Services, value added (current LCU), per unit of GDP in Iceland
Iceland: Services, value added (current LCU), per unit of GDP was 85.06 current LCU per US$ of GDP in 2025. ▲ Rising
Services, value added (current LCU), per unit of GDP in Iceland, 1995–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Iceland recorded 85.06 current LCU per US$ of GDP for services, value added (current lcu), per unit of gdp in 2025.
That represents a change of down 5.6% on the previous year and down 0.1% over ten years.
Over the whole period, services, value added (current lcu), per unit of gdp in Iceland peaked at 90.41 current LCU per US$ of GDP in 2023 and was at its lowest, 35.06 current LCU per US$ of GDP, in 1995.
That places Iceland 53rd out of 204 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Services, value added (current LCU), per unit of GDP in Iceland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 35.06 current LCU per US$ of GDP | — |
| 1996 | 36.4 current LCU per US$ of GDP | +3.8% |
| 1997 | 37.89 current LCU per US$ of GDP | +4.1% |
| 1998 | 38.91 current LCU per US$ of GDP | +2.7% |
| 1999 | 40.49 current LCU per US$ of GDP | +4.0% |
| 2000 | 45.02 current LCU per US$ of GDP | +11.2% |
| 2001 | 55.65 current LCU per US$ of GDP | +23.6% |
| 2002 | 54.35 current LCU per US$ of GDP | -2.3% |
| 2003 | 46.39 current LCU per US$ of GDP | -14.6% |
| 2004 | 42.29 current LCU per US$ of GDP | -8.8% |
| 2005 | 38.07 current LCU per US$ of GDP | -10.0% |
| 2006 | 41.39 current LCU per US$ of GDP | +8.7% |
| 2007 | 40.12 current LCU per US$ of GDP | -3.1% |
| 2008 | 54.14 current LCU per US$ of GDP | +34.9% |
| 2009 | 80.84 current LCU per US$ of GDP | +49.3% |
| 2010 | 75.81 current LCU per US$ of GDP | -6.2% |
| 2011 | 70.89 current LCU per US$ of GDP | -6.5% |
| 2012 | 77.49 current LCU per US$ of GDP | +9.3% |
| 2013 | 77.24 current LCU per US$ of GDP | -0.3% |
| 2014 | 74.53 current LCU per US$ of GDP | -3.5% |
| 2015 | 85.13 current LCU per US$ of GDP | +14.2% |
| 2016 | 79.14 current LCU per US$ of GDP | -7.0% |
| 2017 | 70.26 current LCU per US$ of GDP | -11.2% |
| 2018 | 70.45 current LCU per US$ of GDP | +0.3% |
| 2019 | 81.34 current LCU per US$ of GDP | +15.5% |
| 2020 | 88.51 current LCU per US$ of GDP | +8.8% |
| 2021 | 82.61 current LCU per US$ of GDP | -6.7% |
| 2022 | 87.8 current LCU per US$ of GDP | +6.3% |
| 2023 | 90.41 current LCU per US$ of GDP | +3.0% |
| 2024 | 90.13 current LCU per US$ of GDP | -0.3% |
| 2025 | 85.06 current LCU per US$ of GDP | -5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.75 current LCU per US$ of GDP | 35.06 current LCU per US$ of GDP | 40.49 current LCU per US$ of GDP | 5 |
| 2000s | 49.83 current LCU per US$ of GDP | 38.07 current LCU per US$ of GDP | 80.84 current LCU per US$ of GDP | 10 |
| 2010s | 76.23 current LCU per US$ of GDP | 70.26 current LCU per US$ of GDP | 85.13 current LCU per US$ of GDP | 10 |
| 2020s | 87.42 current LCU per US$ of GDP | 82.61 current LCU per US$ of GDP | 90.41 current LCU per US$ of GDP | 6 |
Countries ranked near Iceland
- 50 Djibouti 134.46 current LCU per US$ of GDP compare
- 51 Japan 108.12 current LCU per US$ of GDP compare
- 52 Jamaica 95.21 current LCU per US$ of GDP compare
- 54 French Polynesia 79.48 current LCU per US$ of GDP compare
- 55 Nepal 74.1 current LCU per US$ of GDP compare
- 56 Kenya 71.19 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)
- Services, value added (current US$), annual growth rate 17.85 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6623 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 65,116 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 9.72 % change on previous year (2025)
- Services, value added (current LCU), per capita 8.36 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.16 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3978 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 39,108 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (current lcu), per unit of gdp in Iceland?
- Services, value added (current lcu), per unit of gdp in Iceland was 85.06 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 90.41 current LCU per US$ of GDP in 2023.
- What is the lowest services, value added (current lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was 35.06 current LCU per US$ of GDP in 1995.
- How does Iceland rank for services, value added (current lcu), per unit of gdp?
- Iceland ranks 53rd out of 204 countries with data for 2025.
- Is services, value added (current lcu), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 0.1%. 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 Services, value added (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current LCU) ÷ GDP (current US$)
Computed from
- Services, 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
Services, 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.