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Iceland vs Norway

Side-by-side comparison - Budget Deficit
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In 2025, Iceland's budget deficit was -1.14% compared to 12.74% in Norway. Norway was higher by 13.87%.

Iceland vs Norway — Budget Deficit
Iceland vs Norway Budget Deficit
YearIcelandNorway
2025 -1.14% 12.74%
2024 -3.51% 13.25%
2023 -2.28% 16.57%
2022 -3.93% 25.45%
2021 -8.33% 10.29%
2020 -8.73% -2.56%
2019 -1.57% 6.52%
2018 0.94% 7.81%
2017 0.97% 4.96%
2016 12.38% 4.04%
2015 -0.39% 5.99%
2014 0.29% 8.57%
2013 -1.24% 10.61%
2012 -2.59% 13.68%
2011 -6.46% 13.27%
2010 -6.58% 10.87%
2009 -8.54% 10.20%
2008 -12.02% 18.53%
2007 5.52% 17.04%
2006 6.37% 17.88%