Small scale industries share in Iceland
Iceland: Small scale industries share was 12.25 in 2024. ▼ Falling
Latest (2024)
12.25
Change on year
up 1.1%
World rank
20th
of 57 countries
All-time high
17.83
in 2017
All-time low
11.64
in 2022
Years of data
10
2015–2024
Small scale industries share in Iceland, 2015–2024
Source: Our World in Data.
Analysis
In 2024, small scale industries share in Iceland stood at 12.25.
The figure is up 1.1% on the previous year and down 13.2% over ten years.
Over the whole period, small scale industries share in Iceland peaked at 17.83 in 2017 and was at its lowest, 11.64, in 2022.
That places Iceland 20th out of 57 countries with data for 2024, putting it in the middle of the range.
Small scale industries share in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 14.12 | — |
| 2016 | 15.22 | +7.8% |
| 2017 | 17.83 | +17.1% |
| 2018 | 15.1 | -15.3% |
| 2019 | 15.37 | +1.8% |
| 2020 | 15.27 | -0.7% |
| 2021 | 13.23 | -13.4% |
| 2022 | 11.64 | -12.0% |
| 2023 | 12.12 | +4.1% |
| 2024 | 12.25 | +1.1% |
Iceland compared with similar countries
- Iceland's 12.25 is above the median for high income countries, which is 10.22, 1.2× the median. (39 countries reporting)
- Iceland's 12.25 is above the median for Europe & Central Asia, which is 10.55, 1.2× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.53 | 14.12 | 17.83 | 5 |
| 2020s | 12.9 | 11.64 | 15.27 | 5 |
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 small scale industries share in Iceland?
- Small scale industries share in Iceland was 12.25 in 2024, according to Our World in Data.
- What is the highest small scale industries share recorded in Iceland?
- The highest recorded value was 17.83 in 2017.
- What is the lowest small scale industries share recorded in Iceland?
- The lowest recorded value was 11.64 in 2022.
- How does Iceland rank for small scale industries share?
- Iceland ranks 20th out of 57 countries with data for 2024.
- Is small scale industries share rising or falling in Iceland?
- Over the last ten years it is down 13.2%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Small scale industries share. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (Our World in Data).