Share of medium and high-tech manufacturing in gross domestic product in Iceland
Iceland: Share of medium and high-tech manufacturing in gross domestic product was 10.4% in 2023. ▼ Falling
Share of medium and high-tech manufacturing in gross domestic product in Iceland, 2015–2023
Source: United Nations Industrial Development Organization – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for share of medium and high-tech manufacturing in gross domestic product in Iceland is 10.4%, measured in 2023.
Compared with earlier readings it is up 5.6% on the previous year and down 20.8% over ten years.
Over the whole period, share of medium and high-tech manufacturing in gross domestic product in Iceland peaked at 20.0% in 2019 and was at its lowest, 4.4%, in 2017.
Iceland ranks 80th of 100 countries on this measure, in the bottom quarter.
Share of medium and high-tech manufacturing in gross domestic product in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 2015 | 13.1% | — |
| 2016 | 13.4% | +2.4% |
| 2017 | 4.4% | -67.3% |
| 2018 | 14.3% | +225.3% |
| 2019 | 20.0% | +40.1% |
| 2020 | 15.6% | -22.1% |
| 2021 | 9.5% | -38.8% |
| 2022 | 9.8% | +3.1% |
| 2023 | 10.4% | +5.6% |
Iceland compared with similar countries
- Iceland's 10.4% is below the median for high income countries, which is 37.8%, 27% of the median. (49 countries reporting)
- Iceland's 10.4% is below the median for Europe & Central Asia, which is 30.1%, 34% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.0% | 4.4% | 20.0% | 5 |
| 2020s | 11.3% | 9.5% | 15.6% | 4 |
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 medium and high-tech manufacturing in gross domestic product in Iceland?
- Share of medium and high-tech manufacturing in gross domestic product in Iceland was 10.4% in 2023, according to United Nations Industrial Development Organization – processed by Our World in Data.
- What is the highest share of medium and high-tech manufacturing in gross domestic product recorded in Iceland?
- The highest recorded value was 20.0% in 2019.
- What is the lowest share of medium and high-tech manufacturing in gross domestic product recorded in Iceland?
- The lowest recorded value was 4.4% in 2017.
- How does Iceland rank for share of medium and high-tech manufacturing in gross domestic product?
- Iceland ranks 80th out of 100 countries with data for 2023.
- Is share of medium and high-tech manufacturing in gross domestic product rising or falling in Iceland?
- Over the last ten years it is down 20.8%. 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 medium and high-tech manufacturing in gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Proportion of medium and high-tech manufacturing value added in total value added (%).