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 9.8% in 2022. ▬ Flat

Latest (2022)
9.8%
Change on year
up 3.1%
World rank
78th
of 94 countries
All-time high
20.0%
in 2019
All-time low
4.4%
in 2017
Years of data
8
2015–2022

Share of medium and high-tech manufacturing in gross domestic product in Iceland, 2015–2022

51015202015201820222015: 13.1 %2016: 13.4 %2017: 4.4 %2018: 14.3 %2019: 20 %2020: 15.6 %2021: 9.5 %2022: 9.8 %

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 9.8%, measured in 2022.

Compared with earlier readings it is up 3.1% on the previous year and down 25.0% over ten years.

Iceland ranks 78th of 94 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 13.0% 4.4% 20.0% 5
2020s 11.6% 9.5% 15.6% 3

Countries ranked near Iceland

  1. 75 Tunisia 11.6% compare
  2. 76 Zambia 10.1% compare
  3. 77 Montenegro 10.0% compare
  4. 79 Zimbabwe 9.4% compare
  5. 80 Sri Lanka 8.8% compare
  6. 81 Rwanda 8.7% compare

See the full ranking of 94 places →

More reference data data for Iceland

All data for Iceland →

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 9.8% in 2022, 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 78th out of 94 countries with data for 2022.
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 25.0%. 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 medium and high-tech manufacturing in gross domestic product. Statizoid updates them automatically from the source API.

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About this data

Indicator
Share of medium and high-tech manufacturing in gross domestic product
Unit
%
Source
United Nations Industrial Development Organization – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
94 places, 1,132 data points, 2008–2022
Last refreshed

Proportion of medium and high-tech manufacturing value added in total value added (%)