Iceland Manufacturing Output 1995-2022

Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
  • Iceland manufacturing output for 2020 was $1.89B, a 11.9% decline from 2019.
  • Iceland manufacturing output for 2019 was $2.14B, a 5.37% decline from 2018.
  • Iceland manufacturing output for 2018 was $2.26B, a 2.94% increase from 2017.
  • Iceland manufacturing output for 2017 was $2.20B, a 13.61% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $2,337.55B
Japan $995.31B
Germany $698.90B
South Korea $406.37B
Italy $280.84B
France $247.03B
United Kingdom $239.79B
Ireland $147.00B
Spain $141.31B
Switzerland $136.46B
Netherlands $98.39B
Poland $95.61B
Saudi Arabia $85.21B
Australia $75.04B
Austria $70.47B
Singapore $68.90B
Sweden $65.67B
Belgium $64.60B
Argentina $59.88B
Czech Republic $53.75B
Puerto Rico $49.76B
Denmark $49.70B
Israel $46.10B
Finland $38.76B
UAE $34.75B
Hungary $27.48B
Portugal $27.11B
Norway $23.58B
Chile $22.51B
Slovak Republic $18.45B
Greece $16.86B
Qatar $11.42B
Slovenia $11.07B
Lithuania $8.88B
Kuwait $7.00B
Croatia $6.94B
Bahrain $6.29B
Oman $5.90B
Uruguay $5.51B
Estonia $3.94B
Latvia $3.66B
Trinidad and Tobago $3.53B
Luxembourg $3.39B
Hong Kong $3.24B
Panama $3.12B
Brunei $1.89B
Iceland $1.89B
Cyprus $1.36B
Malta $1.12B
San Marino $0.49B
Barbados $0.23B
Faroe Islands $0.22B
Macao $0.22B
Bahamas $0.14B
Andorra $0.11B
Greenland $0.11B
Curacao $0.10B
Seychelles $0.08B
Cayman Islands $0.05B
St. Kitts and Nevis $0.04B
Antigua and Barbuda $0.03B
Bermuda $0.02B
Turks and Caicos Islands $0.01B
Palau $0.00B
Iceland Manufacturing Output - Historical Data
Year Billions of US $ % of GDP
2020 $1.89B 8.69%
2019 $2.14B 8.62%
2018 $2.26B 8.62%
2017 $2.20B 8.90%
2016 $1.94B 9.31%
2015 $1.87B 10.70%
2014 $2.05B 11.46%
2013 $1.88B 11.68%
2012 $1.73B 11.74%
2011 $2.01B 13.22%
2010 $1.78B 12.97%
2009 $1.43B 10.87%
2008 $1.99B 10.99%
2007 $1.71B 7.91%
2006 $1.59B 9.13%
2005 $1.48B 8.76%
2004 $1.46B 10.59%
2003 $1.26B 11.06%
2002 $1.09B 11.70%
2001 $1.11B 13.44%
2000 $1.05B 11.67%
1999 $1.08B 11.97%
1998 $1.15B 13.56%
1997 $1.07B 14.09%
1996 $0.90B 12.17%
1995 $0.87B 12.22%