Iceland vs Norway: General government final consumption expenditure (constant 2015 US$)

Iceland
13,945 constant 2015 US$ per person
in 2025
Norway
19,662 constant 2015 US$ per person
in 2025
Iceland rank
5th
Norway rank
3rd

General government final consumption expenditure (constant 2015 US$) over time

  • Iceland
  • Norway
5.0k10.0k15.0k20.0k197019972025

How they compare

Norway currently reports 19,662 constant 2015 US$ per person against 13,945 constant 2015 US$ per person in Iceland, a difference of 5,717 constant 2015 US$ per person.

That makes Norway's figure about 1.4 times Iceland's.

Across all 56 years both countries report, Norway has been ahead every year.

Iceland ranks 5th and Norway ranks 3rd of 168 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 5,797 constant 2015 US$ per person 6,929 constant 2015 US$ per person 1,132 constant 2015 US$ per person Norway
1980s 8,862 constant 2015 US$ per person 9,716 constant 2015 US$ per person 853.35 constant 2015 US$ per person Norway
1990s 11,099 constant 2015 US$ per person 12,657 constant 2015 US$ per person 1,558 constant 2015 US$ per person Norway
2000s 13,273 constant 2015 US$ per person 15,527 constant 2015 US$ per person 2,254 constant 2015 US$ per person Norway
2010s 13,043 constant 2015 US$ per person 17,373 constant 2015 US$ per person 4,330 constant 2015 US$ per person Norway
2020s 13,757 constant 2015 US$ per person 18,910 constant 2015 US$ per person 5,153 constant 2015 US$ per person Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher general government final consumption expenditure (constant 2015 us$), Iceland or Norway?
Norway, at 19,662 constant 2015 US$ per person against 13,945 constant 2015 US$ per person in Iceland as of 2025.
What is the difference in general government final consumption expenditure (constant 2015 us$) between Iceland and Norway?
5,717 constant 2015 US$ per person, with Norway 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 general government final consumption expenditure (constant 2015 us$)?
Iceland ranks 5th and Norway ranks 3rd of 168 countries.
Where does this data come from?
Statizoid (derived), published as General government final consumption expenditure (constant 2015 US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Norway: General government final consumption expenditure (constant 2015 US$). Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/general-government-final-consumption-expenditure-constant-2015-us-per-capita/iceland/norway/

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About this data

Indicator
General government final consumption expenditure (constant 2015 US$), per capita
Unit
constant 2015 US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
201 places, 8,621 data points, 1960–2025
Last refreshed

General government final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.