Iceland vs Luxembourg: Manufacturing, value added
Manufacturing, value added over time
- Iceland
- Luxembourg
How they compare
Luxembourg currently reports 3.77 billion current US$ against 3.29 billion current US$ in Iceland, a difference of 475.32 million current US$.
That makes Luxembourg's figure about 1.1 times Iceland's.
Across all 31 years both countries report, Luxembourg has been ahead every year.
Iceland ranks 105th and Luxembourg ranks 103rd of 205 countries.
Luxembourg has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.05 billion current US$ | 2.25 billion current US$ | 1.20 billion current US$ | Luxembourg |
| 2000s | 1.40 billion current US$ | 2.82 billion current US$ | 1.41 billion current US$ | Luxembourg |
| 2010s | 2.00 billion current US$ | 3.18 billion current US$ | 1.18 billion current US$ | Luxembourg |
| 2020s | 2.72 billion current US$ | 3.64 billion current US$ | 926.18 million current US$ | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Iceland or Luxembourg?
- Luxembourg, at 3.77 billion current US$ against 3.29 billion current US$ in Iceland as of 2025.
- What is the difference in manufacturing, value added between Iceland and Luxembourg?
- 475.32 million current US$, with Luxembourg ahead.
- How many years of comparable data are there for Iceland and Luxembourg?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and Luxembourg rank globally for manufacturing, value added?
- Iceland ranks 105th and Luxembourg ranks 103rd of 205 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (current US$). 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 indicator is expressed in United States dollars.