Iceland vs Latvia: Share of small-scale manufacturing in total manufacturing
Iceland
12.2%
in 2024
Latvia
12.5%
in 2023
Iceland rank
20th
Latvia rank
18th
Share of small-scale manufacturing in total manufacturing over time
- Iceland
- Latvia
How they compare
Latvia currently reports 12.5% against 12.2% in Iceland, a difference of 0.3%.
The two have swapped places 1 time across 9 shared years of data; in 2015 it was Iceland ahead.
Iceland ranks 20th and Latvia ranks 18th of 57 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 15.5% | 11.4% | 4.1% | Iceland |
| 2020s | 13.1% | 11.3% | 1.8% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of small-scale manufacturing in total manufacturing, Iceland or Latvia?
- Latvia, at 12.5% against 12.2% in Iceland as of 2023.
- What is the difference in share of small-scale manufacturing in total manufacturing between Iceland and Latvia?
- 0.3%, with Latvia ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 9 years are reported by both, from 2015 to 2023.
- How do Iceland and Latvia rank globally for share of small-scale manufacturing in total manufacturing?
- Iceland ranks 20th and Latvia ranks 18th of 57 countries.
- Where does this data come from?
- United Nations Industrial Development Organization – processed by Our World in Data, published as Share of small-scale manufacturing in total manufacturing. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Proportion of small-scale manufacturing industries in total manufacturing value added based on international classification (%).