Gross fixed capital formation, Private sector … Private Percent in Iceland
Iceland: Gross fixed capital formation, Private sector … Private Percent 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 … Private Percent 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% |
Iceland compared with similar countries
- Iceland's 16.19 is below the median for high income countries, which is 18.58, 87% of the median. (58 countries reporting)
- Iceland's 16.19 is above the median for Europe & Central Asia, which is 16.1, 1.0× the median. (46 countries reporting)
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
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, 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
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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.