Industry (including construction), value added (current LCU), per in Iceland
Iceland: Industry (including construction), value added (current LCU), per was 25.76 current LCU per US$ of GDP in 2025. ▲ Rising
Industry (including construction), value added (current LCU), per in Iceland, 1995–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for industry (including construction), value added (current lcu), per in Iceland is 25.76 current LCU per US$ of GDP, measured in 2025.
That represents a change of down 7.0% on the previous year and down 2.0% over ten years.
Over the whole period, industry (including construction), value added (current lcu), per in Iceland peaked at 28.24 current LCU per US$ of GDP in 2022 and was at its lowest, 12.64 current LCU per US$ of GDP, in 2007.
Iceland ranks 59th of 207 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Industry (including construction), value added (current LCU), per in Iceland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 15.27 current LCU per US$ of GDP | — |
| 1996 | 15.23 current LCU per US$ of GDP | -0.3% |
| 1997 | 17.96 current LCU per US$ of GDP | +17.9% |
| 1998 | 17.12 current LCU per US$ of GDP | -4.7% |
| 1999 | 16.18 current LCU per US$ of GDP | -5.5% |
| 2000 | 17.73 current LCU per US$ of GDP | +9.5% |
| 2001 | 23.55 current LCU per US$ of GDP | +32.8% |
| 2002 | 20.06 current LCU per US$ of GDP | -14.8% |
| 2003 | 16.11 current LCU per US$ of GDP | -19.7% |
| 2004 | 14.95 current LCU per US$ of GDP | -7.2% |
| 2005 | 12.84 current LCU per US$ of GDP | -14.1% |
| 2006 | 15.35 current LCU per US$ of GDP | +19.5% |
| 2007 | 12.64 current LCU per US$ of GDP | -17.6% |
| 2008 | 19.91 current LCU per US$ of GDP | +57.4% |
| 2009 | 23.96 current LCU per US$ of GDP | +20.4% |
| 2010 | 26.75 current LCU per US$ of GDP | +11.6% |
| 2011 | 25.6 current LCU per US$ of GDP | -4.3% |
| 2012 | 26.13 current LCU per US$ of GDP | +2.1% |
| 2013 | 25.08 current LCU per US$ of GDP | -4.0% |
| 2014 | 24.18 current LCU per US$ of GDP | -3.6% |
| 2015 | 26.29 current LCU per US$ of GDP | +8.7% |
| 2016 | 23.76 current LCU per US$ of GDP | -9.6% |
| 2017 | 20.7 current LCU per US$ of GDP | -12.9% |
| 2018 | 21.67 current LCU per US$ of GDP | +4.7% |
| 2019 | 23.58 current LCU per US$ of GDP | +8.8% |
| 2020 | 27.14 current LCU per US$ of GDP | +15.1% |
| 2021 | 25.8 current LCU per US$ of GDP | -4.9% |
| 2022 | 28.24 current LCU per US$ of GDP | +9.5% |
| 2023 | 27.24 current LCU per US$ of GDP | -3.5% |
| 2024 | 27.69 current LCU per US$ of GDP | +1.7% |
| 2025 | 25.76 current LCU per US$ of GDP | -7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.35 current LCU per US$ of GDP | 15.23 current LCU per US$ of GDP | 17.96 current LCU per US$ of GDP | 5 |
| 2000s | 17.71 current LCU per US$ of GDP | 12.64 current LCU per US$ of GDP | 23.96 current LCU per US$ of GDP | 10 |
| 2010s | 24.38 current LCU per US$ of GDP | 20.7 current LCU per US$ of GDP | 26.75 current LCU per US$ of GDP | 10 |
| 2020s | 26.98 current LCU per US$ of GDP | 25.76 current LCU per US$ of GDP | 28.24 current LCU per US$ of GDP | 6 |
Countries ranked near Iceland
- 56 Djibouti 29.47 current LCU per US$ of GDP compare
- 57 Bhutan 28.9 current LCU per US$ of GDP compare
- 58 Jamaica 25.91 current LCU per US$ of GDP compare
- 60 Russia 24.82 current LCU per US$ of GDP compare
- 61 New Caledonia 23.8 current LCU per US$ of GDP compare
- 62 Serbia 23.2 current LCU per US$ of GDP 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), annual 8.17 % change on previous year (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), per in Iceland?
- Industry (including construction), value added (current lcu), per in Iceland was 25.76 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest industry (including construction), value added (current lcu), per recorded in Iceland?
- The highest recorded value was 28.24 current LCU per US$ of GDP in 2022.
- What is the lowest industry (including construction), value added (current lcu), per recorded in Iceland?
- The lowest recorded value was 12.64 current LCU per US$ of GDP in 2007.
- How does Iceland rank for industry (including construction), value added (current lcu), per?
- Iceland ranks 59th out of 207 countries with data for 2025.
- Is industry (including construction), value added (current lcu), per rising or falling in Iceland?
- Over the last ten years it is down 2.0%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (current LCU) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.