Norway vs Iceland
vs
| Indicator | Norway | Iceland |
|---|---|---|
| GDP per Capita | $91,884 | $98,150 |
| GDP Growth | 1.18% | 1.43% |
| Inflation Rate | 2.40% | 4.22% |
| Population | 5.6M | 394,600 |
| Unemployment Rate | 4.64% | 3.63% |
Norway vs Iceland: Key Differences
Iceland has a 7% higher gdp per capita ($98,150) compared to Norway ($91,884). Iceland has a 21% higher gdp growth (1.43%) compared to Norway (1.18%). Iceland's inflation rate (4.22%) is 1.8x higher than Norway's (2.40%) as of 2025. Norway's population (5.6M) is 14.2x higher than Iceland's (394,600) as of 2025. Norway has a 28% higher unemployment rate (4.64%) compared to Iceland (3.63%).