Iceland vs Norway: Prosperity gap

Iceland

0.5892

in 2019

Norway

0.5522

in 2023

Iceland rank

115th

Norway rank

116th

Prosperity gap over time

Iceland currently reports 0.5892 against 0.5522 in Norway, a difference of 0.037.

That makes Iceland's figure about 1.1 times Norway's.

The two have swapped places 3 times across 17 shared years of data; in 2003 it was Norway ahead.

Iceland ranks 115th and Norway ranks 116th of 120 countries.

Indicator: Prosperity gap
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 120 places, 2,148 data points, 1963–2025
Last refreshed: 07 August 2026

Average factor by which incomes need to be multiplied to bring everyone to the prosperity standard of $28 per person per day.