Iceland vs Norway: GNI per capita, Atlas method
GNI per capita, Atlas method over time
- Iceland
- Norway
How they compare
Norway currently reports 97,310 current US$ against 89,220 current US$ in Iceland, a difference of 8,090 current US$.
That makes Norway's figure about 1.1 times Iceland's.
The two have swapped places 6 times across 64 shared years of data; in 1962 it was Norway ahead.
Iceland ranks 6th and Norway ranks 4th of 207 countries.
Across the 7 decades both report, Iceland averaged higher in 1 and Norway in 6.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2,506 current US$ | 2,202 current US$ | 303.75 current US$ | Iceland |
| 1970s | 7,089 current US$ | 7,473 current US$ | 384 current US$ | Norway |
| 1980s | 16,744 current US$ | 18,102 current US$ | 1,358 current US$ | Norway |
| 1990s | 27,357 current US$ | 32,423 current US$ | 5,066 current US$ | Norway |
| 2000s | 43,671 current US$ | 60,304 current US$ | 16,633 current US$ | Norway |
| 2010s | 54,525 current US$ | 90,468 current US$ | 35,943 current US$ | Norway |
| 2020s | 76,725 current US$ | 93,092 current US$ | 16,367 current US$ | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gni per capita, atlas method, Iceland or Norway?
- Norway, at 97,310 current US$ against 89,220 current US$ in Iceland as of 2025.
- What is the difference in gni per capita, atlas method between Iceland and Norway?
- 8,090 current US$, with Norway ahead.
- How many years of comparable data are there for Iceland and Norway?
- 64 years are reported by both, from 1962 to 2025.
- How do Iceland and Norway rank globally for gni per capita, atlas method?
- Iceland ranks 6th and Norway ranks 4th of 207 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GNI per capita, Atlas method (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This figure is converted to U.S. dollars using the World Bank Atlas method, and divided by the midyear population. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. 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.