Gross fixed capital formation, Private sector, Current prices in Iceland

Iceland: Gross fixed capital formation, Private sector, Current prices was 0.0668 % change on previous year in 2019. ◆ Volatile

Latest (2019)
0.0668 % change on previous year
Change on year
up 135.8%
World rank
135th
of 174 countries
All-time high
72.95 % change on previous year
in 1980
All-time low
-44.67 % change on previous year
in 2009
Years of data
59
1961–2019

Gross fixed capital formation, Private sector, Current prices in Iceland, 1961–2019

-50-250255075196119902019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Iceland recorded 0.0668 % change on previous year for gross fixed capital formation, private sector, current prices in 2019.

Compared with earlier readings it is up 135.8% on the previous year and up 100.1% over ten years.

Over the whole period, gross fixed capital formation, private sector, current prices in Iceland peaked at 72.95 % change on previous year in 1980 and was at its lowest, -44.67 % change on previous year, in 2009.

Iceland ranks 135th of 174 countries on this measure, 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, Current prices in Iceland, year by year

Annual values for Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate in Iceland, 1961 to 2019.
Year % change on previous year Change
1961 -20.02 % change on previous year —
1962 26.18 % change on previous year -230.8%
1963 42.11 % change on previous year +60.8%
1964 29.59 % change on previous year -29.7%
1965 5.88 % change on previous year -80.1%
1966 28.91 % change on previous year +391.6%
1967 15.41 % change on previous year -46.7%
1968 7.93 % change on previous year -48.5%
1969 -7.52 % change on previous year -194.8%
1970 18.83 % change on previous year -350.4%
1971 60.03 % change on previous year +218.7%
1972 20.09 % change on previous year -66.5%
1973 58.79 % change on previous year +192.6%
1974 57.59 % change on previous year -2.0%
1975 42.83 % change on previous year -25.6%
1976 20.96 % change on previous year -51.0%
1977 42.8 % change on previous year +104.1%
1978 39.92 % change on previous year -6.7%
1979 44.88 % change on previous year +12.4%
1980 72.95 % change on previous year +62.6%
1981 46.55 % change on previous year -36.2%
1982 55.43 % change on previous year +19.1%
1983 51.24 % change on previous year -7.6%
1984 32.91 % change on previous year -35.8%
1985 30.15 % change on previous year -8.4%
1986 21.69 % change on previous year -28.1%
1987 40.09 % change on previous year +84.9%
1988 12.61 % change on previous year -68.5%
1989 13.77 % change on previous year +9.2%
1990 21.05 % change on previous year +52.8%
1991 8.08 % change on previous year -61.6%
1992 -10.63 % change on previous year -231.6%
1993 -15.5 % change on previous year +45.8%
1994 5.98 % change on previous year -138.6%
1995 6.44 % change on previous year +7.6%
1996 37.52 % change on previous year +482.7%
1997 15.53 % change on previous year -58.6%
1998 34.07 % change on previous year +119.4%
1999 -3.29 % change on previous year -109.7%
2000 13.9 % change on previous year -522.8%
2001 3.93 % change on previous year -71.7%
2002 -7.28 % change on previous year -285.0%
2003 15.26 % change on previous year -309.7%
2004 29.11 % change on previous year +90.8%
2005 40.63 % change on previous year +39.6%
2006 38.8 % change on previous year -4.5%
2007 -10.07 % change on previous year -125.9%
2008 -4.13 % change on previous year -59.0%
2009 -44.67 % change on previous year +981.3%
2010 -1.07 % change on previous year -97.6%
2011 23.85 % change on previous year -2330.5%
2012 11.25 % change on previous year -52.8%
2013 2.29 % change on previous year -79.6%
2014 16.99 % change on previous year +641.0%
2015 29.81 % change on previous year +75.5%
2016 20.98 % change on previous year -29.6%
2017 8.31 % change on previous year -60.4%
2018 -0.1866 % change on previous year -102.2%
2019 0.0668 % change on previous year -135.8%

Iceland compared with similar countries

  • Iceland's 0.0668 % change on previous year is below the median for high income countries, which is 4.87 % change on previous year, 1% of the median. (58 countries reporting)
  • Iceland's 0.0668 % change on previous year is below the median for Europe & Central Asia, which is 6.65 % change on previous year, 1% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Gross fixed capital formation, Private sector, Current 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.

YearChange FromTo
2011 +2330.5% -1.07 % change on previous year 23.85 % change on previous year
2009 -981.3% -4.13 % change on previous year -44.67 % change on previous year
2014 +641.0% 2.29 % change on previous year 16.99 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 14.27 % change on previous year -20.02 % change on previous year 42.11 % change on previous year 9
1970s 40.67 % change on previous year 18.83 % change on previous year 60.03 % change on previous year 10
1980s 37.74 % change on previous year 12.61 % change on previous year 72.95 % change on previous year 10
1990s 9.92 % change on previous year -15.5 % change on previous year 37.52 % change on previous year 10
2000s 7.55 % change on previous year -44.67 % change on previous year 40.63 % change on previous year 10
2010s 11.23 % change on previous year -1.07 % change on previous year 29.81 % change on previous year 10

Countries ranked near Iceland

  1. 132 Sweden 0.4924 % change on previous year compare
  2. 133 Turkey 0.2584 % change on previous year compare
  3. 134 West Bank and Gaza 0.1923 % change on previous year compare
  4. 136 Laos 0.0227 % change on previous year compare
  5. 137 Panama -0.779 % change on previous year compare
  6. 138 Papua New Guinea -0.8175 % change on previous year compare

See the full ranking of 174 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gross fixed capital formation, private sector, current prices in Iceland?
Gross fixed capital formation, private sector, current prices in Iceland was 0.0668 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross fixed capital formation, private sector, current prices recorded in Iceland?
The highest recorded value was 72.95 % change on previous year in 1980.
What is the lowest gross fixed capital formation, private sector, current prices recorded in Iceland?
The lowest recorded value was -44.67 % change on previous year in 2009.
How does Iceland rank for gross fixed capital formation, private sector, current prices?
Iceland ranks 135th out of 174 countries with data for 2019.
Is gross fixed capital formation, private sector, current prices rising or falling in Iceland?
Over the last ten years it is up 100.1%. 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, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross fixed capital formation, Private sector, Current prices in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-private-sector-current-prices-domestic-currency-annual/iceland/

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How this figure is calculated

The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
174 places, 7,735 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.