Gross fixed capital formation, General government, Current prices in Iceland
Iceland: Gross fixed capital formation, General government, Current prices was 93.87 in 2019. ◆ Volatile
Latest (2019)
93.87
Change on year
down 4.1%
World rank
79th
of 174 countries
All-time high
97.88
in 2018
All-time low
0.0049
in 1960
Years of data
60
1960–2019
Gross fixed capital formation, General government, Current prices in Iceland, 1960–2019
Source: International Monetary Fund.
Analysis
Iceland recorded 93.87 for gross fixed capital formation, general government, current prices in 2019.
The figure is down 4.1% on the previous year and up 45.3% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Iceland peaked at 97.88 in 2018 and was at its lowest, 0.0049, in 1960.
That places Iceland 79th 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 | Value | Change |
|---|---|---|
| 1960 | 0.0049 | — |
| 1961 | 0.0063 | +27.6% |
| 1962 | 0.008 | +27.7% |
| 1963 | 0.0095 | +18.5% |
| 1964 | 0.0129 | +35.8% |
| 1965 | 0.0176 | +35.8% |
| 1966 | 0.0205 | +16.6% |
| 1967 | 0.022 | +7.5% |
| 1968 | 0.0243 | +10.1% |
| 1969 | 0.0283 | +16.7% |
| 1970 | 0.0368 | +30.1% |
| 1971 | 0.0501 | +36.1% |
| 1972 | 0.0636 | +26.8% |
| 1973 | 0.0873 | +37.3% |
| 1974 | 0.1241 | +42.1% |
| 1975 | 0.1548 | +24.8% |
| 1976 | 0.2017 | +30.2% |
| 1977 | 0.2582 | +28.0% |
| 1978 | 0.3393 | +31.4% |
| 1979 | 0.4509 | +32.9% |
| 1980 | 0.8194 | +81.7% |
| 1981 | 1.41 | +72.7% |
| 1982 | 2.28 | +61.0% |
| 1983 | 3.6 | +57.8% |
| 1984 | 4.33 | +20.4% |
| 1985 | 6.06 | +39.9% |
| 1986 | 7.19 | +18.7% |
| 1987 | 9.29 | +29.3% |
| 1988 | 13.37 | +43.9% |
| 1989 | 16.67 | +24.7% |
| 1990 | 19.07 | +14.4% |
| 1991 | 21.84 | +14.6% |
| 1992 | 21.52 | -1.5% |
| 1993 | 25.48 | +18.4% |
| 1994 | 25.22 | -1.0% |
| 1995 | 22.77 | -9.7% |
| 1996 | 22.7 | -0.3% |
| 1997 | 24.59 | +8.3% |
| 1998 | 31.58 | +28.4% |
| 1999 | 33.51 | +6.1% |
| 2000 | 38.11 | +13.7% |
| 2001 | 44.02 | +15.5% |
| 2002 | 37.85 | -14.0% |
| 2003 | 36.59 | -3.4% |
| 2004 | 46.49 | +27.1% |
| 2005 | 39.58 | -14.9% |
| 2006 | 52.36 | +32.3% |
| 2007 | 64.62 | +23.4% |
| 2008 | 74.4 | +15.1% |
| 2009 | 64.61 | -13.2% |
| 2010 | 55.3 | -14.4% |
| 2011 | 47.97 | -13.2% |
| 2012 | 46.55 | -3.0% |
| 2013 | 53.23 | +14.3% |
| 2014 | 60.09 | +12.9% |
| 2015 | 60.18 | +0.2% |
| 2016 | 60.34 | +0.3% |
| 2017 | 70.63 | +17.1% |
| 2018 | 97.88 | +38.6% |
| 2019 | 93.87 | -4.1% |
Iceland compared with similar countries
- Iceland's 93.87 is above the median for high income countries, which is 22.2, 4.2× the median. (58 countries reporting)
- Iceland's 93.87 is above the median for Europe & Central Asia, which is 24.12, 3.9× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0154 | 0.0049 | 0.0283 | 10 |
| 1970s | 0.1767 | 0.0368 | 0.4509 | 10 |
| 1980s | 6.5 | 0.8194 | 16.67 | 10 |
| 1990s | 24.83 | 19.07 | 33.51 | 10 |
| 2000s | 49.86 | 36.59 | 74.4 | 10 |
| 2010s | 64.61 | 46.55 | 97.88 | 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 93.87 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, current prices recorded in Iceland?
- The highest recorded value was 97.88 in 2018.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Iceland?
- The lowest recorded value was 0.0049 in 1960.
- How does Iceland rank for gross fixed capital formation, general government, current prices?
- Iceland ranks 79th 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 45.3%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Current prices, Domestic currency. 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.