Industry (including construction), value added (constant 2015 US$) in Iceland
Iceland: Industry (including construction), value added (constant 2015 US$) was 11,161 constant 2015 US$ per person in 2025. ▲ Rising
Industry (including construction), value added (constant 2015 US$) in Iceland, 1995–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
In 2025, industry (including construction), value added (constant 2015 us$) in Iceland stood at 11,161 constant 2015 US$ per person.
Compared with earlier readings it is down 2.7% on the previous year and up 4.7% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Iceland peaked at 12,235 constant 2015 US$ per person in 2007 and was at its lowest, 7,908 constant 2015 US$ per person, in 1995.
That places Iceland 16th out of 195 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Industry (including construction), value added (constant 2015 US$) in Iceland, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1995 | 7,908 constant 2015 US$ per person | — |
| 1996 | 8,155 constant 2015 US$ per person | +3.1% |
| 1997 | 8,344 constant 2015 US$ per person | +2.3% |
| 1998 | 8,479 constant 2015 US$ per person | +1.6% |
| 1999 | 8,579 constant 2015 US$ per person | +1.2% |
| 2000 | 9,117 constant 2015 US$ per person | +6.3% |
| 2001 | 9,289 constant 2015 US$ per person | +1.9% |
| 2002 | 8,982 constant 2015 US$ per person | -3.3% |
| 2003 | 9,009 constant 2015 US$ per person | +0.3% |
| 2004 | 10,100 constant 2015 US$ per person | +12.1% |
| 2005 | 11,038 constant 2015 US$ per person | +9.3% |
| 2006 | 11,885 constant 2015 US$ per person | +7.7% |
| 2007 | 12,235 constant 2015 US$ per person | +3.0% |
| 2008 | 11,700 constant 2015 US$ per person | -4.4% |
| 2009 | 9,342 constant 2015 US$ per person | -20.2% |
| 2010 | 9,230 constant 2015 US$ per person | -1.2% |
| 2011 | 9,341 constant 2015 US$ per person | +1.2% |
| 2012 | 9,511 constant 2015 US$ per person | +1.8% |
| 2013 | 9,865 constant 2015 US$ per person | +3.7% |
| 2014 | 10,355 constant 2015 US$ per person | +5.0% |
| 2015 | 10,663 constant 2015 US$ per person | +3.0% |
| 2016 | 11,302 constant 2015 US$ per person | +6.0% |
| 2017 | 11,271 constant 2015 US$ per person | -0.3% |
| 2018 | 11,603 constant 2015 US$ per person | +2.9% |
| 2019 | 10,847 constant 2015 US$ per person | -6.5% |
| 2020 | 10,378 constant 2015 US$ per person | -4.3% |
| 2021 | 10,612 constant 2015 US$ per person | +2.2% |
| 2022 | 11,070 constant 2015 US$ per person | +4.3% |
| 2023 | 11,284 constant 2015 US$ per person | +1.9% |
| 2024 | 11,472 constant 2015 US$ per person | +1.7% |
| 2025 | 11,161 constant 2015 US$ per person | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8,293 constant 2015 US$ per person | 7,908 constant 2015 US$ per person | 8,579 constant 2015 US$ per person | 5 |
| 2000s | 10,270 constant 2015 US$ per person | 8,982 constant 2015 US$ per person | 12,235 constant 2015 US$ per person | 10 |
| 2010s | 10,399 constant 2015 US$ per person | 9,230 constant 2015 US$ per person | 11,603 constant 2015 US$ per person | 10 |
| 2020s | 10,996 constant 2015 US$ per person | 10,378 constant 2015 US$ per person | 11,472 constant 2015 US$ per person | 6 |
Countries ranked near Iceland
- 13 South Korea 12,771 constant 2015 US$ per person compare
- 14 Sweden 11,578 constant 2015 US$ per person compare
- 15 Austria 11,173 constant 2015 US$ per person compare
- 17 Japan 10,668 constant 2015 US$ per person compare
- 18 Canada 10,203 constant 2015 US$ per person compare
- 19 Germany 10,131 constant 2015 US$ per person compare
More economy & growth data for Iceland
- 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)
- Industry (including construction), value added (constant 2015 US$) -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1135 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), annual -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 17.85 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1.75 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 17.85 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6623 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 65,116 current US$ per person (2025)
Frequently asked questions
- What is industry (including construction), value added (constant 2015 us$) in Iceland?
- Industry (including construction), value added (constant 2015 us$) in Iceland was 11,161 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Iceland?
- The highest recorded value was 12,235 constant 2015 US$ per person in 2007.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Iceland?
- The lowest recorded value was 7,908 constant 2015 US$ per person in 1995.
- How does Iceland rank for industry (including construction), value added (constant 2015 us$)?
- Iceland ranks 16th out of 195 countries with data for 2025.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Iceland?
- Over the last ten years it is up 4.7%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant 2015 US$) ÷ Population, total
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.