Gross fixed capital formation, Private sector, Constant prices in Iceland
Iceland: Gross fixed capital formation, Private sector, Constant prices was 3.24 in 2019. ◆ Volatile
Latest (2019)
3.24
Change on year
down 5.9%
World rank
129th
of 173 countries
All-time high
4.77
in 2006
All-time low
0.3932
in 1961
Years of data
60
1960–2019
Gross fixed capital formation, Private sector, Constant prices in Iceland, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, constant prices in Iceland stood at 3.24.
Compared with earlier readings it is down 5.9% on the previous year and up 113.5% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Iceland peaked at 4.77 in 2006 and was at its lowest, 0.3932, in 1961.
That places Iceland 129th out of 173 countries with data for 2019, putting it in the middle of the range.
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 | Value | Change |
|---|---|---|
| 1960 | 0.5548 | — |
| 1961 | 0.3932 | -29.1% |
| 1962 | 0.4495 | +14.3% |
| 1963 | 0.6113 | +36.0% |
| 1964 | 0.7192 | +17.7% |
| 1965 | 0.6713 | -6.7% |
| 1966 | 0.7929 | +18.1% |
| 1967 | 0.8989 | +13.4% |
| 1968 | 0.8162 | -9.2% |
| 1969 | 0.589 | -27.8% |
| 1970 | 0.6162 | +4.6% |
| 1971 | 0.915 | +48.5% |
| 1972 | 0.9105 | -0.5% |
| 1973 | 1.15 | +26.8% |
| 1974 | 1.28 | +10.4% |
| 1975 | 1.19 | -6.3% |
| 1976 | 1.15 | -4.1% |
| 1977 | 1.3 | +13.9% |
| 1978 | 1.25 | -4.5% |
| 1979 | 1.24 | -0.3% |
| 1980 | 1.4 | +13.0% |
| 1981 | 1.38 | -1.8% |
| 1982 | 1.37 | -0.6% |
| 1983 | 1.18 | -13.5% |
| 1984 | 1.32 | +11.5% |
| 1985 | 1.32 | -0.4% |
| 1986 | 1.3 | -1.1% |
| 1987 | 1.57 | +20.6% |
| 1988 | 1.49 | -5.1% |
| 1989 | 1.34 | -9.8% |
| 1990 | 1.4 | +4.4% |
| 1991 | 1.42 | +1.2% |
| 1992 | 1.24 | -12.5% |
| 1993 | 1.01 | -18.4% |
| 1994 | 1.03 | +2.0% |
| 1995 | 1.07 | +3.2% |
| 1996 | 1.42 | +32.6% |
| 1997 | 1.6 | +12.8% |
| 1998 | 2.1 | +31.7% |
| 1999 | 1.99 | -5.2% |
| 2000 | 2.23 | +12.0% |
| 2001 | 2.09 | -6.3% |
| 2002 | 1.87 | -10.7% |
| 2003 | 2.12 | +13.4% |
| 2004 | 2.69 | +27.0% |
| 2005 | 3.83 | +42.6% |
| 2006 | 4.77 | +24.4% |
| 2007 | 4.07 | -14.7% |
| 2008 | 3.22 | -20.8% |
| 2009 | 1.52 | -52.9% |
| 2010 | 1.45 | -4.7% |
| 2011 | 1.74 | +19.9% |
| 2012 | 1.87 | +7.6% |
| 2013 | 1.87 | +0.3% |
| 2014 | 2.18 | +16.6% |
| 2015 | 2.76 | +26.2% |
| 2016 | 3.32 | +20.6% |
| 2017 | 3.65 | +9.7% |
| 2018 | 3.45 | -5.5% |
| 2019 | 3.24 | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.6496 | 0.3932 | 0.8989 | 10 |
| 1970s | 1.1 | 0.6162 | 1.3 | 10 |
| 1980s | 1.37 | 1.18 | 1.57 | 10 |
| 1990s | 1.43 | 1.01 | 2.1 | 10 |
| 2000s | 2.84 | 1.52 | 4.77 | 10 |
| 2010s | 2.55 | 1.45 | 3.65 | 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 115.52 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 11.36 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5382 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 52,920 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 83.85 constant LCU 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 3.24 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 4.77 in 2006.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Iceland?
- The lowest recorded value was 0.3932 in 1961.
- How does Iceland rank for gross fixed capital formation, private sector, constant prices?
- Iceland ranks 129th 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 113.5%. The long-run trend across the full record is volatile.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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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.