Iceland IS: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry (including Construction)

1995 - 2024 | Yearly | USD mn | World Bank

Iceland IS: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry (including Construction) data was reported at 4.447 USD bn in 2024. This records an increase from the previous number of 4.440 USD bn for 2023. Iceland IS: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry (including Construction) data is updated yearly, averaging 2.977 USD bn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 4.447 USD bn in 2024 and a record low of 2.136 USD bn in 1995. Iceland IS: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry (including Construction) data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Gross Domestic Product: Real. Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;

View Iceland's Iceland IS: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry (including Construction) from 1995 to 2024 in the chart:

Iceland Iceland IS: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry (including Construction)

What was Iceland's Iceland IS: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry (including Construction) in 2024?

Last Previous Min Max Unit Frequency Range
4,446.597 2024 4,440.481 2023 2,136.109 1995 4,446.597 2024 USD mn yearly 1995 - 2024

Related Indicators for Iceland IS: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry (including Construction)

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Iceland Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 89,119.494 2030 yearly 1980 - 2030
Forecast: Nominal GDP Per Capita (USD) 134,167.519 2030 yearly 1980 - 2030
Forecast: Real GDP Growth (%) 2.397 2030 yearly 1980 - 2030
GDP Deflator Growth (%) 7.1 Sep 2025 quarterly Mar 1996 - Sep 2025
GDP per Capita (USD) 86,472.856 2024 yearly 1960 - 2024
Gross Fixed Capital Formation (USD mn) 2,610.127 Sep 2025 quarterly Mar 1995 - Sep 2025
Gross National Product (GNP) (USD mn) 33,101.572 2024 yearly 1960 - 2024
Gross Savings Rate (%) 29.1 Sep 2025 quarterly Mar 1995 - Sep 2025
Investment: % of GDP (%) 26.3 Sep 2025 quarterly Mar 1995 - Sep 2025
Nominal GDP (USD mn) 10,118.7 Sep 2025 quarterly Mar 1995 - Sep 2025
Nominal GDP Growth (%) 7.308 Sep 2025 quarterly Mar 1996 - Sep 2025
Private Consumption Expenditure (USD mn) 5,067.583 Sep 2025 quarterly Mar 1995 - Sep 2025
Private Consumption: % of GDP (%) 45.9 Sep 2025 quarterly Mar 1995 - Sep 2025
Public Consumption Expenditure (USD mn) 2,668.956 Sep 2025 quarterly Mar 1995 - Sep 2025
Public Consumption: % of GDP (%) 25.0 Sep 2025 quarterly Mar 1995 - Sep 2025
Real GDP Growth (%) 0.2 Sep 2025 quarterly Mar 1996 - Sep 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 83.000 Sep 2025 quarterly Mar 1995 - Sep 2025
Production Last Frequency Range
Industrial Production Index Growth (%) 11.7 2018 yearly 2008 - 2018
Minerals Production (Metric Ton) 757,904.000 2023 yearly 2009 - 2023
Construction and Properties Last Frequency Range
House Prices Growth (%) 3.2 Nov 2025 monthly Mar 2001 - Nov 2025
Nominal Residential Property Price Index (2010=100) 368.076 Sep 2025 quarterly Mar 2000 - Sep 2025
Nominal Residential Property Price Index Growth (%) 2.827 Sep 2025 quarterly Mar 2000 - Sep 2025
Real Residential Property Price Index (2010=100) 204.141 Jun 2025 quarterly Mar 2000 - Jun 2025
Real Residential Property Price Index Growth (%) 1.740 Jun 2025 quarterly Mar 2000 - Jun 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.2 Sep 2025 quarterly Mar 2002 - Sep 2025
Forecast: Government Expenditure (ISK bn) 2,773.605 2030 yearly 1980 - 2030
Forecast: Government Net Debt (ISK bn) 2,445.114 2030 yearly 1982 - 2030
Forecast: Government Revenue (ISK bn) 2,770.902 2030 yearly 1980 - 2030
Government Debt: % of GDP (%) 60.3 2024 yearly 1998 - 2024
National Government Debt (USD mn) 20,025.7 2024 yearly 1998 - 2024
Tax Revenue (USD mn) 3,494.168 Sep 2025 quarterly Mar 2002 - Sep 2025
Consolidated Fiscal Balance (USD mn) -121.031 Sep 2025 quarterly Mar 2002 - Sep 2025
Tax Revenue: % of GDP (%) 33.2 Sep 2025 quarterly Mar 2002 - Sep 2025
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 225,700.000 Nov 2025 monthly Jan 2003 - Nov 2025
Forecast: Employment (Person mn) 0.224 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 0.433 2030 yearly 1980 - 2030
Forecast: Unemployment Rate (%) 4.000 2030 yearly 1980 - 2030
Labour Force Participation Rate (%) 79.8 Dec 2024 monthly Jan 2003 - Dec 2024
Labour Productivity Growth (%) -0.13 Jun 2025 quarterly Mar 2004 - Jun 2025
Monthly Earnings (USD) 7,307 2024 yearly 1998 - 2024
Population (Person mn) 0.4 2024 yearly 1732 - 2024
Unemployment Rate (%) 3.35 Dec 2024 monthly Jan 2003 - Dec 2024

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