Produced capital in Iceland
Iceland: Produced capital was 144.44 billion real chained 2019 US$ in 2020. ▲ Rising
Produced capital in Iceland, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
The most recent figure for produced capital in Iceland is 144.44 billion real chained 2019 US$, measured in 2020. That is the highest value across all 26 years on record.
That represents a change of up 1.8% on the previous year and up 14.4% over ten years.
Over the whole period, produced capital in Iceland peaked at 144.44 billion real chained 2019 US$ in 2020 and was at its lowest, 74.84 billion real chained 2019 US$, in 1995.
Iceland ranks 59th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Produced capital in Iceland, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 74.84 billion real chained 2019 US$ | — |
| 1996 | 76.98 billion real chained 2019 US$ | +2.9% |
| 1997 | 79.70 billion real chained 2019 US$ | +3.5% |
| 1998 | 83.29 billion real chained 2019 US$ | +4.5% |
| 1999 | 86.48 billion real chained 2019 US$ | +3.8% |
| 2000 | 90.24 billion real chained 2019 US$ | +4.3% |
| 2001 | 93.49 billion real chained 2019 US$ | +3.6% |
| 2002 | 95.56 billion real chained 2019 US$ | +2.2% |
| 2003 | 97.97 billion real chained 2019 US$ | +2.5% |
| 2004 | 101.97 billion real chained 2019 US$ | +4.1% |
| 2005 | 108.45 billion real chained 2019 US$ | +6.4% |
| 2006 | 117.37 billion real chained 2019 US$ | +8.2% |
| 2007 | 124.87 billion real chained 2019 US$ | +6.4% |
| 2008 | 129.73 billion real chained 2019 US$ | +3.9% |
| 2009 | 128.45 billion real chained 2019 US$ | -1.0% |
| 2010 | 126.24 billion real chained 2019 US$ | -1.7% |
| 2011 | 125.12 billion real chained 2019 US$ | -0.9% |
| 2012 | 124.54 billion real chained 2019 US$ | -0.5% |
| 2013 | 124.40 billion real chained 2019 US$ | -0.1% |
| 2014 | 125.19 billion real chained 2019 US$ | +0.6% |
| 2015 | 127.07 billion real chained 2019 US$ | +1.5% |
| 2016 | 130.14 billion real chained 2019 US$ | +2.4% |
| 2017 | 134.39 billion real chained 2019 US$ | +3.3% |
| 2018 | 138.59 billion real chained 2019 US$ | +3.1% |
| 2019 | 141.88 billion real chained 2019 US$ | +2.4% |
| 2020 | 144.44 billion real chained 2019 US$ | +1.8% |
Iceland compared with similar countries
- Iceland's 144.44 billion real chained 2019 US$ is below the median for high income countries, which is 571.80 billion real chained 2019 US$, 25% of the median. (51 countries reporting)
- Iceland's 144.44 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 266.29 billion real chained 2019 US$, 54% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 80.26 billion real chained 2019 US$ | 74.84 billion real chained 2019 US$ | 86.48 billion real chained 2019 US$ | 5 |
| 2000s | 108.81 billion real chained 2019 US$ | 90.24 billion real chained 2019 US$ | 129.73 billion real chained 2019 US$ | 10 |
| 2010s | 129.76 billion real chained 2019 US$ | 124.40 billion real chained 2019 US$ | 141.88 billion real chained 2019 US$ | 10 |
| 2020s | 144.44 billion real chained 2019 US$ | 144.44 billion real chained 2019 US$ | 144.44 billion real chained 2019 US$ | 1 |
Countries ranked near Iceland
- 56 Iraq 162.19 billion real chained 2019 US$ compare
- 57 Uruguay 152.84 billion real chained 2019 US$ compare
- 58 Egypt 152.23 billion real chained 2019 US$ compare
- 60 Angola 136.49 billion real chained 2019 US$ compare
- 61 Belarus 130.11 billion real chained 2019 US$ compare
- 62 Morocco 125.27 billion real chained 2019 US$ compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is produced capital in Iceland?
- Produced capital in Iceland was 144.44 billion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest produced capital recorded in Iceland?
- The highest recorded value was 144.44 billion real chained 2019 US$ in 2020.
- What is the lowest produced capital recorded in Iceland?
- The lowest recorded value was 74.84 billion real chained 2019 US$ in 1995.
- How does Iceland rank for produced capital?
- Iceland ranks 59th out of 151 countries with data for 2020.
- Is produced capital rising or falling in Iceland?
- Over the last ten years it is up 14.4%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Produced capital (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Produced capital includes the value of machinery, buildings, equipment, and residential and nonresidential urban land. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.