Iceland vs Norway: Net secondary income (Net current transfers from abroad)
Net secondary income (Net current transfers from abroad) over time
- Iceland
- Norway
How they compare
Iceland currently reports -52.84 billion current LCU against -56.92 billion current LCU in Norway, a difference of 4.08 billion current LCU.
Across all 23 years both countries report, Iceland has been ahead every year.
Iceland ranks 187th and Norway ranks 189th of 202 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.57 billion current LCU | -21.17 billion current LCU | 22.74 billion current LCU | Iceland |
| 2010s | -14.25 billion current LCU | -46.66 billion current LCU | 32.40 billion current LCU | Iceland |
| 2020s | -32.30 billion current LCU | -63.85 billion current LCU | 31.55 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income (net current transfers from abroad), Iceland or Norway?
- Iceland, at -52.84 billion current LCU against -56.92 billion current LCU in Norway as of 2024.
- What is the difference in net secondary income (net current transfers from abroad) between Iceland and Norway?
- 4.08 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and Norway?
- 23 years are reported by both, from 2000 to 2022.
- How do Iceland and Norway rank globally for net secondary income (net current transfers from abroad)?
- Iceland ranks 187th and Norway ranks 189th of 202 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Net secondary income (Net current transfers from abroad) (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.