Iceland vs Norway
POP 14.4x GDP 15.1x LE 0.4 yrs same-band HIC
Widest indicator spreads · Iceland vs Norway
Economy: GDP Growth Rate (Norway, 190% spread)
| Indicator | Iceland | Norway | Year |
|---|---|---|---|
| GDP Growth Rate | -1.3% | 1.4% | 2024 |
| GDP (Current USD) | $33.2B | $500.9B | 2024 |
| Foreign Direct Investment | $2.8B | $12.1B | 2024 |
| Inflation (Consumer Prices) | 5.9% | 3.1% | 2024 |
4 closer economy rows sit on the Iceland and Norway profiles; this pair keeps the steep spreads only.
Environment: Forest Area (Norway, 98% spread)
| Indicator | Iceland | Norway | Year |
|---|---|---|---|
| Forest Area | 0.5% | 33.5% | 2023 |
| Freshwater Withdrawal | 0.2% | 0.7% | 2022 |
| Electric Power Consumption | 48,998 | 23,673 | 2024 |
| Renewable Energy Consumption | 82.4% | 61.4% | 2021 |
1 closer environment rows sit on the Iceland and Norway profiles; this pair keeps the steep spreads only.
How to read this Iceland vs Norway comparison
Iceland (HIC, Europe & Central Asia) vs Norway (HIC, Europe & Central Asia) is a WIDE WDI pair: population is 14.4x smaller (386.5K vs 5.6M) and total GDP is 15.1x smaller ($33.2B vs $500.9B). The gap board leads on GDP Growth Rate (~190% relative spread) across 39 indicators in 7 topics. Same income tier; rate and stock gaps are the sharper policy read. Figures may come from different reporting years; dollar values move with exchange rates; national averages conceal inequality. See our methodology.
Read with Iceland vs Norway
Drills from this same-band HIC WDI pair and other curated comparisons sharing either country - not a fixed Related strip.
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Indexable comparisons only (Module 42). Full picker with every country lives on /compare, not duplicated under every pair.
Iceland vs Norway figures: World Bank Open Data and health rows: WHO Global Health Observatory. CC BY 4.0 · same-band HIC · WIDE scale band.