Share of small-scale manufacturing in total manufacturing in Iceland
Iceland: Share of small-scale manufacturing in total manufacturing was 12.2% in 2024. ▼ Falling
Share of small-scale manufacturing in total manufacturing in Iceland, 2015–2024
Source: United Nations Industrial Development Organization – processed by Our World in Data. Measured in %.
Analysis
In 2024, share of small-scale manufacturing in total manufacturing in Iceland stood at 12.2%.
The figure is up 1.1% on the previous year and down 13.2% over ten years.
Over the whole period, share of small-scale manufacturing in total manufacturing in Iceland peaked at 17.8% in 2017 and was at its lowest, 11.6%, in 2022.
That places Iceland 20th out of 57 countries with data for 2024, putting it in the middle of the range.
Share of small-scale manufacturing in total manufacturing in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 2015 | 14.1% | — |
| 2016 | 15.2% | +7.8% |
| 2017 | 17.8% | +17.1% |
| 2018 | 15.1% | -15.3% |
| 2019 | 15.4% | +1.8% |
| 2020 | 15.3% | -0.7% |
| 2021 | 13.2% | -13.4% |
| 2022 | 11.6% | -12.0% |
| 2023 | 12.1% | +4.1% |
| 2024 | 12.2% | +1.1% |
Iceland compared with similar countries
- Iceland's 12.2% is above the median for high income countries, which is 10.2%, 1.2× the median. (39 countries reporting)
- Iceland's 12.2% is above the median for Europe & Central Asia, which is 10.6%, 1.2× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.5% | 14.1% | 17.8% | 5 |
| 2020s | 12.9% | 11.6% | 15.3% | 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 share of small-scale manufacturing in total manufacturing in Iceland?
- Share of small-scale manufacturing in total manufacturing in Iceland was 12.2% in 2024, 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 11.6% in 2022.
- How does Iceland rank for share of small-scale manufacturing in total manufacturing?
- Iceland ranks 20th out of 57 countries with data for 2024.
- Is share of small-scale manufacturing in total manufacturing 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 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.
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About this data
Proportion of small-scale manufacturing industries in total manufacturing value added based on international classification (%).