Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Iceland
Iceland: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 1.98 million SLC per person in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Iceland, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Iceland is 1.98 million SLC per person, measured in 2024.
The figure is up 7.2% on the previous year and up 76.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Iceland peaked at 2.5 million SLC per person in 2006 and was at its lowest, 0.5915 million SLC per person, in 1970.
Iceland ranks 12th of 194 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Iceland, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.5915 million SLC per person | — |
| 1971 | 0.8353 million SLC per person | +41.2% |
| 1972 | 0.8303 million SLC per person | -0.6% |
| 1973 | 1 million SLC per person | +20.6% |
| 1974 | 1.07 million SLC per person | +6.5% |
| 1975 | 0.9598 million SLC per person | -10.0% |
| 1976 | 0.9245 million SLC per person | -3.7% |
| 1977 | 1.02 million SLC per person | +10.7% |
| 1978 | 0.9589 million SLC per person | -6.3% |
| 1979 | 0.9327 million SLC per person | -2.7% |
| 1980 | 1.05 million SLC per person | +12.7% |
| 1981 | 1.05 million SLC per person | +0.0% |
| 1982 | 1.04 million SLC per person | -1.3% |
| 1983 | 0.8946 million SLC per person | -13.9% |
| 1984 | 0.968 million SLC per person | +8.2% |
| 1985 | 0.9703 million SLC per person | +0.2% |
| 1986 | 0.9483 million SLC per person | -2.3% |
| 1987 | 1.11 million SLC per person | +17.5% |
| 1988 | 1.09 million SLC per person | -1.8% |
| 1989 | 0.9959 million SLC per person | -9.0% |
| 1990 | 1.02 million SLC per person | +2.2% |
| 1991 | 1.03 million SLC per person | +1.4% |
| 1992 | 0.9138 million SLC per person | -11.5% |
| 1993 | 0.8159 million SLC per person | -10.7% |
| 1994 | 0.8071 million SLC per person | -1.1% |
| 1995 | 0.789 million SLC per person | -2.2% |
| 1996 | 0.9599 million SLC per person | +21.7% |
| 1997 | 1.06 million SLC per person | +10.3% |
| 1998 | 1.37 million SLC per person | +29.2% |
| 1999 | 1.31 million SLC per person | -4.5% |
| 2000 | 1.44 million SLC per person | +10.4% |
| 2001 | 1.37 million SLC per person | -5.1% |
| 2002 | 1.19 million SLC per person | -13.2% |
| 2003 | 1.29 million SLC per person | +8.5% |
| 2004 | 1.61 million SLC per person | +25.2% |
| 2005 | 2.07 million SLC per person | +28.2% |
| 2006 | 2.5 million SLC per person | +20.9% |
| 2007 | 2.17 million SLC per person | -13.2% |
| 2008 | 1.74 million SLC per person | -20.0% |
| 2009 | 0.9103 million SLC per person | -47.6% |
| 2010 | 0.8349 million SLC per person | -8.3% |
| 2011 | 0.9234 million SLC per person | +10.6% |
| 2012 | 0.9657 million SLC per person | +4.6% |
| 2013 | 0.978 million SLC per person | +1.3% |
| 2014 | 1.12 million SLC per person | +14.9% |
| 2015 | 1.35 million SLC per person | +20.2% |
| 2016 | 1.57 million SLC per person | +16.4% |
| 2017 | 1.7 million SLC per person | +8.0% |
| 2018 | 1.69 million SLC per person | -0.4% |
| 2019 | 1.59 million SLC per person | -6.2% |
| 2020 | 1.45 million SLC per person | -8.9% |
| 2021 | 1.63 million SLC per person | +12.5% |
| 2022 | 1.83 million SLC per person | +12.8% |
| 2023 | 1.85 million SLC per person | +0.6% |
| 2024 | 1.98 million SLC per person | +7.2% |
Iceland compared with similar countries
- Iceland's 1.98 million SLC per person is above the median for high income countries, which is 0.0119 million SLC per person, 166.5× the median. (73 countries reporting)
- Iceland's 1.98 million SLC per person is above the median for Europe & Central Asia, which is 0.0098 million SLC per person, 202.5× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9124 million SLC per person | 0.5915 million SLC per person | 1.07 million SLC per person | 10 |
| 1980s | 1.01 million SLC per person | 0.8946 million SLC per person | 1.11 million SLC per person | 10 |
| 1990s | 1.01 million SLC per person | 0.789 million SLC per person | 1.37 million SLC per person | 10 |
| 2000s | 1.63 million SLC per person | 0.9103 million SLC per person | 2.5 million SLC per person | 10 |
| 2010s | 1.27 million SLC per person | 0.8349 million SLC per person | 1.7 million SLC per person | 10 |
| 2020s | 1.75 million SLC per person | 1.45 million SLC per person | 1.98 million SLC per person | 5 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
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 1.98 million SLC per person 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 2.5 million SLC per person in 2006.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Iceland?
- The lowest recorded value was 0.5915 million SLC per person in 1970.
- How does Iceland rank for gross fixed capital formation — value standard local currency, 2015?
- Iceland ranks 12th out of 194 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 up 76.1%. The long-run trend across the full record is rising.
- 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, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.