Iceland vs Norway: Quarterly GFCF by asset — Gross fixed capital formation

Iceland
174,105 National currency
in 2025
Norway
192,609 National currency
in 2025
Iceland rank
9th
Norway rank
7th

Quarterly GFCF by asset — Gross fixed capital formation over time

  • Iceland
  • Norway
50.0k100.0k150.0k200.0k250.0k197820012025

How they compare

Norway currently reports 192,609 National currency against 174,105 National currency in Iceland, a difference of 18,504 National currency.

That makes Norway's figure about 1.1 times Iceland's.

Across all 31 years both countries report, Norway has been ahead every year.

Iceland ranks 9th and Norway ranks 7th of 26 countries.

Norway has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Norway Difference Ahead
1990s 76,082 National currency 113,809 National currency 37,726 National currency Norway
2000s 122,566 National currency 167,932 National currency 45,366 National currency Norway
2010s 89,315 National currency 224,754 National currency 135,439 National currency Norway
2020s 168,686 National currency 226,396 National currency 57,710 National currency Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher quarterly gfcf by asset — gross fixed capital formation, Iceland or Norway?
Norway, at 192,609 National currency against 174,105 National currency in Iceland as of 2025.
What is the difference in quarterly gfcf by asset — gross fixed capital formation between Iceland and Norway?
18,504 National currency, with Norway ahead.
How many years of comparable data are there for Iceland and Norway?
31 years are reported by both, from 1995 to 2025.
How do Iceland and Norway rank globally for quarterly gfcf by asset — gross fixed capital formation?
Iceland ranks 9th and Norway ranks 7th of 26 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Quarterly GFCF by asset — Gross fixed capital formation. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Norway: Quarterly GFCF by asset — Gross fixed capital formation. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 21 August 2026, from https://reference.statizoid.com/compare/quarterly-gfcf-by-asset-gross-fixed-capital-formation/iceland/norway/

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About this data

Indicator
Quarterly GFCF by asset — Gross fixed capital formation
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,270 data points, 1960–2025
Last refreshed

This table presents Gross Fixed Capital Formation (GFCF, or investment) by asset. The asset breakdown covers items such as buildings, machinery and equipment, cultivated biological resources and intellectual property products. Data is presented for each country in national currency as well as in euros for the European Union (27 countries) and the euro area (21 countries). In this table, the presentation of GFCF and its breakdown is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. These indicators were presented in the previous dissemination system in the QNA dataset. See User Guide on Quarterly National Accounts (QNA) in OECD Data Explorer: QNA User guide See QNA Calendar for information on advance release dates: QNA Calendar See QNA Changes for information on changes in methodology: QNA Changes See QNA TIPS for a better use of QNA data: QNA TIPS Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org