Iceland vs Norway: Gross domestic product (GDP), annual growth rate
Iceland
1.28 % change on previous year
in 2025
Norway
1.09 % change on previous year
in 2025
Iceland rank
158th
Norway rank
161st
Gross domestic product (GDP), annual growth rate over time
- Iceland
- Norway
How they compare
Iceland currently reports 1.28 % change on previous year against 1.09 % change on previous year in Norway, a difference of 0.19 % change on previous year.
That makes Iceland's figure about 1.2 times Norway's.
The two have swapped places 11 times across 35 shared years of data; in 1991 it was Norway ahead.
Iceland ranks 158th and Norway ranks 161st of 198 countries.
Across the 4 decades both report, Iceland averaged higher in 3 and Norway in 1.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.33 % change on previous year | 3.72 % change on previous year | 1.39 % change on previous year | Norway |
| 2000s | 3.4 % change on previous year | 2.09 % change on previous year | 1.31 % change on previous year | Iceland |
| 2010s | 2.51 % change on previous year | 1.72 % change on previous year | 0.7941 % change on previous year | Iceland |
| 2020s | 2.07 % change on previous year | 1.62 % change on previous year | 0.4494 % change on previous year | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), annual growth rate, Iceland or Norway?
- Iceland, at 1.28 % change on previous year against 1.09 % change on previous year in Norway as of 2025.
- What is the difference in gross domestic product (gdp), annual growth rate between Iceland and Norway?
- 0.19 % change on previous year, with Iceland ahead.
- How many years of comparable data are there for Iceland and Norway?
- 35 years are reported by both, from 1991 to 2025.
- How do Iceland and Norway rank globally for gross domestic product (gdp), annual growth rate?
- Iceland ranks 158th and Norway ranks 161st of 198 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross domestic product (GDP), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.