Gross fixed capital formation (current US$), per unit of GDP in Iceland
Iceland: Gross fixed capital formation (current US$), per unit of GDP was 0.2666 current US$ per US$ of GDP in 2025. ▼ Falling
Gross fixed 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 fixed capital formation (current us$), per unit of gdp in Iceland is 0.2666 current US$ per US$ of GDP, measured in 2025.
Compared with earlier readings it is down 0.4% on the previous year and up 39.5% over ten years.
Over the whole period, gross fixed capital formation (current us$), per unit of gdp in Iceland peaked at 0.3742 current US$ per US$ of GDP in 1974 and was at its lowest, 0.1391 current US$ per US$ of GDP, in 2010.
That places Iceland 48th out of 181 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Gross fixed capital formation (current US$), per unit of GDP in Iceland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.2772 current US$ per US$ of GDP | — |
| 1971 | 0.3342 current US$ per US$ of GDP | +20.6% |
| 1972 | 0.3238 current US$ per US$ of GDP | -3.1% |
| 1973 | 0.3535 current US$ per US$ of GDP | +9.2% |
| 1974 | 0.3742 current US$ per US$ of GDP | +5.8% |
| 1975 | 0.3643 current US$ per US$ of GDP | -2.6% |
| 1976 | 0.3179 current US$ per US$ of GDP | -12.7% |
| 1977 | 0.3078 current US$ per US$ of GDP | -3.2% |
| 1978 | 0.2746 current US$ per US$ of GDP | -10.8% |
| 1979 | 0.2654 current US$ per US$ of GDP | -3.4% |
| 1980 | 0.287 current US$ per US$ of GDP | +8.2% |
| 1981 | 0.2786 current US$ per US$ of GDP | -2.9% |
| 1982 | 0.2778 current US$ per US$ of GDP | -0.3% |
| 1983 | 0.2443 current US$ per US$ of GDP | -12.1% |
| 1984 | 0.241 current US$ per US$ of GDP | -1.4% |
| 1985 | 0.2332 current US$ per US$ of GDP | -3.2% |
| 1986 | 0.2132 current US$ per US$ of GDP | -8.5% |
| 1987 | 0.2259 current US$ per US$ of GDP | +5.9% |
| 1988 | 0.2175 current US$ per US$ of GDP | -3.7% |
| 1989 | 0.2052 current US$ per US$ of GDP | -5.6% |
| 1990 | 0.2103 current US$ per US$ of GDP | +2.5% |
| 1991 | 0.2132 current US$ per US$ of GDP | +1.4% |
| 1992 | 0.1954 current US$ per US$ of GDP | -8.4% |
| 1993 | 0.1768 current US$ per US$ of GDP | -9.5% |
| 1994 | 0.1724 current US$ per US$ of GDP | -2.5% |
| 1995 | 0.1694 current US$ per US$ of GDP | -1.7% |
| 1996 | 0.2005 current US$ per US$ of GDP | +18.4% |
| 1997 | 0.2134 current US$ per US$ of GDP | +6.4% |
| 1998 | 0.2531 current US$ per US$ of GDP | +18.6% |
| 1999 | 0.2323 current US$ per US$ of GDP | -8.2% |
| 2000 | 0.2425 current US$ per US$ of GDP | +4.4% |
| 2001 | 0.2292 current US$ per US$ of GDP | -5.5% |
| 2002 | 0.196 current US$ per US$ of GDP | -14.5% |
| 2003 | 0.2118 current US$ per US$ of GDP | +8.1% |
| 2004 | 0.2464 current US$ per US$ of GDP | +16.3% |
| 2005 | 0.291 current US$ per US$ of GDP | +18.1% |
| 2006 | 0.35 current US$ per US$ of GDP | +20.3% |
| 2007 | 0.2901 current US$ per US$ of GDP | -17.1% |
| 2008 | 0.2513 current US$ per US$ of GDP | -13.4% |
| 2009 | 0.1526 current US$ per US$ of GDP | -39.2% |
| 2010 | 0.1391 current US$ per US$ of GDP | -8.9% |
| 2011 | 0.152 current US$ per US$ of GDP | +9.2% |
| 2012 | 0.1578 current US$ per US$ of GDP | +3.9% |
| 2013 | 0.1544 current US$ per US$ of GDP | -2.2% |
| 2014 | 0.1701 current US$ per US$ of GDP | +10.1% |
| 2015 | 0.1912 current US$ per US$ of GDP | +12.4% |
| 2016 | 0.2067 current US$ per US$ of GDP | +8.1% |
| 2017 | 0.2155 current US$ per US$ of GDP | +4.3% |
| 2018 | 0.2166 current US$ per US$ of GDP | +0.5% |
| 2019 | 0.206 current US$ per US$ of GDP | -4.9% |
| 2020 | 0.2101 current US$ per US$ of GDP | +2.0% |
| 2021 | 0.2249 current US$ per US$ of GDP | +7.0% |
| 2022 | 0.2376 current US$ per US$ of GDP | +5.6% |
| 2023 | 0.2493 current US$ per US$ of GDP | +4.9% |
| 2024 | 0.2678 current US$ per US$ of GDP | +7.4% |
| 2025 | 0.2666 current US$ per US$ of GDP | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3193 current US$ per US$ of GDP | 0.2654 current US$ per US$ of GDP | 0.3742 current US$ per US$ of GDP | 10 |
| 1980s | 0.2424 current US$ per US$ of GDP | 0.2052 current US$ per US$ of GDP | 0.287 current US$ per US$ of GDP | 10 |
| 1990s | 0.2037 current US$ per US$ of GDP | 0.1694 current US$ per US$ of GDP | 0.2531 current US$ per US$ of GDP | 10 |
| 2000s | 0.2461 current US$ per US$ of GDP | 0.1526 current US$ per US$ of GDP | 0.35 current US$ per US$ of GDP | 10 |
| 2010s | 0.1809 current US$ per US$ of GDP | 0.1391 current US$ per US$ of GDP | 0.2166 current US$ per US$ of GDP | 10 |
| 2020s | 0.2427 current US$ per US$ of GDP | 0.2101 current US$ per US$ of GDP | 0.2678 current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 45 Mauritania 0.2698 current US$ per US$ of GDP compare
- 46 Brunei Darussalam 0.2691 current US$ per US$ of GDP compare
- 47 Morocco 0.2681 current US$ per US$ of GDP compare
- 49 Czechia 0.2641 current US$ per US$ of GDP compare
- 50 Tonga 0.2615 current US$ per US$ of GDP compare
- 51 Switzerland 0.26 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)
- 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 capita 26,214 current US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation (current us$), per unit of gdp in Iceland?
- Gross fixed capital formation (current us$), per unit of gdp in Iceland was 0.2666 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per unit of gdp recorded in Iceland?
- The highest recorded value was 0.3742 current US$ per US$ of GDP in 1974.
- What is the lowest gross fixed capital formation (current us$), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.1391 current US$ per US$ of GDP in 2010.
- How does Iceland rank for gross fixed capital formation (current us$), per unit of gdp?
- Iceland ranks 48th out of 181 countries with data for 2025.
- Is gross fixed capital formation (current us$), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is up 39.5%. 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 fixed capital formation (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.