Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Iceland

Gross capital formation (% of GDP) in Iceland in 2025 — 26.6%. Ranked 38 in the world out of 131. Since 1970, the indicator has fallen by 0.3 pp.

2025 26.6% +0.3 pp vs 2024
World rank 38of 131
Period maximum 39.1%1974
Period minimum 13.8%2010

Trend over time

1970–2025 · % of GDP

Gross capital formation (% of GDP) — Iceland, 1970–20251020304019701976198219881994200020062012201820241970: 26.9%1971: 35.9%1972: 30.6%1973: 34.8%1974: 39.1%1975: 38.2%1976: 31%1977: 32.3%1978: 26.7%1979: 27%1980: 29.1%1981: 28.8%1982: 30.2%1983: 22.6%1984: 24.9%1985: 22.3%1986: 19.8%1987: 22.3%1988: 22.4%1989: 20.2%1990: 20.4%1991: 21.5%1992: 19.5%1993: 18.2%1994: 17.2%1995: 17.6%1996: 20.1%1997: 21.4%1998: 25.5%1999: 23.2%2000: 24.6%2001: 22.7%2002: 19.5%2003: 21.1%2004: 24.6%2005: 29.1%2006: 36%2007: 29.7%2008: 25.9%2009: 14.8%2010: 13.8%2011: 15.3%2012: 15.9%2013: 15%2014: 17.1%2015: 19.2%2016: 20.8%2017: 21.6%2018: 22.2%2019: 20.2%2020: 21%2021: 22.8%2022: 24.2%2023: 25.4%2024: 26.2%2025: 26.6%
Change over the period: −0.3 pp Annual average: -0.01 pp

Comparison, 2025

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

Iceland 26.6%
Northern Europe computed 21.3%
Gross capital formation (% of GDP) — Iceland, by year Iceland All countries CSV XLSX
Year % Change, pp
2025 26.6 +0.3 pp
2024 26.2 +0.8 pp
2023 25.4 +1.2 pp
2022 24.2 +1.4 pp
2021 22.8 +1.8 pp
2020 21 +0.8 pp
2019 20.2 −2 pp
2018 22.2 +0.6 pp
2017 21.6 +0.8 pp
2016 20.8 +1.6 pp
2015 19.2 +2.1 pp
2014 17.1 +2.1 pp
2013 15 −0.9 pp
2012 15.9 +0.6 pp
2011 15.3 +1.5 pp
2010 13.8 −0.9 pp
2009 14.8 −11.1 pp
2008 25.9 −3.8 pp
2007 29.7 −6.3 pp
2006 36 +6.8 pp
2005 29.1 +4.5 pp
2004 24.6 +3.5 pp
2003 21.1 +1.6 pp
2002 19.5 −3.1 pp
2001 22.7 −2 pp
2000 24.6 +1.4 pp
1999 23.2 −2.2 pp
1998 25.5 +4.1 pp
1997 21.4 +1.3 pp
1996 20.1 +2.5 pp
1995 17.6 +0.4 pp
1994 17.2 −1 pp
1993 18.2 −1.3 pp
1992 19.5 −2.1 pp
1991 21.5 +1.1 pp
1990 20.4 +0.2 pp
1989 20.2 −2.2 pp
1988 22.4 +0.1 pp
1987 22.3 +2.4 pp
1986 19.8 −2.5 pp
1985 22.3 −2.6 pp
1984 24.9 +2.3 pp
1983 22.6 −7.6 pp
1982 30.2 +1.3 pp
1981 28.8 −0.3 pp
1980 29.1 +2.1 pp
1979 27 +0.3 pp
1978 26.7 −5.6 pp
1977 32.3 +1.3 pp
1976 31 −7.2 pp
1975 38.2 −0.9 pp
1974 39.1 +4.3 pp
1973 34.8 +4.2 pp
1972 30.6 −5.3 pp
1971 35.9 +9.1 pp
1970 26.9

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

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