Iceland vs Norway: National comprehensive wealth per capita index
Iceland
1.03 million real chained 2019 US$
in 2020
Norway
1.15 million real chained 2019 US$
in 2020
Iceland rank
3rd
Norway rank
2nd
National comprehensive wealth per capita index over time
- Iceland
- Norway
How they compare
Norway currently reports 1.15 million real chained 2019 US$ against 1.03 million real chained 2019 US$ in Iceland, a difference of 121,460 real chained 2019 US$.
That makes Norway's figure about 1.1 times Iceland's.
The two have swapped places 1 time across 26 shared years of data; in 1995 it was Iceland ahead.
Iceland ranks 3rd and Norway ranks 2nd of 150 countries.
Across the 4 decades both report, Iceland averaged higher in 1 and Norway in 3.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 822,853 real chained 2019 US$ | 785,747 real chained 2019 US$ | 37,106 real chained 2019 US$ | Iceland |
| 2000s | 780,402 real chained 2019 US$ | 913,395 real chained 2019 US$ | 132,993 real chained 2019 US$ | Norway |
| 2010s | 840,988 real chained 2019 US$ | 1.05 million real chained 2019 US$ | 208,895 real chained 2019 US$ | Norway |
| 2020s | 1.03 million real chained 2019 US$ | 1.15 million real chained 2019 US$ | 121,460 real chained 2019 US$ | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher national comprehensive wealth per capita index, Iceland or Norway?
- Norway, at 1.15 million real chained 2019 US$ against 1.03 million real chained 2019 US$ in Iceland as of 2020.
- What is the difference in national comprehensive wealth per capita index between Iceland and Norway?
- 121,460 real chained 2019 US$, with Norway ahead.
- How many years of comparable data are there for Iceland and Norway?
- 26 years are reported by both, from 1995 to 2020.
- How do Iceland and Norway rank globally for national comprehensive wealth per capita index?
- Iceland ranks 3rd and Norway ranks 2nd of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as National comprehensive wealth per capita index (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total wealth is calculated as the sum of produced capital, natural capital, human capital, and net foreign assets. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.