Iceland vs Norway: Mean and median income by degree of urbanisation
Iceland
40,949 Euro
in 2020
Norway
48,102 Euro
in 2025
Iceland rank
6th
Norway rank
3rd
Mean and median income by degree of urbanisation over time
- Iceland
- Norway
How they compare
Norway currently reports 48,102 Euro against 40,949 Euro in Iceland, a difference of 7,153 Euro.
That makes Norway's figure about 1.2 times Iceland's.
The two have swapped places 4 times across 16 shared years of data; in 2004 it was Norway ahead.
Iceland ranks 6th and Norway ranks 3rd of 45 countries.
Norway has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 31,940 Euro | 33,816 Euro | 1,876 Euro | Norway |
| 2010s | 30,583 Euro | 43,230 Euro | 12,647 Euro | Norway |
| 2020s | 40,949 Euro | 45,012 Euro | 4,063 Euro | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mean and median income by degree of urbanisation, Iceland or Norway?
- Norway, at 48,102 Euro against 40,949 Euro in Iceland as of 2025.
- What is the difference in mean and median income by degree of urbanisation between Iceland and Norway?
- 7,153 Euro, with Norway ahead.
- How many years of comparable data are there for Iceland and Norway?
- 16 years are reported by both, from 2004 to 2020.
- How do Iceland and Norway rank globally for mean and median income by degree of urbanisation?
- Iceland ranks 6th and Norway ranks 3rd of 45 countries.
- Where does this data come from?
- Eurostat, published as Mean and median income by degree of urbanisation. Statizoid refreshes it automatically from the source and publishes the full history for both places.