Which has a higher GDP, Iceland or Norway?

Norway has a higher GDP. Iceland: $38.4B. Norway: $517.1B (2025).

How does Iceland's GDP per capita compare to Norway?

Iceland has a higher GDP per capita. Iceland: $98,150. Norway: $91,884 (2025).

Norway has a higher population. Iceland: 394,600. Norway: 5.6M (2025).

Iceland has a higher inflation rate. Iceland: 4.22%. Norway: 2.40% (2025).

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Side-by-side comparison - Consumer Price Index

In 2025, Iceland's consumer price index was 182.90 compared to 151.76 in Norway. Iceland was higher by 31.13.

Iceland vs Norway — Consumer Price Index