Iceland vs Norway: Gross Domestic Product — Value US$, per capita

Iceland
0.0862 million USD per person
in 2024
Norway
0.0872 million USD per person
in 2024
Iceland rank
10th
Norway rank
9th

Gross Domestic Product — Value US$, per capita over time

  • Iceland
  • Norway
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How they compare

Norway currently reports 0.0872 million USD per person against 0.0862 million USD per person in Iceland, a difference of 0.001 million USD per person.

The two have swapped places 4 times across 55 shared years of data; in 1970 it was Norway ahead.

Iceland ranks 10th and Norway ranks 9th of 194 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 0.007 million USD per person 0.0076 million USD per person 0.0006 million USD per person Norway
1980s 0.0165 million USD per person 0.0182 million USD per person 0.0017 million USD per person Norway
1990s 0.0272 million USD per person 0.0325 million USD per person 0.0052 million USD per person Norway
2000s 0.0462 million USD per person 0.0633 million USD per person 0.0171 million USD per person Norway
2010s 0.0571 million USD per person 0.0874 million USD per person 0.0303 million USD per person Norway
2020s 0.0742 million USD per person 0.0891 million USD per person 0.0149 million USD per person Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product — value us$, per capita, Iceland or Norway?
Norway, at 0.0872 million USD per person against 0.0862 million USD per person in Iceland as of 2024.
What is the difference in gross domestic product — value us$, per capita between Iceland and Norway?
0.001 million USD per person, with Norway ahead.
How many years of comparable data are there for Iceland and Norway?
55 years are reported by both, from 1970 to 2024.
How do Iceland and Norway rank globally for gross domestic product — value us$, per capita?
Iceland ranks 10th and Norway ranks 9th of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross Domestic Product — Value US$, 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 Domestic Product — Value US$, per capita. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-value-us-per-capita-2/iceland/norway/

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About this data

Indicator
Gross Domestic Product — Value US$, per capita
Unit
million USD per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
195 places, 10,004 data points, 1970–2024
Last refreshed

Gross Domestic Product — Value US$ divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.