Georgia vs Iceland: Services, value added

Georgia
24.39 billion current US$
in 2025
Iceland
25.55 billion current US$
in 2025
Georgia rank
101st
Iceland rank
98th

Services, value added over time

  • Georgia
  • Iceland
05.0B10.0B15.0B20.0B25.0B198720062025

How they compare

Iceland currently reports 25.55 billion current US$ against 24.39 billion current US$ in Georgia, a difference of 1.16 billion current US$.

The two have swapped places 2 times across 30 shared years of data; in 1996 it was Iceland ahead.

Georgia ranks 101st and Iceland ranks 98th of 206 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Georgia Iceland Difference Ahead
1990s 1.49 billion current US$ 4.54 billion current US$ 3.05 billion current US$ Iceland
2000s 3.74 billion current US$ 8.54 billion current US$ 4.79 billion current US$ Iceland
2010s 9.86 billion current US$ 12.47 billion current US$ 2.61 billion current US$ Iceland
2020s 16.63 billion current US$ 19.74 billion current US$ 3.11 billion current US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services, value added, Georgia or Iceland?
Iceland, at 25.55 billion current US$ against 24.39 billion current US$ in Georgia as of 2025.
What is the difference in services, value added between Georgia and Iceland?
1.16 billion current US$, with Iceland ahead.
How many years of comparable data are there for Georgia and Iceland?
30 years are reported by both, from 1996 to 2025.
How do Georgia and Iceland rank globally for services, value added?
Georgia ranks 101st and Iceland ranks 98th of 206 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Services, value added (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Georgia vs Iceland: Services, value added. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/services-value-added-current-us/georgia/iceland/

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About this data

Indicator
Services, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
254 places, 10,774 data points, 1960–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.