Greece vs Iceland: Net investment in nonfinancial assets
Net investment in nonfinancial assets over time
- Greece
- Iceland
How they compare
Iceland currently reports 2.3% against 2.3% in Greece, a difference of 0.0%.
The two have swapped places 3 times across 48 shared years of data; in 1972 it was Greece ahead.
Greece ranks 96th and Iceland ranks 95th of 156 countries.
Across the 6 decades both report, Greece averaged higher in 5 and Iceland in 1.
Head to head by decade
| Decade | Greece | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.4% | 2.3% | 2.1% | Greece |
| 1980s | 3.4% | 1.6% | 1.7% | Greece |
| 1990s | 3.9% | 1.5% | 2.4% | Greece |
| 2000s | 4.7% | 2.0% | 2.6% | Greece |
| 2010s | 2.6% | 2.0% | 0.6% | Greece |
| 2020s | 2.3% | 2.4% | 0.2% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net investment in nonfinancial assets, Greece or Iceland?
- Iceland, at 2.3% against 2.3% in Greece as of 2023.
- What is the difference in net investment in nonfinancial assets between Greece and Iceland?
- 0.0%, with Iceland ahead.
- How many years of comparable data are there for Greece and Iceland?
- 48 years are reported by both, from 1972 to 2023.
- How do Greece and Iceland rank globally for net investment in nonfinancial assets?
- Greece ranks 96th and Iceland ranks 95th of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net investment in nonfinancial assets (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.