Iceland vs Norway: Human capital per capita
Iceland
586,976 real chained 2019 US$
in 2020
Norway
500,361 real chained 2019 US$
in 2020
Iceland rank
3rd
Norway rank
5th
Human capital per capita over time
- Iceland
- Norway
How they compare
Iceland currently reports 586,976 real chained 2019 US$ against 500,361 real chained 2019 US$ in Norway, a difference of 86,615 real chained 2019 US$.
That makes Iceland's figure about 1.2 times Norway's.
The two have swapped places 4 times across 26 shared years of data; in 1995 it was Iceland ahead.
Iceland ranks 3rd and Norway ranks 5th of 150 countries.
Across the 4 decades both report, Iceland averaged higher in 3 and Norway in 1.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 456,783 real chained 2019 US$ | 457,201 real chained 2019 US$ | 418.2 real chained 2019 US$ | Norway |
| 2000s | 500,793 real chained 2019 US$ | 489,370 real chained 2019 US$ | 11,423 real chained 2019 US$ | Iceland |
| 2010s | 540,302 real chained 2019 US$ | 506,069 real chained 2019 US$ | 34,233 real chained 2019 US$ | Iceland |
| 2020s | 586,976 real chained 2019 US$ | 500,361 real chained 2019 US$ | 86,615 real chained 2019 US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher human capital per capita, Iceland or Norway?
- Iceland, at 586,976 real chained 2019 US$ against 500,361 real chained 2019 US$ in Norway as of 2020.
- What is the difference in human capital per capita between Iceland and Norway?
- 86,615 real chained 2019 US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Norway?
- 26 years are reported by both, from 1995 to 2020.
- How do Iceland and Norway rank globally for human capital per capita?
- Iceland ranks 3rd and Norway ranks 5th of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Human capital per capita (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.