Manufacturing, value added (current LCU), per unit of GDP in Iceland
Iceland: Manufacturing, value added (current LCU), per unit of GDP was 10.96 current LCU per US$ of GDP in 2025. ▲ Rising
Manufacturing, value added (current LCU), per unit of GDP in Iceland, 1995–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, manufacturing, value added (current lcu), per unit of gdp in Iceland stood at 10.96 current LCU per US$ of GDP.
The figure is down 9.5% on the previous year and down 22.4% over ten years.
Over the whole period, manufacturing, value added (current lcu), per unit of gdp in Iceland peaked at 15.76 current LCU per US$ of GDP in 2010 and was at its lowest, 4.94 current LCU per US$ of GDP, in 2007.
Iceland ranks 57th of 203 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.
Manufacturing, value added (current LCU), per unit of GDP in Iceland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 8.6 current LCU per US$ of GDP | — |
| 1996 | 8.76 current LCU per US$ of GDP | +2.0% |
| 1997 | 9.89 current LCU per US$ of GDP | +12.9% |
| 1998 | 9.37 current LCU per US$ of GDP | -5.3% |
| 1999 | 8.43 current LCU per US$ of GDP | -10.1% |
| 2000 | 8.96 current LCU per US$ of GDP | +6.2% |
| 2001 | 12.85 current LCU per US$ of GDP | +43.5% |
| 2002 | 10.49 current LCU per US$ of GDP | -18.4% |
| 2003 | 8.31 current LCU per US$ of GDP | -20.8% |
| 2004 | 7.24 current LCU per US$ of GDP | -12.9% |
| 2005 | 5.36 current LCU per US$ of GDP | -25.9% |
| 2006 | 6.28 current LCU per US$ of GDP | +17.1% |
| 2007 | 4.94 current LCU per US$ of GDP | -21.4% |
| 2008 | 9.47 current LCU per US$ of GDP | +91.8% |
| 2009 | 13.34 current LCU per US$ of GDP | +40.8% |
| 2010 | 15.76 current LCU per US$ of GDP | +18.2% |
| 2011 | 15.11 current LCU per US$ of GDP | -4.2% |
| 2012 | 14.52 current LCU per US$ of GDP | -3.9% |
| 2013 | 13.59 current LCU per US$ of GDP | -6.4% |
| 2014 | 13.35 current LCU per US$ of GDP | -1.8% |
| 2015 | 14.12 current LCU per US$ of GDP | +5.7% |
| 2016 | 11.44 current LCU per US$ of GDP | -19.0% |
| 2017 | 9.35 current LCU per US$ of GDP | -18.2% |
| 2018 | 9.76 current LCU per US$ of GDP | +4.3% |
| 2019 | 10.27 current LCU per US$ of GDP | +5.3% |
| 2020 | 11.97 current LCU per US$ of GDP | +16.6% |
| 2021 | 12.57 current LCU per US$ of GDP | +5.0% |
| 2022 | 13.33 current LCU per US$ of GDP | +6.0% |
| 2023 | 11.67 current LCU per US$ of GDP | -12.5% |
| 2024 | 12.1 current LCU per US$ of GDP | +3.6% |
| 2025 | 10.96 current LCU per US$ of GDP | -9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.01 current LCU per US$ of GDP | 8.43 current LCU per US$ of GDP | 9.89 current LCU per US$ of GDP | 5 |
| 2000s | 8.72 current LCU per US$ of GDP | 4.94 current LCU per US$ of GDP | 13.34 current LCU per US$ of GDP | 10 |
| 2010s | 12.73 current LCU per US$ of GDP | 9.35 current LCU per US$ of GDP | 15.76 current LCU per US$ of GDP | 10 |
| 2020s | 12.1 current LCU per US$ of GDP | 10.96 current LCU per US$ of GDP | 13.33 current LCU per US$ of GDP | 6 |
Countries ranked near Iceland
- 54 Kyrgyzstan 11.97 current LCU per US$ of GDP compare
- 55 India 11.76 current LCU per US$ of GDP compare
- 56 Russian Federation 11.42 current LCU per US$ of GDP compare
- 58 Djibouti 9.39 current LCU per US$ of GDP compare
- 59 Kenya 9.21 current LCU per US$ of GDP compare
- 60 Philippines 8.82 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 (current US$), per unit of GDP 0.0853 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 8,386 current US$ per person (2025)
- Manufacturing, value added (current LCU), per capita 1.08 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.051 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 5,012 constant 2015 US$ per person (2025)
- 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)
Frequently asked questions
- What is manufacturing, value added (current lcu), per unit of gdp in Iceland?
- Manufacturing, value added (current lcu), per unit of gdp in Iceland was 10.96 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest manufacturing, value added (current lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 15.76 current LCU per US$ of GDP in 2010.
- What is the lowest manufacturing, value added (current lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was 4.94 current LCU per US$ of GDP in 2007.
- How does Iceland rank for manufacturing, value added (current lcu), per unit of gdp?
- Iceland ranks 57th out of 203 countries with data for 2025.
- Is manufacturing, value added (current lcu), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 22.4%. 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 Manufacturing, value added (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Manufacturing, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (current LCU) ÷ GDP (current US$)
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
Manufacturing, 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.