Canada vs Iceland: Industry (including construction), value added
Industry (including construction), value added over time
- Canada
- Iceland
How they compare
Iceland currently reports 993.93 billion current LCU against 783.36 billion current LCU in Canada, a difference of 210.57 billion current LCU.
That makes Iceland's figure about 1.3 times Canada's.
The two have swapped places 3 times across 26 shared years of data; in 1997 it was Canada ahead.
Canada ranks 76th and Iceland ranks 74th of 208 countries.
Across the 4 decades both report, Canada averaged higher in 3 and Iceland in 1.
Head to head by decade
| Decade | Canada | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 262.97 billion current LCU | 144.63 billion current LCU | 118.34 billion current LCU | Canada |
| 2000s | 393.54 billion current LCU | 239.09 billion current LCU | 154.45 billion current LCU | Canada |
| 2010s | 509.84 billion current LCU | 465.36 billion current LCU | 44.49 billion current LCU | Canada |
| 2020s | 645.87 billion current LCU | 699.54 billion current LCU | 53.68 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Canada or Iceland?
- Iceland, at 993.93 billion current LCU against 783.36 billion current LCU in Canada as of 2025.
- What is the difference in industry (including construction), value added between Canada and Iceland?
- 210.57 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Canada and Iceland?
- 26 years are reported by both, from 1997 to 2022.
- How do Canada and Iceland rank globally for industry (including construction), value added?
- Canada ranks 76th and Iceland ranks 74th of 208 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.