Industry (including construction), value added (current LCU), per in Iceland
Iceland: Industry (including construction), value added (current LCU), per was 8.56 million current LCU per square kilometre in 2023. ◆ Volatile
Industry (including construction), value added (current LCU), per in Iceland, 1995–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
The most recent figure for industry (including construction), value added (current lcu), per in Iceland is 8.56 million current LCU per square kilometre, measured in 2023. That is the highest value across all 29 years on record.
That represents a change of up 4.8% on the previous year and up 110.7% over ten years.
Over the whole period, industry (including construction), value added (current lcu), per in Iceland peaked at 8.56 million current LCU per square kilometre in 2023 and was at its lowest, 1.12 million current LCU per square kilometre, in 1995.
That places Iceland 74th out of 205 countries with data for 2023, putting it 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), per in Iceland, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1995 | 1.12 million current LCU per square kilometre | — |
| 1996 | 1.17 million current LCU per square kilometre | +4.0% |
| 1997 | 1.38 million current LCU per square kilometre | +18.4% |
| 1998 | 1.48 million current LCU per square kilometre | +6.7% |
| 1999 | 1.47 million current LCU per square kilometre | -0.3% |
| 2000 | 1.62 million current LCU per square kilometre | +9.9% |
| 2001 | 1.96 million current LCU per square kilometre | +21.0% |
| 2002 | 1.88 million current LCU per square kilometre | -3.6% |
| 2003 | 1.86 million current LCU per square kilometre | -1.4% |
| 2004 | 2.08 million current LCU per square kilometre | +12.1% |
| 2005 | 2.20 million current LCU per square kilometre | +5.5% |
| 2006 | 2.71 million current LCU per square kilometre | +23.2% |
| 2007 | 2.77 million current LCU per square kilometre | +2.4% |
| 2008 | 3.62 million current LCU per square kilometre | +30.8% |
| 2009 | 3.16 million current LCU per square kilometre | -12.8% |
| 2010 | 3.71 million current LCU per square kilometre | +17.6% |
| 2011 | 3.93 million current LCU per square kilometre | +5.8% |
| 2012 | 3.89 million current LCU per square kilometre | -0.9% |
| 2013 | 4.06 million current LCU per square kilometre | +4.3% |
| 2014 | 4.35 million current LCU per square kilometre | +7.2% |
| 2015 | 4.64 million current LCU per square kilometre | +6.6% |
| 2016 | 5.00 million current LCU per square kilometre | +7.7% |
| 2017 | 5.18 million current LCU per square kilometre | +3.5% |
| 2018 | 5.73 million current LCU per square kilometre | +10.8% |
| 2019 | 5.84 million current LCU per square kilometre | +1.9% |
| 2020 | 5.93 million current LCU per square kilometre | +1.5% |
| 2021 | 6.71 million current LCU per square kilometre | +13.2% |
| 2022 | 8.17 million current LCU per square kilometre | +21.7% |
| 2023 | 8.56 million current LCU per square kilometre | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.32 million current LCU per square kilometre | 1.12 million current LCU per square kilometre | 1.48 million current LCU per square kilometre | 5 |
| 2000s | 2.38 million current LCU per square kilometre | 1.62 million current LCU per square kilometre | 3.62 million current LCU per square kilometre | 10 |
| 2010s | 4.64 million current LCU per square kilometre | 3.71 million current LCU per square kilometre | 5.84 million current LCU per square kilometre | 10 |
| 2020s | 7.34 million current LCU per square kilometre | 5.93 million current LCU per square kilometre | 8.56 million current LCU per square kilometre | 4 |
Countries ranked near Iceland
- 71 Bahrain 9.43 million current LCU per square kilometre compare
- 72 Seychelles 8.80 million current LCU per square kilometre compare
- 73 North Macedonia 8.60 million current LCU per square kilometre compare
- 75 Bermuda 7.37 million current LCU per square kilometre compare
- 76 Malta 7.24 million current LCU per square kilometre compare
- 77 Cape Verde 6.95 million current 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)
- Gross capital formation (constant 2015 US$), annual growth rate 5.88 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1585 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 15,584 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 12.67 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.4237 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 41,663 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 4.9 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 54.43 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added (current lcu), per in Iceland?
- Industry (including construction), value added (current lcu), per in Iceland was 8.56 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest industry (including construction), value added (current lcu), per recorded in Iceland?
- The highest recorded value was 8.56 million current LCU per square kilometre in 2023.
- What is the lowest industry (including construction), value added (current lcu), per recorded in Iceland?
- The lowest recorded value was 1.12 million current LCU per square kilometre in 1995.
- How does Iceland rank for industry (including construction), value added (current lcu), per?
- Iceland ranks 74th out of 205 countries with data for 2023.
- Is industry (including construction), value added (current lcu), per rising or falling in Iceland?
- Over the last ten years it is up 110.7%. 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), 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 (current 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 (current 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 (current 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.