Services, value added per worker in Iceland
Iceland: Services, value added per worker was 84,021 constant 2015 US$ in 2025. ▲ Rising
Services, value added per worker in Iceland, 1995–2025
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added per worker in Iceland is 84,021 constant 2015 US$, measured in 2025.
Compared with earlier readings it is up 0.3% on the previous year and up 11.4% over ten years.
Over the whole period, services, value added per worker in Iceland peaked at 85,641 constant 2015 US$ in 2023 and was at its lowest, 59,092 constant 2015 US$, in 1995.
That places Iceland 14th out of 176 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 64,109 constant 2015 US$ | 59,092 constant 2015 US$ | 69,557 constant 2015 US$ | 5 |
| 2000s | 73,984 constant 2015 US$ | 66,246 constant 2015 US$ | 81,343 constant 2015 US$ | 10 |
| 2010s | 77,889 constant 2015 US$ | 75,408 constant 2015 US$ | 80,497 constant 2015 US$ | 10 |
| 2020s | 82,351 constant 2015 US$ | 76,687 constant 2015 US$ | 85,641 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 services, value added per worker in Iceland?
- Services, value added per worker in Iceland was 84,021 constant 2015 US$ in 2025, according to World Development Indicators database, World Bank (WB).
- What is the highest services, value added per worker recorded in Iceland?
- The highest recorded value was 85,641 constant 2015 US$ in 2023.
- What is the lowest services, value added per worker recorded in Iceland?
- The lowest recorded value was 59,092 constant 2015 US$ in 1995.
- How does Iceland rank for services, value added per worker?
- Iceland ranks 14th out of 176 countries with data for 2025.
- Is services, value added per worker rising or falling in Iceland?
- Over the last ten years it is up 11.4%. 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 Services, 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
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 the economy 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.