Iceland vs Norway: Economic Outlook No 114 — Current account balance in USD, residual
Economic Outlook No 114 — Current account balance in USD, residual over time
- Iceland
- Norway
How they compare
Iceland currently reports 0 against 0 in Norway, a difference of 0.
The two have swapped places 7 times across 51 shared years of data; in 1975 it was Iceland ahead.
Iceland ranks 8th and Norway ranks 8th of 38 countries.
Across the 6 decades both report, Iceland averaged higher in 4 and Norway in 2.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 22.31 million | -61.89 million | 84.20 million | Iceland |
| 1980s | 35.58 million | 244.34 million | 208.76 million | Norway |
| 1990s | 751,560 | 205.63 million | 204.88 million | Norway |
| 2000s | 16.57 million | -1.12 billion | 1.14 billion | Iceland |
| 2010s | -21.34 million | -4.74 billion | 4.72 billion | Iceland |
| 2020s | -6.71 million | -1.97 billion | 1.96 billion | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 114 — current account balance in usd, residual, Iceland or Norway?
- Iceland, at 0 against 0 in Norway as of 2025.
- What is the difference in economic outlook no 114 — current account balance in usd, residual between Iceland and Norway?
- 0, with Iceland ahead.
- How many years of comparable data are there for Iceland and Norway?
- 51 years are reported by both, from 1975 to 2025.
- How do Iceland and Norway rank globally for economic outlook no 114 — current account balance in usd, residual?
- Iceland ranks 8th and Norway ranks 8th of 38 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 114 — Current account balance in USD, residual item. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. EO114 Database inventory EO114 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org