Iceland vs Norway: Gross value added at basic prices (GVA) (current US$), per capita

Iceland
88,429 current US$ per person
in 2025
Norway
86,220 current US$ per person
in 2025
Iceland rank
10th
Norway rank
11th

Gross value added at basic prices (GVA) (current US$), per capita over time

  • Iceland
  • Norway
025.0k50.0k75.0k100.0k197019972025

How they compare

Iceland currently reports 88,429 current US$ per person against 86,220 current US$ per person in Norway, a difference of 2,209 current US$ per person.

The two have swapped places 4 times across 53 shared years of data; in 1973 it was Iceland ahead.

Iceland ranks 10th and Norway ranks 11th of 205 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 7,558 current US$ per person 8,073 current US$ per person 515.86 current US$ per person Norway
1980s 14,882 current US$ per person 15,978 current US$ per person 1,095 current US$ per person Norway
1990s 24,383 current US$ per person 28,151 current US$ per person 3,768 current US$ per person Norway
2000s 40,849 current US$ per person 56,824 current US$ per person 15,974 current US$ per person Norway
2010s 51,839 current US$ per person 80,473 current US$ per person 28,635 current US$ per person Norway
2020s 70,771 current US$ per person 84,452 current US$ per person 13,681 current US$ per person Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (current us$), per capita, Iceland or Norway?
Iceland, at 88,429 current US$ per person against 86,220 current US$ per person in Norway as of 2025.
What is the difference in gross value added at basic prices (gva) (current us$), per capita between Iceland and Norway?
2,209 current US$ per person, with Iceland ahead.
How many years of comparable data are there for Iceland and Norway?
53 years are reported by both, from 1973 to 2025.
How do Iceland and Norway rank globally for gross value added at basic prices (gva) (current us$), per capita?
Iceland ranks 10th and Norway ranks 11th of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), 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 value added at basic prices (GVA) (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-us-per-capita/iceland/norway/

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (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.