Iceland vs Norway: Relative median income ratio
Iceland
0.99
in 2022
Norway
0.97
in 2025
Iceland rank
6th
Norway rank
9th
Relative median income ratio over time
- Iceland
- Norway
How they compare
Iceland currently reports 0.99 against 0.97 in Norway, a difference of 0.02.
The two have swapped places 10 times across 19 shared years of data; in 2004 it was Iceland ahead.
Iceland ranks 6th and Norway ranks 9th of 47 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 | 0.9033 | 0.875 | 0.0283 | Iceland |
| 2010s | 0.994 | 0.979 | 0.015 | Iceland |
| 2020s | 0.9833 | 0.9767 | 0.0067 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher relative median income ratio, Iceland or Norway?
- Iceland, at 0.99 against 0.97 in Norway as of 2022.
- What is the difference in relative median income ratio between Iceland and Norway?
- 0.02, with Iceland ahead.
- How many years of comparable data are there for Iceland and Norway?
- 19 years are reported by both, from 2004 to 2022.
- How do Iceland and Norway rank globally for relative median income ratio?
- Iceland ranks 6th and Norway ranks 9th of 47 countries.
- Where does this data come from?
- Eurostat, published as Relative median income ratio (60+). Statizoid refreshes it automatically from the source and publishes the full history for both places.