Iceland vs Norway: General government final consumption expenditure (current US$), per

Iceland
25,628 current US$ per person
in 2025
Norway
21,349 current US$ per person
in 2025
Iceland rank
2nd
Norway rank
4th

General government final consumption expenditure (current US$), per over time

  • Iceland
  • Norway
010.0k20.0k30.0k197019972025

How they compare

Iceland currently reports 25,628 current US$ per person against 21,349 current US$ per person in Norway, a difference of 4,279 current US$ per person.

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

The two have swapped places 15 times across 56 shared years of data; in 1970 it was Norway ahead.

Iceland ranks 2nd and Norway ranks 4th of 187 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 1,326 current US$ per person 1,392 current US$ per person 66.41 current US$ per person Norway
1980s 3,538 current US$ per person 3,487 current US$ per person 50.44 current US$ per person Iceland
1990s 6,429 current US$ per person 6,857 current US$ per person 427.84 current US$ per person Norway
2000s 11,639 current US$ per person 12,657 current US$ per person 1,017 current US$ per person Norway
2010s 14,170 current US$ per person 19,550 current US$ per person 5,380 current US$ per person Norway
2020s 20,722 current US$ per person 19,912 current US$ per person 809.78 current US$ per person Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher general government final consumption expenditure (current us$), per, Iceland or Norway?
Iceland, at 25,628 current US$ per person against 21,349 current US$ per person in Norway as of 2025.
What is the difference in general government final consumption expenditure (current us$), per between Iceland and Norway?
4,279 current US$ per person, 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 general government final consumption expenditure (current us$), per?
Iceland ranks 2nd and Norway ranks 4th of 187 countries.
Where does this data come from?
Statizoid (derived), published as General government final consumption expenditure (current US$), 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 (current US$), per. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/general-government-final-consumption-expenditure-current-us-per-capita/iceland/norway/

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About this data

Indicator
General government final consumption expenditure (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
230 places, 11,065 data points, 1960–2025
Last refreshed

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