Gross fixed capital formation, Private sector, Constant prices in Iceland
Iceland: Gross fixed capital formation, Private sector, Constant prices was 16.19 in 2019. ▼ Falling
Latest (2019)
16.19
Change on year
down 7.7%
World rank
74th
of 173 countries
All-time high
32.42
in 2006
All-time low
9.8
in 2010
Years of data
60
1960–2019
Gross fixed capital formation, Private sector, Constant prices in Iceland, 1960–2019
Source: International Monetary Fund.
Analysis
Iceland recorded 16.19 for gross fixed capital formation, private sector, constant prices in 2019.
The figure is down 7.7% on the previous year and up 63.0% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Iceland peaked at 32.42 in 2006 and was at its lowest, 9.8, in 2010.
Iceland ranks 74th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 60 years of available data.
Gross fixed capital formation, Private sector, Constant prices in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 24.33 | — |
| 1961 | 17.25 | -29.1% |
| 1962 | 18.21 | +5.5% |
| 1963 | 22.46 | +23.3% |
| 1964 | 24.04 | +7.0% |
| 1965 | 20.91 | -13.0% |
| 1966 | 22.72 | +8.6% |
| 1967 | 26.08 | +14.8% |
| 1968 | 25.06 | -3.9% |
| 1969 | 17.66 | -29.5% |
| 1970 | 17.2 | -2.7% |
| 1971 | 22.58 | +31.3% |
| 1972 | 21.17 | -6.3% |
| 1973 | 25.13 | +18.7% |
| 1974 | 26.25 | +4.5% |
| 1975 | 24.43 | -6.9% |
| 1976 | 22.11 | -9.5% |
| 1977 | 23.14 | +4.6% |
| 1978 | 20.85 | -9.9% |
| 1979 | 19.82 | -4.9% |
| 1980 | 21.18 | +6.9% |
| 1981 | 19.95 | -5.8% |
| 1982 | 19.4 | -2.7% |
| 1983 | 17.16 | -11.6% |
| 1984 | 18.38 | +7.1% |
| 1985 | 17.72 | -3.6% |
| 1986 | 16.5 | -6.9% |
| 1987 | 18.33 | +11.1% |
| 1988 | 17.41 | -5.0% |
| 1989 | 15.66 | -10.1% |
| 1990 | 16.16 | +3.2% |
| 1991 | 16.39 | +1.4% |
| 1992 | 14.84 | -9.5% |
| 1993 | 11.96 | -19.4% |
| 1994 | 11.77 | -1.5% |
| 1995 | 12.14 | +3.1% |
| 1996 | 15.39 | +26.8% |
| 1997 | 16.42 | +6.6% |
| 1998 | 19.02 | +15.9% |
| 1999 | 18.4 | -3.3% |
| 2000 | 19.64 | +6.7% |
| 2001 | 17.7 | -9.9% |
| 2002 | 15.69 | -11.3% |
| 2003 | 17.4 | +10.9% |
| 2004 | 20.45 | +17.6% |
| 2005 | 27.43 | +34.1% |
| 2006 | 32.42 | +18.2% |
| 2007 | 25.28 | -22.0% |
| 2008 | 19.64 | -22.3% |
| 2009 | 9.93 | -49.4% |
| 2010 | 9.8 | -1.3% |
| 2011 | 11.53 | +17.7% |
| 2012 | 12.25 | +6.2% |
| 2013 | 11.8 | -3.7% |
| 2014 | 13.48 | +14.2% |
| 2015 | 16.24 | +20.5% |
| 2016 | 18.36 | +13.1% |
| 2017 | 19.28 | +5.0% |
| 2018 | 17.55 | -9.0% |
| 2019 | 16.19 | -7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.87 | 17.25 | 26.08 | 10 |
| 1970s | 22.27 | 17.2 | 26.25 | 10 |
| 1980s | 18.17 | 15.66 | 21.18 | 10 |
| 1990s | 15.25 | 11.77 | 19.02 | 10 |
| 2000s | 20.56 | 9.93 | 32.42 | 10 |
| 2010s | 14.65 | 9.8 | 19.28 | 10 |
Countries ranked near Iceland
- 71 Algeria 16.34 compare
- 72 Tanzania, United Republic of 16.27 compare
- 73 Taiwan, China 16.19 compare
- 75 Portugal 16.02 compare
- 76 Hong Kong, China 15.99 compare
- 77 Belarus 15.94 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)
- Final consumption expenditure (constant 2015 US$), per capita 45,300 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 17.4 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 100,546 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 9.3 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 131.34 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 12.91 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.92 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Iceland?
- Gross fixed capital formation, private sector, constant prices in Iceland was 16.19 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Iceland?
- The highest recorded value was 32.42 in 2006.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Iceland?
- The lowest recorded value was 9.8 in 2010.
- How does Iceland rank for gross fixed capital formation, private sector, constant prices?
- Iceland ranks 74th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Iceland?
- Over the last ten years it is up 63.0%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.