Iceland - Manufacturing Value Added
Since 2014, Iceland Manufacturing Value Added fell by 5.2points year on year. In 2019, the country was ranked number 39 comparing other countries in Manufacturing Value Added at 9.66 Percent of Value Added in Industry and Services. Iceland is overtaken by United Kingdom, which was number 38 with 9.73 Percent of Value Added in Industry and Services and is followed by Greece at 8.87 Percent of Value Added in Industry and Services. Ireland lead the ranking with 33.5 Percent of Value Added in Industry and Services in 2019, that is a fall of 4.1points versus 2018. South Korea, Czech Republic and Slovenia respectively ranked number 2, 3 and 4 in this ranking. Ireland witnessed the best average annual growth at +9points per year, while Iceland witnessed the worst performance at -5.2points per year.
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| Date | Percent of Value Added in Industry and Services |
|---|---|
| 2019 | 9.66 |
| 2018 | 9.50 |
| 2017 | 10.06 |
| 2016 | 10.39 |
| 2015 | 11.81 |
How does Iceland rank in Manufacturing Value Added?
| # | 43 Countries | Percent of Value Added in Industry and Services | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Ireland
|
33.50 % | 2019 | -4.1 % | +9.0 % | View data | |
| 2 |
#2
South Korea
|
27.66 % | 2019 | -5.0 % | -1.3 % | View data | |
| 38 |
#38
United Kingdom
|
9.73 % | 2019 | -3.3 % | -1.6 % | View data | |
| 39 |
#39
Iceland
|
9.66 % | 2019 | +1.7 % | -5.2 % | View data | |
| 40 |
#40
Greece
|
8.87 % | 2019 | -2.2 % | +0.5 % | View data | |