Gross fixed capital formation, General government, Current prices in Iceland
Iceland: Gross fixed capital formation, General government, Current prices was -4.09 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Iceland, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iceland recorded -4.09 % change on previous year for gross fixed capital formation, general government, current prices in 2019.
The figure is down 110.6% on the previous year and up 68.9% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Iceland peaked at 81.73 % change on previous year in 1980 and was at its lowest, -14.86 % change on previous year, in 2005.
That places Iceland 128th out of 174 countries with data for 2019, 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, General government, Current prices in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 27.65 % change on previous year | — |
| 1962 | 27.67 % change on previous year | +0.1% |
| 1963 | 18.51 % change on previous year | -33.1% |
| 1964 | 35.83 % change on previous year | +93.6% |
| 1965 | 35.79 % change on previous year | -0.1% |
| 1966 | 16.56 % change on previous year | -53.7% |
| 1967 | 7.53 % change on previous year | -54.5% |
| 1968 | 10.14 % change on previous year | +34.6% |
| 1969 | 16.7 % change on previous year | +64.7% |
| 1970 | 30.13 % change on previous year | +80.4% |
| 1971 | 36.13 % change on previous year | +19.9% |
| 1972 | 26.82 % change on previous year | -25.8% |
| 1973 | 37.3 % change on previous year | +39.1% |
| 1974 | 42.1 % change on previous year | +12.9% |
| 1975 | 24.81 % change on previous year | -41.1% |
| 1976 | 30.25 % change on previous year | +21.9% |
| 1977 | 28.04 % change on previous year | -7.3% |
| 1978 | 31.41 % change on previous year | +12.0% |
| 1979 | 32.88 % change on previous year | +4.7% |
| 1980 | 81.73 % change on previous year | +148.6% |
| 1981 | 72.69 % change on previous year | -11.1% |
| 1982 | 61.01 % change on previous year | -16.1% |
| 1983 | 57.83 % change on previous year | -5.2% |
| 1984 | 20.37 % change on previous year | -64.8% |
| 1985 | 39.91 % change on previous year | +95.9% |
| 1986 | 18.71 % change on previous year | -53.1% |
| 1987 | 29.28 % change on previous year | +56.5% |
| 1988 | 43.85 % change on previous year | +49.8% |
| 1989 | 24.69 % change on previous year | -43.7% |
| 1990 | 14.38 % change on previous year | -41.8% |
| 1991 | 14.58 % change on previous year | +1.4% |
| 1992 | -1.46 % change on previous year | -110.0% |
| 1993 | 18.39 % change on previous year | -1356.2% |
| 1994 | -1.04 % change on previous year | -105.7% |
| 1995 | -9.72 % change on previous year | +831.9% |
| 1996 | -0.2811 % change on previous year | -97.1% |
| 1997 | 8.32 % change on previous year | -3060.0% |
| 1998 | 28.43 % change on previous year | +241.6% |
| 1999 | 6.1 % change on previous year | -78.5% |
| 2000 | 13.74 % change on previous year | +125.2% |
| 2001 | 15.51 % change on previous year | +12.9% |
| 2002 | -14.01 % change on previous year | -190.3% |
| 2003 | -3.35 % change on previous year | -76.1% |
| 2004 | 27.07 % change on previous year | -907.4% |
| 2005 | -14.86 % change on previous year | -154.9% |
| 2006 | 32.3 % change on previous year | -317.3% |
| 2007 | 23.42 % change on previous year | -27.5% |
| 2008 | 15.13 % change on previous year | -35.4% |
| 2009 | -13.16 % change on previous year | -187.0% |
| 2010 | -14.41 % change on previous year | +9.5% |
| 2011 | -13.25 % change on previous year | -8.0% |
| 2012 | -2.96 % change on previous year | -77.7% |
| 2013 | 14.35 % change on previous year | -585.0% |
| 2014 | 12.88 % change on previous year | -10.3% |
| 2015 | 0.1611 % change on previous year | -98.7% |
| 2016 | 0.2527 % change on previous year | +56.9% |
| 2017 | 17.07 % change on previous year | +6653.5% |
| 2018 | 38.57 % change on previous year | +126.0% |
| 2019 | -4.09 % change on previous year | -110.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.82 % change on previous year | 7.53 % change on previous year | 35.83 % change on previous year | 9 |
| 1970s | 31.99 % change on previous year | 24.81 % change on previous year | 42.1 % change on previous year | 10 |
| 1980s | 45.01 % change on previous year | 18.71 % change on previous year | 81.73 % change on previous year | 10 |
| 1990s | 7.77 % change on previous year | -9.72 % change on previous year | 28.43 % change on previous year | 10 |
| 2000s | 8.18 % change on previous year | -14.86 % change on previous year | 32.3 % change on previous year | 10 |
| 2010s | 4.86 % change on previous year | -14.41 % change on previous year | 38.57 % change on previous year | 10 |
Countries ranked near Iceland
- 125 Sierra Leone -3.29 % change on previous year compare
- 126 Namibia -3.67 % change on previous year compare
- 127 Hong Kong, China -3.85 % change on previous year compare
- 129 Saint Lucia -4.55 % change on previous year compare
- 130 West Bank and Gaza -5.06 % change on previous year compare
- 131 South Africa -5.71 % change on previous year compare
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, current prices in Iceland?
- Gross fixed capital formation, general government, current prices in Iceland was -4.09 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, general government, current prices recorded in Iceland?
- The highest recorded value was 81.73 % change on previous year in 1980.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Iceland?
- The lowest recorded value was -14.86 % change on previous year in 2005.
- How does Iceland rank for gross fixed capital formation, general government, current prices?
- Iceland ranks 128th out of 174 countries with data for 2019.
- Is gross fixed capital formation, general government, current prices rising or falling in Iceland?
- Over the last ten years it is up 68.9%. 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, General government, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, General government, Current prices International Monetary Fund
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
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.