Iceland vs Upper middle income: Industry (including construction), value added per worker
Industry (including construction), value added per worker over time
- Iceland
- Upper middle income
How they compare
Iceland currently reports 102,710 constant 2015 US$ against 25,948 constant 2015 US$ in Upper middle income, a difference of 76,762 constant 2015 US$.
That makes Iceland's figure about 4.0 times Upper middle income's.
Across all 31 years both countries report, Iceland has been ahead every year.
Iceland ranks 15th and Upper middle income ranks 16th of 176 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 61,430 constant 2015 US$ | 9,233 constant 2015 US$ | 52,198 constant 2015 US$ | Iceland |
| 2000s | 81,676 constant 2015 US$ | 12,762 constant 2015 US$ | 68,915 constant 2015 US$ | Iceland |
| 2010s | 100,683 constant 2015 US$ | 19,174 constant 2015 US$ | 81,510 constant 2015 US$ | Iceland |
| 2020s | 103,275 constant 2015 US$ | 24,421 constant 2015 US$ | 78,855 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 Upper middle income?
- Iceland, at 102,710 constant 2015 US$ against 25,948 constant 2015 US$ in Upper middle income as of 2025.
- What is the difference in industry (including construction), value added per worker between Iceland and Upper middle income?
- 76,762 constant 2015 US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Upper middle income?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and Upper middle income rank globally for industry (including construction), value added per worker?
- Iceland ranks 15th and Upper middle income ranks 16th of 176 countries.
- Where does this data come from?
- World Development Indicators database, World Bank (WB), published as Industry (including construction), value added per worker (constant 2015 US$). 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.