Industrial Production, constant US$, seas. adj. in Iceland

Iceland: Industrial Production, constant US$, seas. adj. was 6.85 billion in 2017. ▲ Rising

Latest (2017)
6.85 billion
Change on year
up 0.8%
World rank
70th
of 89 countries
All-time high
7.47 billion
in 2015
All-time low
2.00 billion
in 1998
Years of data
20
1998–2017

Industrial Production, constant US$, seas. adj. in Iceland, 1998–2017

2.0B4.0B6.0B8.0B1998200720171998: 2.0B1999: 2.1B2000: 2.2B2001: 2.6B2002: 2.7B2003: 2.6B2004: 2.9B2005: 3.2B2006: 3.8B2007: 3.8B2008: 5.1B2009: 5.3B2010: 6.0B2011: 6.7B2012: 7.0B2013: 6.8B2014: 6.8B2015: 7.5B2016: 6.8B2017: 6.9B

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 67 Estonia 8.37 billion compare
  2. 68 Mongolia 7.68 billion compare
  3. 69 Latvia 7.22 billion compare
  4. 71 Jordan 6.04 billion compare
  5. 72 Honduras 5.89 billion compare
  6. 73 Luxembourg 5.51 billion compare

See the full ranking of 99 places →

More reference data data for Iceland

All data for Iceland →

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

Indicator
Industrial Production, constant US$, seas. adj.
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
99 places, 2,694 data points, 1991–2025
Last refreshed

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.