Iceland vs Palestine: Manufacturing, value added (constant 2015 US$)
Manufacturing, value added (constant 2015 US$) over time
- Iceland
- Palestine
How they compare
Iceland currently reports 1.97 billion constant 2015 US$ against 1.91 billion constant 2015 US$ in Palestine, a difference of 52.60 million constant 2015 US$.
Across all 31 years both countries report, Iceland has been ahead every year.
Iceland ranks 108th and Palestine ranks 110th of 186 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Palestine | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.09 billion constant 2015 US$ | 854.70 million constant 2015 US$ | 233.10 million constant 2015 US$ | Iceland |
| 2000s | 1.31 billion constant 2015 US$ | 843.84 million constant 2015 US$ | 469.60 million constant 2015 US$ | Iceland |
| 2010s | 1.78 billion constant 2015 US$ | 1.53 billion constant 2015 US$ | 255.38 million constant 2015 US$ | Iceland |
| 2020s | 1.98 billion constant 2015 US$ | 1.69 billion constant 2015 US$ | 287.33 million constant 2015 US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Iceland or Palestine?
- Iceland, at 1.97 billion constant 2015 US$ against 1.91 billion constant 2015 US$ in Palestine as of 2025.
- What is the difference in manufacturing, value added between Iceland and Palestine?
- 52.60 million constant 2015 US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Palestine?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and Palestine rank globally for manufacturing, value added?
- Iceland ranks 108th and Palestine ranks 110th of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 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.