Europe & Central Asia (excluding high income) vs Iceland: Services, value added per worker

Europe & Central Asia (excluding high income)
24,858 constant 2015 US$
in 2024
Iceland
84,021 constant 2015 US$
in 2025
Europe & Central Asia (excluding high income) rank
14th
Iceland rank
14th

Services, value added per worker over time

  • Europe & Central Asia (excluding high income)
  • Iceland
020.0k40.0k60.0k80.0k199120082025

How they compare

Iceland currently reports 84,021 constant 2015 US$ against 24,858 constant 2015 US$ in Europe & Central Asia (excluding high income), a difference of 59,163 constant 2015 US$.

That makes Iceland's figure about 3.4 times Europe & Central Asia (excluding high income)'s.

Across all 30 years both countries report, Iceland has been ahead every year.

Europe & Central Asia (excluding high income) ranks 14th and Iceland ranks 14th of 46 groups.

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

Head to head by decade

Decade Europe & Central Asia (excluding high income) Iceland Difference Ahead
1990s 9,396 constant 2015 US$ 64,109 constant 2015 US$ 54,713 constant 2015 US$ Iceland
2000s 11,781 constant 2015 US$ 73,984 constant 2015 US$ 62,203 constant 2015 US$ Iceland
2010s 15,670 constant 2015 US$ 77,889 constant 2015 US$ 62,219 constant 2015 US$ Iceland
2020s 22,170 constant 2015 US$ 82,017 constant 2015 US$ 59,848 constant 2015 US$ Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services, value added per worker, Europe & Central Asia (excluding high income) or Iceland?
Iceland, at 84,021 constant 2015 US$ against 24,858 constant 2015 US$ in Europe & Central Asia (excluding high income) as of 2025.
What is the difference in services, value added per worker between Europe & Central Asia (excluding high income) and Iceland?
59,163 constant 2015 US$, with Iceland ahead.
How many years of comparable data are there for Europe & Central Asia (excluding high income) and Iceland?
30 years are reported by both, from 1995 to 2024.
How do Europe & Central Asia (excluding high income) and Iceland rank globally for services, value added per worker?
Europe & Central Asia (excluding high income) ranks 14th and Iceland ranks 14th of 46 groups.
Where does this data come from?
World Development Indicators database, World Bank (WB), published as Services, value added per worker (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (excluding high income) vs Iceland: Services, value added per worker. Statizoid, drawing on World Development Indicators database, World Bank (WB). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/services-value-added-per-worker-constant-2015-us/europe-and-central-asia-excluding-high-income/iceland/

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About this data

Indicator
Services, value added per worker (constant 2015 US$)
Unit
constant 2015 US$
Source
World Development Indicators database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
222 places, 7,068 data points, 1991–2025
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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. 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.