Iceland vs Malaysia: Industry (including construction), value added
Industry (including construction), value added over time
- Iceland
- Malaysia
How they compare
Iceland currently reports 688.53 billion constant LCU against 616.77 billion constant LCU in Malaysia, a difference of 71.76 billion constant LCU.
That makes Iceland's figure about 1.1 times Malaysia's.
Across all 31 years both countries report, Iceland has been ahead every year.
Iceland ranks 66th and Malaysia ranks 69th of 199 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 354.47 billion constant LCU | 254.56 billion constant LCU | 99.90 billion constant LCU | Iceland |
| 2000s | 483.26 billion constant LCU | 338.41 billion constant LCU | 144.85 billion constant LCU | Iceland |
| 2010s | 546.20 billion constant LCU | 441.95 billion constant LCU | 104.25 billion constant LCU | Iceland |
| 2020s | 659.01 billion constant LCU | 556.12 billion constant LCU | 102.89 billion constant LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Iceland or Malaysia?
- Iceland, at 688.53 billion constant LCU against 616.77 billion constant LCU in Malaysia as of 2025.
- What is the difference in industry (including construction), value added between Iceland and Malaysia?
- 71.76 billion constant LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and Malaysia?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and Malaysia rank globally for industry (including construction), value added?
- Iceland ranks 66th and Malaysia ranks 69th of 199 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant LCU). 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 varies by country. This series is expressed in local currency units.