Iceland - Value added in manufacturing

Chemicals (% of value added in manufacturing)

The value for Chemicals (% of value added in manufacturing) in Iceland was 1.41 as of 2019. As the graph below shows, over the past 51 years this indicator reached a maximum value of 8.13 in 2004 and a minimum value of -7.33 in 2017.

Definition: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Chemicals correspond to ISIC division 24.

Source: United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.

See also:

Year Value
1968 3.27
1969 3.11
1970 2.67
1971 3.42
1972 2.91
1973 3.19
1974 3.11
1975 3.55
1976 3.09
1977 2.97
1978 2.76
1979 3.38
1980 2.95
1981 2.81
1982 4.02
1983 3.16
1984 3.65
1985 3.40
1986 3.35
1987 2.78
1988 3.67
1989 3.74
1990 3.78
1991 3.75
1992 4.16
1993 3.95
1994 3.17
1995 3.28
1996 3.17
1997 2.97
1998 3.09
1999 3.32
2000 3.56
2001 3.76
2002 4.28
2003 6.62
2004 8.13
2005 5.14
2006 5.14
2007 5.14
2008 5.14
2009 5.14
2010 5.14
2011 2.66
2012 2.66
2013 2.66
2014 2.66
2015 2.71
2016 1.28
2017 -7.33
2018 1.41
2019 1.41

Food, beverages and tobacco (% of value added in manufacturing)

The value for Food, beverages and tobacco (% of value added in manufacturing) in Iceland was 48.02 as of 2019. As the graph below shows, over the past 51 years this indicator reached a maximum value of 51.86 in 1994 and a minimum value of 31.43 in 2005.

Definition: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Food, beverages, and tobacco correspond to ISIC divisions 15 and 16.

Source: United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.

See also:

Year Value
1968 51.43
1969 51.00
1970 45.84
1971 43.33
1972 46.72
1973 43.56
1974 42.83
1975 44.89
1976 45.96
1977 45.66
1978 47.33
1979 43.51
1980 38.45
1981 44.48
1982 38.45
1983 37.63
1984 38.63
1985 43.09
1986 45.76
1987 43.75
1988 37.31
1989 38.93
1990 47.62
1991 50.52
1992 50.29
1993 51.47
1994 51.86
1995 49.18
1996 45.76
1997 44.03
1998 42.93
1999 41.89
2000 36.61
2001 43.50
2002 37.84
2003 37.94
2004 33.64
2005 31.43
2006 31.43
2007 31.43
2008 31.43
2009 31.43
2010 31.43
2011 46.98
2012 46.98
2013 46.98
2014 46.98
2015 48.02
2016 48.73
2017 47.27
2018 48.03
2019 48.02

Machinery and transport equipment (% of value added in manufacturing)

The value for Machinery and transport equipment (% of value added in manufacturing) in Iceland was 12.66 as of 2019. As the graph below shows, over the past 51 years this indicator reached a maximum value of 12.66 in 2018 and a minimum value of 1.78 in 1994.

Definition: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Machinery and transport equipment correspond to ISIC divisions 29, 30, 32, 34, and 35.

Source: United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.

See also:

Year Value
1968 9.83
1969 9.47
1970 9.30
1971 10.80
1972 10.18
1973 9.98
1974 10.27
1975 9.41
1976 8.96
1977 9.30
1978 9.03
1979 9.29
1980 3.97
1981 3.39
1982 4.04
1983 3.47
1984 2.81
1985 2.93
1986 3.48
1987 3.50
1988 3.53
1989 2.41
1990 2.30
1991 2.37
1992 2.67
1993 2.46
1994 1.78
1995 2.00
1996 2.36
1997 8.92
1998 8.50
1999 8.45
2000 7.96
2001 7.29
2002 7.93
2003 7.65
2004 7.82
2005 8.78
2006 8.78
2007 8.78
2008 8.78
2009 8.78
2010 8.78
2011 9.16
2012 9.16
2013 9.16
2014 9.16
2015 9.63
2016 11.87
2017 11.25
2018 12.66
2019 12.66

Other manufacturing (% of value added in manufacturing)

The value for Other manufacturing (% of value added in manufacturing) in Iceland was 36.76 as of 2019. As the graph below shows, over the past 51 years this indicator reached a maximum value of 52.94 in 2006 and a minimum value of 28.04 in 1968.

Definition: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Other manufacturing, a residual, covers wood and related products (ISIC division 20), paper and related products (ISIC divisions 21 and 22), petroleum and related products (ISIC division 23), basic metals and mineral products (ISIC division27), fabricated metal products and professional goods (ISIC division 28), and other industries (ISIC divisions 25, 26, 31, 33, 36, and 37). Includes unallocated data. When data for textiles, machinery, or chemicals are shown as not available, they are included in other manufacturing.

Source: United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.

See also:

Year Value
1968 28.04
1969 28.31
1970 33.82
1971 33.77
1972 32.17
1973 35.47
1974 36.48
1975 34.75
1976 35.18
1977 34.71
1978 33.91
1979 36.68
1980 46.12
1981 42.17
1982 45.91
1983 47.76
1984 47.21
1985 42.58
1986 40.61
1987 43.67
1988 50.07
1989 50.57
1990 41.81
1991 39.15
1992 38.40
1993 37.95
1994 38.89
1995 40.75
1996 43.59
1997 40.67
1998 42.71
1999 43.47
2000 49.21
2001 43.36
2002 47.64
2003 45.55
2004 48.46
2005 52.62
2006 52.94
2007 52.92
2008 52.93
2009 52.93
2010 52.91
2011 40.05
2012 40.05
2013 40.05
2014 40.05
2015 38.46
2016 36.99
2017 47.67
2018 36.76
2019 36.76

Medium and high-tech industry (% manufacturing value added)

The value for Medium and high-tech industry (% manufacturing value added) in Iceland was 14.92 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 20.68 in 2004 and a minimum value of 4.96 in 1994.

Definition: The proportion of medium and high-tech industry value added in total value added of manufacturing

Source: United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database

See also:

Year Value
1990 6.08
1991 6.11
1992 6.83
1993 6.41
1994 4.96
1995 5.28
1996 5.53
1997 16.64
1998 16.42
1999 16.54
2000 16.63
2001 15.44
2002 16.68
2003 18.46
2004 20.68
2005 18.95
2006 16.57
2007 16.57
2008 16.57
2009 16.57
2010 16.57
2011 14.51
2012 14.51
2013 14.51
2014 14.51
2015 15.05
2016 16.28
2017 7.32
2018 17.21
2019 14.92

Textiles and clothing (% of value added in manufacturing)

The value for Textiles and clothing (% of value added in manufacturing) in Iceland was 1.14 as of 2019. As the graph below shows, over the past 51 years this indicator reached a maximum value of 8.67 in 1971 and a minimum value of 1.12 in 2016.

Definition: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Textiles and clothing correspond to ISIC divisions 17-19.

Source: United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.

See also:

Year Value
1968 7.42
1969 8.11
1970 8.38
1971 8.67
1972 8.02
1973 7.79
1974 7.31
1975 7.40
1976 6.81
1977 7.36
1978 6.98
1979 7.15
1980 8.51
1981 7.15
1982 7.58
1983 7.97
1984 7.70
1985 8.00
1986 6.80
1987 6.30
1988 5.42
1989 4.34
1990 4.49
1991 4.22
1992 4.48
1993 4.17
1994 4.29
1995 4.79
1996 5.12
1997 3.40
1998 2.77
1999 2.88
2000 2.65
2001 2.09
2002 2.31
2003 2.24
2004 1.95
2005 2.03
2006 1.71
2007 1.72
2008 1.72
2009 1.72
2010 1.73
2011 1.15
2012 1.15
2013 1.15
2014 1.15
2015 1.18
2016 1.12
2017 1.14
2018 1.14
2019 1.14

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts