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
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Iceland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gross fixed capital formation deflator — value us$, 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$, 2015 prices in Iceland peaked at 147.93 USD in 2024 and was at its lowest, 16.48 USD, in 1970.
Iceland ranks 21st of 203 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Iceland, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 16.48 USD | — |
| 1971 | 17.76 USD | +7.8% |
| 1972 | 21.38 USD | +20.3% |
| 1973 | 26.21 USD | +22.6% |
| 1974 | 33.73 USD | +28.7% |
| 1975 | 33.44 USD | -0.8% |
| 1976 | 35.6 USD | +6.4% |
| 1977 | 40.89 USD | +14.9% |
| 1978 | 43.93 USD | +7.4% |
| 1979 | 49.1 USD | +11.8% |
| 1980 | 55.23 USD | +12.5% |
| 1981 | 54.73 USD | -0.9% |
| 1982 | 50.07 USD | -8.5% |
| 1983 | 43.52 USD | -13.1% |
| 1984 | 40.64 USD | -6.6% |
| 1985 | 40.55 USD | -0.2% |
| 1986 | 50.37 USD | +24.2% |
| 1987 | 62.17 USD | +23.4% |
| 1988 | 66.34 USD | +6.7% |
| 1989 | 63.12 USD | -4.9% |
| 1990 | 71.62 USD | +13.5% |
| 1991 | 75.58 USD | +5.5% |
| 1992 | 79.17 USD | +4.7% |
| 1993 | 69.75 USD | -11.9% |
| 1994 | 70.03 USD | +0.4% |
| 1995 | 78.06 USD | +11.5% |
| 1996 | 78.76 USD | +0.9% |
| 1997 | 75.67 USD | -3.9% |
| 1998 | 76.95 USD | +1.7% |
| 1999 | 77.01 USD | +0.1% |
| 2000 | 72.09 USD | -6.4% |
| 2001 | 64.56 USD | -10.4% |
| 2002 | 71.28 USD | +10.4% |
| 2003 | 86.58 USD | +21.5% |
| 2004 | 96.24 USD | +11.2% |
| 2005 | 107.18 USD | +11.4% |
| 2006 | 107.28 USD | +0.1% |
| 2007 | 124.2 USD | +15.8% |
| 2008 | 109.61 USD | -11.7% |
| 2009 | 91.77 USD | -16.3% |
| 2010 | 96.2 USD | +4.8% |
| 2011 | 104.76 USD | +8.9% |
| 2012 | 100.42 USD | -4.1% |
| 2013 | 104.82 USD | +4.4% |
| 2014 | 109.97 USD | +4.9% |
| 2015 | 100 USD | -9.1% |
| 2016 | 108.94 USD | +8.9% |
| 2017 | 121.86 USD | +11.9% |
| 2018 | 126.88 USD | +4.1% |
| 2019 | 118.73 USD | -6.4% |
| 2020 | 114.33 USD | -3.7% |
| 2021 | 128.34 USD | +12.3% |
| 2022 | 130.79 USD | +1.9% |
| 2023 | 140.43 USD | +7.4% |
| 2024 | 147.93 USD | +5.3% |
Iceland compared with similar countries
- Iceland's 147.93 USD is above the median for high income countries, which is 122.6 USD, 1.2× the median. (68 countries reporting)
- Iceland's 147.93 USD is above the median for Europe & Central Asia, which is 125.25 USD, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 18 Equatorial Guinea 148.93 USD compare
- 19 Netherlands Antilles (former) 148.4 USD compare
- 20 Sierra Leone 148.36 USD compare
- 21 Côte d'Ivoire 103.37 USD compare
- 22 Guinea 145.07 USD compare
- 23 Czechia 143.89 USD compare
- 24 Armenia 142.35 USD 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
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$, 2015 prices?
- Iceland ranks 21st out of 203 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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).