Gross value added and income by detailed industry (NACE Rev.2 ) in Iceland
Iceland: Gross value added and income by detailed industry (NACE Rev.2 ) was 120.65 Chain linked volumes, index 2020=100 in 2025. ▲ Rising
Latest (2025)
120.65 Chain linked volumes, index 2020=100
Change on year
up 1.1%
World rank
11th
of 46 countries
All-time high
120.65 Chain linked volumes, index 2020=100
in 2025
All-time low
50.09 Chain linked volumes, index 2020=100
in 1995
Years of data
31
1995–2025
Gross value added and income by detailed industry in Iceland, 1995–2025
Source: Eurostat. Measured in Chain linked volumes, index 2020=100.
Analysis
In 2025, gross value added and income by detailed industry in Iceland stood at 120.65 Chain linked volumes, index 2020=100. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 1.1% on the previous year and up 31.0% over ten years.
Over the whole period, gross value added and income by detailed industry in Iceland peaked at 120.65 Chain linked volumes, index 2020=100 in 2025 and was at its lowest, 50.09 Chain linked volumes, index 2020=100, in 1995.
Iceland ranks 11th of 46 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added and income by detailed industry (NACE Rev.2 ) in Iceland, year by year
| Year | Chain linked volumes, index 2020=100 | Change |
|---|---|---|
| 1995 | 50.09 Chain linked volumes, index 2020=100 | — |
| 1996 | 52.35 Chain linked volumes, index 2020=100 | +4.5% |
| 1997 | 54.51 Chain linked volumes, index 2020=100 | +4.1% |
| 1998 | 58.34 Chain linked volumes, index 2020=100 | +7.0% |
| 1999 | 60.61 Chain linked volumes, index 2020=100 | +3.9% |
| 2000 | 63.58 Chain linked volumes, index 2020=100 | +4.9% |
| 2001 | 66.03 Chain linked volumes, index 2020=100 | +3.8% |
| 2002 | 66.38 Chain linked volumes, index 2020=100 | +0.5% |
| 2003 | 67.9 Chain linked volumes, index 2020=100 | +2.3% |
| 2004 | 73.07 Chain linked volumes, index 2020=100 | +7.6% |
| 2005 | 78.21 Chain linked volumes, index 2020=100 | +7.0% |
| 2006 | 82.65 Chain linked volumes, index 2020=100 | +5.7% |
| 2007 | 89.87 Chain linked volumes, index 2020=100 | +8.7% |
| 2008 | 91.4 Chain linked volumes, index 2020=100 | +1.7% |
| 2009 | 83.79 Chain linked volumes, index 2020=100 | -8.3% |
| 2010 | 81.93 Chain linked volumes, index 2020=100 | -2.2% |
| 2011 | 83.06 Chain linked volumes, index 2020=100 | +1.4% |
| 2012 | 84.03 Chain linked volumes, index 2020=100 | +1.2% |
| 2013 | 87.06 Chain linked volumes, index 2020=100 | +3.6% |
| 2014 | 88.72 Chain linked volumes, index 2020=100 | +1.9% |
| 2015 | 92.06 Chain linked volumes, index 2020=100 | +3.8% |
| 2016 | 97.79 Chain linked volumes, index 2020=100 | +6.2% |
| 2017 | 101.2 Chain linked volumes, index 2020=100 | +3.5% |
| 2018 | 105.91 Chain linked volumes, index 2020=100 | +4.7% |
| 2019 | 107.12 Chain linked volumes, index 2020=100 | +1.1% |
| 2020 | 100 Chain linked volumes, index 2020=100 | -6.6% |
| 2021 | 105.18 Chain linked volumes, index 2020=100 | +5.2% |
| 2022 | 114.5 Chain linked volumes, index 2020=100 | +8.9% |
| 2023 | 120.44 Chain linked volumes, index 2020=100 | +5.2% |
| 2024 | 119.35 Chain linked volumes, index 2020=100 | -0.9% |
| 2025 | 120.65 Chain linked volumes, index 2020=100 | +1.1% |
Iceland compared with similar countries
- Iceland's 120.65 Chain linked volumes, index 2020=100 is above the median for Europe & Central Asia, which is 114.56 Chain linked volumes, index 2020=100, 1.1× the median. (34 countries reporting)
- Iceland's 120.65 Chain linked volumes, index 2020=100 is above the median for high income countries, which is 114.56 Chain linked volumes, index 2020=100, 1.1× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 55.18 Chain linked volumes, index 2020=100 | 50.09 Chain linked volumes, index 2020=100 | 60.61 Chain linked volumes, index 2020=100 | 5 |
| 2000s | 76.29 Chain linked volumes, index 2020=100 | 63.58 Chain linked volumes, index 2020=100 | 91.4 Chain linked volumes, index 2020=100 | 10 |
| 2010s | 92.89 Chain linked volumes, index 2020=100 | 81.93 Chain linked volumes, index 2020=100 | 107.12 Chain linked volumes, index 2020=100 | 10 |
| 2020s | 113.35 Chain linked volumes, index 2020=100 | 100 Chain linked volumes, index 2020=100 | 120.65 Chain linked volumes, index 2020=100 | 6 |
Countries ranked near Iceland
- 8 Albania 124.99 Chain linked volumes, index 2020=100 compare
- 9 Spain 123.97 Chain linked volumes, index 2020=100 compare
- 10 Portugal 121.08 Chain linked volumes, index 2020=100 compare
- 12 Serbia 120.4 Chain linked volumes, index 2020=100 compare
- 12 Serbia 120.4 Chain linked volumes, index 2020=100 compare
- 14 Poland 120.3 Chain linked volumes, index 2020=100 compare
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross value added and income by detailed industry in Iceland?
- Gross value added and income by detailed industry in Iceland was 120.65 Chain linked volumes, index 2020=100 in 2025, according to Eurostat.
- What is the highest gross value added and income by detailed industry recorded in Iceland?
- The highest recorded value was 120.65 Chain linked volumes, index 2020=100 in 2025.
- What is the lowest gross value added and income by detailed industry recorded in Iceland?
- The lowest recorded value was 50.09 Chain linked volumes, index 2020=100 in 1995.
- How does Iceland rank for gross value added and income by detailed industry?
- Iceland ranks 11th out of 46 countries with data for 2025.
- Is gross value added and income by detailed industry rising or falling in Iceland?
- Over the last ten years it is up 31.0%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Gross value added and income by detailed industry (NACE Rev.2 ). Statizoid updates them automatically from the source API.
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