Gross Fixed Capital Formation — Value US$, 2015 prices, per unit of in Iceland
Iceland: Gross Fixed Capital Formation — Value US$, 2015 prices, per unit of was 0 million USD per US$ of GDP in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, per unit of in Iceland, 1970–2024
Source: Statizoid (derived). Measured in million USD per US$ of GDP.
Analysis
Iceland recorded 0 million USD per US$ of GDP for gross fixed capital formation — value us$, 2015 prices, per unit of in 2024.
The figure is up 2.7% on the previous year and up 13.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per unit of in Iceland peaked at 0 million USD per US$ of GDP in 1971 and was at its lowest, 0 million USD per US$ of GDP, in 2010.
That places Iceland 108th out of 193 countries with data for 2024, 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 — Value US$, 2015 prices, per unit of in Iceland, year by year
| Year | million USD per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million USD per US$ of GDP | — |
| 1971 | 0 million USD per US$ of GDP | +11.9% |
| 1972 | 0 million USD per US$ of GDP | -19.5% |
| 1973 | 0 million USD per US$ of GDP | -11.0% |
| 1974 | 0 million USD per US$ of GDP | -17.8% |
| 1975 | 0 million USD per US$ of GDP | -1.8% |
| 1976 | 0 million USD per US$ of GDP | -18.0% |
| 1977 | 0 million USD per US$ of GDP | -15.7% |
| 1978 | 0 million USD per US$ of GDP | -16.9% |
| 1979 | 0 million USD per US$ of GDP | -13.5% |
| 1980 | 0 million USD per US$ of GDP | -3.8% |
| 1981 | 0 million USD per US$ of GDP | -2.0% |
| 1982 | 0 million USD per US$ of GDP | +9.0% |
| 1983 | 0 million USD per US$ of GDP | +1.2% |
| 1984 | 0 million USD per US$ of GDP | +5.6% |
| 1985 | 0 million USD per US$ of GDP | -3.0% |
| 1986 | 0 million USD per US$ of GDP | -26.4% |
| 1987 | 0 million USD per US$ of GDP | -14.2% |
| 1988 | 0 million USD per US$ of GDP | -9.8% |
| 1989 | 0 million USD per US$ of GDP | -0.8% |
| 1990 | 0 million USD per US$ of GDP | -9.7% |
| 1991 | 0 million USD per US$ of GDP | -4.0% |
| 1992 | 0 million USD per US$ of GDP | -12.5% |
| 1993 | 0 million USD per US$ of GDP | +2.7% |
| 1994 | 0 million USD per US$ of GDP | -2.9% |
| 1995 | 0 million USD per US$ of GDP | -11.8% |
| 1996 | 0 million USD per US$ of GDP | +17.3% |
| 1997 | 0 million USD per US$ of GDP | +10.8% |
| 1998 | 0 million USD per US$ of GDP | +16.6% |
| 1999 | 0 million USD per US$ of GDP | -8.3% |
| 2000 | 0 million USD per US$ of GDP | +11.5% |
| 2001 | 0 million USD per US$ of GDP | +5.6% |
| 2002 | 0 million USD per US$ of GDP | -22.6% |
| 2003 | 0 million USD per US$ of GDP | -11.0% |
| 2004 | 0 million USD per US$ of GDP | +4.6% |
| 2005 | 0 million USD per US$ of GDP | +6.1% |
| 2006 | 0 million USD per US$ of GDP | +20.1% |
| 2007 | 0 million USD per US$ of GDP | -28.4% |
| 2008 | 0 million USD per US$ of GDP | -1.9% |
| 2009 | 0 million USD per US$ of GDP | -27.4% |
| 2010 | 0 million USD per US$ of GDP | -13.1% |
| 2011 | 0 million USD per US$ of GDP | +0.3% |
| 2012 | 0 million USD per US$ of GDP | +8.3% |
| 2013 | 0 million USD per US$ of GDP | -6.0% |
| 2014 | 0 million USD per US$ of GDP | +4.5% |
| 2015 | 0 million USD per US$ of GDP | +23.9% |
| 2016 | 0 million USD per US$ of GDP | -0.9% |
| 2017 | 0 million USD per US$ of GDP | -7.0% |
| 2018 | 0 million USD per US$ of GDP | -3.9% |
| 2019 | 0 million USD per US$ of GDP | +2.4% |
| 2020 | 0 million USD per US$ of GDP | +5.0% |
| 2021 | 0 million USD per US$ of GDP | -4.0% |
| 2022 | 0 million USD per US$ of GDP | +4.0% |
| 2023 | 0 million USD per US$ of GDP | -6.5% |
| 2024 | 0 million USD per US$ of GDP | +2.7% |
Iceland compared with similar countries
- Iceland's 0 million USD per US$ of GDP is above the median for high income countries, which is 0 million USD per US$ of GDP, 1.0× the median. (72 countries reporting)
- Iceland's 0 million USD per US$ of GDP is above the median for Europe & Central Asia, which is 0 million USD per US$ of GDP, 1.0× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 1980s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 1990s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2000s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2010s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2020s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per unit of in Iceland?
- Gross fixed capital formation — value us$, 2015 prices, per unit of in Iceland was 0 million USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per unit of recorded in Iceland?
- The highest recorded value was 0 million USD per US$ of GDP in 1971.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per unit of recorded in Iceland?
- The lowest recorded value was 0 million USD per US$ of GDP in 2010.
- How does Iceland rank for gross fixed capital formation — value us$, 2015 prices, per unit of?
- Iceland ranks 108th out of 193 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices, per unit of rising or falling in Iceland?
- Over the last ten years it is up 13.1%. 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 — Value US$, 2015 prices, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Fixed Capital Formation — Value US$, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 US$, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.