Germany vs Iceland: Industry (including construction), value added
Industry (including construction), value added over time
- Germany
- Iceland
How they compare
Germany currently reports 828.56 billion constant LCU against 688.53 billion constant LCU in Iceland, a difference of 140.02 billion constant LCU.
That makes Germany's figure about 1.2 times Iceland's.
Across all 31 years both countries report, Germany has been ahead every year.
Globally, Germany ranks 63rd and Iceland ranks 66th of 199 countries.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.