Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Iceland

Iceland: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 7.46 % change on previous year in 2024. ◆ Volatile

Latest (2024)
7.46 % change on previous year
Change on year
up 364.2%
World rank
35th
of 222 countries
All-time high
42.35 % change on previous year
in 1971
All-time low
-47.46 % change on previous year
in 2009
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Iceland, 1971–2024

-40-2002040197119972024

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

Analysis

The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Iceland is 7.46 % change on previous year, measured in 2024.

The figure is up 364.2% on the previous year and down 53.8% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Iceland peaked at 42.35 % change on previous year in 1971 and was at its lowest, -47.46 % change on previous year, in 2009.

That places Iceland 35th out of 222 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Iceland, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate in Iceland, 1971 to 2024.
Year % change on previous year Change
1971 42.35 % change on previous year
1972 0.8754 % change on previous year -97.9%
1973 22.43 % change on previous year +2462.7%
1974 7.92 % change on previous year -64.7%
1975 -8.82 % change on previous year -211.3%
1976 -2.72 % change on previous year -69.2%
1977 11.49 % change on previous year -522.8%
1978 -5.54 % change on previous year -148.2%
1979 -1.77 % change on previous year -68.1%
1980 13.95 % change on previous year -887.9%
1981 1.18 % change on previous year -91.5%
1982 0.0626 % change on previous year -94.7%
1983 -12.73 % change on previous year -20427.5%
1984 9.37 % change on previous year -173.6%
1985 1.03 % change on previous year -89.0%
1986 -1.55 % change on previous year -250.9%
1987 18.76 % change on previous year -1309.0%
1988 -0.2041 % change on previous year -101.1%
1989 -7.86 % change on previous year +3753.0%
1990 3.01 % change on previous year -138.3%
1991 2.59 % change on previous year -14.0%
1992 -10.35 % change on previous year -499.9%
1993 -9.8 % change on previous year -5.3%
1994 -0.2105 % change on previous year -97.9%
1995 -1.71 % change on previous year +713.4%
1996 22.32 % change on previous year -1403.1%
1997 11.22 % change on previous year -49.7%
1998 30.57 % change on previous year +172.4%
1999 -3.33 % change on previous year -110.9%
2000 11.92 % change on previous year -457.6%
2001 -3.86 % change on previous year -132.4%
2002 -12.38 % change on previous year +220.6%
2003 9.25 % change on previous year -174.7%
2004 26.34 % change on previous year +184.7%
2005 30.24 % change on previous year +14.8%
2006 23.82 % change on previous year -21.3%
2007 -11.01 % change on previous year -146.2%
2008 -18.46 % change on previous year +67.6%
2009 -47.46 % change on previous year +157.1%
2010 -8.41 % change on previous year -82.3%
2011 10.93 % change on previous year -229.9%
2012 5.14 % change on previous year -53.0%
2013 2.23 % change on previous year -56.6%
2014 16.14 % change on previous year +623.1%
2015 21.48 % change on previous year +33.1%
2016 17.99 % change on previous year -16.3%
2017 10.57 % change on previous year -41.3%
2018 2.3 % change on previous year -78.2%
2019 -4.1 % change on previous year -277.9%
2020 -7.39 % change on previous year +80.2%
2021 14.32 % change on previous year -293.9%
2022 15.68 % change on previous year +9.4%
2023 1.61 % change on previous year -89.8%
2024 7.46 % change on previous year +364.2%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 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
1983 -20427.5% 0.0626 % change on previous year -12.73 % change on previous year
1989 -3753.0% -0.2041 % change on previous year -7.86 % change on previous year
1973 +2462.7% 0.8754 % change on previous year 22.43 % change on previous year
1996 +1403.1% -1.71 % change on previous year 22.32 % change on previous year
1987 +1309.0% -1.55 % change on previous year 18.76 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 7.36 % change on previous year -8.82 % change on previous year 42.35 % change on previous year 9
1980s 2.2 % change on previous year -12.73 % change on previous year 18.76 % change on previous year 10
1990s 4.43 % change on previous year -10.35 % change on previous year 30.57 % change on previous year 10
2000s 0.8407 % change on previous year -47.46 % change on previous year 30.24 % change on previous year 10
2010s 7.43 % change on previous year -8.41 % change on previous year 21.48 % change on previous year 10
2020s 6.34 % change on previous year -7.39 % change on previous year 15.68 % change on previous year 5

Countries ranked near Iceland

  1. 32 Belarus 7.79 % change on previous year compare
  2. 33 Gabon 7.61 % change on previous year compare
  3. 34 Mozambique 7.55 % change on previous year compare
  4. 36 Brazil 7.29 % change on previous year compare
  5. 37 Sint Maarten (Dutch part) 7.24 % change on previous year compare
  6. 38 Angola 7.22 % change on previous year compare

See the full ranking of 223 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, 2015 in Iceland?
Gross fixed capital formation — value standard local currency, 2015 in Iceland was 7.46 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Iceland?
The highest recorded value was 42.35 % change on previous year in 1971.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Iceland?
The lowest recorded value was -47.46 % change on previous year in 2009.
How does Iceland rank for gross fixed capital formation — value standard local currency, 2015?
Iceland ranks 35th out of 222 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Iceland?
Over the last ten years it is down 53.8%. 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 — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-annual-growth-rate/iceland/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. 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 — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
223 places, 11,242 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.