Georgia vs Iceland: Industry (including construction), value added
Industry (including construction), value added over time
- Georgia
- Iceland
How they compare
Iceland currently reports 7.74 billion current US$ against 7.10 billion current US$ in Georgia, a difference of 642.25 million current US$.
That makes Iceland's figure about 1.1 times Georgia's.
The two have swapped places 4 times across 30 shared years of data; in 1996 it was Iceland ahead.
Georgia ranks 116th and Iceland ranks 114th of 206 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Georgia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 718.83 million current US$ | 1.96 billion current US$ | 1.24 billion current US$ | Iceland |
| 2000s | 1.41 billion current US$ | 2.99 billion current US$ | 1.59 billion current US$ | Iceland |
| 2010s | 3.12 billion current US$ | 3.93 billion current US$ | 813.64 million current US$ | Iceland |
| 2020s | 5.38 billion current US$ | 6.08 billion current US$ | 702.72 million current US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Georgia or Iceland?
- Iceland, at 7.74 billion current US$ against 7.10 billion current US$ in Georgia as of 2025.
- What is the difference in industry (including construction), value added between Georgia and Iceland?
- 642.25 million current US$, with Iceland ahead.
- How many years of comparable data are there for Georgia and Iceland?
- 30 years are reported by both, from 1996 to 2025.
- How do Georgia and Iceland rank globally for industry (including construction), value added?
- Georgia ranks 116th and Iceland ranks 114th of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.