Share of small-scale manufacturing in total manufacturing in Iceland

Iceland: Share of small-scale manufacturing in total manufacturing was 15.3% in 2020. ▬ Flat

Latest (2020)
15.3%
Change on year
down 0.7%
World rank
10th
of 53 countries
All-time high
17.8%
in 2017
All-time low
14.1%
in 2015
Years of data
6
2015–2020

Share of small-scale manufacturing in total manufacturing in Iceland, 2015–2020

051015202015201720202015: 14.1 %2016: 15.2 %2017: 17.8 %2018: 15.1 %2019: 15.4 %2020: 15.3 %

Source: United Nations Industrial Development Organization – processed by Our World in Data. Measured in %.

Analysis

In 2020, share of small-scale manufacturing in total manufacturing in Iceland stood at 15.3%.

The figure is down 0.7% on the previous year and up 8.1% over ten years.

That places Iceland 10th out of 53 countries with data for 2020, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 15.5% 14.1% 17.8% 5
2020s 15.3% 15.3% 15.3% 1

Countries ranked near Iceland

  1. 7 Portugal 16.6% compare
  2. 8 Croatia 15.5% compare
  3. 9 Estonia 15.4% compare
  4. 11 Slovenia 15.2% compare
  5. 12 Greece 13.9% compare
  6. 13 North Macedonia 13.5% compare

See the full ranking of 53 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is share of small-scale manufacturing in total manufacturing in Iceland?
Share of small-scale manufacturing in total manufacturing in Iceland was 15.3% in 2020, according to United Nations Industrial Development Organization – processed by Our World in Data.
What is the highest share of small-scale manufacturing in total manufacturing recorded in Iceland?
The highest recorded value was 17.8% in 2017.
What is the lowest share of small-scale manufacturing in total manufacturing recorded in Iceland?
The lowest recorded value was 14.1% in 2015.
How does Iceland rank for share of small-scale manufacturing in total manufacturing?
Iceland ranks 10th out of 53 countries with data for 2020.
Is share of small-scale manufacturing in total manufacturing rising or falling in Iceland?
Over the last ten years it is up 8.1%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from United Nations Industrial Development Organization – processed by Our World in Data, published as part of Share of small-scale manufacturing in total manufacturing. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Share of small-scale manufacturing in total manufacturing
Unit
%
Source
United Nations Industrial Development Organization – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
53 places, 714 data points, 2004–2023
Last refreshed

Proportion of small-scale manufacturing industries in total manufacturing value added based on international classification (%)