Industry (including construction), value added per worker in Iceland
Iceland: Industry (including construction), value added per worker was 102,710 constant 2015 US$ in 2025. ▲ Rising
Industry (including construction), value added per worker in Iceland, 1995–2025
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added per worker in Iceland is 102,710 constant 2015 US$, measured in 2025.
That represents a change of down 1.8% on the previous year and up 1.0% over ten years.
Over the whole period, industry (including construction), value added per worker in Iceland peaked at 115,650 constant 2015 US$ in 2018 and was at its lowest, 57,310 constant 2015 US$, in 1998.
Iceland ranks 15th of 176 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 61,430 constant 2015 US$ | 57,310 constant 2015 US$ | 64,863 constant 2015 US$ | 5 |
| 2000s | 81,676 constant 2015 US$ | 69,155 constant 2015 US$ | 98,397 constant 2015 US$ | 10 |
| 2010s | 100,683 constant 2015 US$ | 91,684 constant 2015 US$ | 115,650 constant 2015 US$ | 10 |
| 2020s | 103,275 constant 2015 US$ | 99,962 constant 2015 US$ | 105,435 constant 2015 US$ | 6 |
Countries ranked near Iceland
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 per worker in Iceland?
- Industry (including construction), value added per worker in Iceland was 102,710 constant 2015 US$ in 2025, according to World Development Indicators database, World Bank (WB).
- What is the highest industry (including construction), value added per worker recorded in Iceland?
- The highest recorded value was 115,650 constant 2015 US$ in 2018.
- What is the lowest industry (including construction), value added per worker recorded in Iceland?
- The lowest recorded value was 57,310 constant 2015 US$ in 1998.
- How does Iceland rank for industry (including construction), value added per worker?
- Iceland ranks 15th out of 176 countries with data for 2025.
- Is industry (including construction), value added per worker rising or falling in Iceland?
- Over the last ten years it is up 1.0%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Industry (including construction), value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. The core indicator has been divided by the number of workers in this sector to derive a measure of labor productivity. 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 is 2015. This indicator is expressed in United States dollars.