Iceland vs Norway: Economic Outlook No 115 — Balance of primary income as a percent of
Economic Outlook No 115 — Balance of primary income as a percent of over time
- Iceland
- Norway
How they compare
Norway currently reports 4.79 against 3 in Iceland, a difference of 1.79.
That makes Norway's figure about 1.6 times Iceland's.
The two have swapped places 4 times across 51 shared years of data; in 1975 it was Norway ahead.
Iceland ranks 5th and Norway ranks 2nd of 36 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 | -2.95 | -2.33 | 0.6111 | Norway |
| 1980s | -4.48 | -2.51 | 1.97 | Norway |
| 1990s | -2.96 | -1.71 | 1.26 | Norway |
| 2000s | -6.25 | 0.0867 | 6.33 | Norway |
| 2010s | -3.09 | 2.72 | 5.81 | Norway |
| 2020s | 1.91 | 4.05 | 2.13 | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 115 — balance of primary income as a percent of, Iceland or Norway?
- Norway, at 4.79 against 3 in Iceland as of 2025.
- What is the difference in economic outlook no 115 — balance of primary income as a percent of between Iceland and Norway?
- 1.79, with Norway 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 115 — balance of primary income as a percent of?
- Iceland ranks 5th and Norway ranks 2nd of 36 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 115 — Balance of primary income as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
May 2024 - 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. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP