Manufacturing value added — all countries

Manufacturing value added — Iceland

Manufacturing value added in Iceland in 2025 — 3,290,870,307 US$. Ranked 88 in the world out of 132. Since 1995, the indicator has risen by 235.9%.

2025 3.29B US$ +13.06% vs 2024
World rank 88of 132
Period maximum 3.29B US$2025
Period minimum 980M US$1995

Trend over time

1995–2025 · US$

Manufacturing value added — Iceland, 1995–202501B2B3B4B199519982001200420072010201320162019202220251995: 979,730,321 US$1996: 1,013,086,541 US$1997: 1,076,659,469 US$1998: 1,140,956,928 US$1999: 1,061,285,486 US$2000: 1,041,149,168 US$2001: 1,098,126,192 US$2002: 1,077,214,725 US$2003: 1,252,096,442 US$2004: 1,439,733,715 US$2005: 1,460,421,297 US$2006: 1,581,720,262 US$2007: 1,693,034,517 US$2008: 1,965,135,552 US$2009: 1,425,433,336 US$2010: 1,795,266,176 US$2011: 2,005,605,622 US$2012: 1,735,177,886 US$2013: 1,807,257,423 US$2014: 2,064,443,612 US$2015: 1,894,285,996 US$2016: 1,996,104,469 US$2017: 2,194,281,244 US$2018: 2,403,823,991 US$2019: 2,093,383,452 US$2020: 1,948,178,625 US$2021: 2,597,607,109 US$2022: 2,875,838,075 US$2023: 2,682,892,714 US$2024: 2,910,665,974 US$2025: 3,290,870,307 US$
Change over the period: +2.31B (+235.9%) Average annual rate: 4.12 %

Comparison, 2025

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

Iceland 3.29B US$
World 17.6T US$
Northern Europe computed 825B US$
Manufacturing value added — Iceland, by year Iceland All countries CSV XLSX
Year US$ Change Change, %
2025 3.29B +380M +13.06%
2024 2.91B +228M +8.49%
2023 2.68B −193M −6.71%
2022 2.88B +278M +10.71%
2021 2.6B +649M +33.34%
2020 1.95B −145M −6.94%
2019 2.09B −310M −12.91%
2018 2.4B +210M +9.55%
2017 2.19B +198M +9.93%
2016 2B +102M +5.38%
2015 1.89B −170M −8.24%
2014 2.06B +257M +14.23%
2013 1.81B +72.08M +4.15%
2012 1.74B −270M −13.48%
2011 2.01B +210M +11.72%
2010 1.8B +370M +25.95%
2009 1.43B −540M −27.46%
2008 1.97B +272M +16.07%
2007 1.69B +111M +7.04%
2006 1.58B +121M +8.31%
2005 1.46B +20.69M +1.44%
2004 1.44B +188M +14.99%
2003 1.25B +175M +16.23%
2002 1.08B −20.91M −1.9%
2001 1.1B +56.98M +5.47%
2000 1.04B −20.14M −1.9%
1999 1.06B −79.67M −6.98%
1998 1.14B +64.3M +5.97%
1997 1.08B +63.57M +6.28%
1996 1.01B +33.36M +3.4%
1995 980M

About the indicator

Manufacturing value added in current US dollars — what plants and factories create, without mining, construction or energy. It is a subset of industry in the broad sense, and in absolute figures it is the measure by which industrial powers are identified: the top ten by this indicator differ from the list of the largest economies, and the divergence shows where an economy rests on production and where on services or raw materials.

Important: Part of industrial value added, not a quantity separate from it: the two indicators cannot be added together.

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