Iceland vs Norway: Prosperity gap
Iceland
0.6 average shortfall from a prosperity standard of $28/day
in 2019
Norway
0.6 average shortfall from a prosperity standard of $28/day
in 2023
Iceland rank
115th
Norway rank
115th
Prosperity gap over time
- Iceland
- Norway
How they compare
Iceland currently reports 0.6 average shortfall from a prosperity standard of $28/day against 0.6 average shortfall from a prosperity standard of $28/day in Norway, a difference of 0 average shortfall from a prosperity standard of $28/day.
The two have swapped places 4 times across 17 shared years of data; in 2003 it was Norway ahead.
Iceland ranks 115th and Norway ranks 115th of 123 countries.
Across the 2 decades both report, Iceland averaged higher in 1 and Norway in 1.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.6286 average shortfall from a prosperity standard of $28/day | 0.6571 average shortfall from a prosperity standard of $28/day | 0.0286 average shortfall from a prosperity standard of $28/day | Norway |
| 2010s | 0.64 average shortfall from a prosperity standard of $28/day | 0.55 average shortfall from a prosperity standard of $28/day | 0.09 average shortfall from a prosperity standard of $28/day | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher prosperity gap, Iceland or Norway?
- Iceland, at 0.6 average shortfall from a prosperity standard of $28/day against 0.6 average shortfall from a prosperity standard of $28/day in Norway as of 2019.
- What is the difference in prosperity gap between Iceland and Norway?
- 0 average shortfall from a prosperity standard of $28/day, with Iceland ahead.
- How many years of comparable data are there for Iceland and Norway?
- 17 years are reported by both, from 2003 to 2019.
- How do Iceland and Norway rank globally for prosperity gap?
- Iceland ranks 115th and Norway ranks 115th of 123 countries.
- Where does this data come from?
- World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.