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

Iceland: Manufacturing, value added (current US$), per unit of GDP was 0.0853 current US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.0853 current US$ per US$ of GDP
Change on year
down 2.7%
World rank
118th
of 203 countries
All-time high
0.1395 current US$ per US$ of GDP
in 1997
All-time low
0.0771 current US$ per US$ of GDP
in 2007
Years of data
31
1995–2025

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

00.050.10.151995201020251995: 0.133 current US$ per US$ of GDP1996: 0.132 current US$ per US$ of GDP1997: 0.14 current US$ per US$ of GDP1998: 0.132 current US$ per US$ of GDP1999: 0.117 current US$ per US$ of GDP2000: 0.114 current US$ per US$ of GDP2001: 0.132 current US$ per US$ of GDP2002: 0.114 current US$ per US$ of GDP2003: 0.108 current US$ per US$ of GDP2004: 0.103 current US$ per US$ of GDP2005: 0.085 current US$ per US$ of GDP2006: 0.09 current US$ per US$ of GDP2007: 0.077 current US$ per US$ of GDP2008: 0.108 current US$ per US$ of GDP2009: 0.108 current US$ per US$ of GDP2010: 0.129 current US$ per US$ of GDP2011: 0.13 current US$ per US$ of GDP2012: 0.116 current US$ per US$ of GDP2013: 0.111 current US$ per US$ of GDP2014: 0.114 current US$ per US$ of GDP2015: 0.107 current US$ per US$ of GDP2016: 0.095 current US$ per US$ of GDP2017: 0.088 current US$ per US$ of GDP2018: 0.09 current US$ per US$ of GDP2019: 0.084 current US$ per US$ of GDP2020: 0.088 current US$ per US$ of GDP2021: 0.099 current US$ per US$ of GDP2022: 0.099 current US$ per US$ of GDP2023: 0.085 current US$ per US$ of GDP2024: 0.088 current US$ per US$ of GDP2025: 0.085 current US$ per US$ of GDP

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

Analysis

Iceland recorded 0.0853 current US$ per US$ of GDP for manufacturing, value added (current us$), per unit of gdp in 2025.

The figure is down 2.7% on the previous year and down 20.3% over ten years.

Over the whole period, manufacturing, value added (current us$), per unit of gdp in Iceland peaked at 0.1395 current US$ per US$ of GDP in 1997 and was at its lowest, 0.0771 current US$ per US$ of GDP, in 2007.

Iceland ranks 118th of 203 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 (current US$), per unit of GDP in Iceland, year by year

Annual values for Manufacturing, value added (current US$), per unit of GDP in Iceland, 1995 to 2025.
Year current US$ per US$ of GDP Change
1995 0.1329 current US$ per US$ of GDP
1996 0.1318 current US$ per US$ of GDP -0.8%
1997 0.1395 current US$ per US$ of GDP +5.9%
1998 0.1321 current US$ per US$ of GDP -5.3%
1999 0.1165 current US$ per US$ of GDP -11.8%
2000 0.1139 current US$ per US$ of GDP -2.2%
2001 0.1319 current US$ per US$ of GDP +15.8%
2002 0.1144 current US$ per US$ of GDP -13.3%
2003 0.1083 current US$ per US$ of GDP -5.4%
2004 0.1031 current US$ per US$ of GDP -4.8%
2005 0.0852 current US$ per US$ of GDP -17.4%
2006 0.0895 current US$ per US$ of GDP +5.1%
2007 0.0771 current US$ per US$ of GDP -13.9%
2008 0.1077 current US$ per US$ of GDP +39.7%
2009 0.1079 current US$ per US$ of GDP +0.2%
2010 0.1289 current US$ per US$ of GDP +19.5%
2011 0.1303 current US$ per US$ of GDP +1.0%
2012 0.1161 current US$ per US$ of GDP -10.9%
2013 0.1113 current US$ per US$ of GDP -4.2%
2014 0.1144 current US$ per US$ of GDP +2.8%
2015 0.107 current US$ per US$ of GDP -6.4%
2016 0.0947 current US$ per US$ of GDP -11.5%
2017 0.0876 current US$ per US$ of GDP -7.5%
2018 0.0901 current US$ per US$ of GDP +2.9%
2019 0.0838 current US$ per US$ of GDP -7.0%
2020 0.0884 current US$ per US$ of GDP +5.5%
2021 0.099 current US$ per US$ of GDP +12.0%
2022 0.0986 current US$ per US$ of GDP -0.4%
2023 0.0846 current US$ per US$ of GDP -14.1%
2024 0.0877 current US$ per US$ of GDP +3.6%
2025 0.0853 current US$ per US$ of GDP -2.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1306 current US$ per US$ of GDP 0.1165 current US$ per US$ of GDP 0.1395 current US$ per US$ of GDP 5
2000s 0.1039 current US$ per US$ of GDP 0.0771 current US$ per US$ of GDP 0.1319 current US$ per US$ of GDP 10
2010s 0.1064 current US$ per US$ of GDP 0.0838 current US$ per US$ of GDP 0.1303 current US$ per US$ of GDP 10
2020s 0.0906 current US$ per US$ of GDP 0.0846 current US$ per US$ of GDP 0.099 current US$ per US$ of GDP 6

Countries ranked near Iceland

  1. 115 Chile 0.0895 current US$ per US$ of GDP compare
  2. 116 Zambia 0.0875 current US$ per US$ of GDP compare
  3. 117 Guinea-Bissau 0.086 current US$ per US$ of GDP compare
  4. 119 Afghanistan 0.0842 current US$ per US$ of GDP compare
  5. 120 Tanzania, United Republic of 0.084 current US$ per US$ of GDP compare
  6. 121 Ukraine 0.0832 current US$ per US$ of GDP compare

See the full ranking of 251 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is manufacturing, value added (current us$), per unit of gdp in Iceland?
Manufacturing, value added (current us$), per unit of gdp in Iceland was 0.0853 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest manufacturing, value added (current us$), per unit of gdp recorded in Iceland?
The highest recorded value was 0.1395 current US$ per US$ of GDP in 1997.
What is the lowest manufacturing, value added (current us$), per unit of gdp recorded in Iceland?
The lowest recorded value was 0.0771 current US$ per US$ of GDP in 2007.
How does Iceland rank for manufacturing, value added (current us$), per unit of gdp?
Iceland ranks 118th out of 203 countries with data for 2025.
Is manufacturing, value added (current us$), per unit of gdp rising or falling in Iceland?
Over the last ten years it is down 20.3%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Manufacturing, value added (current 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-current-us-per-unit-of-gdp/iceland/

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How this figure is calculated

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

Computed from

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 (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
251 places, 10,052 data points, 1960–2025
Last refreshed

Manufacturing, value added (current 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.