Gross fixed capital formation, Private sector, Constant prices in Iceland
Iceland: Gross fixed capital formation, Private sector, Constant prices was -5.94 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Iceland, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, gross fixed capital formation, private sector, constant prices in Iceland stood at -5.94 % change on previous year.
That represents a change of down 8.5% on the previous year and up 88.8% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Iceland peaked at 48.49 % change on previous year in 1971 and was at its lowest, -52.87 % change on previous year, in 2009.
That places Iceland 146th out of 173 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Constant prices in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -29.14 % change on previous year | — |
| 1962 | 14.32 % change on previous year | -149.1% |
| 1963 | 36.01 % change on previous year | +151.4% |
| 1964 | 17.65 % change on previous year | -51.0% |
| 1965 | -6.67 % change on previous year | -137.8% |
| 1966 | 18.12 % change on previous year | -371.8% |
| 1967 | 13.37 % change on previous year | -26.2% |
| 1968 | -9.2 % change on previous year | -168.8% |
| 1969 | -27.83 % change on previous year | +202.6% |
| 1970 | 4.61 % change on previous year | -116.6% |
| 1971 | 48.49 % change on previous year | +951.8% |
| 1972 | -0.4932 % change on previous year | -101.0% |
| 1973 | 26.83 % change on previous year | -5539.7% |
| 1974 | 10.41 % change on previous year | -61.2% |
| 1975 | -6.32 % change on previous year | -160.7% |
| 1976 | -4.12 % change on previous year | -34.9% |
| 1977 | 13.86 % change on previous year | -436.8% |
| 1978 | -4.47 % change on previous year | -132.2% |
| 1979 | -0.3227 % change on previous year | -92.8% |
| 1980 | 13.01 % change on previous year | -4131.7% |
| 1981 | -1.79 % change on previous year | -113.8% |
| 1982 | -0.632 % change on previous year | -64.8% |
| 1983 | -13.48 % change on previous year | +2033.2% |
| 1984 | 11.55 % change on previous year | -185.7% |
| 1985 | -0.3988 % change on previous year | -103.5% |
| 1986 | -1.06 % change on previous year | +166.0% |
| 1987 | 20.61 % change on previous year | -2043.5% |
| 1988 | -5.1 % change on previous year | -124.8% |
| 1989 | -9.82 % change on previous year | +92.4% |
| 1990 | 4.4 % change on previous year | -144.9% |
| 1991 | 1.18 % change on previous year | -73.3% |
| 1992 | -12.53 % change on previous year | -1166.0% |
| 1993 | -18.36 % change on previous year | +46.5% |
| 1994 | 2.03 % change on previous year | -111.1% |
| 1995 | 3.25 % change on previous year | +59.8% |
| 1996 | 32.59 % change on previous year | +904.0% |
| 1997 | 12.78 % change on previous year | -60.8% |
| 1998 | 31.73 % change on previous year | +148.3% |
| 1999 | -5.21 % change on previous year | -116.4% |
| 2000 | 11.96 % change on previous year | -329.7% |
| 2001 | -6.34 % change on previous year | -153.0% |
| 2002 | -10.75 % change on previous year | +69.6% |
| 2003 | 13.38 % change on previous year | -224.5% |
| 2004 | 27.01 % change on previous year | +101.9% |
| 2005 | 42.59 % change on previous year | +57.7% |
| 2006 | 24.42 % change on previous year | -42.7% |
| 2007 | -14.74 % change on previous year | -160.4% |
| 2008 | -20.76 % change on previous year | +40.9% |
| 2009 | -52.87 % change on previous year | +154.6% |
| 2010 | -4.7 % change on previous year | -91.1% |
| 2011 | 19.92 % change on previous year | -524.2% |
| 2012 | 7.59 % change on previous year | -61.9% |
| 2013 | 0.2977 % change on previous year | -96.1% |
| 2014 | 16.6 % change on previous year | +5475.1% |
| 2015 | 26.21 % change on previous year | +57.9% |
| 2016 | 20.58 % change on previous year | -21.5% |
| 2017 | 9.73 % change on previous year | -52.7% |
| 2018 | -5.48 % change on previous year | -156.3% |
| 2019 | -5.94 % change on previous year | +8.5% |
Iceland compared with similar countries
- Iceland's -5.94 % change on previous year is below the median for high income countries, which is 2.69 % change on previous year. (58 countries reporting)
- Iceland's -5.94 % change on previous year is below the median for Europe & Central Asia, which is 5.1 % change on previous year. (46 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Constant prices in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1973 | +5539.7% | -0.4932 % change on previous year | 26.83 % change on previous year |
| 2014 | +5475.1% | 0.2977 % change on previous year | 16.6 % change on previous year |
| 1980 | +4131.7% | -0.3227 % change on previous year | 13.01 % change on previous year |
| 1987 | +2043.5% | -1.06 % change on previous year | 20.61 % change on previous year |
| 1983 | -2033.2% | -0.632 % change on previous year | -13.48 % change on previous year |
| 1992 | -1166.0% | 1.18 % change on previous year | -12.53 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.96 % change on previous year | -29.14 % change on previous year | 36.01 % change on previous year | 9 |
| 1970s | 8.85 % change on previous year | -6.32 % change on previous year | 48.49 % change on previous year | 10 |
| 1980s | 1.29 % change on previous year | -13.48 % change on previous year | 20.61 % change on previous year | 10 |
| 1990s | 5.19 % change on previous year | -18.36 % change on previous year | 32.59 % change on previous year | 10 |
| 2000s | 1.39 % change on previous year | -52.87 % change on previous year | 42.59 % change on previous year | 10 |
| 2010s | 8.48 % change on previous year | -5.94 % change on previous year | 26.21 % change on previous year | 10 |
Countries ranked near Iceland
- 143 Kuwait -4.96 % change on previous year compare
- 144 South Korea -5.3 % change on previous year compare
- 145 Lebanon -5.4 % change on previous year compare
- 147 Honduras -6.02 % change on previous year compare
- 148 Barbados -6.36 % change on previous year compare
- 149 Antigua and Barbuda -7.18 % change on previous year 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)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0065 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 642.2 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 1,468 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % 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 -5.94 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Iceland?
- The highest recorded value was 48.49 % change on previous year in 1971.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Iceland?
- The lowest recorded value was -52.87 % change on previous year in 2009.
- How does Iceland rank for gross fixed capital formation, private sector, constant prices?
- Iceland ranks 146th 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 88.8%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, Private sector, Constant prices International Monetary Fund
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
The year-on-year percentage change in Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.