Denmark vs Iceland: Manufacturing, value added
Manufacturing, value added over time
- Denmark
- Iceland
How they compare
Denmark currently reports 573.87 billion current LCU against 422.68 billion current LCU in Iceland, a difference of 151.19 billion current LCU.
That makes Denmark's figure about 1.4 times Iceland's.
The two have swapped places 6 times across 31 shared years of data; in 1995 it was Denmark ahead.
Globally, Denmark ranks 69th and Iceland ranks 71st of 204 countries.
Individual pages
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.