Iceland vs Malaysia: Manufacturing, value added
Manufacturing, value added over time
- Iceland
- Malaysia
How they compare
Malaysia currently reports 447.01 billion current LCU against 422.68 billion current LCU in Iceland, a difference of 24.33 billion current LCU.
That makes Malaysia's figure about 1.1 times Iceland's.
The two have swapped places 5 times across 31 shared years of data; in 1995 it was Iceland ahead.
Iceland ranks 71st and Malaysia ranks 70th of 204 countries.
Malaysia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 72.96 billion current LCU | 76.77 billion current LCU | 3.81 billion current LCU | Malaysia |
| 2000s | 114.52 billion current LCU | 144.17 billion current LCU | 29.65 billion current LCU | Malaysia |
| 2010s | 237.34 billion current LCU | 258.57 billion current LCU | 21.23 billion current LCU | Malaysia |
| 2020s | 362.84 billion current LCU | 399.63 billion current LCU | 36.78 billion current LCU | Malaysia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Iceland or Malaysia?
- Malaysia, at 447.01 billion current LCU against 422.68 billion current LCU in Iceland as of 2025.
- What is the difference in manufacturing, value added between Iceland and Malaysia?
- 24.33 billion current LCU, with Malaysia ahead.
- How many years of comparable data are there for Iceland and Malaysia?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and Malaysia rank globally for manufacturing, value added?
- Iceland ranks 71st and Malaysia ranks 70th of 204 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.