Gross capital formation in US dollars — all countries

Gross capital formation in US dollars — Iceland

Gross capital formation in US dollars in Iceland in 2025 — 10,252,765,771 US$. Ranked 80 in the world out of 131. Since 1970, the indicator has risen by 6,900.2%.

2025 10.25B US$ +17.72% vs 2024
World rank 80of 131
Period maximum 10.25B US$2025
Period minimum 146M US$1970

Trend over time

1970–2025 · US$

Gross capital formation in US dollars — Iceland, 1970–202505B10B15B19701976198219881994200020062012201820241970: 146,464,773 US$1971: 249,251,136 US$1972: 266,143,213 US$1973: 416,027,960 US$1974: 613,046,523 US$1975: 555,632,401 US$1976: 534,844,376 US$1977: 738,243,073 US$1978: 693,401,940 US$1979: 796,232,558 US$1980: 1,018,302,276 US$1981: 1,041,784,557 US$1982: 1,000,967,494 US$1983: 647,227,607 US$1984: 738,853,463 US$1985: 689,921,701 US$1986: 818,568,321 US$1987: 1,272,250,577 US$1988: 1,416,347,003 US$1989: 1,187,445,382 US$1990: 1,366,495,338 US$1991: 1,540,738,877 US$1992: 1,427,033,012 US$1993: 1,170,676,566 US$1994: 1,138,408,665 US$1995: 1,295,896,351 US$1996: 1,541,544,421 US$1997: 1,648,255,931 US$1998: 2,199,359,723 US$1999: 2,117,079,476 US$2000: 2,250,260,850 US$2001: 1,885,826,927 US$2002: 1,837,056,939 US$2003: 2,443,069,640 US$2004: 3,434,581,126 US$2005: 4,994,910,236 US$2006: 6,356,742,163 US$2007: 6,511,451,190 US$2008: 4,723,920,969 US$2009: 1,952,812,516 US$2010: 1,926,036,097 US$2011: 2,357,469,852 US$2012: 2,374,571,019 US$2013: 2,438,499,007 US$2014: 3,082,115,585 US$2015: 3,397,298,028 US$2016: 4,388,691,706 US$2017: 5,406,822,043 US$2018: 5,921,110,721 US$2019: 5,047,979,176 US$2020: 4,637,490,558 US$2021: 5,986,712,494 US$2022: 7,073,111,052 US$2023: 8,060,227,445 US$2024: 8,709,528,652 US$2025: 10,252,765,771 US$
Change over the period: +10.11B (+6,900.16%) Average annual rate: 8.03 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Iceland

Iceland 10.25B US$
Northern Europe computed 1.47T US$
Gross capital formation in US dollars — Iceland, by year Iceland All countries CSV XLSX
Year US$ Change Change, %
2025 10.25B +1.54B +17.72%
2024 8.71B +649M +8.06%
2023 8.06B +987M +13.96%
2022 7.07B +1.09B +18.15%
2021 5.99B +1.35B +29.09%
2020 4.64B −410M −8.13%
2019 5.05B −873M −14.75%
2018 5.92B +514M +9.51%
2017 5.41B +1.02B +23.2%
2016 4.39B +991M +29.18%
2015 3.4B +315M +10.23%
2014 3.08B +644M +26.39%
2013 2.44B +63.93M +2.69%
2012 2.37B +17.1M +0.73%
2011 2.36B +431M +22.4%
2010 1.93B −26.78M −1.37%
2009 1.95B −2.77B −58.66%
2008 4.72B −1.79B −27.45%
2007 6.51B +155M +2.43%
2006 6.36B +1.36B +27.26%
2005 4.99B +1.56B +45.43%
2004 3.43B +992M +40.58%
2003 2.44B +606M +32.99%
2002 1.84B −48.77M −2.59%
2001 1.89B −364M −16.2%
2000 2.25B +133M +6.29%
1999 2.12B −82.28M −3.74%
1998 2.2B +551M +33.44%
1997 1.65B +107M +6.92%
1996 1.54B +246M +18.96%
1995 1.3B +157M +13.83%
1994 1.14B −32.27M −2.76%
1993 1.17B −256M −17.96%
1992 1.43B −114M −7.38%
1991 1.54B +174M +12.75%
1990 1.37B +179M +15.08%
1989 1.19B −229M −16.16%
1988 1.42B +144M +11.33%
1987 1.27B +454M +55.42%
1986 819M +129M +18.65%
1985 690M −48.93M −6.62%
1984 739M +91.63M +14.16%
1983 647M −354M −35.34%
1982 1B −40.82M −3.92%
1981 1.04B +23.48M +2.31%
1980 1.02B +222M +27.89%
1979 796M +103M +14.83%
1978 693M −44.84M −6.07%
1977 738M +203M +38.03%
1976 535M −20.79M −3.74%
1975 556M −57.41M −9.37%
1974 613M +197M +47.36%
1973 416M +150M +56.32%
1972 266M +16.89M +6.78%
1971 249M +103M +70.18%
1970 146M

About the indicator

Gross fixed capital formation and changes in inventories in current US dollars — what is commonly called investment in the economy. It covers the construction of buildings and structures, purchases of machinery and equipment, roads and networks, as well as the build-up of inventories. The word gross means that the wear of existing capital is not deducted: part of these outlays merely replaces what is retiring rather than adding to the stock.

Important: This concerns outlays on physical capital inside the country, not financial investment and not inflows of foreign capital.

Source: World Development Indicators (World Bank), license CC BY 4.0.