What is the difference in gross capital formation (current us$), per capita between Iceland and Norway?

4,170 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.

Where does this data come from?

Statizoid (derived), published as Gross capital formation (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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

Iceland

26,128 current US$ per person

in 2025

Norway

21,958 current US$ per person

in 2025

Iceland rank

4th

Norway rank

7th

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

Iceland
Norway

How they compare

Iceland currently reports 26,128 current US$ per person against 21,958 current US$ per person in Norway, a difference of 4,170 current US$ per person.

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

The two have swapped places 7 times across 56 shared years of data; in 1970 it was Norway ahead.

Iceland ranks 4th and Norway ranks 7th of 187 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	2,294 current US$ per person	2,572 current US$ per person	278.2 current US$ per person	Norway
1980s	4,084 current US$ per person	5,306 current US$ per person	1,222 current US$ per person	Norway
1990s	5,784 current US$ per person	7,594 current US$ per person	1,810 current US$ per person	Norway
2000s	12,088 current US$ per person	14,314 current US$ per person	2,226 current US$ per person	Norway
2010s	10,768 current US$ per person	23,066 current US$ per person	12,298 current US$ per person	Norway
2020s	19,467 current US$ per person	21,944 current US$ per person	2,477 current US$ per person	Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current us$), per capita, Iceland or Norway?: Iceland, at 26,128 current US$ per person against 21,958 current US$ per person in Norway as of 2025.
What is the difference in gross capital formation (current us$), per capita between Iceland and Norway?: 4,170 current US$ 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 gross capital formation (current us$), per capita?: Iceland ranks 4th and Norway ranks 7th of 187 countries.
Where does this data come from?: Statizoid (derived), published as Gross capital formation (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Norway: Gross capital formation (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-us-per-capita/iceland/norway/

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About this data

Indicator: Gross capital formation (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, 10,947 data points, 1960–2025
Last refreshed: 06 September 2026

Gross capital formation (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.