Iceland vs World: Services, value added per worker
Services, value added per worker over time
- Iceland
- World
How they compare
Iceland currently reports 84,021 constant 2015 US$ against 26,635 constant 2015 US$ in World, a difference of 57,386 constant 2015 US$.
That makes Iceland's figure about 3.2 times World's.
Across all 31 years both countries report, Iceland has been ahead every year.
Iceland ranks 14th and World ranks 12th of 176 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | World | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 64,109 constant 2015 US$ | 21,608 constant 2015 US$ | 42,500 constant 2015 US$ | Iceland |
| 2000s | 73,984 constant 2015 US$ | 23,104 constant 2015 US$ | 50,880 constant 2015 US$ | Iceland |
| 2010s | 77,889 constant 2015 US$ | 25,570 constant 2015 US$ | 52,319 constant 2015 US$ | Iceland |
| 2020s | 82,351 constant 2015 US$ | 26,937 constant 2015 US$ | 55,414 constant 2015 US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added per worker, Iceland or World?
- Iceland, at 84,021 constant 2015 US$ against 26,635 constant 2015 US$ in World as of 2025.
- What is the difference in services, value added per worker between Iceland and World?
- 57,386 constant 2015 US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and World?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and World rank globally for services, value added per worker?
- Iceland ranks 14th and World ranks 12th of 176 countries.
- Where does this data come from?
- World Development Indicators database, World Bank (WB), published as Services, value added per worker (constant 2015 US$). 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.