Iceland vs Norway: Produced capital per capita
Iceland
394,151 real chained 2019 US$
in 2020
Norway
397,872 real chained 2019 US$
in 2020
Iceland rank
3rd
Norway rank
2nd
Produced capital per capita over time
- Iceland
- Norway
How they compare
Norway currently reports 397,872 real chained 2019 US$ against 394,151 real chained 2019 US$ in Iceland, a difference of 3,721 real chained 2019 US$.
The two have swapped places 1 time across 26 shared years of data; in 1995 it was Iceland ahead.
Iceland ranks 3rd and Norway ranks 2nd of 150 countries.
Across the 4 decades both report, Iceland averaged higher in 3 and Norway in 1.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 295,146 real chained 2019 US$ | 229,408 real chained 2019 US$ | 65,739 real chained 2019 US$ | Iceland |
| 2000s | 363,350 real chained 2019 US$ | 274,613 real chained 2019 US$ | 88,737 real chained 2019 US$ | Iceland |
| 2010s | 389,393 real chained 2019 US$ | 347,011 real chained 2019 US$ | 42,382 real chained 2019 US$ | Iceland |
| 2020s | 394,151 real chained 2019 US$ | 397,872 real chained 2019 US$ | 3,721 real chained 2019 US$ | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher produced capital per capita, Iceland or Norway?
- Norway, at 397,872 real chained 2019 US$ against 394,151 real chained 2019 US$ in Iceland as of 2020.
- What is the difference in produced capital per capita between Iceland and Norway?
- 3,721 real chained 2019 US$, with Norway ahead.
- How many years of comparable data are there for Iceland and Norway?
- 26 years are reported by both, from 1995 to 2020.
- How do Iceland and Norway rank globally for produced capital per capita?
- Iceland ranks 3rd and Norway ranks 2nd of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Produced capital per capita (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Produced capital includes the value of machinery, buildings, equipment, and residential and nonresidential urban land. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.