Iceland vs Norway: National Definitions of Money, Base Money
Iceland
149.36 billion Domestic currency
in 2024
Norway
129.35 billion Domestic currency
in 2024
Iceland rank
60th
Norway rank
61st
National Definitions of Money, Base Money over time
- Iceland
- Norway
How they compare
Iceland currently reports 149.36 billion Domestic currency against 129.35 billion Domestic currency in Norway, a difference of 20.01 billion Domestic currency.
That makes Iceland's figure about 1.2 times Norway's.
Across all 8 years both countries report, Iceland has been ahead every year.
Iceland ranks 60th and Norway ranks 61st of 88 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 141.60 billion Domestic currency | 98.66 billion Domestic currency | 42.95 billion Domestic currency | Iceland |
| 2020s | 149.73 billion Domestic currency | 90.09 billion Domestic currency | 59.64 billion Domestic currency | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher national definitions of money, base money, Iceland or Norway?
- Iceland, at 149.36 billion Domestic currency against 129.35 billion Domestic currency in Norway as of 2024.
- What is the difference in national definitions of money, base money between Iceland and Norway?
- 20.01 billion Domestic currency, with Iceland ahead.
- How many years of comparable data are there for Iceland and Norway?
- 8 years are reported by both, from 2017 to 2024.
- How do Iceland and Norway rank globally for national definitions of money, base money?
- Iceland ranks 60th and Norway ranks 61st of 88 countries.
- Where does this data come from?
- International Monetary Fund, published as National Definitions of Money, Base Money (Domestic currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.