Industry share of GDP — all countries

Industry share of GDP — Iceland

Industry share of GDP in Iceland in 2025 — 20.1%. Ranked 113 in the world out of 158. Since 1995, the indicator has fallen by 3.6 pp.

2025 20.1% −0 pp vs 2024
World rank 113of 158
Period maximum 25.3%1997
Period minimum 19.2%2019

Trend over time

1995–2025 · % of GDP

Industry share of GDP — Iceland, 1995–20251820222426199519982001200420072010201320162019202220251995: 23.6%1996: 22.9%1997: 25.3%1998: 24.1%1999: 22.4%2000: 22.6%2001: 24.2%2002: 21.9%2003: 21%2004: 21.3%2005: 20.4%2006: 21.9%2007: 19.7%2008: 22.6%2009: 19.4%2010: 21.9%2011: 22.1%2012: 20.9%2013: 20.5%2014: 20.7%2015: 19.9%2016: 19.7%2017: 19.4%2018: 20%2019: 19.2%2020: 20%2021: 20.3%2022: 20.9%2023: 19.7%2024: 20.1%2025: 20.1%
Change over the period: −3.6 pp Annual average: -0.12 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Iceland

Iceland 20.1%
World 25%
Northern Europe computed 21.5%
Industry share of GDP — Iceland, by year Iceland All countries CSV XLSX
Year % Change, pp
2025 20.1 −0 pp
2024 20.1 +0.3 pp
2023 19.7 −1.1 pp
2022 20.9 +0.6 pp
2021 20.3 +0.3 pp
2020 20 +0.8 pp
2019 19.2 −0.8 pp
2018 20 +0.6 pp
2017 19.4 −0.3 pp
2016 19.7 −0.3 pp
2015 19.9 −0.8 pp
2014 20.7 +0.2 pp
2013 20.5 −0.4 pp
2012 20.9 −1.2 pp
2011 22.1 +0.2 pp
2010 21.9 +2.5 pp
2009 19.4 −3.3 pp
2008 22.6 +2.9 pp
2007 19.7 −2.1 pp
2006 21.9 +1.5 pp
2005 20.4 −0.9 pp
2004 21.3 +0.3 pp
2003 21 −0.9 pp
2002 21.9 −2.3 pp
2001 24.2 +1.6 pp
2000 22.6 +0.2 pp
1999 22.4 −1.8 pp
1998 24.1 −1.2 pp
1997 25.3 +2.4 pp
1996 22.9 −0.7 pp
1995 23.6

About the indicator

The share of industrial value added — mining, manufacturing, electricity, water supply and construction — in GDP. The classification follows the ISIC divisions. A high share can mean either a developed manufacturing sector or dependence on resource extraction, so the indicator should be read alongside the share of manufacturing.

Source: World Development Indicators (World Bank), license CC BY 4.0.