Iceland - Total value added in constant prices of 2015

19,305,428,607 (US dollars) in 2022

In 2022, total value added for Iceland was 19,305 million US dollars. Total value added of Iceland increased from 4,778 million US dollars in 1973 to 19,305 million US dollars in 2022 growing at an average annual rate of 2.95%.

The description is composed by our digital data assistant.
What is total value added?

Gross value added is the value of output less the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the SNA are generated and is therefore carried forward into the primary distribution of income account.

Coronavirus Data and Insights

Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.

Explore

What is Iceland total value added?