Belgium vs Iceland: Machinery and transport equipment
Machinery and transport equipment over time
- Belgium
- Iceland
How they compare
Belgium currently reports 15.9% against 15.7% in Iceland, a difference of 0.2%.
Across all 46 years both countries report, Belgium has been ahead every year.
Belgium ranks 51st and Iceland ranks 53rd of 149 countries.
Belgium has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Belgium | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 14.6% | 9.6% | 5.0% | Belgium |
| 1970s | 15.0% | 9.7% | 5.4% | Belgium |
| 1980s | 15.0% | 3.5% | 11.5% | Belgium |
| 1990s | 18.8% | 6.0% | 12.7% | Belgium |
| 2000s | 18.5% | 8.3% | 10.2% | Belgium |
| 2010s | 17.9% | 10.4% | 7.5% | Belgium |
| 2020s | 14.7% | 12.2% | 2.5% | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher machinery and transport equipment, Belgium or Iceland?
- Belgium, at 15.9% against 15.7% in Iceland as of 2023.
- What is the difference in machinery and transport equipment between Belgium and Iceland?
- 0.2%, with Belgium ahead.
- How many years of comparable data are there for Belgium and Iceland?
- 46 years are reported by both, from 1968 to 2023.
- How do Belgium and Iceland rank globally for machinery and transport equipment?
- Belgium ranks 51st and Iceland ranks 53rd of 149 countries.
- Where does this data come from?
- International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as Machinery and transport equipment (% of value added in manufacturing). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. 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 as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).