Iceland vs Norway: Mean and median income before social transfers (pensions excluded)
Iceland
35,639 Euro
in 2020
Norway
38,882 Euro
in 2025
Iceland rank
6th
Norway rank
3rd
Mean and median income before social transfers (pensions excluded) over time
- Iceland
- Norway
How they compare
Norway currently reports 38,882 Euro against 35,639 Euro in Iceland, a difference of 3,243 Euro.
That makes Norway's figure about 1.1 times Iceland's.
The two have swapped places 4 times across 17 shared years of data; in 2004 it was Norway ahead.
Iceland ranks 6th and Norway ranks 3rd of 47 countries.
Across the 3 decades both report, Iceland averaged higher in 1 and Norway in 2.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 27,815 Euro | 27,208 Euro | 606.83 Euro | Iceland |
| 2010s | 26,535 Euro | 36,136 Euro | 9,601 Euro | Norway |
| 2020s | 35,639 Euro | 37,333 Euro | 1,694 Euro | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mean and median income before social transfers (pensions excluded), Iceland or Norway?
- Norway, at 38,882 Euro against 35,639 Euro in Iceland as of 2025.
- What is the difference in mean and median income before social transfers (pensions excluded) between Iceland and Norway?
- 3,243 Euro, with Norway ahead.
- How many years of comparable data are there for Iceland and Norway?
- 17 years are reported by both, from 2004 to 2020.
- How do Iceland and Norway rank globally for mean and median income before social transfers (pensions excluded)?
- Iceland ranks 6th and Norway ranks 3rd of 47 countries.
- Where does this data come from?
- Eurostat, published as Mean and median income before social transfers (pensions excluded from social transfers) by age and sex. Statizoid refreshes it automatically from the source and publishes the full history for both places.