Gross fixed capital formation, General government … unit GDP Current in Iceland
Iceland: Gross fixed capital formation, General government … unit GDP Current was 0 units per US$ of GDP in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Iceland, 1960–2019
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation, general government, current prices in Iceland is 0 units per US$ of GDP, measured in 2019.
That represents a change of up 2.4% on the previous year and down 23.2% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Iceland peaked at 0 units per US$ of GDP in 2001 and was at its lowest, 0 units per US$ of GDP, in 1960.
That places Iceland 63rd out of 172 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 … unit GDP Current in Iceland, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1960 | 0 units per US$ of GDP | — |
| 1961 | 0 units per US$ of GDP | +24.9% |
| 1962 | 0 units per US$ of GDP | +13.8% |
| 1963 | 0 units per US$ of GDP | -0.7% |
| 1964 | 0 units per US$ of GDP | +6.4% |
| 1965 | 0 units per US$ of GDP | +12.6% |
| 1966 | 0 units per US$ of GDP | -2.9% |
| 1967 | 0 units per US$ of GDP | +8.9% |
| 1968 | 0 units per US$ of GDP | +44.2% |
| 1969 | 0 units per US$ of GDP | +33.5% |
| 1970 | 0 units per US$ of GDP | +4.0% |
| 1971 | 0 units per US$ of GDP | +7.0% |
| 1972 | 0 units per US$ of GDP | +1.2% |
| 1973 | 0 units per US$ of GDP | -0.1% |
| 1974 | 0 units per US$ of GDP | +8.3% |
| 1975 | 0 units per US$ of GDP | +34.4% |
| 1976 | 0 units per US$ of GDP | +9.8% |
| 1977 | 0 units per US$ of GDP | -3.2% |
| 1978 | 0 units per US$ of GDP | +15.5% |
| 1979 | 0 units per US$ of GDP | +17.0% |
| 1980 | 0 units per US$ of GDP | +53.4% |
| 1981 | 0 units per US$ of GDP | +67.2% |
| 1982 | 0 units per US$ of GDP | +75.4% |
| 1983 | 0 units per US$ of GDP | +83.0% |
| 1984 | 0 units per US$ of GDP | +16.2% |
| 1985 | 0 units per US$ of GDP | +34.3% |
| 1986 | 0 units per US$ of GDP | -11.2% |
| 1987 | 0 units per US$ of GDP | -6.6% |
| 1988 | 0 units per US$ of GDP | +30.0% |
| 1989 | 0 units per US$ of GDP | +34.2% |
| 1990 | 0 units per US$ of GDP | +0.3% |
| 1991 | 0 units per US$ of GDP | +7.3% |
| 1992 | 0 units per US$ of GDP | -3.8% |
| 1993 | 0 units per US$ of GDP | +34.8% |
| 1994 | 0 units per US$ of GDP | -3.7% |
| 1995 | 0 units per US$ of GDP | -19.0% |
| 1996 | 0 units per US$ of GDP | -4.4% |
| 1997 | 0 units per US$ of GDP | +7.9% |
| 1998 | 0 units per US$ of GDP | +14.7% |
| 1999 | 0 units per US$ of GDP | +0.6% |
| 2000 | 0 units per US$ of GDP | +13.3% |
| 2001 | 0 units per US$ of GDP | +26.8% |
| 2002 | 0 units per US$ of GDP | -24.0% |
| 2003 | 0 units per US$ of GDP | -21.3% |
| 2004 | 0 units per US$ of GDP | +5.2% |
| 2005 | 0 units per US$ of GDP | -30.7% |
| 2006 | 0 units per US$ of GDP | +28.4% |
| 2007 | 0 units per US$ of GDP | -0.7% |
| 2008 | 0 units per US$ of GDP | +38.5% |
| 2009 | 0 units per US$ of GDP | +19.9% |
| 2010 | 0 units per US$ of GDP | -18.8% |
| 2011 | 0 units per US$ of GDP | -21.5% |
| 2012 | 0 units per US$ of GDP | -0.0% |
| 2013 | 0 units per US$ of GDP | +5.2% |
| 2014 | 0 units per US$ of GDP | +1.6% |
| 2015 | 0 units per US$ of GDP | +2.2% |
| 2016 | 0 units per US$ of GDP | -15.8% |
| 2017 | 0 units per US$ of GDP | -1.5% |
| 2018 | 0 units per US$ of GDP | +30.2% |
| 2019 | 0 units per US$ of GDP | +2.4% |
Iceland compared with similar countries
- Iceland's 0 units per US$ of GDP is above the median for high income countries, which is 0 units per US$ of GDP, 70.8× the median. (58 countries reporting)
- Iceland's 0 units per US$ of GDP is above the median for Europe & Central Asia, which is 0 units per US$ of GDP, 55.5× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1970s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1980s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2010s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
Countries ranked near Iceland
More public sector data for Iceland
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
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 0 units per US$ of GDP 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 0 units per US$ of GDP in 2001.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Iceland?
- The lowest recorded value was 0 units per US$ of GDP in 1960.
- How does Iceland rank for gross fixed capital formation, general government, current prices?
- Iceland ranks 63rd out of 172 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 down 23.2%. 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, 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, General government, Current prices, Domestic currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation, General government, Current prices, Domestic currency ÷ GDP (current US$)
Computed from
- Gross fixed capital formation, General government, Current prices International Monetary Fund
- 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, General government, Current prices, Domestic currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.