Statizoid

Manufacturing, value added (constant 2015 US$), per unit of GDP in Iceland

Iceland: Manufacturing, value added (constant 2015 US$), per unit of GDP was 0.051 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.051 constant 2015 US$ per US$ of GDP
Change on year
down 17.0%
World rank
135th
of 185 countries
All-time high
0.1452 constant 2015 US$ per US$ of GDP
in 2001
All-time low
0.051 constant 2015 US$ per US$ of GDP
in 2025
Years of data
31
1995–2025

Manufacturing, value added (constant 2015 US$), per unit of GDP in Iceland, 1995–2025

00.050.10.151995201020251995: 0.141 constant 2015 US$ per US$ of GDP1996: 0.141 constant 2015 US$ per US$ of GDP1997: 0.142 constant 2015 US$ per US$ of GDP1998: 0.128 constant 2015 US$ per US$ of GDP1999: 0.122 constant 2015 US$ per US$ of GDP2000: 0.123 constant 2015 US$ per US$ of GDP2001: 0.145 constant 2015 US$ per US$ of GDP2002: 0.126 constant 2015 US$ per US$ of GDP2003: 0.103 constant 2015 US$ per US$ of GDP2004: 0.092 constant 2015 US$ per US$ of GDP2005: 0.075 constant 2015 US$ per US$ of GDP2006: 0.078 constant 2015 US$ per US$ of GDP2007: 0.066 constant 2015 US$ per US$ of GDP2008: 0.085 constant 2015 US$ per US$ of GDP2009: 0.111 constant 2015 US$ per US$ of GDP2010: 0.109 constant 2015 US$ per US$ of GDP2011: 0.105 constant 2015 US$ per US$ of GDP2012: 0.112 constant 2015 US$ per US$ of GDP2013: 0.105 constant 2015 US$ per US$ of GDP2014: 0.101 constant 2015 US$ per US$ of GDP2015: 0.107 constant 2015 US$ per US$ of GDP2016: 0.091 constant 2015 US$ per US$ of GDP2017: 0.073 constant 2015 US$ per US$ of GDP2018: 0.075 constant 2015 US$ per US$ of GDP2019: 0.074 constant 2015 US$ per US$ of GDP2020: 0.082 constant 2015 US$ per US$ of GDP2021: 0.077 constant 2015 US$ per US$ of GDP2022: 0.071 constant 2015 US$ per US$ of GDP2023: 0.061 constant 2015 US$ per US$ of GDP2024: 0.061 constant 2015 US$ per US$ of GDP2025: 0.051 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

In 2025, manufacturing, value added (constant 2015 us$), per unit of gdp in Iceland stood at 0.051 constant 2015 US$ per US$ of GDP. That is the lowest value across all 31 years on record.

That represents a change of down 17.0% on the previous year and down 52.4% over ten years.

Over the whole period, manufacturing, value added (constant 2015 us$), per unit of gdp in Iceland peaked at 0.1452 constant 2015 US$ per US$ of GDP in 2001 and was at its lowest, 0.051 constant 2015 US$ per US$ of GDP, in 2025.

Iceland ranks 135th of 185 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 31 years of available data.

Manufacturing, value added (constant 2015 US$), per unit of GDP in Iceland, year by year

Year constant 2015 US$ per US$ of GDP Change
1995 0.1407 constant 2015 US$ per US$ of GDP —
1996 0.1413 constant 2015 US$ per US$ of GDP +0.4%
1997 0.1421 constant 2015 US$ per US$ of GDP +0.6%
1998 0.128 constant 2015 US$ per US$ of GDP -9.9%
1999 0.1223 constant 2015 US$ per US$ of GDP -4.4%
2000 0.1235 constant 2015 US$ per US$ of GDP +1.0%
2001 0.1452 constant 2015 US$ per US$ of GDP +17.6%
2002 0.1265 constant 2015 US$ per US$ of GDP -12.9%
2003 0.1027 constant 2015 US$ per US$ of GDP -18.8%
2004 0.0917 constant 2015 US$ per US$ of GDP -10.7%
2005 0.0748 constant 2015 US$ per US$ of GDP -18.4%
2006 0.0778 constant 2015 US$ per US$ of GDP +3.9%
2007 0.0664 constant 2015 US$ per US$ of GDP -14.6%
2008 0.0853 constant 2015 US$ per US$ of GDP +28.4%
2009 0.1108 constant 2015 US$ per US$ of GDP +29.9%
2010 0.1092 constant 2015 US$ per US$ of GDP -1.4%
2011 0.1051 constant 2015 US$ per US$ of GDP -3.8%
2012 0.1115 constant 2015 US$ per US$ of GDP +6.2%
2013 0.1053 constant 2015 US$ per US$ of GDP -5.6%
2014 0.1013 constant 2015 US$ per US$ of GDP -3.9%
2015 0.107 constant 2015 US$ per US$ of GDP +5.7%
2016 0.0907 constant 2015 US$ per US$ of GDP -15.3%
2017 0.0734 constant 2015 US$ per US$ of GDP -19.1%
2018 0.0752 constant 2015 US$ per US$ of GDP +2.5%
2019 0.0742 constant 2015 US$ per US$ of GDP -1.4%
2020 0.0822 constant 2015 US$ per US$ of GDP +10.9%
2021 0.0773 constant 2015 US$ per US$ of GDP -5.9%
2022 0.0705 constant 2015 US$ per US$ of GDP -8.8%
2023 0.0615 constant 2015 US$ per US$ of GDP -12.8%
2024 0.0614 constant 2015 US$ per US$ of GDP -0.2%
2025 0.051 constant 2015 US$ per US$ of GDP -17.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1349 constant 2015 US$ per US$ of GDP 0.1223 constant 2015 US$ per US$ of GDP 0.1421 constant 2015 US$ per US$ of GDP 5
2000s 0.1005 constant 2015 US$ per US$ of GDP 0.0664 constant 2015 US$ per US$ of GDP 0.1452 constant 2015 US$ per US$ of GDP 10
2010s 0.0953 constant 2015 US$ per US$ of GDP 0.0734 constant 2015 US$ per US$ of GDP 0.1115 constant 2015 US$ per US$ of GDP 10
2020s 0.0673 constant 2015 US$ per US$ of GDP 0.051 constant 2015 US$ per US$ of GDP 0.0822 constant 2015 US$ per US$ of GDP 6

Countries ranked near Iceland

  1. 132 Belize 0.0528 constant 2015 US$ per US$ of GDP compare
  2. 133 Botswana 0.0526 constant 2015 US$ per US$ of GDP compare
  3. 134 Mongolia 0.0519 constant 2015 US$ per US$ of GDP compare
  4. 136 Zimbabwe 0.0499 constant 2015 US$ per US$ of GDP compare
  5. 137 Comoros 0.0485 constant 2015 US$ per US$ of GDP compare
  6. 138 Tonga 0.0462 constant 2015 US$ per US$ of GDP compare

See the full ranking of 220 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is manufacturing, value added (constant 2015 us$), per unit of gdp in Iceland?
Manufacturing, value added (constant 2015 us$), per unit of gdp in Iceland was 0.051 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest manufacturing, value added (constant 2015 us$), per unit of gdp recorded in Iceland?
The highest recorded value was 0.1452 constant 2015 US$ per US$ of GDP in 2001.
What is the lowest manufacturing, value added (constant 2015 us$), per unit of gdp recorded in Iceland?
The lowest recorded value was 0.051 constant 2015 US$ per US$ of GDP in 2025.
How does Iceland rank for manufacturing, value added (constant 2015 us$), per unit of gdp?
Iceland ranks 135th out of 185 countries with data for 2025.
Is manufacturing, value added (constant 2015 us$), per unit of gdp rising or falling in Iceland?
Over the last ten years it is down 52.4%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Manufacturing, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Manufacturing, value added (constant 2015 US$), per unit of GDP in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-constant-2015-us-per-unit-of-gdp/iceland/

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How this figure is calculated

Manufacturing, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Manufacturing, value added (constant 2015 US$) ÷ GDP (current US$)

Computed from

  • Manufacturing, 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

Indicator
Manufacturing, value added (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
220 places, 8,945 data points, 1960–2025
Last refreshed

Manufacturing, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.