Iceland vs Norway: Gross capital formation (constant 2015 US$), per capita

Iceland
15,584 constant 2015 US$ per person
in 2025
Norway
18,489 constant 2015 US$ per person
in 2025
Iceland rank
7th
Norway rank
4th

Gross capital formation (constant 2015 US$), per capita over time

  • Iceland
  • Norway
5.0k10.0k15.0k20.0k25.0k197019972025

How they compare

Norway currently reports 18,489 constant 2015 US$ per person against 15,584 constant 2015 US$ per person in Iceland, a difference of 2,905 constant 2015 US$ per person.

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

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

Iceland ranks 7th and Norway ranks 4th of 163 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 6,928 constant 2015 US$ per person 11,696 constant 2015 US$ per person 4,768 constant 2015 US$ per person Norway
1980s 7,459 constant 2015 US$ per person 13,573 constant 2015 US$ per person 6,114 constant 2015 US$ per person Norway
1990s 7,594 constant 2015 US$ per person 13,841 constant 2015 US$ per person 6,247 constant 2015 US$ per person Norway
2000s 12,494 constant 2015 US$ per person 18,341 constant 2015 US$ per person 5,847 constant 2015 US$ per person Norway
2010s 9,666 constant 2015 US$ per person 20,410 constant 2015 US$ per person 10,744 constant 2015 US$ per person Norway
2020s 13,726 constant 2015 US$ per person 19,625 constant 2015 US$ per person 5,899 constant 2015 US$ per person Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (constant 2015 us$), per capita, Iceland or Norway?
Norway, at 18,489 constant 2015 US$ per person against 15,584 constant 2015 US$ per person in Iceland as of 2025.
What is the difference in gross capital formation (constant 2015 us$), per capita between Iceland and Norway?
2,905 constant 2015 US$ 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 gross capital formation (constant 2015 us$), per capita?
Iceland ranks 7th and Norway ranks 4th of 163 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (constant 2015 US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Norway: Gross capital formation (constant 2015 US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-constant-2015-us-per-capita/iceland/norway/

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About this data

Indicator
Gross capital formation (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
203 places, 8,396 data points, 1960–2025
Last refreshed

Gross capital formation (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.