Industry (including construction), value added (current US$), per in Iceland

Iceland: Industry (including construction), value added (current US$), per was 62,078 current US$ per square kilometre in 2023. ▲ Rising

Latest (2023)
62,078 current US$ per square kilometre
Change on year
up 2.8%
World rank
131st
of 205 countries
All-time high
62,078 current US$ per square kilometre
in 2023
All-time low
17,361 current US$ per square kilometre
in 1995
Years of data
29
1995–2023

Industry (including construction), value added (current US$), per in Iceland, 1995–2023

20.0k30.0k40.0k50.0k60.0k1995200920231995: 17.4k current US$ per square kilometre1996: 17.6k current US$ per square kilometre1997: 19.5k current US$ per square kilometre1998: 20.8k current US$ per square kilometre1999: 20.3k current US$ per square kilometre2000: 20.6k current US$ per square kilometre2001: 20.1k current US$ per square kilometre2002: 20.6k current US$ per square kilometre2003: 24.2k current US$ per square kilometre2004: 29.7k current US$ per square kilometre2005: 34.9k current US$ per square kilometre2006: 38.5k current US$ per square kilometre2007: 43.2k current US$ per square kilometre2008: 41.2k current US$ per square kilometre2009: 25.5k current US$ per square kilometre2010: 30.4k current US$ per square kilometre2011: 33.9k current US$ per square kilometre2012: 31.1k current US$ per square kilometre2013: 33.3k current US$ per square kilometre2014: 37.3k current US$ per square kilometre2015: 35.2k current US$ per square kilometre2016: 41.4k current US$ per square kilometre2017: 48.4k current US$ per square kilometre2018: 52.9k current US$ per square kilometre2019: 47.7k current US$ per square kilometre2020: 43.8k current US$ per square kilometre2021: 52.9k current US$ per square kilometre2022: 60.4k current US$ per square kilometre2023: 62.1k current US$ per square kilometre

Source: Statizoid (derived). Measured in current US$ per square kilometre.

Analysis

In 2023, industry (including construction), value added (current us$), per in Iceland stood at 62,078 current US$ per square kilometre. That is the highest value across all 29 years on record.

The figure is up 2.8% on the previous year and up 86.6% over ten years.

Over the whole period, industry (including construction), value added (current us$), per in Iceland peaked at 62,078 current US$ per square kilometre in 2023 and was at its lowest, 17,361 current US$ per square kilometre, in 1995.

Iceland ranks 131st of 205 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 (current US$), per in Iceland, year by year

Annual values for Industry (including construction), value added (current US$), per square kilometre in Iceland, 1995 to 2023.
Year current US$ per square kilometre Change
1995 17,361 current US$ per square kilometre
1996 17,560 current US$ per square kilometre +1.1%
1997 19,499 current US$ per square kilometre +11.0%
1998 20,788 current US$ per square kilometre +6.6%
1999 20,326 current US$ per square kilometre -2.2%
2000 20,561 current US$ per square kilometre +1.2%
2001 20,068 current US$ per square kilometre -2.4%
2002 20,556 current US$ per square kilometre +2.4%
2003 24,224 current US$ per square kilometre +17.8%
2004 29,670 current US$ per square kilometre +22.5%
2005 34,872 current US$ per square kilometre +17.5%
2006 38,547 current US$ per square kilometre +10.5%
2007 43,241 current US$ per square kilometre +12.2%
2008 41,197 current US$ per square kilometre -4.7%
2009 25,544 current US$ per square kilometre -38.0%
2010 30,388 current US$ per square kilometre +19.0%
2011 33,901 current US$ per square kilometre +11.6%
2012 31,139 current US$ per square kilometre -8.1%
2013 33,259 current US$ per square kilometre +6.8%
2014 37,296 current US$ per square kilometre +12.1%
2015 35,186 current US$ per square kilometre -5.7%
2016 41,370 current US$ per square kilometre +17.6%
2017 48,440 current US$ per square kilometre +17.1%
2018 52,946 current US$ per square kilometre +9.3%
2019 47,667 current US$ per square kilometre -10.0%
2020 43,790 current US$ per square kilometre -8.1%
2021 52,858 current US$ per square kilometre +20.7%
2022 60,400 current US$ per square kilometre +14.3%
2023 62,078 current US$ per square kilometre +2.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 19,107 current US$ per square kilometre 17,361 current US$ per square kilometre 20,788 current US$ per square kilometre 5
2000s 29,848 current US$ per square kilometre 20,068 current US$ per square kilometre 43,241 current US$ per square kilometre 10
2010s 39,159 current US$ per square kilometre 30,388 current US$ per square kilometre 52,946 current US$ per square kilometre 10
2020s 54,782 current US$ per square kilometre 43,790 current US$ per square kilometre 62,078 current US$ per square kilometre 4

Countries ranked near Iceland

  1. 128 Canada 68,482 current US$ per square kilometre compare
  2. 129 Cape Verde 68,223 current US$ per square kilometre compare
  3. 130 Uganda 62,635 current US$ per square kilometre compare
  4. 132 Australia 62,047 current US$ per square kilometre compare
  5. 133 Côte d'Ivoire 60,714 current US$ per square kilometre compare
  6. 134 Palau 60,565 current US$ per square kilometre compare

See the full ranking of 253 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is industry (including construction), value added (current us$), per in Iceland?
Industry (including construction), value added (current us$), per in Iceland was 62,078 current US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest industry (including construction), value added (current us$), per recorded in Iceland?
The highest recorded value was 62,078 current US$ per square kilometre in 2023.
What is the lowest industry (including construction), value added (current us$), per recorded in Iceland?
The lowest recorded value was 17,361 current US$ per square kilometre in 1995.
How does Iceland rank for industry (including construction), value added (current us$), per?
Iceland ranks 131st out of 205 countries with data for 2023.
Is industry (including construction), value added (current us$), per rising or falling in Iceland?
Over the last ten years it is up 86.6%. 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 US$), per square kilometre. Statizoid updates them automatically from the source API.

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Industry (including construction), value added (current US$), per in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/industry-including-construction-value-added-current-us-per-square-kilometre/iceland/

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How this figure is calculated

Industry (including construction), value added (current 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 (current US$) ÷ Land area (sq. km)

Computed from

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

Indicator
Industry (including construction), value added (current US$), per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
253 places, 10,691 data points, 1961–2023
Last refreshed

Industry (including construction), value added (current 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.