Iceland vs Norway: Exports of goods and services

Iceland
1.48 trillion constant LCU
in 2025
Norway
1.37 trillion constant LCU
in 2025
Iceland rank
58th
Norway rank
60th

Exports of goods and services over time

  • Iceland
  • Norway
0500.0B1.0T1.5T197019972025

How they compare

Iceland currently reports 1.48 trillion constant LCU against 1.37 trillion constant LCU in Norway, a difference of 112.22 billion constant LCU.

That makes Iceland's figure about 1.1 times Norway's.

The two have swapped places 3 times across 56 shared years of data; in 1970 it was Norway ahead.

Iceland ranks 58th and Norway ranks 60th of 179 countries.

Across the 6 decades both report, Iceland averaged higher in 2 and Norway in 4.

Head to head by decade

Decade Iceland Norway Difference Ahead
1970s 245.80 billion constant LCU 270.37 billion constant LCU 24.57 billion constant LCU Norway
1980s 397.70 billion constant LCU 437.02 billion constant LCU 39.32 billion constant LCU Norway
1990s 483.93 billion constant LCU 785.13 billion constant LCU 301.21 billion constant LCU Norway
2000s 749.01 billion constant LCU 1.05 trillion constant LCU 305.73 billion constant LCU Norway
2010s 1.26 trillion constant LCU 1.10 trillion constant LCU 163.87 billion constant LCU Iceland
2020s 1.34 trillion constant LCU 1.26 trillion constant LCU 85.15 billion constant LCU Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher exports of goods and services, Iceland or Norway?
Iceland, at 1.48 trillion constant LCU against 1.37 trillion constant LCU in Norway as of 2025.
What is the difference in exports of goods and services between Iceland and Norway?
112.22 billion constant 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 exports of goods and services?
Iceland ranks 58th and Norway ranks 60th of 179 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Exports of goods and services (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Norway: Exports of goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 10 September 2026, from https://economy.statizoid.com/compare/exports-of-goods-and-services-constant-lcu/iceland/norway/

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About this data

Indicator
Exports of goods and services (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
179 places, 7,745 data points, 1960–2025
Last refreshed

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.