Europe & Central Asia (IDA & IBRD countries) vs Iceland: Services, value added per worker
Services, value added per worker over time
- Europe & Central Asia (IDA & IBRD countries)
- Iceland
How they compare
Iceland currently reports 84,021 constant 2015 US$ against 21,125 constant 2015 US$ in Europe & Central Asia (IDA & IBRD countries), a difference of 62,896 constant 2015 US$.
That makes Iceland's figure about 4.0 times Europe & Central Asia (IDA & IBRD countries)'s.
Across all 31 years both countries report, Iceland has been ahead every year.
Europe & Central Asia (IDA & IBRD countries) ranks 19th and Iceland ranks 14th of 46 groups.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11,178 constant 2015 US$ | 64,109 constant 2015 US$ | 52,931 constant 2015 US$ | Iceland |
| 2000s | 13,679 constant 2015 US$ | 73,984 constant 2015 US$ | 60,305 constant 2015 US$ | Iceland |
| 2010s | 17,346 constant 2015 US$ | 77,889 constant 2015 US$ | 60,543 constant 2015 US$ | Iceland |
| 2020s | 21,713 constant 2015 US$ | 82,351 constant 2015 US$ | 60,638 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 (IDA & IBRD countries) or Iceland?
- Iceland, at 84,021 constant 2015 US$ against 21,125 constant 2015 US$ in Europe & Central Asia (IDA & IBRD countries) as of 2025.
- What is the difference in services, value added per worker between Europe & Central Asia (IDA & IBRD countries) and Iceland?
- 62,896 constant 2015 US$, with Iceland ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Iceland?
- 31 years are reported by both, from 1995 to 2025.
- How do Europe & Central Asia (IDA & IBRD countries) and Iceland rank globally for services, value added per worker?
- Europe & Central Asia (IDA & IBRD countries) ranks 19th and Iceland ranks 14th of 46 groups.
- Where does this data come from?
- World Development Indicators database, World Bank (WB), published as Services, value added per worker (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.