Manufacturing, value added (constant LCU), annual growth rate in Iceland
Iceland: Manufacturing, value added (constant LCU), annual growth rate was -3.49 % change on previous year in 2025. ◆ Volatile
Manufacturing, value added (constant LCU), annual growth rate in Iceland, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, manufacturing, value added (constant lcu), annual growth rate in Iceland stood at -3.49 % change on previous year.
That represents a change of down 177.2% on the previous year and down 196.1% over ten years.
Over the whole period, manufacturing, value added (constant lcu), 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 171st out of 190 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 LCU), 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 | 0.8143 % change on previous year | -14.9% |
| 1999 | 0.7742 % change on previous year | -4.9% |
| 2000 | 1.33 % change on previous year | +71.8% |
| 2001 | 7.07 % change on previous year | +431.9% |
| 2002 | -1.44 % change on previous year | -120.4% |
| 2003 | -0.3079 % change on previous year | -78.7% |
| 2004 | 7.88 % change on previous year | -2657.7% |
| 2005 | 0.1941 % change on previous year | -97.5% |
| 2006 | 7.07 % change on previous year | +3542.4% |
| 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 | 0.8983 % change on previous year | -75.3% |
| 2017 | -3.82 % change on previous year | -525.3% |
| 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 | -635.1% |
| 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 | 0.7742 % change on previous year | 4.66 % change on previous year | 4 |
| 2000s | 2.88 % change on previous year | -5.94 % change on previous year | 7.88 % 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
- 168 Luxembourg -3.23 % change on previous year compare
- 169 Romania -3.37 % change on previous year compare
- 170 Cayman Islands -3.4 % change on previous year compare
- 172 Mozambique -3.82 % change on previous year compare
- 173 Marshall Islands -4.3 % change on previous year compare
- 174 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added (constant lcu), annual growth rate in Iceland?
- Manufacturing, value added (constant lcu), 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 lcu), 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 lcu), 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 lcu), annual growth rate?
- Iceland ranks 171st out of 190 countries with data for 2025.
- Is manufacturing, value added (constant lcu), annual growth rate rising or falling in Iceland?
- Over the last ten years it is down 196.1%. 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 LCU), 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 LCU). 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 LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.