Iceland - Manufacturing Gross Value Added
Since 2015, Iceland Manufacturing Gross Value Added decreased by 0.4% year on year. In 2020, the country was ranked number 49 comparing other countries in Manufacturing Gross Value Added at €1,659.1 Million. Iceland is overtaken by Liechtenstein, which was ranked number 48 with €2,070.5 Million and is followed by Macedonia with €1,345.9 Million. China lead the ranking with €3,357,316.8 Million in 2019, a growth of 4.4% versus 2018. United States, Japan and Germany respectively ranked number 2, 3 and 4 in this ranking. Albania recorded the best 5 years average growth at +10% per year, while Norway witnessed the worst performance at -2.3% per year.
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| Date | Million Euros |
|---|---|
| 2020 | 1,659.10 |
| 2019 | 1,907.10 |
| 2018 | 1,902.60 |
| 2017 | 1,949.40 |
| 2016 | 1,751.50 |
Download all data from 1995 to 2020
How does Iceland rank in Manufacturing Gross Value Added?
| # | 55 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
3,357,316.80 | 2019 | +4.4 % | +7.0 % | View data | |
| 2 |
#2
United States
|
2,009,032.70 | 2019 | +2.4 % | +5.5 % | View data | |
| 48 |
#48
Liechtenstein
|
2,070.50 | 2018 | -6.8 % | NA | View data | |
| 49 |
#49
Iceland
|
1,659.10 | 2020 | -13.0 % | -0.4 % | View data | |
| 50 |
#50
Macedonia
|
1,345.90 | 2020 | -9.4 % | +4.8 % | View data | |