Industry (including construction), value added (current LCU), annual in Iceland
Iceland: Industry (including construction), value added (current LCU), annual was 8.17 % change on previous year in 2025. ◆ Volatile
Industry (including construction), value added (current LCU), annual in Iceland, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for industry (including construction), value added (current lcu), annual in Iceland is 8.17 % change on previous year, measured in 2025.
The figure is up 27.2% on the previous year and up 24.0% over ten years.
Over the whole period, industry (including construction), value added (current lcu), annual in Iceland peaked at 30.81 % change on previous year in 2008 and was at its lowest, -12.83 % change on previous year, in 2009.
Iceland ranks 90th of 207 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (current LCU), annual in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 3.97 % change on previous year | — |
| 1997 | 18.4 % change on previous year | +362.8% |
| 1998 | 6.69 % change on previous year | -63.6% |
| 1999 | -0.3253 % change on previous year | -104.9% |
| 2000 | 9.94 % change on previous year | -3155.5% |
| 2001 | 20.95 % change on previous year | +110.8% |
| 2002 | -3.63 % change on previous year | -117.3% |
| 2003 | -1.38 % change on previous year | -62.1% |
| 2004 | 12.07 % change on previous year | -976.9% |
| 2005 | 5.46 % change on previous year | -54.8% |
| 2006 | 23.17 % change on previous year | +324.5% |
| 2007 | 2.39 % change on previous year | -89.7% |
| 2008 | 30.81 % change on previous year | +1191.5% |
| 2009 | -12.83 % change on previous year | -141.7% |
| 2010 | 17.62 % change on previous year | -237.3% |
| 2011 | 5.82 % change on previous year | -67.0% |
| 2012 | -0.9156 % change on previous year | -115.7% |
| 2013 | 4.33 % change on previous year | -572.9% |
| 2014 | 7.17 % change on previous year | +65.6% |
| 2015 | 6.58 % change on previous year | -8.2% |
| 2016 | 7.67 % change on previous year | +16.5% |
| 2017 | 3.55 % change on previous year | -53.7% |
| 2018 | 11.44 % change on previous year | +222.1% |
| 2019 | 1.92 % change on previous year | -83.2% |
| 2020 | 1.47 % change on previous year | -23.7% |
| 2021 | 13.19 % change on previous year | +798.5% |
| 2022 | 21.73 % change on previous year | +64.7% |
| 2023 | 4.8 % change on previous year | -77.9% |
| 2024 | 6.42 % change on previous year | +33.8% |
| 2025 | 8.17 % change on previous year | +27.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.18 % change on previous year | -0.3253 % change on previous year | 18.4 % change on previous year | 4 |
| 2000s | 8.7 % change on previous year | -12.83 % change on previous year | 30.81 % change on previous year | 10 |
| 2010s | 6.52 % change on previous year | -0.9156 % change on previous year | 17.62 % change on previous year | 10 |
| 2020s | 9.3 % change on previous year | 1.47 % change on previous year | 21.73 % change on previous year | 6 |
Countries ranked near Iceland
- 87 Guatemala 8.4 % change on previous year compare
- 88 North Macedonia 8.4 % change on previous year compare
- 89 Cape Verde 8.25 % change on previous year compare
- 91 Turkmenistan 8.16 % change on previous year compare
- 92 Tuvalu 8.13 % change on previous year compare
- 93 Honduras 8.11 % change on previous year 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)
- Manufacturing, value added (constant LCU), per capita 729,781 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 16.18 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2006 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 19,720 current US$ per person (2025)
- Industry (including construction), value added (current LCU), per 25.76 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 2.53 million current LCU per person (2025)
- 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)
Frequently asked questions
- What is industry (including construction), value added (current lcu), annual in Iceland?
- Industry (including construction), value added (current lcu), annual in Iceland was 8.17 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest industry (including construction), value added (current lcu), annual recorded in Iceland?
- The highest recorded value was 30.81 % change on previous year in 2008.
- What is the lowest industry (including construction), value added (current lcu), annual recorded in Iceland?
- The lowest recorded value was -12.83 % change on previous year in 2009.
- How does Iceland rank for industry (including construction), value added (current lcu), annual?
- Iceland ranks 90th out of 207 countries with data for 2025.
- Is industry (including construction), value added (current lcu), annual rising or falling in Iceland?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.