Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Iceland
Iceland: Value Added Deflator (Manufacturing) — Value US$, 2015 prices was 145.68 USD in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Iceland, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for value added deflator (manufacturing) — value us$, 2015 prices in Iceland is 145.68 USD, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 1.5% on the previous year and up 36.1% over ten years.
Over the whole period, value added deflator (manufacturing) — value us$, 2015 prices in Iceland peaked at 145.68 USD in 2023 and was at its lowest, 17.35 USD, in 1970.
That places Iceland 26th out of 203 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Iceland, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 17.35 USD | — |
| 1971 | 18.93 USD | +9.0% |
| 1972 | 22.03 USD | +16.4% |
| 1973 | 31.82 USD | +44.5% |
| 1974 | 32.15 USD | +1.0% |
| 1975 | 31.12 USD | -3.2% |
| 1976 | 36.64 USD | +17.7% |
| 1977 | 42.76 USD | +16.7% |
| 1978 | 44.79 USD | +4.7% |
| 1979 | 53.15 USD | +18.7% |
| 1980 | 57.6 USD | +8.4% |
| 1981 | 56.77 USD | -1.4% |
| 1982 | 51.49 USD | -9.3% |
| 1983 | 44.88 USD | -12.8% |
| 1984 | 47.45 USD | +5.7% |
| 1985 | 47.05 USD | -0.8% |
| 1986 | 63.16 USD | +34.2% |
| 1987 | 84.39 USD | +33.6% |
| 1988 | 93.76 USD | +11.1% |
| 1989 | 85.1 USD | -9.2% |
| 1990 | 93.15 USD | +9.5% |
| 1991 | 98.15 USD | +5.4% |
| 1992 | 99.85 USD | +1.7% |
| 1993 | 88.7 USD | -11.2% |
| 1994 | 92.97 USD | +4.8% |
| 1995 | 100.23 USD | +7.8% |
| 1996 | 96.8 USD | -3.4% |
| 1997 | 93.2 USD | -3.7% |
| 1998 | 97.37 USD | +4.5% |
| 1999 | 88.63 USD | -9.0% |
| 2000 | 85.57 USD | -3.5% |
| 2001 | 85.17 USD | -0.5% |
| 2002 | 85.65 USD | +0.6% |
| 2003 | 98.24 USD | +14.7% |
| 2004 | 107.06 USD | +9.0% |
| 2005 | 111.39 USD | +4.1% |
| 2006 | 117.89 USD | +5.8% |
| 2007 | 120.76 USD | +2.4% |
| 2008 | 131.41 USD | +8.8% |
| 2009 | 99.65 USD | -24.2% |
| 2010 | 120.2 USD | +20.6% |
| 2011 | 126.23 USD | +5.0% |
| 2012 | 104.52 USD | -17.2% |
| 2013 | 107.01 USD | +2.4% |
| 2014 | 113.78 USD | +6.3% |
| 2015 | 100 USD | -12.1% |
| 2016 | 103.84 USD | +3.8% |
| 2017 | 116.49 USD | +12.2% |
| 2018 | 113.46 USD | -2.6% |
| 2019 | 108.16 USD | -4.7% |
| 2020 | 107.11 USD | -1.0% |
| 2021 | 129.27 USD | +20.7% |
| 2022 | 143.49 USD | +11.0% |
| 2023 | 145.68 USD | +1.5% |
Iceland compared with similar countries
- Iceland's 145.68 USD is above the median for high income countries, which is 118.6 USD, 1.2× the median. (68 countries reporting)
- Iceland's 145.68 USD is above the median for Europe & Central Asia, which is 120.84 USD, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.07 USD | 17.35 USD | 53.15 USD | 10 |
| 1980s | 63.17 USD | 44.88 USD | 93.76 USD | 10 |
| 1990s | 94.91 USD | 88.63 USD | 100.23 USD | 10 |
| 2000s | 104.28 USD | 85.17 USD | 131.41 USD | 10 |
| 2010s | 111.37 USD | 100 USD | 126.23 USD | 10 |
| 2020s | 131.39 USD | 107.11 USD | 145.68 USD | 4 |
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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value us$, 2015 prices in Iceland?
- Value added deflator (manufacturing) — value us$, 2015 prices in Iceland was 145.68 USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value us$, 2015 prices recorded in Iceland?
- The highest recorded value was 145.68 USD in 2023.
- What is the lowest value added deflator (manufacturing) — value us$, 2015 prices recorded in Iceland?
- The lowest recorded value was 17.35 USD in 1970.
- How does Iceland rank for value added deflator (manufacturing) — value us$, 2015 prices?
- Iceland ranks 26th out of 203 countries with data for 2023.
- Is value added deflator (manufacturing) — value us$, 2015 prices rising or falling in Iceland?
- Over the last ten years it is up 36.1%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).