Manufacturing value added (current United States dollars) as a in Iceland
Iceland: Manufacturing value added (current United States dollars) as a was 8.9% in 2024. ▼ Falling
Latest (2024)
8.9%
Change on year
up 4.2%
World rank
130th
of 227 countries
All-time high
13.2%
in 2001
All-time low
7.7%
in 2007
Years of data
25
2000–2024
Manufacturing value added (current United States dollars) as a in Iceland, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Iceland recorded 8.9% for manufacturing value added (current united states dollars) as a in 2024.
The figure is up 4.2% on the previous year and down 22.7% over ten years.
Over the whole period, manufacturing value added (current united states dollars) as a in Iceland peaked at 13.2% in 2001 and was at its lowest, 7.7%, in 2007.
Iceland ranks 130th of 227 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Manufacturing value added (current United States dollars) as a in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 11.4% | — |
| 2001 | 13.2% | +15.8% |
| 2002 | 11.5% | -13.2% |
| 2003 | 10.8% | -5.3% |
| 2004 | 10.3% | -4.8% |
| 2005 | 8.5% | -17.3% |
| 2006 | 9.0% | +5.0% |
| 2007 | 7.7% | -13.8% |
| 2008 | 10.8% | +39.5% |
| 2009 | 10.8% | +0.4% |
| 2010 | 12.9% | +19.4% |
| 2011 | 13.1% | +1.0% |
| 2012 | 11.7% | -10.7% |
| 2013 | 11.2% | -4.2% |
| 2014 | 11.5% | +2.8% |
| 2015 | 10.7% | -6.4% |
| 2016 | 9.5% | -11.5% |
| 2017 | 8.8% | -7.5% |
| 2018 | 9.0% | +2.8% |
| 2019 | 8.4% | -6.9% |
| 2020 | 8.9% | +5.5% |
| 2021 | 9.9% | +12.0% |
| 2022 | 9.9% | -0.5% |
| 2023 | 8.5% | -14.0% |
| 2024 | 8.9% | +4.2% |
Iceland compared with similar countries
- Iceland's 8.9% is below the median for high income countries, which is 10.0%, 89% of the median. (74 countries reporting)
- Iceland's 8.9% is below the median for Europe & Central Asia, which is 12.5%, 71% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.4% | 7.7% | 13.2% | 10 |
| 2010s | 10.7% | 8.4% | 13.1% | 10 |
| 2020s | 9.2% | 8.5% | 9.9% | 5 |
Countries ranked near Iceland
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 (current united states dollars) as a in Iceland?
- Manufacturing value added (current united states dollars) as a in Iceland was 8.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest manufacturing value added (current united states dollars) as a recorded in Iceland?
- The highest recorded value was 13.2% in 2001.
- What is the lowest manufacturing value added (current united states dollars) as a recorded in Iceland?
- The lowest recorded value was 7.7% in 2007.
- How does Iceland rank for manufacturing value added (current united states dollars) as a?
- Iceland ranks 130th out of 227 countries with data for 2024.
- Is manufacturing value added (current united states dollars) as a rising or falling in Iceland?
- Over the last ten years it is down 22.7%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Manufacturing value added (current United States dollars) as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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