Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Iceland

Iceland: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 147.93 USD in 2024. ▲ Rising

Latest (2024)
147.93 USD
Change on year
up 5.3%
World rank
21st
of 200 countries
All-time high
147.93 USD
in 2024
All-time low
16.48 USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Iceland, 1970–2024

050100150197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in USD.

Analysis

The most recent figure for gross fixed capital formation deflator — value us$, 2015 prices in Iceland is 147.93 USD, measured in 2024. That is the highest value across all 55 years on record.

The figure is up 5.3% on the previous year and up 34.5% over ten years.

Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Iceland peaked at 147.93 USD in 2024 and was at its lowest, 16.48 USD, in 1970.

Iceland ranks 21st of 200 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 55 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 31.85 USD 16.48 USD 49.1 USD 10
1980s 52.67 USD 40.55 USD 66.34 USD 10
1990s 75.26 USD 69.75 USD 79.17 USD 10
2000s 93.08 USD 64.56 USD 124.2 USD 10
2010s 109.26 USD 96.2 USD 126.88 USD 10
2020s 132.36 USD 114.33 USD 147.93 USD 5

Countries ranked near Iceland

  1. 18 Equatorial Guinea 148.93 USD compare
  2. 19 Netherlands Antilles (former) 148.4 USD compare
  3. 20 Sierra Leone 148.36 USD compare
  4. 22 Guinea 145.07 USD compare
  5. 23 Czechia 143.89 USD compare
  6. 24 Armenia 142.35 USD compare

See the full ranking of 245 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gross fixed capital formation deflator — value us$, 2015 prices in Iceland?
Gross fixed capital formation deflator — value us$, 2015 prices in Iceland was 147.93 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Iceland?
The highest recorded value was 147.93 USD in 2024.
What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Iceland?
The lowest recorded value was 16.48 USD in 1970.
How does Iceland rank for gross fixed capital formation deflator — value us$, 2015 prices?
Iceland ranks 21st out of 200 countries with data for 2024.
Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Iceland?
Over the last ten years it is up 34.5%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 20 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-us-2015-prices/iceland/

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About this data

Indicator
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
245 places, 12,527 data points, 1970–2024
Last refreshed

The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).