Iceland vs Norway: Quarterly non-financial accounts by institutional sector

Iceland
4.96 million National currency
in 2025
Norway
5.57 million National currency
in 2022
Iceland rank
9th
Norway rank
8th

Quarterly non-financial accounts by institutional sector over time

  • Iceland
  • Norway
1.0M2.0M3.0M4.0M5.0M6.0M199920122025

How they compare

Norway currently reports 5.57 million National currency against 4.96 million National currency in Iceland, a difference of 615,060 National currency.

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

Across all 23 years both countries report, Norway has been ahead every year.

Iceland ranks 9th and Norway ranks 8th of 25 countries.

Norway has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Norway Difference Ahead
2000s 1.12 million National currency 1.97 million National currency 847,105 National currency Norway
2010s 2.30 million National currency 3.14 million National currency 843,234 National currency Norway
2020s 3.42 million National currency 4.41 million National currency 993,797 National currency Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher quarterly non-financial accounts by institutional sector, Iceland or Norway?
Norway, at 5.57 million National currency against 4.96 million National currency in Iceland as of 2022.
What is the difference in quarterly non-financial accounts by institutional sector between Iceland and Norway?
615,060 National currency, with Norway ahead.
How many years of comparable data are there for Iceland and Norway?
23 years are reported by both, from 2000 to 2022.
How do Iceland and Norway rank globally for quarterly non-financial accounts by institutional sector?
Iceland ranks 9th and Norway ranks 8th of 25 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Quarterly non-financial accounts by institutional sector (Expenditure) — Value added, gross. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Norway: Quarterly non-financial accounts by institutional sector. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 31 August 2026, from https://reference.statizoid.com/compare/quarterly-non-financial-accounts-by-institutional-sector-expenditure-value-added-gross/iceland/norway/

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About this data

Indicator
Quarterly non-financial accounts by institutional sector (Expenditure) — Value added, gross
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
35 places, 992 data points, 1960–2025
Last refreshed

This table presents the full sequence of non-financial accounts in the national accounts from the production account to the capital account. The sequence of non-financial accounts is presented for the economy of each country (or area) as a whole and also for its sectors: Non-financial Corporations, Financial Corporations, General Government, Households and Non-profit institutions serving households (NPISHs) and for the Rest of the world account. This table presents the Expenditure (or Uses) side of the accounts, including the balancing items. It is designed to be used in conjunction with the table entitled 'Quarterly non-financial accounts by institutional sector (Revenue)'. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter in order to view the full sequence of non-financial accounts. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare this item for combinations of sectors, countries and time periods. These indicators were presented in the previous dissemination system in the QASA_TABLE801 dataset. Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org See User Guide on Quarterly National Accounts (QNA) in OECD Data Explorer: QNA User guide