Iceland vs Serbia: Manufacturing, value added (current LCU), annual growth rate

Iceland
5.26 % change on previous year
in 2025
Serbia
5.53 % change on previous year
in 2024
Iceland rank
98th
Serbia rank
95th

Manufacturing, value added (current LCU), annual growth rate over time

  • Iceland
  • Serbia
050100150199620102025

How they compare

Serbia currently reports 5.53 % change on previous year against 5.26 % change on previous year in Iceland, a difference of 0.27 % change on previous year.

That makes Serbia's figure about 1.1 times Iceland's.

The two have swapped places 11 times across 29 shared years of data; in 1996 it was Serbia ahead.

Iceland ranks 98th and Serbia ranks 95th of 203 countries.

Across the 4 decades both report, Iceland averaged higher in 1 and Serbia in 3.

Head to head by decade

Decade Iceland Serbia Difference Ahead
1990s 5.12 % change on previous year 37.75 % change on previous year 32.63 % change on previous year Serbia
2000s 10.28 % change on previous year 30.7 % change on previous year 20.42 % change on previous year Serbia
2010s 4.17 % change on previous year 5.8 % change on previous year 1.63 % change on previous year Serbia
2020s 9.88 % change on previous year 7.02 % change on previous year 2.86 % change on previous year Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher manufacturing, value added (current lcu), annual growth rate, Iceland or Serbia?
Serbia, at 5.53 % change on previous year against 5.26 % change on previous year in Iceland as of 2024.
What is the difference in manufacturing, value added (current lcu), annual growth rate between Iceland and Serbia?
0.27 % change on previous year, with Serbia ahead.
How many years of comparable data are there for Iceland and Serbia?
29 years are reported by both, from 1996 to 2024.
How do Iceland and Serbia rank globally for manufacturing, value added (current lcu), annual growth rate?
Iceland ranks 98th and Serbia ranks 95th of 203 countries.
Where does this data come from?
Statizoid (derived), published as Manufacturing, value added (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Serbia: Manufacturing, value added (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://economy.statizoid.com/compare/manufacturing-value-added-current-lcu-annual-growth-rate/iceland/serbia/

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About this data

Indicator
Manufacturing, value added (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 7,981 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Manufacturing, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.