Iceland vs Norway: GNI
Iceland
4.61 trillion current LCU
in 2024
Norway
5.44 trillion current LCU
in 2024
Iceland rank
71st
Norway rank
68th
GNI over time
- Iceland
- Norway
How they compare
Norway currently reports 5.44 trillion current LCU against 4.61 trillion current LCU in Iceland, a difference of 836.20 billion current LCU.
That makes Norway's figure about 1.2 times Iceland's.
Across all 55 years both countries report, Norway has been ahead every year.
Iceland ranks 71st and Norway ranks 68th of 204 countries.
Norway has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.02 billion current LCU | 165.93 billion current LCU | 162.90 billion current LCU | Norway |
| 1980s | 128.11 billion current LCU | 507.44 billion current LCU | 379.33 billion current LCU | Norway |
| 1990s | 466.51 billion current LCU | 953.76 billion current LCU | 487.25 billion current LCU | Norway |
| 2000s | 1.03 trillion current LCU | 1.97 trillion current LCU | 945.74 billion current LCU | Norway |
| 2010s | 2.22 trillion current LCU | 3.22 trillion current LCU | 1.00 trillion current LCU | Norway |
| 2020s | 3.84 trillion current LCU | 4.89 trillion current LCU | 1.06 trillion current LCU | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gni, Iceland or Norway?
- Norway, at 5.44 trillion current LCU against 4.61 trillion current LCU in Iceland as of 2024.
- What is the difference in gni between Iceland and Norway?
- 836.20 billion current LCU, with Norway ahead.
- How many years of comparable data are there for Iceland and Norway?
- 55 years are reported by both, from 1970 to 2024.
- How do Iceland and Norway rank globally for gni?
- Iceland ranks 71st and Norway ranks 68th of 204 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as GNI (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
February 2026 Data Release