Age composition in 2026:
๐ณ๐ด Norway
๐ฎ๐ธ Iceland
| Norway | Iceland | |
|---|---|---|
| Young Population | 15.68%886,158 | 17.31%69,657 |
| Working Age Population | 64.91%3,669,388 | 66.39%267,125 |
| Elderly Population | 19.41%1,097,440 | 16.29%65,550 |
In 2026, the median age is 41.1 years in Norway and 37.6 years in Iceland.Norway already reached Icelandโs current median age in 2004, about 22 years ahead in population aging.
The total population of Norway peaks in 2050 at 5,899,827.The total population of Iceland peaks in 2049 at 432,999.
By 2050, the dependency ratio of Norway will be 68.6%, and 26.81% of the population will be elderly.By 2050, the dependency ratio of Iceland will be 60.2%, and 23.94% of the population will be elderly.
| Norway | Iceland | ||
|---|---|---|---|
| Demographic dividend (dependency ratio below 50%) | None between 1950 and 2100 | 2006โ2011 2018โ2020 |
|
| Aging society (65+ reaches 7%) | 1950 or earlier | 1950 or earlier | |
| Aged society (65+ reaches 14%) | 1977 | 2017 40 years later | |
| Super-aged society (65+ reaches 20%) | 2028 | 2038 10 years later |