Iceland vs Norway: Gross Fixed Capital Formation — Value US$, per capita

Iceland
0.0222 million USD per person
in 2024
Norway
0.0206 million USD per person
in 2024
Iceland rank
5th
Norway rank
7th

Gross Fixed Capital Formation — Value US$, per capita over time

  • Iceland
  • Norway
00.0050.010.0150.020.025197019972024

How they compare

Iceland currently reports 0.0222 million USD per person against 0.0206 million USD per person in Norway, a difference of 0.0016 million USD per person.

That makes Iceland's figure about 1.1 times Norway's.

The two have swapped places 9 times across 55 shared years of data; in 1970 it was Norway ahead.

Iceland ranks 5th and Norway ranks 7th 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 0.0023 million USD per person 0.0025 million USD per person 0.0002 million USD per person Norway
1980s 0.0041 million USD per person 0.0051 million USD per person 0.0011 million USD per person Norway
1990s 0.0058 million USD per person 0.0073 million USD per person 0.0016 million USD per person Norway
2000s 0.012 million USD per person 0.0134 million USD per person 0.0014 million USD per person Norway
2010s 0.0107 million USD per person 0.0204 million USD per person 0.0097 million USD per person Norway
2020s 0.0177 million USD per person 0.0205 million USD per person 0.0029 million USD per person Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value us$, per capita, Iceland or Norway?
Iceland, at 0.0222 million USD per person against 0.0206 million USD per person in Norway as of 2024.
What is the difference in gross fixed capital formation — value us$, per capita between Iceland and Norway?
0.0016 million USD per person, with Iceland 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 fixed capital formation — value us$, per capita?
Iceland ranks 5th and Norway ranks 7th of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 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 Fixed Capital Formation — Value US$, per capita. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-per-capita/iceland/norway/

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About this data

Indicator
Gross Fixed Capital Formation — 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 Fixed Capital Formation — 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.