Armenia vs Iceland: Industry (including construction), value added (constant 2015 US$)
Industry (including construction), value added (constant 2015 US$) over time
- Armenia
- Iceland
How they compare
Armenia currently reports 4.42 billion constant 2015 US$ against 4.38 billion constant 2015 US$ in Iceland, a difference of 38.98 million constant 2015 US$.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was Iceland ahead.
Armenia ranks 121st and Iceland ranks 122nd of 196 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 903.40 million constant 2015 US$ | 2.25 billion constant 2015 US$ | 1.35 billion constant 2015 US$ | Iceland |
| 2000s | 2.17 billion constant 2015 US$ | 3.07 billion constant 2015 US$ | 902.57 million constant 2015 US$ | Iceland |
| 2010s | 2.79 billion constant 2015 US$ | 3.47 billion constant 2015 US$ | 683.53 million constant 2015 US$ | Iceland |
| 2020s | 3.77 billion constant 2015 US$ | 4.19 billion constant 2015 US$ | 419.90 million constant 2015 US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Armenia or Iceland?
- Armenia, at 4.42 billion constant 2015 US$ against 4.38 billion constant 2015 US$ in Iceland as of 2025.
- What is the difference in industry (including construction), value added between Armenia and Iceland?
- 38.98 million constant 2015 US$, with Armenia ahead.
- How many years of comparable data are there for Armenia and Iceland?
- 31 years are reported by both, from 1995 to 2025.
- How do Armenia and Iceland rank globally for industry (including construction), value added?
- Armenia ranks 121st and Iceland ranks 122nd of 196 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.