Industry (including construction), value added (constant 2015 US$) in Iceland
Iceland: Industry (including construction), value added (constant 2015 US$) was 43,159 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Industry (including construction), value added (constant 2015 US$) in Iceland, 1995–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
Iceland recorded 43,159 constant 2015 US$ per square kilometre for industry (including construction), value added (constant 2015 us$) in 2023. That is the highest value across all 29 years on record.
The figure is up 2.9% on the previous year and up 35.5% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Iceland peaked at 43,159 constant 2015 US$ per square kilometre in 2023 and was at its lowest, 21,098 constant 2015 US$ per square kilometre, in 1995.
Iceland ranks 129th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Industry (including construction), value added (constant 2015 US$) in Iceland, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1995 | 21,098 constant 2015 US$ per square kilometre | — |
| 1996 | 21,874 constant 2015 US$ per square kilometre | +3.7% |
| 1997 | 22,566 constant 2015 US$ per square kilometre | +3.2% |
| 1998 | 23,179 constant 2015 US$ per square kilometre | +2.7% |
| 1999 | 23,736 constant 2015 US$ per square kilometre | +2.4% |
| 2000 | 25,575 constant 2015 US$ per square kilometre | +7.7% |
| 2001 | 26,403 constant 2015 US$ per square kilometre | +3.2% |
| 2002 | 25,760 constant 2015 US$ per square kilometre | -2.4% |
| 2003 | 26,018 constant 2015 US$ per square kilometre | +1.0% |
| 2004 | 29,425 constant 2015 US$ per square kilometre | +13.1% |
| 2005 | 32,672 constant 2015 US$ per square kilometre | +11.0% |
| 2006 | 36,014 constant 2015 US$ per square kilometre | +10.2% |
| 2007 | 38,026 constant 2015 US$ per square kilometre | +5.6% |
| 2008 | 37,045 constant 2015 US$ per square kilometre | -2.6% |
| 2009 | 29,681 constant 2015 US$ per square kilometre | -19.9% |
| 2010 | 29,281 constant 2015 US$ per square kilometre | -1.3% |
| 2011 | 29,726 constant 2015 US$ per square kilometre | +1.5% |
| 2012 | 30,426 constant 2015 US$ per square kilometre | +2.4% |
| 2013 | 31,859 constant 2015 US$ per square kilometre | +4.7% |
| 2014 | 33,816 constant 2015 US$ per square kilometre | +6.1% |
| 2015 | 35,186 constant 2015 US$ per square kilometre | +4.1% |
| 2016 | 37,816 constant 2015 US$ per square kilometre | +7.5% |
| 2017 | 38,609 constant 2015 US$ per square kilometre | +2.1% |
| 2018 | 40,590 constant 2015 US$ per square kilometre | +5.1% |
| 2019 | 38,788 constant 2015 US$ per square kilometre | -4.4% |
| 2020 | 37,720 constant 2015 US$ per square kilometre | -2.8% |
| 2021 | 39,206 constant 2015 US$ per square kilometre | +3.9% |
| 2022 | 41,942 constant 2015 US$ per square kilometre | +7.0% |
| 2023 | 43,159 constant 2015 US$ per square kilometre | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22,491 constant 2015 US$ per square kilometre | 21,098 constant 2015 US$ per square kilometre | 23,736 constant 2015 US$ per square kilometre | 5 |
| 2000s | 30,662 constant 2015 US$ per square kilometre | 25,575 constant 2015 US$ per square kilometre | 38,026 constant 2015 US$ per square kilometre | 10 |
| 2010s | 34,610 constant 2015 US$ per square kilometre | 29,281 constant 2015 US$ per square kilometre | 40,590 constant 2015 US$ per square kilometre | 10 |
| 2020s | 40,507 constant 2015 US$ per square kilometre | 37,720 constant 2015 US$ per square kilometre | 43,159 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Iceland
- 126 Argentina 49,414 constant 2015 US$ per square kilometre compare
- 127 Australia 48,725 constant 2015 US$ per square kilometre compare
- 128 Canada 47,544 constant 2015 US$ per square kilometre compare
- 130 Palau 42,418 constant 2015 US$ per square kilometre compare
- 131 Myanmar 42,056 constant 2015 US$ per square kilometre compare
- 132 Brazil 41,718 constant 2015 US$ per square kilometre 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 2015 US$) 11,161 constant 2015 US$ per person (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)
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 43,159 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Iceland?
- The highest recorded value was 43,159 constant 2015 US$ per square kilometre in 2023.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Iceland?
- The lowest recorded value was 21,098 constant 2015 US$ per square kilometre in 1995.
- How does Iceland rank for industry (including construction), value added (constant 2015 us$)?
- Iceland ranks 129th out of 193 countries with data for 2023.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Iceland?
- Over the last ten years it is up 35.5%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Industry (including construction), value added (constant 2015 US$) divided by Land area (sq. km), 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$) ÷ Land area (sq. km)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.