Iceland - Gross fixed capital formation

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Iceland was $2,843,046,000 as of 2014. Over the past 54 years, the value for this indicator has fluctuated between $6,249,254,000 in 2007 and $62,140,980 in 1961.

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
1960 $80,295,980
1961 $62,140,980
1962 $74,821,020
1963 $101,370,400
1964 $132,747,000
1965 $147,429,800
1966 $185,785,500
1967 $205,384,000
1968 $158,186,500
1969 $109,289,300
1970 $147,179,300
1971 $225,783,900
1972 $274,072,700
1973 $411,404,200
1974 $571,450,300
1975 $516,587,500
1976 $534,913,000
1977 $685,116,500
1978 $695,276,500
1979 $763,262,400
1980 $978,239,400
1981 $980,933,700
1982 $897,966,300
1983 $681,118,000
1984 $695,738,700
1985 $701,330,200
1986 $857,527,400
1987 $1,257,132,000
1988 $1,338,709,000
1989 $1,173,439,000
1990 $1,371,561,000
1991 $1,484,906,000
1992 $1,394,389,000
1993 $1,108,074,000
1994 $1,110,125,000
1995 $1,216,206,000
1996 $1,535,945,000
1997 $1,614,740,000
1998 $2,160,381,000
1999 $2,080,478,000
2000 $2,162,308,000
2001 $1,872,433,000
2002 $1,805,923,000
2003 $2,409,939,000
2004 $3,394,034,000
2005 $4,927,511,000
2006 $6,081,605,000
2007 $6,249,254,000
2008 $4,449,816,000
2009 $1,931,495,000
2010 $1,854,971,000
2011 $2,256,179,000
2012 $2,274,621,000
2013 $2,353,364,000
2014 $2,843,046,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Iceland was 331,975,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 426,807,000,000 in 2006 and a minimum value of 24,908,160 in 1961.

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
1960 29,059,520
1961 24,908,160
1962 32,173,040
1963 43,589,280
1964 57,081,200
1965 63,394,810
1966 79,887,770
1967 90,711,260
1968 98,339,260
1969 96,174,560
1970 129,517,800
1971 198,689,800
1972 241,896,600
1973 370,798,600
1974 571,164,600
1975 793,995,000
1976 974,451,000
1977 1,362,491,000
1978 1,884,964,000
1979 2,691,263,000
1980 4,693,201,000
1981 7,086,461,000
1982 11,091,230,000
1983 16,920,880,000
1984 22,050,530,000
1985 29,110,600,000
1986 35,247,980,000
1987 48,622,340,000
1988 57,583,220,000
1989 66,935,050,000
1990 79,939,790,000
1991 87,603,990,000
1992 80,241,390,000
1993 74,909,380,000
1994 77,647,010,000
1995 78,678,430,000
1996 102,140,000,000
1997 114,492,000,000
1998 153,297,000,000
1999 150,492,000,000
2000 169,992,000,000
2001 182,421,000,000
2002 165,534,000,000
2003 184,864,000,000
2004 238,233,000,000
2005 310,343,000,000
2006 426,807,000,000
2007 400,296,000,000
2008 391,352,000,000
2009 238,807,000,000
2010 226,755,000,000
2011 261,613,000,000
2012 284,516,000,000
2013 287,532,000,000
2014 331,975,000,000

Gross fixed capital formation (constant 2005 US$)

The latest value for Gross fixed capital formation (constant 2005 US$) in Iceland was 2,800,909,000 as of 2014. Over the past 54 years, the value for this indicator has fluctuated between 6,078,178,000 in 2006 and 561,245,600 in 1961.

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 2005 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 726,591,600
1961 561,245,600
1962 643,297,400
1963 842,504,100
1964 1,000,483,000
1965 989,853,100
1966 1,141,899,000
1967 1,274,579,000
1968 1,162,397,000
1969 886,568,900
1970 950,336,300
1971 1,352,812,000
1972 1,364,658,000
1973 1,670,803,000
1974 1,803,211,000
1975 1,644,106,000
1976 1,599,420,000
1977 1,783,207,000
1978 1,684,398,000
1979 1,654,582,000
1980 1,885,322,000
1981 1,907,654,000
1982 1,908,854,000
1983 1,665,897,000
1984 1,821,974,000
1985 1,840,719,000
1986 1,812,153,000
1987 2,152,150,000
1988 2,147,753,000
1989 1,978,849,000
1990 2,038,409,000
1991 2,091,180,000
1992 1,874,660,000
1993 1,690,888,000
1994 1,687,331,000
1995 1,658,436,000
1996 2,073,351,000
1997 2,265,229,000
1998 2,979,310,000
1999 2,866,293,000
2000 3,180,718,000
2001 3,079,037,000
2002 2,684,986,000
2003 2,947,809,000
2004 3,733,942,000
2005 4,927,511,000
2006 6,078,178,000
2007 5,398,219,000
2008 4,374,112,000
2009 2,284,997,000
2010 2,087,479,000
2011 2,328,915,000
2012 2,451,776,000
2013 2,427,197,000
2014 2,800,909,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Iceland was 15.40 as of 2014. As the graph below shows, over the past 53 years this indicator reached a maximum value of 42.35 in 1971 and a minimum value of -47.76 in 2009.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2005 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
1961 -22.76
1962 14.62
1963 30.97
1964 18.75
1965 -1.06
1966 15.36
1967 11.62
1968 -8.80
1969 -23.73
1970 7.19
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 25.02
1997 9.25
1998 31.52
1999 -3.79
2000 10.97
2001 -3.20
2002 -12.80
2003 9.79
2004 26.67
2005 31.97
2006 23.35
2007 -11.19
2008 -18.97
2009 -47.76
2010 -8.64
2011 11.57
2012 5.28
2013 -1.00
2014 15.40

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Iceland was 304,252,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 660,250,000,000 in 2006 and a minimum value of 60,965,990,000 in 1961.

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
1960 78,926,900,000
1961 60,965,990,000
1962 69,878,970,000
1963 91,518,040,000
1964 108,679,000,000
1965 107,524,000,000
1966 124,040,000,000
1967 138,453,000,000
1968 126,267,000,000
1969 96,304,630,000
1970 103,231,000,000
1971 146,951,000,000
1972 148,238,000,000
1973 181,493,000,000
1974 195,876,000,000
1975 178,593,000,000
1976 173,739,000,000
1977 193,703,000,000
1978 182,970,000,000
1979 179,731,000,000
1980 204,795,000,000
1981 207,221,000,000
1982 207,352,000,000
1983 180,960,000,000
1984 197,914,000,000
1985 199,950,000,000
1986 196,847,000,000
1987 233,780,000,000
1988 233,302,000,000
1989 214,955,000,000
1990 221,425,000,000
1991 227,157,000,000
1992 203,637,000,000
1993 183,675,000,000
1994 183,288,000,000
1995 180,150,000,000
1996 225,220,000,000
1997 246,063,000,000
1998 323,631,000,000
1999 311,355,000,000
2000 345,509,000,000
2001 334,464,000,000
2002 291,660,000,000
2003 320,209,000,000
2004 405,604,000,000
2005 535,257,000,000
2006 660,250,000,000
2007 586,388,000,000
2008 475,143,000,000
2009 248,211,000,000
2010 226,755,000,000
2011 252,981,000,000
2012 266,327,000,000
2013 263,657,000,000
2014 304,252,000,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Iceland was 16.69 as of 2014. Its highest value over the past 54 years was 37.41 in 1974, while its lowest value was 14.01 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
1960 32.32
1961 24.48
1962 26.26
1963 29.81
1964 30.57
1965 28.15
1966 29.54
1967 33.06
1968 33.34
1969 26.35
1970 27.72
1971 33.41
1972 32.38
1973 35.35
1974 37.41
1975 36.42
1976 31.78
1977 30.77
1978 27.46
1979 26.53
1980 28.70
1981 27.86
1982 27.78
1983 24.43
1984 24.09
1985 23.31
1986 21.32
1987 22.59
1988 21.74
1989 20.52
1990 21.03
1991 21.32
1992 19.53
1993 17.67
1994 17.23
1995 16.93
1996 20.47
1997 21.26
1998 25.51
1999 23.30
2000 24.23
2001 23.04
2002 19.71
2003 21.33
2004 24.77
2005 29.42
2006 35.69
2007 29.35
2008 25.38
2009 15.02
2010 14.01
2011 15.38
2012 16.02
2013 15.30
2014 16.69

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts