Iceland - Gross fixed capital formation

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Iceland was $2,314,217,000 as of 2013. Over the past 53 years, the value for this indicator has fluctuated between $6,273,905,000 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 $148,279,700
1971 $227,471,900
1972 $276,121,800
1973 $414,480,100
1974 $575,722,800
1975 $520,449,800
1976 $538,912,300
1977 $690,238,800
1978 $700,474,800
1979 $768,969,000
1980 $985,553,300
1981 $988,267,600
1982 $904,679,900
1983 $686,210,400
1984 $700,940,400
1985 $706,573,700
1986 $863,938,700
1987 $1,266,531,000
1988 $1,348,718,000
1989 $1,182,212,000
1990 $1,381,815,000
1991 $1,496,008,000
1992 $1,404,814,000
1993 $1,116,359,000
1994 $1,118,425,000
1995 $1,225,299,000
1996 $1,547,429,000
1997 $1,626,812,000
1998 $2,174,277,000
1999 $2,095,132,000
2000 $2,176,109,000
2001 $1,885,089,000
2002 $1,819,680,000
2003 $2,426,651,000
2004 $3,413,196,000
2005 $4,952,584,000
2006 $6,108,592,000
2007 $6,273,905,000
2008 $4,471,419,000
2009 $1,944,234,000
2010 $1,868,878,000
2011 $2,274,117,000
2012 $2,266,147,000
2013 $2,314,217,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Iceland was 282,749,000,000 as of 2013. As the graph below shows, over the past 53 years this indicator reached a maximum value of 428,701,000,000 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 130,486,100
1971 200,175,300
1972 243,705,100
1973 373,570,900
1974 575,434,900
1975 799,931,300
1976 981,736,500
1977 1,372,678,000
1978 1,899,057,000
1979 2,711,385,000
1980 4,728,290,000
1981 7,139,443,000
1982 11,174,150,000
1983 17,047,390,000
1984 22,215,390,000
1985 29,328,250,000
1986 35,511,510,000
1987 48,985,860,000
1988 58,013,750,000
1989 67,435,490,000
1990 80,537,450,000
1991 88,258,960,000
1992 80,841,310,000
1993 75,469,440,000
1994 78,227,540,000
1995 79,266,670,000
1996 102,904,000,000
1997 115,348,000,000
1998 154,283,000,000
1999 151,552,000,000
2000 171,077,000,000
2001 183,654,000,000
2002 166,795,000,000
2003 186,146,000,000
2004 239,578,000,000
2005 311,922,000,000
2006 428,701,000,000
2007 401,875,000,000
2008 393,252,000,000
2009 240,382,000,000
2010 228,455,000,000
2011 263,693,000,000
2012 283,456,000,000
2013 282,749,000,000

Gross fixed capital formation (constant 2005 US$)

The latest value for Gross fixed capital formation (constant 2005 US$) in Iceland was 2,393,839,000 as of 2013. Over the past 53 years, the value for this indicator has fluctuated between 6,105,745,000 in 2006 and 500,337,400 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 647,739,500
1961 500,337,400
1962 573,484,700
1963 751,072,800
1964 891,906,900
1965 882,431,000
1966 1,017,976,000
1967 1,136,257,000
1968 1,036,250,000
1969 790,355,500
1970 958,603,300
1971 1,364,580,000
1972 1,376,529,000
1973 1,685,337,000
1974 1,818,897,000
1975 1,658,408,000
1976 1,613,333,000
1977 1,798,719,000
1978 1,699,051,000
1979 1,668,975,000
1980 1,901,723,000
1981 1,924,249,000
1982 1,925,459,000
1983 1,680,388,000
1984 1,837,824,000
1985 1,856,731,000
1986 1,827,917,000
1987 2,170,872,000
1988 2,166,436,000
1989 1,996,063,000
1990 2,056,141,000
1991 2,109,372,000
1992 1,890,968,000
1993 1,705,597,000
1994 1,702,009,000
1995 1,672,863,000
1996 2,091,387,000
1997 2,284,935,000
1998 3,001,350,000
1999 2,888,650,000
2000 3,202,694,000
2001 3,101,855,000
2002 2,706,899,000
2003 2,969,436,000
2004 3,756,125,000
2005 4,952,584,000
2006 6,105,745,000
2007 5,419,768,000
2008 4,395,041,000
2009 2,299,304,000
2010 2,102,691,000
2011 2,347,382,000
2012 2,448,681,000
2013 2,393,839,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Iceland was -2.24 as of 2013. As the graph below shows, over the past 52 years this indicator reached a maximum value of 42.35 in 1971 and a minimum value of -47.68 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 21.29
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 31.35
1999 -3.75
2000 10.87
2001 -3.15
2002 -12.73
2003 9.70
2004 26.49
2005 31.85
2006 23.28
2007 -11.23
2008 -18.91
2009 -47.68
2010 -8.55
2011 11.64
2012 4.32
2013 -2.24

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Iceland was 150,768,000,000 as of 2013. As the graph below shows, over the past 53 years this indicator reached a maximum value of 384,550,000,000 in 2006 and a minimum value of 31,512,090,000 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 40,795,710,000
1961 31,512,090,000
1962 36,119,020,000
1963 47,303,820,000
1964 56,173,790,000
1965 55,576,980,000
1966 64,113,840,000
1967 71,563,380,000
1968 65,264,740,000
1969 49,777,910,000
1970 60,374,440,000
1971 85,943,500,000
1972 86,696,080,000
1973 106,145,000,000
1974 114,557,000,000
1975 104,449,000,000
1976 101,610,000,000
1977 113,286,000,000
1978 107,009,000,000
1979 105,115,000,000
1980 119,774,000,000
1981 121,192,000,000
1982 121,269,000,000
1983 105,834,000,000
1984 115,749,000,000
1985 116,940,000,000
1986 115,125,000,000
1987 136,725,000,000
1988 136,446,000,000
1989 125,715,000,000
1990 129,499,000,000
1991 132,852,000,000
1992 119,096,000,000
1993 107,421,000,000
1994 107,195,000,000
1995 105,360,000,000
1996 131,719,000,000
1997 143,909,000,000
1998 189,030,000,000
1999 181,932,000,000
2000 201,711,000,000
2001 195,360,000,000
2002 170,485,000,000
2003 187,020,000,000
2004 236,567,000,000
2005 311,922,000,000
2006 384,550,000,000
2007 341,346,000,000
2008 276,807,000,000
2009 144,814,000,000
2010 132,431,000,000
2011 147,842,000,000
2012 154,222,000,000
2013 150,768,000,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Iceland was 15.10 as of 2013. Its highest value over the past 53 years was 37.57 in 1974, while its lowest value was 14.09 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 27.83
1971 33.55
1972 32.51
1973 35.50
1974 37.57
1975 36.58
1976 31.92
1977 30.90
1978 27.57
1979 26.64
1980 28.82
1981 27.97
1982 27.89
1983 24.53
1984 24.19
1985 23.41
1986 21.41
1987 22.68
1988 21.84
1989 20.61
1990 21.12
1991 21.41
1992 19.62
1993 17.75
1994 17.31
1995 17.01
1996 20.56
1997 21.35
1998 25.61
1999 23.41
2000 24.32
2001 23.14
2002 19.81
2003 21.43
2004 24.85
2005 29.48
2006 35.72
2007 29.25
2008 25.41
2009 15.16
2010 14.09
2011 15.51
2012 15.98
2013 15.10

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts