Iceland vs Norway: Gross National Income — Value US$, per capita

Iceland
0.0822 million USD per person
in 2023
Norway
0.0884 million USD per person
in 2023
Iceland rank
7th
Norway rank
5th

Gross National Income — Value US$, per capita over time

  • Iceland
  • Norway
00.0250.050.0750.1197019962023

How they compare

Norway currently reports 0.0884 million USD per person against 0.0822 million USD per person in Iceland, a difference of 0.0062 million USD per person.

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

The two have swapped places 4 times across 54 shared years of data; in 1970 it was Norway ahead.

Iceland ranks 7th and Norway ranks 5th 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 0.0069 million USD per person 0.0074 million USD per person 0.0005 million USD per person Norway
1980s 0.016 million USD per person 0.0178 million USD per person 0.0017 million USD per person Norway
1990s 0.0265 million USD per person 0.0319 million USD per person 0.0054 million USD per person Norway
2000s 0.0431 million USD per person 0.0633 million USD per person 0.0202 million USD per person Norway
2010s 0.0559 million USD per person 0.0895 million USD per person 0.0337 million USD per person Norway
2020s 0.0718 million USD per person 0.0904 million USD per person 0.0186 million USD per person Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national income — value us$, per capita, Iceland or Norway?
Norway, at 0.0884 million USD per person against 0.0822 million USD per person in Iceland as of 2023.
What is the difference in gross national income — value us$, per capita between Iceland and Norway?
0.0062 million USD per person, with Norway ahead.
How many years of comparable data are there for Iceland and Norway?
54 years are reported by both, from 1970 to 2023.
How do Iceland and Norway rank globally for gross national income — value us$, per capita?
Iceland ranks 7th and Norway ranks 5th of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross National Income — Value US$, 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 National Income — Value US$, per capita. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/gross-national-income-value-us-per-capita-2/iceland/norway/

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About this data

Indicator
Gross National Income — 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, 9,810 data points, 1970–2023
Last refreshed

Gross National Income — 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.