Iceland vs Norway: Changes in inventories
Changes in inventories over time
- Iceland
- Norway
How they compare
Iceland currently reports -4.34 billion current LCU against -9.15 billion current LCU in Norway, a difference of 4.81 billion current LCU.
The two have swapped places 11 times across 56 shared years of data; in 1970 it was Norway ahead.
Iceland ranks 164th and Norway ranks 167th of 185 countries.
Norway has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.99 million current LCU | 2.15 billion current LCU | 2.14 billion current LCU | Norway |
| 1980s | -125.40 million current LCU | 4.95 billion current LCU | 5.07 billion current LCU | Norway |
| 1990s | 633.18 million current LCU | 6.86 billion current LCU | 6.23 billion current LCU | Norway |
| 2000s | 2.45 billion current LCU | 16.01 billion current LCU | 13.55 billion current LCU | Norway |
| 2010s | 531.72 million current LCU | 52.08 billion current LCU | 51.55 billion current LCU | Norway |
| 2020s | 4.05 billion current LCU | 29.27 billion current LCU | 25.23 billion current LCU | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher changes in inventories, Iceland or Norway?
- Iceland, at -4.34 billion current LCU against -9.15 billion current LCU in Norway as of 2025.
- What is the difference in changes in inventories between Iceland and Norway?
- 4.81 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and Norway?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and Norway rank globally for changes in inventories?
- Iceland ranks 164th and Norway ranks 167th of 185 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Changes in inventories (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.