Iceland: Adjusted savings: consumption of fixed capital (% of GNI)
In , Iceland's Adjusted savings: consumption of fixed capital (% of GNI) was 17.17.
That's up 4.0% from 2020, the highest value since .
The global average for this indicator in 2021 was 13.12 . Iceland ranks #47 globally out of 186 reporting countries. Within Europe & Central Asia, it ranks #18 of 48.
Source: World Bank Open Data (NY.ADJ.DKAP.GN.ZS) • Data as of 2021
Trend (2002–2021)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 23.38
- Trough
- 12.98
- 1-year change
- +4.0%
- 5-year change
- +10.4%
- +2.0% / yr
- 10-year change
- -15.5%
- -1.7% / yr
Historical Data — Last 10 Years
| Year | Adjusted savings: consumption of fixed capital (% of GNI) |
|---|---|
| 17.1676 | |
| 16.5151 | |
| 15.8618 | |
| 17.3204 | |
| 16.5540 | |
| 15.5517 | |
| 15.4807 | |
| 16.3599 | |
| 17.1836 | |
| 19.6128 |
About Adjusted savings: consumption of fixed capital (% of GNI)
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Indicator code: NY.ADJ.DKAP.GN.ZS • Category: Economy
Frequently asked questions
- What was Iceland's Adjusted savings: consumption of fixed capital (% of GNI) in 2021?
- In 2021, Iceland's Adjusted savings: consumption of fixed capital (% of GNI) was 17.17, according to World Bank Open Data.
- Is Iceland's Adjusted savings: consumption of fixed capital (% of GNI) rising or falling?
- Iceland's Adjusted savings: consumption of fixed capital (% of GNI) rose 4.0% from 2020 to 2021.
- How does Iceland rank globally on Adjusted savings: consumption of fixed capital (% of GNI)?
- In 2021, Iceland ranked #47 out of 186 countries reporting Adjusted savings: consumption of fixed capital (% of GNI).
- How does Iceland's Adjusted savings: consumption of fixed capital (% of GNI) compare to the world average?
- The global average for Adjusted savings: consumption of fixed capital (% of GNI) in 2021 was 13.12, so Iceland is above the world average. Within Europe & Central Asia, it ranks #18 of 48.
- What is Adjusted savings: consumption of fixed capital (% of GNI) and how is it measured?
- Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Source: World Bank Open Data (NY.ADJ.DKAP.GN.ZS), CC BY 4.0.