Industrial Production, constant US$, seas. adj. in Iceland
Iceland: Industrial Production, constant US$, seas. adj. was 6.85 billion in 2017. ▲ Rising
Industrial Production, constant US$, seas. adj. in Iceland, 1998–2017
Source: World Bank staff calculations based on Datastream data.
Analysis
Iceland recorded 6.85 billion for industrial production, constant us$, seas. adj. in 2017.
That represents a change of up 0.8% on the previous year and up 80.6% over ten years.
Over the whole period, industrial production, constant us$, seas. adj. in Iceland peaked at 7.47 billion in 2015 and was at its lowest, 2.00 billion, in 1998.
That places Iceland 70th out of 89 countries with data for 2017, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Industrial Production, constant US$, seas. adj. in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 2.00 billion | — |
| 1999 | 2.07 billion | +3.7% |
| 2000 | 2.20 billion | +6.1% |
| 2001 | 2.60 billion | +18.0% |
| 2002 | 2.72 billion | +4.8% |
| 2003 | 2.63 billion | -3.4% |
| 2004 | 2.86 billion | +8.8% |
| 2005 | 3.21 billion | +12.2% |
| 2006 | 3.75 billion | +16.9% |
| 2007 | 3.79 billion | +1.1% |
| 2008 | 5.12 billion | +34.9% |
| 2009 | 5.32 billion | +3.9% |
| 2010 | 6.01 billion | +13.1% |
| 2011 | 6.73 billion | +12.0% |
| 2012 | 7.05 billion | +4.6% |
| 2013 | 6.76 billion | -4.0% |
| 2014 | 6.81 billion | +0.8% |
| 2015 | 7.47 billion | +9.7% |
| 2016 | 6.80 billion | -9.0% |
| 2017 | 6.85 billion | +0.8% |
Iceland compared with similar countries
- Iceland's 6.85 billion is below the median for high income countries, which is 90.04 billion, 8% of the median. (44 countries reporting)
- Iceland's 6.85 billion is below the median for Europe & Central Asia, which is 46.71 billion, 15% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.04 billion | 2.00 billion | 2.07 billion | 2 |
| 2000s | 3.42 billion | 2.20 billion | 5.32 billion | 10 |
| 2010s | 6.81 billion | 6.01 billion | 7.47 billion | 8 |
Countries ranked near Iceland
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is industrial production, constant us$, seas. adj. in Iceland?
- Industrial production, constant us$, seas. adj. in Iceland was 6.85 billion in 2017, according to World Bank staff calculations based on Datastream data.
- What is the highest industrial production, constant us$, seas. adj. recorded in Iceland?
- The highest recorded value was 7.47 billion in 2015.
- What is the lowest industrial production, constant us$, seas. adj. recorded in Iceland?
- The lowest recorded value was 2.00 billion in 1998.
- How does Iceland rank for industrial production, constant us$, seas. adj.?
- Iceland ranks 70th out of 89 countries with data for 2017.
- Is industrial production, constant us$, seas. adj. rising or falling in Iceland?
- Over the last ten years it is up 80.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from World Bank staff calculations based on Datastream data, published as part of Industrial Production, constant US$, seas. adj.. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, seasonally adjusted. The base year is 2005.