Iceland vs Norway: Adjusted savings: carbon dioxide damage

Iceland
0.3%
in 2021
Norway
0.3%
in 2021
Iceland rank
200th
Norway rank
197th

Adjusted savings: carbon dioxide damage over time

  • Iceland
  • Norway
00.20.40.6199020052021

How they compare

Norway currently reports 0.3% against 0.3% in Iceland, a difference of 0.0%.

That makes Norway's figure about 1.2 times Iceland's.

The two have swapped places 3 times across 32 shared years of data; in 1990 it was Iceland ahead.

Iceland ranks 200th and Norway ranks 197th of 204 countries.

Across the 4 decades both report, Iceland averaged higher in 3 and Norway in 1.

Head to head by decade

Decade Iceland Norway Difference Ahead
1990s 0.4% 0.4% 0.1% Iceland
2000s 0.4% 0.3% 0.1% Iceland
2010s 0.4% 0.3% 0.1% Iceland
2020s 0.3% 0.4% 0.1% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher adjusted savings: carbon dioxide damage, Iceland or Norway?
Norway, at 0.3% against 0.3% in Iceland as of 2021.
What is the difference in adjusted savings: carbon dioxide damage between Iceland and Norway?
0.0%, with Norway ahead.
How many years of comparable data are there for Iceland and Norway?
32 years are reported by both, from 1990 to 2021.
How do Iceland and Norway rank globally for adjusted savings: carbon dioxide damage?
Iceland ranks 200th and Norway ranks 197th of 204 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Adjusted savings: carbon dioxide damage (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Norway: Adjusted savings: carbon dioxide damage. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/adjusted-savings-carbon-dioxide-damage-percent-of-gni/iceland/norway/

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About this data

Indicator
Adjusted savings: carbon dioxide damage (% of GNI)
Unit
% of GNI
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 7,590 data points, 1970–2021
Last refreshed

Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.