Iceland vs Norway: Households and NPISHs Final consumption expenditure

Iceland
2.46 trillion current LCU
in 2025
Norway
2.35 trillion current LCU
in 2025
Iceland rank
69th
Norway rank
71st

Households and NPISHs Final consumption expenditure over time

  • Iceland
  • Norway
0500.0B1.0T1.5T2.0T2.5T197019972025

How they compare

Iceland currently reports 2.46 trillion current LCU against 2.35 trillion current LCU in Norway, a difference of 112.67 billion current LCU.

The two have swapped places 1 time across 56 shared years of data; in 1970 it was Norway ahead.

Iceland ranks 69th and Norway ranks 71st of 189 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 1.73 billion current LCU 85.14 billion current LCU 83.41 billion current LCU Norway
1980s 80.16 billion current LCU 251.56 billion current LCU 171.40 billion current LCU Norway
1990s 278.37 billion current LCU 470.50 billion current LCU 192.12 billion current LCU Norway
2000s 611.11 billion current LCU 848.71 billion current LCU 237.60 billion current LCU Norway
2010s 1.16 trillion current LCU 1.43 trillion current LCU 269.51 billion current LCU Norway
2020s 2.01 trillion current LCU 2.03 trillion current LCU 21.86 billion current LCU Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher households and npishs final consumption expenditure, Iceland or Norway?
Iceland, at 2.46 trillion current LCU against 2.35 trillion current LCU in Norway as of 2025.
What is the difference in households and npishs final consumption expenditure between Iceland and Norway?
112.67 billion current LCU, with Iceland ahead.
How many years of comparable data are there for Iceland and Norway?
56 years are reported by both, from 1970 to 2025.
How do Iceland and Norway rank globally for households and npishs final consumption expenditure?
Iceland ranks 69th and Norway ranks 71st of 189 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Households and NPISHs Final consumption expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Norway: Households and NPISHs Final consumption expenditure. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 02 September 2026, from https://economy.statizoid.com/compare/households-and-npishs-final-consumption-expenditure-current-lcu/iceland/norway/

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About this data

Indicator
Households and NPISHs Final consumption expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
189 places, 8,718 data points, 1960–2025
Last refreshed

This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.