Iceland - Gross fixed capital formation
Gross fixed capital formation (current US$)
The latest value for Gross fixed capital formation (current US$) in Iceland was $4,663,880,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $6,371,050,000 in 2007 and $151,113,600 in 1970.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | $151,113,600 |
| 1971 | $231,819,300 |
| 1972 | $281,399,300 |
| 1973 | $422,402,100 |
| 1974 | $586,727,400 |
| 1975 | $530,397,500 |
| 1976 | $549,212,800 |
| 1977 | $703,431,900 |
| 1978 | $713,863,400 |
| 1979 | $783,666,800 |
| 1980 | $1,004,391,000 |
| 1981 | $1,007,157,000 |
| 1982 | $921,971,600 |
| 1983 | $699,326,300 |
| 1984 | $714,337,900 |
| 1985 | $720,078,900 |
| 1986 | $880,451,700 |
| 1987 | $1,290,739,000 |
| 1988 | $1,374,497,000 |
| 1989 | $1,204,808,000 |
| 1990 | $1,408,227,000 |
| 1991 | $1,524,603,000 |
| 1992 | $1,431,666,000 |
| 1993 | $1,137,697,000 |
| 1994 | $1,139,802,000 |
| 1995 | $1,248,719,000 |
| 1996 | $1,541,164,000 |
| 1997 | $1,646,817,000 |
| 1998 | $2,186,592,000 |
| 1999 | $2,115,421,000 |
| 2000 | $2,216,273,000 |
| 2001 | $1,908,085,000 |
| 2002 | $1,845,802,000 |
| 2003 | $2,449,583,000 |
| 2004 | $3,440,285,000 |
| 2005 | $4,989,852,000 |
| 2006 | $6,184,370,000 |
| 2007 | $6,371,050,000 |
| 2008 | $4,585,023,000 |
| 2009 | $2,016,845,000 |
| 2010 | $1,936,514,000 |
| 2011 | $2,339,187,000 |
| 2012 | $2,357,722,000 |
| 2013 | $2,515,831,000 |
| 2014 | $3,065,781,000 |
| 2015 | $3,386,607,000 |
| 2016 | $4,353,187,000 |
| 2017 | $5,383,966,000 |
| 2018 | $5,778,813,000 |
| 2019 | $5,312,673,000 |
| 2020 | $4,663,880,000 |
Gross fixed capital formation (current LCU)
The value for Gross fixed capital formation (current LCU) in Iceland was 631,591,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 651,370,000,000 in 2019 and a minimum value of 132,980,000 in 1970.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1970 | 132,980,000 |
| 1971 | 204,001,000 |
| 1972 | 248,363,000 |
| 1973 | 380,711,000 |
| 1974 | 586,434,000 |
| 1975 | 815,221,000 |
| 1976 | 1,000,501,000 |
| 1977 | 1,398,915,000 |
| 1978 | 1,935,355,000 |
| 1979 | 2,763,209,000 |
| 1980 | 4,818,665,000 |
| 1981 | 7,275,904,000 |
| 1982 | 11,387,730,000 |
| 1983 | 17,373,220,000 |
| 1984 | 22,640,010,000 |
| 1985 | 29,888,820,000 |
| 1986 | 36,190,260,000 |
| 1987 | 49,922,160,000 |
| 1988 | 59,122,600,000 |
| 1989 | 68,724,420,000 |
| 1990 | 82,076,820,000 |
| 1991 | 89,945,910,000 |
| 1992 | 82,386,480,000 |
| 1993 | 76,911,940,000 |
| 1994 | 79,722,750,000 |
| 1995 | 80,781,740,000 |
| 1996 | 102,487,000,000 |
| 1997 | 116,766,000,000 |
| 1998 | 155,157,000,000 |
| 1999 | 153,020,000,000 |
| 2000 | 174,235,000,000 |
| 2001 | 185,894,000,000 |
| 2002 | 169,189,000,000 |
| 2003 | 187,905,000,000 |
| 2004 | 241,479,000,000 |
| 2005 | 314,269,000,000 |
| 2006 | 434,019,000,000 |
| 2007 | 408,098,000,000 |
| 2008 | 403,243,000,000 |
| 2009 | 249,360,000,000 |
| 2010 | 236,723,000,000 |
| 2011 | 271,238,000,000 |
| 2012 | 294,910,000,000 |
| 2013 | 307,382,000,000 |
| 2014 | 357,983,000,000 |
| 2015 | 446,757,000,000 |
| 2016 | 525,915,000,000 |
| 2017 | 575,221,000,000 |
| 2018 | 625,847,000,000 |
| 2019 | 651,370,000,000 |
| 2020 | 631,591,000,000 |
Gross fixed capital formation (constant 2010 US$)
The latest value for Gross fixed capital formation (constant 2010 US$) in Iceland was 4,068,700,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 5,764,491,000 in 2006 and 916,720,600 in 1970.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | 916,720,600 |
| 1971 | 1,304,959,000 |
| 1972 | 1,316,386,000 |
| 1973 | 1,611,702,000 |
| 1974 | 1,739,427,000 |
| 1975 | 1,585,950,000 |
| 1976 | 1,542,844,000 |
| 1977 | 1,720,130,000 |
| 1978 | 1,624,817,000 |
| 1979 | 1,596,055,000 |
| 1980 | 1,818,634,000 |
| 1981 | 1,840,175,000 |
| 1982 | 1,841,333,000 |
| 1983 | 1,606,970,000 |
| 1984 | 1,757,527,000 |
| 1985 | 1,775,608,000 |
| 1986 | 1,748,053,000 |
| 1987 | 2,076,024,000 |
| 1988 | 2,071,782,000 |
| 1989 | 1,908,852,000 |
| 1990 | 1,966,305,000 |
| 1991 | 2,017,210,000 |
| 1992 | 1,808,348,000 |
| 1993 | 1,631,077,000 |
| 1994 | 1,627,646,000 |
| 1995 | 1,599,773,000 |
| 1996 | 1,956,764,000 |
| 1997 | 2,176,371,000 |
| 1998 | 2,841,648,000 |
| 1999 | 2,746,904,000 |
| 2000 | 3,074,442,000 |
| 2001 | 2,955,679,000 |
| 2002 | 2,589,659,000 |
| 2003 | 2,829,262,000 |
| 2004 | 3,574,621,000 |
| 2005 | 4,655,693,000 |
| 2006 | 5,764,491,000 |
| 2007 | 5,129,767,000 |
| 2008 | 4,182,925,000 |
| 2009 | 2,197,818,000 |
| 2010 | 2,012,956,000 |
| 2011 | 2,232,965,000 |
| 2012 | 2,347,769,000 |
| 2013 | 2,400,190,000 |
| 2014 | 2,787,697,000 |
| 2015 | 3,386,607,000 |
| 2016 | 3,995,820,000 |
| 2017 | 4,418,002,000 |
| 2018 | 4,554,899,000 |
| 2019 | 4,457,626,000 |
| 2020 | 4,068,700,000 |
Gross fixed capital formation (annual % growth)
The value for Gross fixed capital formation (annual % growth) in Iceland was -8.72 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 42.35 in 1971 and a minimum value of -47.46 in 2009.
Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1971 | 42.35 |
| 1972 | 0.88 |
| 1973 | 22.43 |
| 1974 | 7.92 |
| 1975 | -8.82 |
| 1976 | -2.72 |
| 1977 | 11.49 |
| 1978 | -5.54 |
| 1979 | -1.77 |
| 1980 | 13.95 |
| 1981 | 1.18 |
| 1982 | 0.06 |
| 1983 | -12.73 |
| 1984 | 9.37 |
| 1985 | 1.03 |
| 1986 | -1.55 |
| 1987 | 18.76 |
| 1988 | -0.20 |
| 1989 | -7.86 |
| 1990 | 3.01 |
| 1991 | 2.59 |
| 1992 | -10.35 |
| 1993 | -9.80 |
| 1994 | -0.21 |
| 1995 | -1.71 |
| 1996 | 22.32 |
| 1997 | 11.22 |
| 1998 | 30.57 |
| 1999 | -3.33 |
| 2000 | 11.92 |
| 2001 | -3.86 |
| 2002 | -12.38 |
| 2003 | 9.25 |
| 2004 | 26.34 |
| 2005 | 30.24 |
| 2006 | 23.82 |
| 2007 | -11.01 |
| 2008 | -18.46 |
| 2009 | -47.46 |
| 2010 | -8.41 |
| 2011 | 10.93 |
| 2012 | 5.14 |
| 2013 | 2.23 |
| 2014 | 16.14 |
| 2015 | 21.48 |
| 2016 | 17.99 |
| 2017 | 10.57 |
| 2018 | 3.10 |
| 2019 | -2.14 |
| 2020 | -8.72 |
Gross fixed capital formation (constant LCU)
The value for Gross fixed capital formation (constant LCU) in Iceland was 536,738,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 760,444,000,000 in 2006 and a minimum value of 120,933,000,000 in 1970.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1970 | 120,933,000,000 |
| 1971 | 172,149,000,000 |
| 1972 | 173,656,000,000 |
| 1973 | 212,614,000,000 |
| 1974 | 229,463,000,000 |
| 1975 | 209,216,000,000 |
| 1976 | 203,530,000,000 |
| 1977 | 226,917,000,000 |
| 1978 | 214,344,000,000 |
| 1979 | 210,550,000,000 |
| 1980 | 239,912,000,000 |
| 1981 | 242,754,000,000 |
| 1982 | 242,906,000,000 |
| 1983 | 211,989,000,000 |
| 1984 | 231,851,000,000 |
| 1985 | 234,236,000,000 |
| 1986 | 230,601,000,000 |
| 1987 | 273,866,000,000 |
| 1988 | 273,307,000,000 |
| 1989 | 251,813,000,000 |
| 1990 | 259,392,000,000 |
| 1991 | 266,108,000,000 |
| 1992 | 238,555,000,000 |
| 1993 | 215,170,000,000 |
| 1994 | 214,717,000,000 |
| 1995 | 211,040,000,000 |
| 1996 | 258,134,000,000 |
| 1997 | 287,104,000,000 |
| 1998 | 374,867,000,000 |
| 1999 | 362,368,000,000 |
| 2000 | 405,576,000,000 |
| 2001 | 389,909,000,000 |
| 2002 | 341,624,000,000 |
| 2003 | 373,233,000,000 |
| 2004 | 471,559,000,000 |
| 2005 | 614,173,000,000 |
| 2006 | 760,444,000,000 |
| 2007 | 676,712,000,000 |
| 2008 | 551,806,000,000 |
| 2009 | 289,933,000,000 |
| 2010 | 265,547,000,000 |
| 2011 | 294,570,000,000 |
| 2012 | 309,715,000,000 |
| 2013 | 316,630,000,000 |
| 2014 | 367,749,000,000 |
| 2015 | 446,757,000,000 |
| 2016 | 527,123,000,000 |
| 2017 | 582,817,000,000 |
| 2018 | 600,876,000,000 |
| 2019 | 588,044,000,000 |
| 2020 | 536,738,000,000 |
Gross fixed capital formation (% of GDP)
Gross fixed capital formation (% of GDP) in Iceland was 21.47 as of 2020. Its highest value over the past 50 years was 38.72 in 1974, while its lowest value was 14.08 in 2010.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | 28.69 |
| 1971 | 34.59 |
| 1972 | 33.51 |
| 1973 | 36.59 |
| 1974 | 38.72 |
| 1975 | 37.70 |
| 1976 | 32.90 |
| 1977 | 31.85 |
| 1978 | 28.42 |
| 1979 | 27.46 |
| 1980 | 29.70 |
| 1981 | 28.83 |
| 1982 | 28.75 |
| 1983 | 25.28 |
| 1984 | 24.94 |
| 1985 | 24.13 |
| 1986 | 22.07 |
| 1987 | 23.38 |
| 1988 | 22.51 |
| 1989 | 21.24 |
| 1990 | 21.77 |
| 1991 | 22.06 |
| 1992 | 20.22 |
| 1993 | 18.30 |
| 1994 | 17.84 |
| 1995 | 17.53 |
| 1996 | 20.75 |
| 1997 | 21.76 |
| 1998 | 25.71 |
| 1999 | 23.55 |
| 2000 | 24.56 |
| 2001 | 23.17 |
| 2002 | 19.81 |
| 2003 | 21.43 |
| 2004 | 24.88 |
| 2005 | 29.61 |
| 2006 | 35.41 |
| 2007 | 29.42 |
| 2008 | 25.37 |
| 2009 | 15.33 |
| 2010 | 14.08 |
| 2011 | 15.37 |
| 2012 | 15.98 |
| 2013 | 15.60 |
| 2014 | 17.16 |
| 2015 | 19.33 |
| 2016 | 20.94 |
| 2017 | 21.77 |
| 2018 | 22.00 |
| 2019 | 21.37 |
| 2020 | 21.47 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
