Industry (including construction), value added in Iceland
Iceland: Industry (including construction), value added was 7.74 billion current US$ in 2025. ▲ Rising
Industry (including construction), value added in Iceland, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Iceland recorded 7.74 billion current US$ for industry (including construction), value added in 2025. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 16.2% on the previous year and up 119.4% over ten years.
Over the whole period, industry (including construction), value added in Iceland peaked at 7.74 billion current US$ in 2025 and was at its lowest, 1.74 billion current US$, in 1995.
That places Iceland 114th out of 208 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.92 billion current US$ | 1.74 billion current US$ | 2.08 billion current US$ | 5 |
| 2000s | 2.99 billion current US$ | 2.01 billion current US$ | 4.33 billion current US$ | 10 |
| 2010s | 3.93 billion current US$ | 3.05 billion current US$ | 5.34 billion current US$ | 10 |
| 2020s | 6.08 billion current US$ | 4.42 billion current US$ | 7.74 billion current US$ | 6 |
Countries ranked near Iceland
- 111 Trinidad and Tobago 8.88 billion current US$ compare
- 112 Haiti 8.82 billion current US$ compare
- 113 Burkina Faso 8.31 billion current US$ compare
- 115 Guinea 7.20 billion current US$ compare
- 116 Georgia 7.10 billion current US$ compare
- 117 Bosnia and Herzegovina 7.02 billion current US$ compare
More economy & growth data for Iceland
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
- Taxes less subsidies on products 3.88 billion current US$ (2025)
- Net primary income (Net income from abroad) -40.83 billion current LCU (2024)
- Net primary income (Net income from abroad) -295.94 million current US$ (2024)
- GNI per capita 12.60 million current LCU (2025)
- GNI per capita, Atlas method 89,220 current US$ (2025)
- GNI 4.94 trillion current LCU (2025)
Frequently asked questions
- What is industry (including construction), value added in Iceland?
- Industry (including construction), value added in Iceland was 7.74 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Iceland?
- The highest recorded value was 7.74 billion current US$ in 2025.
- What is the lowest industry (including construction), value added recorded in Iceland?
- The lowest recorded value was 1.74 billion current US$ in 1995.
- How does Iceland rank for industry (including construction), value added?
- Iceland ranks 114th out of 208 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Iceland?
- Over the last ten years it is up 119.4%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.