Germany vs Iceland: Industry (including construction), value added
Industry (including construction), value added over time
- Germany
- Iceland
How they compare
Germany currently reports 1.12 trillion current LCU against 993.93 billion current LCU in Iceland, a difference of 130.65 billion current LCU.
That makes Germany's figure about 1.1 times Iceland's.
Across all 31 years both countries report, Germany has been ahead every year.
Globally, Germany ranks 72nd and Iceland ranks 74th of 208 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.