006	50.49 constant LCU per US$ of GDP	+20.1%
2007	36.16 constant LCU per US$ of GDP	-28.4%
2008	35.48 constant LCU per US$ of GDP	-1.9%
2009	25.75 constant LCU per US$ of GDP	-27.4%
2010	22.38 constant LCU per US$ of GDP	-13.1%
2011	22.45 constant LCU per US$ of GDP	+0.3%
2012	24.33 constant LCU per US$ of GDP	+8.3%
2013	22.81 constant LCU per US$ of GDP	-6.3%
2014	23.94 constant LCU per US$ of GDP	+5.0%
2015	29.59 constant LCU per US$ of GDP	+23.6%
2016	29.37 constant LCU per US$ of GDP	-0.8%
2017	27.37 constant LCU per US$ of GDP	-6.8%
2018	26.42 constant LCU per US$ of GDP	-3.5%
2019	26.85 constant LCU per US$ of GDP	+1.6%
2020	28.45 constant LCU per US$ of GDP	+5.9%
2021	27.13 constant LCU per US$ of GDP	-4.6%
2022	28.13 constant LCU per US$ of GDP	+3.7%
2023	27.5 constant LCU per US$ of GDP	-2.3%
2024	27.99 constant LCU per US$ of GDP	+1.8%
2025	25.04 constant LCU per US$ of GDP	-10.5%

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	177.02 constant LCU per US$ of GDP	83.66 constant LCU per US$ of GDP	291.19 constant LCU per US$ of GDP	10
1980s	73.56 constant LCU per US$ of GDP	50.33 constant LCU per US$ of GDP	91.77 constant LCU per US$ of GDP	10
1990s	41.89 constant LCU per US$ of GDP	33.59 constant LCU per US$ of GDP	50.92 constant LCU per US$ of GDP	10
2000s	41.7 constant LCU per US$ of GDP	25.75 constant LCU per US$ of GDP	54.97 constant LCU per US$ of GDP	10
2010s	25.55 constant LCU per US$ of GDP	22.38 constant LCU per US$ of GDP	29.59 constant LCU per US$ of GDP	10
2020s	27.37 constant LCU per US$ of GDP	25.04 constant LCU per US$ of GDP	28.45 constant LCU per US$ of GDP	6

Countries ranked near Iceland

43 India 26.11 constant LCU per US$ of GDP compare
44 Kazakhstan 25.72 constant LCU per US$ of GDP compare
45 Angola 25.57 constant LCU per US$ of GDP compare
47 Equatorial Guinea 24.39 constant LCU per US$ of GDP compare
48 Bangladesh 23.07 constant LCU per US$ of GDP compare
49 Albania 18.76 constant LCU per US$ of GDP compare

See the full ranking of 168 places →

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)
Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)

All data for Iceland →

Frequently asked questions

What is gross fixed capital formation (constant lcu), per unit of gdp in Iceland?: Gross fixed capital formation (constant lcu), per unit of gdp in Iceland was 25.04 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest gross fixed capital formation (constant lcu), per unit of gdp recorded in Iceland?: The highest recorded value was 291.19 constant LCU per US$ of GDP in 1971.
What is the lowest gross fixed capital formation (constant lcu), per unit of gdp recorded in Iceland?: The lowest recorded value was 22.38 constant LCU per US$ of GDP in 2010.
How does Iceland rank for gross fixed capital formation (constant lcu), per unit of gdp?: Iceland ranks 46th out of 168 countries with data for 2025.
Is gross fixed capital formation (constant lcu), 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross fixed capital formation (constant LCU), per unit of GDP in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-constant-lcu-per-unit-of-gdp/iceland/

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How this figure is calculated

Gross fixed capital formation (constant LCU) 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 LCU) ÷ 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

Indicator: Gross fixed capital formation (constant LCU), per unit of GDP
Unit: constant LCU per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 168 places, 6,954 data points, 1960–2025
Last refreshed: 22 September 2026

Gross fixed capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.