Medium and high-tech manufacturing value added in Iceland
Iceland: Medium and high-tech manufacturing value added was 13.9% in 2022. ▲ Rising
Medium and high-tech manufacturing value added in Iceland, 1990–2022
Source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO). Measured in % manufacturing value added.
Analysis
Iceland recorded 13.9% for medium and high-tech manufacturing value added in 2022.
Compared with earlier readings it is down 4.2% over ten years.
Over the whole period, medium and high-tech manufacturing value added in Iceland peaked at 17.5% in 2019 and was at its lowest, 2.3%, in 2017.
Iceland ranks 101st of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.2% | 5.0% | 10.8% | 10 |
| 2000s | 14.7% | 11.1% | 17.0% | 10 |
| 2010s | 13.0% | 2.3% | 17.5% | 10 |
| 2020s | 13.2% | 11.8% | 13.9% | 3 |
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 medium and high-tech manufacturing value added in Iceland?
- Medium and high-tech manufacturing value added in Iceland was 13.9% in 2022, according to Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO).
- What is the highest medium and high-tech manufacturing value added recorded in Iceland?
- The highest recorded value was 17.5% in 2019.
- What is the lowest medium and high-tech manufacturing value added recorded in Iceland?
- The lowest recorded value was 2.3% in 2017.
- How does Iceland rank for medium and high-tech manufacturing value added?
- Iceland ranks 101st out of 153 countries with data for 2022.
- Is medium and high-tech manufacturing value added rising or falling in Iceland?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO), published as part of Medium and high-tech manufacturing value added (% manufacturing value added). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The proportion of medium and high-tech industry value added in total value added of manufacturing