Gross fixed capital formation, General government, Constant prices in Iceland
Iceland: Gross fixed capital formation, General government, Constant prices was 0.6043 in 2019. ▲ Rising
Gross fixed capital formation, General government, Constant prices in Iceland, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, general government, constant prices in Iceland stood at 0.6043.
Compared with earlier readings it is down 9.8% on the previous year and up 11.9% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Iceland peaked at 0.7669 in 2007 and was at its lowest, 0.0988, in 1960.
Iceland ranks 139th of 173 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, General government, Constant prices in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.0988 | — |
| 1961 | 0.1118 | +13.1% |
| 1962 | 0.1293 | +15.7% |
| 1963 | 0.1466 | +13.4% |
| 1964 | 0.1808 | +23.3% |
| 1965 | 0.2164 | +19.7% |
| 1966 | 0.2312 | +6.8% |
| 1967 | 0.2442 | +5.6% |
| 1968 | 0.2263 | -7.3% |
| 1969 | 0.2061 | -8.9% |
| 1970 | 0.2361 | +14.6% |
| 1971 | 0.2982 | +26.3% |
| 1972 | 0.3133 | +5.1% |
| 1973 | 0.3436 | +9.7% |
| 1974 | 0.3421 | -0.4% |
| 1975 | 0.28 | -18.1% |
| 1976 | 0.2891 | +3.2% |
| 1977 | 0.2952 | +2.1% |
| 1978 | 0.2648 | -10.3% |
| 1979 | 0.2421 | -8.6% |
| 1980 | 0.2875 | +18.7% |
| 1981 | 0.3327 | +15.7% |
| 1982 | 0.3425 | +2.9% |
| 1983 | 0.3092 | -9.7% |
| 1984 | 0.3124 | +1.0% |
| 1985 | 0.3345 | +7.1% |
| 1986 | 0.3228 | -3.5% |
| 1987 | 0.3593 | +11.3% |
| 1988 | 0.4355 | +21.2% |
| 1989 | 0.4304 | -1.2% |
| 1990 | 0.4246 | -1.3% |
| 1991 | 0.4555 | +7.3% |
| 1992 | 0.4393 | -3.6% |
| 1993 | 0.5024 | +14.4% |
| 1994 | 0.4787 | -4.7% |
| 1995 | 0.4192 | -12.4% |
| 1996 | 0.403 | -3.9% |
| 1997 | 0.4261 | +5.7% |
| 1998 | 0.5378 | +26.2% |
| 1999 | 0.5592 | +4.0% |
| 2000 | 0.6252 | +11.8% |
| 2001 | 0.6508 | +4.1% |
| 2002 | 0.5387 | -17.2% |
| 2003 | 0.5122 | -4.9% |
| 2004 | 0.6402 | +25.0% |
| 2005 | 0.5527 | -13.7% |
| 2006 | 0.6554 | +18.6% |
| 2007 | 0.7669 | +17.0% |
| 2008 | 0.7298 | -4.8% |
| 2009 | 0.5399 | -26.0% |
| 2010 | 0.4452 | -17.5% |
| 2011 | 0.3739 | -16.0% |
| 2012 | 0.351 | -6.1% |
| 2013 | 0.3935 | +12.1% |
| 2014 | 0.4427 | +12.5% |
| 2015 | 0.4311 | -2.6% |
| 2016 | 0.4307 | -0.1% |
| 2017 | 0.5108 | +18.6% |
| 2018 | 0.6703 | +31.2% |
| 2019 | 0.6043 | -9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1791 | 0.0988 | 0.2442 | 10 |
| 1970s | 0.2905 | 0.2361 | 0.3436 | 10 |
| 1980s | 0.3467 | 0.2875 | 0.4355 | 10 |
| 1990s | 0.4646 | 0.403 | 0.5592 | 10 |
| 2000s | 0.6212 | 0.5122 | 0.7669 | 10 |
| 2010s | 0.4653 | 0.351 | 0.6703 | 10 |
Countries ranked near Iceland
More public sector data for Iceland
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Military expenditure (current USD), per square kilometre 0 current USD per square kilometre (2023)
- Tax revenue 23.2% (2023)
- Capital stock, General government, Current prices, Domestic currency 1,595 (2019)
- Taxes on income, profits and capital gains 34.6% (2023)
- Capital stock, General government, Constant prices, Percent of GDP 51.25 (2019)
- Capital stock, General government, Constant prices, Purchasing power 10.26 (2019)
- Taxes on goods and services 35.2% (2023)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Iceland?
- Gross fixed capital formation, general government, constant prices in Iceland was 0.6043 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Iceland?
- The highest recorded value was 0.7669 in 2007.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Iceland?
- The lowest recorded value was 0.0988 in 1960.
- How does Iceland rank for gross fixed capital formation, general government, constant prices?
- Iceland ranks 139th out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in Iceland?
- Over the last ten years it is up 11.9%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. 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.