Iceland - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts