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Norway vs Iceland

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

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