Iceland vs Norway: Broad money
Broad money over time
- Iceland
- Norway
How they compare
Norway currently reports 3.19 trillion current LCU against 3.08 trillion current LCU in Iceland, a difference of 108.31 billion current LCU.
The two have swapped places 2 times across 65 shared years of data; in 1960 it was Norway ahead.
Iceland ranks 65th and Norway ranks 63rd of 166 countries.
Norway has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 76.74 million current LCU | 27.70 billion current LCU | 27.63 billion current LCU | Norway |
| 1970s | 763.64 million current LCU | 85.33 billion current LCU | 84.57 billion current LCU | Norway |
| 1980s | 37.01 billion current LCU | 273.48 billion current LCU | 236.47 billion current LCU | Norway |
| 1990s | 181.38 billion current LCU | 531.80 billion current LCU | 350.42 billion current LCU | Norway |
| 2000s | 832.89 billion current LCU | 1.09 trillion current LCU | 255.24 billion current LCU | Norway |
| 2010s | 1.66 trillion current LCU | 1.92 trillion current LCU | 262.54 billion current LCU | Norway |
| 2020s | 2.57 trillion current LCU | 2.98 trillion current LCU | 409.15 billion current LCU | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, Iceland or Norway?
- Norway, at 3.19 trillion current LCU against 3.08 trillion current LCU in Iceland as of 2024.
- What is the difference in broad money between Iceland and Norway?
- 108.31 billion current LCU, with Norway ahead.
- How many years of comparable data are there for Iceland and Norway?
- 65 years are reported by both, from 1960 to 2024.
- How do Iceland and Norway rank globally for broad money?
- Iceland ranks 65th and Norway ranks 63rd of 166 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.