Iceland vs Latin America & Caribbean: Industry (including construction), value added per worker
Industry (including construction), value added per worker over time
- Iceland
- Latin America & Caribbean
How they compare
Iceland currently reports 102,710 constant 2015 US$ against 22,007 constant 2015 US$ in Latin America & Caribbean, a difference of 80,703 constant 2015 US$.
That makes Iceland's figure about 4.7 times Latin America & Caribbean's.
Across all 31 years both countries report, Iceland has been ahead every year.
Iceland ranks 15th and Latin America & Caribbean ranks 20th of 176 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 61,430 constant 2015 US$ | 20,947 constant 2015 US$ | 40,484 constant 2015 US$ | Iceland |
| 2000s | 81,676 constant 2015 US$ | 21,252 constant 2015 US$ | 60,424 constant 2015 US$ | Iceland |
| 2010s | 100,683 constant 2015 US$ | 22,550 constant 2015 US$ | 78,133 constant 2015 US$ | Iceland |
| 2020s | 103,275 constant 2015 US$ | 21,863 constant 2015 US$ | 81,412 constant 2015 US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added per worker, Iceland or Latin America & Caribbean?
- Iceland, at 102,710 constant 2015 US$ against 22,007 constant 2015 US$ in Latin America & Caribbean as of 2025.
- What is the difference in industry (including construction), value added per worker between Iceland and Latin America & Caribbean?
- 80,703 constant 2015 US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latin America & Caribbean?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and Latin America & Caribbean rank globally for industry (including construction), value added per worker?
- Iceland ranks 15th and Latin America & Caribbean ranks 20th of 176 countries.
- Where does this data come from?
- World Development Indicators database, World Bank (WB), published as Industry (including construction), value added per worker (constant 2015 US$). 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. The core indicator has been divided by the number of workers in this sector to derive a measure of labor productivity. 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.