Manufacturing, value added (constant 2015 US$), annual growth rate in Iceland
Iceland: Manufacturing, value added (constant 2015 US$), annual growth rate was -3.49 % change on previous year in 2025. ◆ Volatile
Manufacturing, value added (constant 2015 US$), annual growth rate in Iceland, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for manufacturing, value added (constant 2015 us$), annual growth rate in Iceland is -3.49 % change on previous year, measured in 2025.
Compared with earlier readings it is down 177.2% on the previous year and down 196.0% over ten years.
Over the whole period, manufacturing, value added (constant 2015 us$), annual growth rate in Iceland peaked at 11.99 % change on previous year in 2021 and was at its lowest, -7.62 % change on previous year, in 2019.
That places Iceland 167th out of 185 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (constant 2015 US$), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 4.66 % change on previous year | — |
| 1997 | 0.9568 % change on previous year | -79.5% |
| 1998 | 0.8145 % change on previous year | -14.9% |
| 1999 | 0.7745 % change on previous year | -4.9% |
| 2000 | 1.33 % change on previous year | +71.7% |
| 2001 | 7.07 % change on previous year | +432.0% |
| 2002 | -1.44 % change on previous year | -120.4% |
| 2003 | -0.3073 % change on previous year | -78.7% |
| 2004 | 7.87 % change on previous year | -2662.5% |
| 2005 | 0.1944 % change on previous year | -97.5% |
| 2006 | 7.07 % change on previous year | +3536.3% |
| 2007 | 6.17 % change on previous year | -12.7% |
| 2008 | 6.73 % change on previous year | +9.1% |
| 2009 | -5.94 % change on previous year | -188.2% |
| 2010 | 3.85 % change on previous year | -164.8% |
| 2011 | 6.33 % change on previous year | +64.5% |
| 2012 | 3.05 % change on previous year | -51.8% |
| 2013 | 2.65 % change on previous year | -13.0% |
| 2014 | 6.84 % change on previous year | +157.6% |
| 2015 | 3.63 % change on previous year | -46.9% |
| 2016 | 0.898 % change on previous year | -75.3% |
| 2017 | -3.82 % change on previous year | -525.5% |
| 2018 | 9.13 % change on previous year | -338.9% |
| 2019 | -7.62 % change on previous year | -183.4% |
| 2020 | -2.24 % change on previous year | -70.6% |
| 2021 | 11.99 % change on previous year | -634.9% |
| 2022 | 1.39 % change on previous year | -88.4% |
| 2023 | -5.23 % change on previous year | -475.8% |
| 2024 | 4.52 % change on previous year | -186.3% |
| 2025 | -3.49 % change on previous year | -177.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.8 % change on previous year | 0.7745 % change on previous year | 4.66 % change on previous year | 4 |
| 2000s | 2.88 % change on previous year | -5.94 % change on previous year | 7.87 % change on previous year | 10 |
| 2010s | 2.5 % change on previous year | -7.62 % change on previous year | 9.13 % change on previous year | 10 |
| 2020s | 1.16 % change on previous year | -5.23 % change on previous year | 11.99 % change on previous year | 6 |
Countries ranked near Iceland
- 164 Luxembourg -3.23 % change on previous year compare
- 165 Romania -3.37 % change on previous year compare
- 166 Cayman Islands -3.4 % change on previous year compare
- 168 Mozambique -3.82 % change on previous year compare
- 169 Marshall Islands -4.3 % change on previous year compare
- 170 Haiti -4.35 % 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 7.15 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3036 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 29,848 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -107.38 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -93.07 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.69 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 4.69 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 461,476 current LCU per person (2025)
Frequently asked questions
- What is manufacturing, value added (constant 2015 us$), annual growth rate in Iceland?
- Manufacturing, value added (constant 2015 us$), annual growth rate in Iceland was -3.49 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant 2015 us$), annual growth rate recorded in Iceland?
- The highest recorded value was 11.99 % change on previous year in 2021.
- What is the lowest manufacturing, value added (constant 2015 us$), annual growth rate recorded in Iceland?
- The lowest recorded value was -7.62 % change on previous year in 2019.
- How does Iceland rank for manufacturing, value added (constant 2015 us$), annual growth rate?
- Iceland ranks 167th out of 185 countries with data for 2025.
- Is manufacturing, value added (constant 2015 us$), annual growth rate rising or falling in Iceland?
- Over the last ten years it is down 196.0%. 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 Manufacturing, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Manufacturing, 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 Manufacturing, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.