Iceland vs Norway: GDP per capita
GDP per capita over time
- Iceland
- Norway
How they compare
Iceland currently reports 98,324 current US$ against 94,594 current US$ in Norway, a difference of 3,730 current US$.
The two have swapped places 12 times across 66 shared years of data; in 1960 it was Iceland ahead.
Iceland ranks 9th and Norway ranks 10th of 214 countries.
Across the 7 decades both report, Iceland averaged higher in 1 and Norway in 6.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2,309 current US$ | 2,095 current US$ | 213.95 current US$ | Iceland |
| 1970s | 7,265 current US$ | 7,557 current US$ | 292.33 current US$ | Norway |
| 1980s | 17,119 current US$ | 18,142 current US$ | 1,023 current US$ | Norway |
| 1990s | 28,031 current US$ | 32,254 current US$ | 4,223 current US$ | Norway |
| 2000s | 46,763 current US$ | 63,751 current US$ | 16,988 current US$ | Norway |
| 2010s | 57,821 current US$ | 89,906 current US$ | 32,085 current US$ | Norway |
| 2020s | 78,886 current US$ | 92,682 current US$ | 13,795 current US$ | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, Iceland or Norway?
- Iceland, at 98,324 current US$ against 94,594 current US$ in Norway as of 2025.
- What is the difference in gdp per capita between Iceland and Norway?
- 3,730 current US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Norway?
- 66 years are reported by both, from 1960 to 2025.
- How do Iceland and Norway rank globally for gdp per capita?
- Iceland ranks 9th and Norway ranks 10th of 214 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.