Statizoid

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

Iceland: Services, value added (current US$), per unit of GDP was 0.6623 current US$ per US$ of GDP in 2025. ▲ Rising

Latest (2025)
0.6623 current US$ per US$ of GDP
Change on year
up 1.4%
World rank
49th
of 204 countries
All-time high
0.6635 current US$ per US$ of GDP
in 2019
All-time low
0.5344 current US$ per US$ of GDP
in 1997
Years of data
31
1995–2025

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

00.20.40.61995201020251995: 0.542 current US$ per US$ of GDP1996: 0.547 current US$ per US$ of GDP1997: 0.534 current US$ per US$ of GDP1998: 0.548 current US$ per US$ of GDP1999: 0.56 current US$ per US$ of GDP2000: 0.573 current US$ per US$ of GDP2001: 0.571 current US$ per US$ of GDP2002: 0.593 current US$ per US$ of GDP2003: 0.605 current US$ per US$ of GDP2004: 0.602 current US$ per US$ of GDP2005: 0.605 current US$ per US$ of GDP2006: 0.59 current US$ per US$ of GDP2007: 0.626 current US$ per US$ of GDP2008: 0.616 current US$ per US$ of GDP2009: 0.654 current US$ per US$ of GDP2010: 0.62 current US$ per US$ of GDP2011: 0.611 current US$ per US$ of GDP2012: 0.619 current US$ per US$ of GDP2013: 0.632 current US$ per US$ of GDP2014: 0.638 current US$ per US$ of GDP2015: 0.645 current US$ per US$ of GDP2016: 0.655 current US$ per US$ of GDP2017: 0.658 current US$ per US$ of GDP2018: 0.651 current US$ per US$ of GDP2019: 0.663 current US$ per US$ of GDP2020: 0.654 current US$ per US$ of GDP2021: 0.651 current US$ per US$ of GDP2022: 0.649 current US$ per US$ of GDP2023: 0.655 current US$ per US$ of GDP2024: 0.653 current US$ per US$ of GDP2025: 0.662 current US$ per US$ of GDP

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

Analysis

In 2025, services, value added (current us$), per unit of gdp in Iceland stood at 0.6623 current US$ per US$ of GDP.

Compared with earlier readings it is up 1.4% on the previous year and up 2.6% over ten years.

Over the whole period, services, value added (current us$), per unit of gdp in Iceland peaked at 0.6635 current US$ per US$ of GDP in 2019 and was at its lowest, 0.5344 current US$ per US$ of GDP, in 1997.

Iceland ranks 49th of 204 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 31 years of available data.

Services, value added (current US$), per unit of GDP in Iceland, year by year

Year current US$ per US$ of GDP Change
1995 0.5419 current US$ per US$ of GDP —
1996 0.5474 current US$ per US$ of GDP +1.0%
1997 0.5344 current US$ per US$ of GDP -2.4%
1998 0.5484 current US$ per US$ of GDP +2.6%
1999 0.5597 current US$ per US$ of GDP +2.1%
2000 0.5727 current US$ per US$ of GDP +2.3%
2001 0.5712 current US$ per US$ of GDP -0.3%
2002 0.5929 current US$ per US$ of GDP +3.8%
2003 0.6048 current US$ per US$ of GDP +2.0%
2004 0.6025 current US$ per US$ of GDP -0.4%
2005 0.6045 current US$ per US$ of GDP +0.3%
2006 0.5897 current US$ per US$ of GDP -2.4%
2007 0.6264 current US$ per US$ of GDP +6.2%
2008 0.6156 current US$ per US$ of GDP -1.7%
2009 0.6539 current US$ per US$ of GDP +6.2%
2010 0.6201 current US$ per US$ of GDP -5.2%
2011 0.6113 current US$ per US$ of GDP -1.4%
2012 0.6195 current US$ per US$ of GDP +1.3%
2013 0.6322 current US$ per US$ of GDP +2.1%
2014 0.6382 current US$ per US$ of GDP +1.0%
2015 0.6453 current US$ per US$ of GDP +1.1%
2016 0.6551 current US$ per US$ of GDP +1.5%
2017 0.6576 current US$ per US$ of GDP +0.4%
2018 0.6505 current US$ per US$ of GDP -1.1%
2019 0.6635 current US$ per US$ of GDP +2.0%
2020 0.6536 current US$ per US$ of GDP -1.5%
2021 0.6506 current US$ per US$ of GDP -0.5%
2022 0.649 current US$ per US$ of GDP -0.2%
2023 0.6554 current US$ per US$ of GDP +1.0%
2024 0.6533 current US$ per US$ of GDP -0.3%
2025 0.6623 current US$ per US$ of GDP +1.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5464 current US$ per US$ of GDP 0.5344 current US$ per US$ of GDP 0.5597 current US$ per US$ of GDP 5
2000s 0.6034 current US$ per US$ of GDP 0.5712 current US$ per US$ of GDP 0.6539 current US$ per US$ of GDP 10
2010s 0.6393 current US$ per US$ of GDP 0.6113 current US$ per US$ of GDP 0.6635 current US$ per US$ of GDP 10
2020s 0.654 current US$ per US$ of GDP 0.649 current US$ per US$ of GDP 0.6623 current US$ per US$ of GDP 6

Countries ranked near Iceland

  1. 46 Sweden 0.6703 current US$ per US$ of GDP compare
  2. 47 Portugal 0.6655 current US$ per US$ of GDP compare
  3. 48 Saint Vincent and the Grenadines 0.6636 current US$ per US$ of GDP compare
  4. 50 Saint Kitts and Nevis 0.6616 current US$ per US$ of GDP compare
  5. 51 Estonia 0.6582 current US$ per US$ of GDP compare
  6. 52 Micronesia, Federated States of 0.6526 current US$ per US$ of GDP compare

See the full ranking of 252 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is services, value added (current us$), per unit of gdp in Iceland?
Services, value added (current us$), per unit of gdp in Iceland was 0.6623 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest services, value added (current us$), per unit of gdp recorded in Iceland?
The highest recorded value was 0.6635 current US$ per US$ of GDP in 2019.
What is the lowest services, value added (current us$), per unit of gdp recorded in Iceland?
The lowest recorded value was 0.5344 current US$ per US$ of GDP in 1997.
How does Iceland rank for services, value added (current us$), per unit of gdp?
Iceland ranks 49th out of 204 countries with data for 2025.
Is services, value added (current us$), per unit of gdp rising or falling in Iceland?
Over the last ten years it is up 2.6%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Services, value added (current US$), per unit of GDP in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-current-us-per-unit-of-gdp/iceland/

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How this figure is calculated

Services, 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.

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

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

Indicator
Services, 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
252 places, 10,748 data points, 1960–2025
Last refreshed

Services, 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.