Iceland IS: GDP: Growth: Gross Capital Formation
1971 - 2016 | Yearly | % | World Bank
Iceland IS: GDP: Growth: Gross Capital Formation data was reported at 9.291 % in 2017. This records a decrease from the previous number of 22.489 % for 2016. Iceland IS: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 7.410 % from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 70.649 % in 1971 and a record low of -49.095 % in 2009. Iceland IS: GDP: Growth: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
View Iceland's Iceland IS: GDP: Growth: Gross Capital Formation from 1971 to 2016 in the chart:
What was Iceland's Iceland IS: GDP: Growth: Gross Capital Formation in 2016?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 22.49 2016 | 18.73 2015 | -49.09 2009 | 70.65 1971 | % | yearly | 1971 - 2016 |
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| National Accounts | Last | Frequency | Range |
|---|---|---|---|
| Forecast: GDP PPP Per Capita (PPP Intl $) | 86,450.115 2029 | yearly | 1980 - 2029 |
| Forecast: Nominal GDP Per Capita (USD) | 110,945.675 2029 | yearly | 1980 - 2029 |
| Forecast: Real GDP Growth (%) | 2.432 2029 | yearly | 1980 - 2029 |
| GDP Deflator Growth (%) | 6.1 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| GDP per Capita (USD) | 72,684.247 2022 | yearly | 1960 - 2022 |
| Gross Fixed Capital Formation (USD mn) | 2,127.116 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Gross National Product (GNP) (USD mn) | 31,890.966 2023 | yearly | 1960 - 2023 |
| Gross Savings Rate (%) | 23.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Investment: % of GDP (%) | 25.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Nominal GDP (USD mn) | 7,161.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Nominal GDP Growth (%) | 4.332 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Private Consumption Expenditure (USD mn) | 4,012.422 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Private Consumption: % of GDP (%) | 51.0 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Public Consumption Expenditure (USD mn) | 2,086.570 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Public Consumption: % of GDP (%) | 25.8 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Real GDP Growth (%) | 6.1 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Total Trade of Goods & Services: % of Nominal GDP (%) | 88.281 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Production | Last | Frequency | Range |
|---|---|---|---|
| Industrial Production Index Growth (%) | 11.7 2018 | yearly | 2008 - 2018 |
| Minerals Production (Metric Ton) | 735,394.000 2022 | yearly | 2009 - 2022 |
| Construction and Properties | Last | Frequency | Range |
|---|---|---|---|
| House Prices Growth (%) | 8.8 Nov 2024 | monthly | Mar 2001 - Nov 2024 |
| Nominal Residential Property Price Index (2010=100) | 346.444 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Nominal Residential Property Price Index Growth (%) | 6.282 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Real Residential Property Price Index (2010=100) | 200.642 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Real Residential Property Price Index Growth (%) | 0.249 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.1 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Forecast: Government Expenditure (ISK bn) | 2,558.091 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (ISK bn) | 2,671.158 2029 | yearly | 1982 - 2029 |
| Forecast: Government Revenue (ISK bn) | 2,502.666 2029 | yearly | 1980 - 2029 |
| Government Debt: % of GDP (%) | 64.2 2023 | yearly | 1998 - 2023 |
| National Government Debt (USD mn) | 20,353.7 2023 | yearly | 1998 - 2023 |
| Tax Revenue (USD mn) | 2,504.213 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -600.101 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Tax Revenue: % of GDP (%) | 32.5 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Demographic and Labour Market | Last | Frequency | Range |
|---|---|---|---|
| Employed Persons (Person) | 232,200.000 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Forecast: Employment (Person mn) | 0.224 2024 | yearly | 1980 - 2024 |
| Forecast: Population (Person mn) | 0.430 2029 | yearly | 1980 - 2029 |
| Forecast: Unemployment Rate (%) | 4.000 2029 | yearly | 1980 - 2029 |
| Labour Force Participation Rate (%) | 81.5 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Labour Productivity Growth (%) | -6.43 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Monthly Earnings (USD) | 6,909 2023 | yearly | 1998 - 2023 |
| Population (Person mn) | 0.4 2023 | yearly | 1732 - 2023 |
| Unemployment Rate (%) | 3.37 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
More Indicators for Iceland
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National Accounts
ESA 1995: GDP: by Expenditure: Chain Linked 2000 Price
ESA 1995: GDP: Gross Fixed Capital Formation: Chain Linked 2000 Price
ESA 2010: GDP: by Expenditure: Chain Linked 2005 Price
ESA 2010: GDP: by Expenditure: Chain Linked 2005 Price: Seasonally Adjusted
ESA 2010: GDP: by Expenditure: Current Price: Annual
ESA 2010: GDP: by Industry: by Icelandic Version of NACE Rev2 (ISAT2008)
ESA 2010: GDP Deflator
ESA 2010: GDP: Gross Fixed Capital Formation: Current Price
ESA 2010: GDP: Household Final Consumption Expenditure: Chain Linked 2005 Price
ESA 2010: GDP per Capita
ESA 2010: Main Aggregates: Chain Linked 2005 Price
Funds by Sector: ESA 2010: Financial Corporations: Captive Financial Institutions: Flow
Funds by Sector: ESA 2010: Financial Corporations: Central Bank: Flow
Funds by Sector: ESA 2010: Financial Corporations: Financial Auxiliaries: Flow
Funds by Sector: ESA 2010: Financial Corporations: Financial Institutions in Winding Up Proceedings: Flow
Funds by Sector: ESA 2010: Financial Corporations: Flow
Funds by Sector: ESA 2010: Financial Corporations: Insurance Corporations: Stock
Funds by Sector: ESA 2010: Financial Corporations: Non Money Market Funds: Flow
Funds by Sector: ESA 2010: Financial Corporations: Other Deposit Taking Corporations: Flow
Funds by Sector: ESA 2010: Financial Corporations: Other Financial Intermediaries: Flow
Funds by Sector: ESA 2010: Financial Corporations: Pension Funds: Flow
Funds by Sector: ESA 2010: Financial Corporations: Stock
Funds by Sector: ESA 2010: General Government: Stock
Funds by Sector: ESA 2010: Households and Non Profit Institutions Serving Households: Stock
Funds by Sector: ESA 2010: Non Financial Corporations: Stock
Funds by Sector: ESA 2010: Rest of the World: Stock
Funds by Sector: ESA 2010: Total Economy and Rest of the World: Stock
Funds by Sector: ESA 2010: Total Economy: Stock
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP
Contribution to GDP
ESA 1995: GDP: by Expenditure: Chain Linked 2000 Price: Seasonally Adjusted
ESA 1995: GDP: Household Final Consumption Expenditure: Chain Linked 2000 Price
ESA 2010: GDP: by Expenditure: Chain Linked 2005 Price: Annual
ESA 2010: GDP: by Expenditure: Current Price
ESA 2010: GDP: by Expenditure: Current Price: Seasonally Adjusted
ESA 2010: GDP: by Industry: by Icelandic Version of NACE Revision 2 (ISAT2008)
ESA 2010: GDP: Gross Fixed Capital Formation: Chain Linked 2005 Price
ESA 2010: GDP: Gross Output: by Icelandic Version of NACE Revision 2 (ISAT2008)
ESA 2010: GDP: Household Final Consumption Expenditure: Current Price
ESA 2010: GDP: Savings and Net Lending
ESA 2010: Main Aggregates: Current Price
Funds by Sector: ESA 2010: Financial Corporations: Captive Financial Institutions: Stock
Funds by Sector: ESA 2010: Financial Corporations: Central Bank: Stock
Funds by Sector: ESA 2010: Financial Corporations: Financial Auxiliaries: Stock
Funds by Sector: ESA 2010: Financial Corporations: Financial Institutions in Winding Up Proceedings: Stock
Funds by Sector: ESA 2010: Financial Corporations: Insurance Corporations: Flow
Funds by Sector: ESA 2010: Financial Corporations: Money Market Funds: Stock
Funds by Sector: ESA 2010: Financial Corporations: Non Money Market Funds: Stock
Funds by Sector: ESA 2010: Financial Corporations: Other Deposit Taking Corporations: Stock
Funds by Sector: ESA 2010: Financial Corporations: Other Financial Intermediaries: Stock
Funds by Sector: ESA 2010: Financial Corporations: Pension Funds: Stock
Funds by Sector: ESA 2010: General Government: Flow
Funds by Sector: ESA 2010: Households and Non Profit Institutions Serving Households: Flow
Funds by Sector: ESA 2010: Non Financial Corporations: Flow
Funds by Sector: ESA 2010: Rest of the World: Flow
Funds by Sector: ESA 2010: Total Economy and Rest of the World: Flow
Funds by Sector: ESA 2010: Total Economy: Flow
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Quarterly
Gross Domestic Product: Nominal
Gross Domestic Product: Real