Gross capital formation (constant LCU) in Iceland

Gross capital formation (constant LCU) in Iceland was last measured at 175888000000 in 2014, according to the World Bank. 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. Data are in constant local currency. This page has the latest recorded value, an historical data chart and related indicators for Gross capital formation (constant LCU) in Iceland.



 iceland gross capital formation constant lcu wb data




We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website


ICELAND | National accounts
 1990200020102014 
Gross fixed capital formation (US dollar) in Iceland 1240197104.51989085157.51614601765.72837616790.0 [+]
Gross fixed capital formation (current LCU) in Iceland 72283400000.0156373918743.0197368919841.0331341000000.0 [+]
Changes in inventories (US dollar) in Iceland -30816453.331723822.1-27592577.412280830.0 [+]
External balance on goods and services (current LCU) in Iceland 4877100000.0-49767580291.0154245771934.0127827000000.0 [+]
External balance on goods and services (US dollar) in Iceland 83678483.6-633046457.41261827322.81094715237.2 [+]
Final consumption expenditure; etc. (US dollar) in Iceland 5079847230.37309535711.59702107985.513126391642.0 [+]
General government final consumption expenditure (annual % growth) in Iceland 4.43.8-3.41.8 [+]
General government final consumption expenditure (constant 2000 US dollar) in Iceland 1568656507.62037159514.12595100644.44386099454.3 [+]
General government final consumption expenditure (constant LCU) in Iceland 123321500000.0212967808496.0271295837785.0276244000000.0 [+]
General government final consumption expenditure (current LCU) in Iceland 73977500000.0160153332358.0398618368948.0484262000000.0 [+]