Iceland vs Norway: GDP per capita

Iceland
27,132 international-$ in 1990 prices
in 2020
Norway
27,695 international-$ in 1990 prices
in 2020
Iceland rank
9th
Norway rank
7th

GDP per capita over time

  • Iceland
  • Norway
010.0k20.0k30.0k187019452020

How they compare

Norway currently reports 27,695 international-$ in 1990 prices against 27,132 international-$ in 1990 prices in Iceland, a difference of 563 international-$ in 1990 prices.

The two have swapped places 6 times across 15 shared years of data; in 1950 it was Norway ahead.

Iceland ranks 9th and Norway ranks 7th of 162 countries.

Norway has averaged higher in every one of the 8 decades both report.

Head to head by decade

Decade Iceland Norway Difference Ahead
1950s 5,832 international-$ in 1990 prices 5,866 international-$ in 1990 prices 33.17 international-$ in 1990 prices Norway
1960s 7,860 international-$ in 1990 prices 7,947 international-$ in 1990 prices 86.55 international-$ in 1990 prices Norway
1970s 10,592 international-$ in 1990 prices 11,149 international-$ in 1990 prices 557.46 international-$ in 1990 prices Norway
1980s 15,846 international-$ in 1990 prices 16,198 international-$ in 1990 prices 351.5 international-$ in 1990 prices Norway
1990s 17,730 international-$ in 1990 prices 20,027 international-$ in 1990 prices 2,297 international-$ in 1990 prices Norway
2000s 23,378 international-$ in 1990 prices 26,074 international-$ in 1990 prices 2,697 international-$ in 1990 prices Norway
2010s 25,790 international-$ in 1990 prices 27,149 international-$ in 1990 prices 1,360 international-$ in 1990 prices Norway
2020s 27,132 international-$ in 1990 prices 27,695 international-$ in 1990 prices 563.7 international-$ in 1990 prices Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp per capita, Iceland or Norway?
Norway, at 27,695 international-$ in 1990 prices against 27,132 international-$ in 1990 prices in Iceland as of 2020.
What is the difference in gdp per capita between Iceland and Norway?
563 international-$ in 1990 prices, with Norway ahead.
How many years of comparable data are there for Iceland and Norway?
15 years are reported by both, from 1950 to 2020.
How do Iceland and Norway rank globally for gdp per capita?
Iceland ranks 9th and Norway ranks 7th of 162 countries.
Where does this data come from?
Leandro Prados de la Escosura (2021) – with minor processing by Our World in Data, published as GDP per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Norway: GDP per capita. Statizoid, drawing on Leandro Prados de la Escosura (2021) – with minor processing by Our World in Data. Retrieved 10 September 2026, from https://economy.statizoid.com/compare/gdp-per-capita-prados-de-la-escosura/iceland/norway/

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About this data

Indicator
GDP per capita
Unit
international-$ in 1990 prices
Source
Leandro Prados de la Escosura (2021) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
163 places, 3,421 data points, 1870–2020
Last refreshed

GDP per capita expressed in international-$ at 1990 prices to account for inflation and differences in the cost of living between countries.