Industry (including construction), value added (constant LCU), per in Iceland
Iceland: Industry (including construction), value added (constant LCU), per was 6.79 million constant LCU per square kilometre in 2023. ▲ Rising
Industry (including construction), value added (constant LCU), per in Iceland, 1995–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
In 2023, industry (including construction), value added (constant lcu), per in Iceland stood at 6.79 million constant LCU per square kilometre. That is the highest value across all 29 years on record.
Compared with earlier readings it 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 lcu), per in Iceland peaked at 6.79 million constant LCU per square kilometre in 2023 and was at its lowest, 3.32 million constant LCU per square kilometre, in 1995.
That places Iceland 62nd out of 196 countries with data for 2023, putting it 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 LCU), per in Iceland, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1995 | 3.32 million constant LCU per square kilometre | — |
| 1996 | 3.44 million constant LCU per square kilometre | +3.7% |
| 1997 | 3.55 million constant LCU per square kilometre | +3.2% |
| 1998 | 3.64 million constant LCU per square kilometre | +2.7% |
| 1999 | 3.73 million constant LCU per square kilometre | +2.4% |
| 2000 | 4.02 million constant LCU per square kilometre | +7.7% |
| 2001 | 4.15 million constant LCU per square kilometre | +3.2% |
| 2002 | 4.05 million constant LCU per square kilometre | -2.4% |
| 2003 | 4.09 million constant LCU per square kilometre | +1.0% |
| 2004 | 4.63 million constant LCU per square kilometre | +13.1% |
| 2005 | 5.14 million constant LCU per square kilometre | +11.0% |
| 2006 | 5.66 million constant LCU per square kilometre | +10.2% |
| 2007 | 5.98 million constant LCU per square kilometre | +5.6% |
| 2008 | 5.82 million constant LCU per square kilometre | -2.6% |
| 2009 | 4.67 million constant LCU per square kilometre | -19.9% |
| 2010 | 4.60 million constant LCU per square kilometre | -1.3% |
| 2011 | 4.67 million constant LCU per square kilometre | +1.5% |
| 2012 | 4.78 million constant LCU per square kilometre | +2.4% |
| 2013 | 5.01 million constant LCU per square kilometre | +4.7% |
| 2014 | 5.32 million constant LCU per square kilometre | +6.1% |
| 2015 | 5.53 million constant LCU per square kilometre | +4.1% |
| 2016 | 5.95 million constant LCU per square kilometre | +7.5% |
| 2017 | 6.07 million constant LCU per square kilometre | +2.1% |
| 2018 | 6.38 million constant LCU per square kilometre | +5.1% |
| 2019 | 6.10 million constant LCU per square kilometre | -4.4% |
| 2020 | 5.93 million constant LCU per square kilometre | -2.8% |
| 2021 | 6.16 million constant LCU per square kilometre | +3.9% |
| 2022 | 6.59 million constant LCU per square kilometre | +7.0% |
| 2023 | 6.79 million constant LCU per square kilometre | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.54 million constant LCU per square kilometre | 3.32 million constant LCU per square kilometre | 3.73 million constant LCU per square kilometre | 5 |
| 2000s | 4.82 million constant LCU per square kilometre | 4.02 million constant LCU per square kilometre | 5.98 million constant LCU per square kilometre | 10 |
| 2010s | 5.44 million constant LCU per square kilometre | 4.60 million constant LCU per square kilometre | 6.38 million constant LCU per square kilometre | 10 |
| 2020s | 6.37 million constant LCU per square kilometre | 5.93 million constant LCU per square kilometre | 6.79 million constant LCU per square kilometre | 4 |
Countries ranked near Iceland
- 59 Thailand 7.16 million constant LCU per square kilometre compare
- 60 Bahrain 7.12 million constant LCU per square kilometre compare
- 61 Congo 6.93 million constant LCU per square kilometre compare
- 63 Bermuda 6.74 million constant LCU per square kilometre compare
- 64 Malta 6.20 million constant LCU per square kilometre compare
- 65 Cape Verde 5.61 million constant LCU 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 lcu), per in Iceland?
- Industry (including construction), value added (constant lcu), per in Iceland was 6.79 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), per recorded in Iceland?
- The highest recorded value was 6.79 million constant LCU per square kilometre in 2023.
- What is the lowest industry (including construction), value added (constant lcu), per recorded in Iceland?
- The lowest recorded value was 3.32 million constant LCU per square kilometre in 1995.
- How does Iceland rank for industry (including construction), value added (constant lcu), per?
- Iceland ranks 62nd out of 196 countries with data for 2023.
- Is industry (including construction), value added (constant lcu), per 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 LCU), 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 LCU) 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 LCU) ÷ 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 LCU) 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.