Iceland vs Norway: Nonrenewable natural capital, coal

Iceland
0 real chained 2019 US$
in 2020
Norway
1.55 million real chained 2019 US$
in 2020
Iceland rank
60th
Norway rank
58th

Nonrenewable natural capital, coal over time

  • Iceland
  • Norway
02.0M4.0M6.0M8.0M199520072020

How they compare

Norway currently reports 1.55 million real chained 2019 US$ against 0 real chained 2019 US$ in Iceland, a difference of 1.55 million real chained 2019 US$.

Across all 26 years both countries report, Norway has been ahead every year.

Iceland ranks 60th and Norway ranks 58th of 147 countries.

Norway has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Norway Difference Ahead
1990s 0 real chained 2019 US$ 3.53 million real chained 2019 US$ 3.53 million real chained 2019 US$ Norway
2000s 0 real chained 2019 US$ 3.80 million real chained 2019 US$ 3.80 million real chained 2019 US$ Norway
2010s 0 real chained 2019 US$ 1.72 million real chained 2019 US$ 1.72 million real chained 2019 US$ Norway
2020s 0 real chained 2019 US$ 1.55 million real chained 2019 US$ 1.55 million real chained 2019 US$ Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher nonrenewable natural capital, coal, Iceland or Norway?
Norway, at 1.55 million real chained 2019 US$ against 0 real chained 2019 US$ in Iceland as of 2020.
What is the difference in nonrenewable natural capital, coal between Iceland and Norway?
1.55 million real chained 2019 US$, with Norway ahead.
How many years of comparable data are there for Iceland and Norway?
26 years are reported by both, from 1995 to 2020.
How do Iceland and Norway rank globally for nonrenewable natural capital, coal?
Iceland ranks 60th and Norway ranks 58th of 147 countries.
Where does this data come from?
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, coal (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Norway: Nonrenewable natural capital, coal. Statizoid, drawing on 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. Retrieved 16 August 2026, from https://reference.statizoid.com/compare/nonrenewable-natural-capital-coal-real-chained-2019-us/iceland/norway/

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About this data

Indicator
Nonrenewable natural capital, coal (real chained 2019 US$)
Unit
real chained 2019 US$
Source
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 3,807 data points, 1995–2020
Last refreshed

Natural capital includes the valuation of renewable and nonrenewable natural capital. Renewable natural capital includes agricultural land (cropland and pastureland), forests (timber, and three ecosystem services: water, recretion and non-wood forest products), protected areas, mangroves and fisheries. Nonrenewable natural capital includes fossil fuel energy (oil, gas, hard and soft coal) and minerals (bauxite, copper, gold, iron ore, lead, nickel, phosphate, silver, tin, and zinc),Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.