Iceland vs Norway: GDP, PPP (constant 2021 international $), annual growth rate

Iceland
1.28 % change on previous year
in 2025
Norway
1.09 % change on previous year
in 2025
Iceland rank
160th
Norway rank
163rd

GDP, PPP (constant 2021 international $), annual growth rate over time

  • Iceland
  • Norway
-10-50510199120082025

How they compare

Iceland currently reports 1.28 % change on previous year against 1.09 % change on previous year in Norway, a difference of 0.19 % change on previous year.

That makes Iceland's figure about 1.2 times Norway's.

The two have swapped places 11 times across 35 shared years of data; in 1991 it was Norway ahead.

Iceland ranks 160th and Norway ranks 163rd of 200 countries.

Across the 4 decades both report, Iceland averaged higher in 3 and Norway in 1.

Head to head by decade

Decade Iceland Norway Difference Ahead
1990s 2.33 % change on previous year 3.72 % change on previous year 1.39 % change on previous year Norway
2000s 3.4 % change on previous year 2.09 % change on previous year 1.31 % change on previous year Iceland
2010s 2.51 % change on previous year 1.72 % change on previous year 0.7941 % change on previous year Iceland
2020s 2.07 % change on previous year 1.62 % change on previous year 0.4494 % change on previous year Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, ppp (constant 2021 international $), annual growth rate, Iceland or Norway?
Iceland, at 1.28 % change on previous year against 1.09 % change on previous year in Norway as of 2025.
What is the difference in gdp, ppp (constant 2021 international $), annual growth rate between Iceland and Norway?
0.19 % change on previous year, with Iceland ahead.
How many years of comparable data are there for Iceland and Norway?
35 years are reported by both, from 1991 to 2025.
How do Iceland and Norway rank globally for gdp, ppp (constant 2021 international $), annual growth rate?
Iceland ranks 160th and Norway ranks 163rd of 200 countries.
Where does this data come from?
Statizoid (derived), published as GDP, PPP (constant 2021 international $), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Norway: GDP, PPP (constant 2021 international $), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/compare/gdp-ppp-constant-2021-international-annual-growth-rate/iceland/norway/

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About this data

Indicator
GDP, PPP (constant 2021 international $), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
247 places, 8,440 data points, 1991–2025
Last refreshed

The year-on-year percentage change in GDP, PPP (constant 2021 international $). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.