Gross fixed capital formation, Private sector, Current prices in Iceland
Iceland: Gross fixed capital formation, Private sector, Current prices was 503.65 in 2019. ◆ Volatile
Latest (2019)
503.65
Change on year
up 0.1%
World rank
69th
of 174 countries
All-time high
504.25
in 2017
All-time low
0.0221
in 1961
Years of data
60
1960–2019
Gross fixed capital formation, Private sector, Current prices in Iceland, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in Iceland stood at 503.65.
The figure is up 0.1% on the previous year and up 177.1% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Iceland peaked at 504.25 in 2017 and was at its lowest, 0.0221, in 1961.
That places Iceland 69th out of 174 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, Current prices in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.0277 | — |
| 1961 | 0.0221 | -20.0% |
| 1962 | 0.0279 | +26.2% |
| 1963 | 0.0397 | +42.1% |
| 1964 | 0.0515 | +29.6% |
| 1965 | 0.0545 | +5.9% |
| 1966 | 0.0702 | +28.9% |
| 1967 | 0.0811 | +15.4% |
| 1968 | 0.0875 | +7.9% |
| 1969 | 0.0809 | -7.5% |
| 1970 | 0.0961 | +18.8% |
| 1971 | 0.1539 | +60.0% |
| 1972 | 0.1848 | +20.1% |
| 1973 | 0.2934 | +58.8% |
| 1974 | 0.4624 | +57.6% |
| 1975 | 0.6604 | +42.8% |
| 1976 | 0.7988 | +21.0% |
| 1977 | 1.14 | +42.8% |
| 1978 | 1.6 | +39.9% |
| 1979 | 2.31 | +44.9% |
| 1980 | 4 | +73.0% |
| 1981 | 5.86 | +46.5% |
| 1982 | 9.11 | +55.4% |
| 1983 | 13.78 | +51.2% |
| 1984 | 18.31 | +32.9% |
| 1985 | 23.83 | +30.2% |
| 1986 | 29 | +21.7% |
| 1987 | 40.63 | +40.1% |
| 1988 | 45.75 | +12.6% |
| 1989 | 52.06 | +13.8% |
| 1990 | 63.01 | +21.0% |
| 1991 | 68.1 | +8.1% |
| 1992 | 60.86 | -10.6% |
| 1993 | 51.43 | -15.5% |
| 1994 | 54.51 | +6.0% |
| 1995 | 58.02 | +6.4% |
| 1996 | 79.79 | +37.5% |
| 1997 | 92.18 | +15.5% |
| 1998 | 123.58 | +34.1% |
| 1999 | 119.51 | -3.3% |
| 2000 | 136.12 | +13.9% |
| 2001 | 141.48 | +3.9% |
| 2002 | 131.18 | -7.3% |
| 2003 | 151.2 | +15.3% |
| 2004 | 195.21 | +29.1% |
| 2005 | 274.51 | +40.6% |
| 2006 | 381.02 | +38.8% |
| 2007 | 342.66 | -10.1% |
| 2008 | 328.5 | -4.1% |
| 2009 | 181.75 | -44.7% |
| 2010 | 179.8 | -1.1% |
| 2011 | 222.68 | +23.8% |
| 2012 | 247.72 | +11.2% |
| 2013 | 253.4 | +2.3% |
| 2014 | 296.44 | +17.0% |
| 2015 | 384.81 | +29.8% |
| 2016 | 465.56 | +21.0% |
| 2017 | 504.25 | +8.3% |
| 2018 | 503.31 | -0.2% |
| 2019 | 503.65 | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0543 | 0.0221 | 0.0875 | 10 |
| 1970s | 0.7699 | 0.0961 | 2.31 | 10 |
| 1980s | 24.23 | 4 | 52.06 | 10 |
| 1990s | 77.1 | 51.43 | 123.58 | 10 |
| 2000s | 226.36 | 131.18 | 381.02 | 10 |
| 2010s | 356.16 | 179.8 | 504.25 | 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)
- Industry (including construction), value added (constant 2015 US$) -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1135 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 11,161 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 17.85 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1.75 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 17.85 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6623 current US$ per US$ of GDP (2025)
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 503.65 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Iceland?
- The highest recorded value was 504.25 in 2017.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Iceland?
- The lowest recorded value was 0.0221 in 1961.
- How does Iceland rank for gross fixed capital formation, private sector, current prices?
- Iceland ranks 69th 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 177.1%. 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, Current prices, Domestic currency. 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.