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Iceland: Gross fixed capital formation

Millions of local currency · 1945–2025 · 81 observations · forecasts to 2027 · finv

2025
1.32 trillionlocal currency
Change on 2024
+7.8%year on year
Average growth, 2015–2025
+11.5%a year
In US dollars, 2025
$10.3 billionUS dollars

Gross fixed capital formation

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1M100M10B1T1960198020002020IcelandIceland
ForecastLocal currency

Compare with other countries →Definition of Gross fixed capital formation

Recent values

Millions of local currency

YearValue
20271,387,267Forecast
20261,327,519Forecast
20251,321,223
20241,226,022
20231,090,256
2022937,616
2021749,156
2020626,824
2019631,008
2018625,736
2017576,925
2016526,473

Sources

  • Statistics Iceland1945–1990
  • WDI (archive)1960–1996
  • OECD Economic Outlook1960–2025
  • FAO1970–2023
  • United Nations1970–2024
  • World Development Indicators1970–2025
  • Eurostat1995–2025
  • IMF International Financial Statistics1995–2025
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

Iceland documentation (PDF)

More for Iceland

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Gross fixed capital formation elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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