Iceland vs Sweden: Divergence of GDP per capita among latecomers to the capitalist revolution
Iceland
43,438 2011$
in 2018
Sweden
45,542 2011$
in 2018
Iceland rank
17th
Sweden rank
15th
Divergence of GDP per capita among latecomers to the capitalist revolution over time
- Iceland
- Sweden
How they compare
Sweden currently reports 45,542 2011$ against 43,438 2011$ in Iceland, a difference of 2,104 2011$.
The two have swapped places 8 times across 69 shared years of data; in 1950 it was Sweden ahead.
Iceland ranks 17th and Sweden ranks 15th of 145 countries.
Across the 7 decades both report, Iceland averaged higher in 1 and Sweden in 6.
Head to head by decade
| Decade | Iceland | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1950s | 9,550 2011$ | 11,964 2011$ | 2,414 2011$ | Sweden |
| 1960s | 13,020 2011$ | 16,627 2011$ | 3,607 2011$ | Sweden |
| 1970s | 19,243 2011$ | 21,876 2011$ | 2,633 2011$ | Sweden |
| 1980s | 26,584 2011$ | 25,589 2011$ | 995.4 2011$ | Iceland |
| 1990s | 28,725 2011$ | 28,823 2011$ | 97.88 2011$ | Sweden |
| 2000s | 36,672 2011$ | 38,385 2011$ | 1,713 2011$ | Sweden |
| 2010s | 39,450 2011$ | 43,310 2011$ | 3,860 2011$ | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher divergence of gdp per capita among latecomers to the capitalist revolution, Iceland or Sweden?
- Sweden, at 45,542 2011$ against 43,438 2011$ in Iceland as of 2018.
- What is the difference in divergence of gdp per capita among latecomers to the capitalist revolution between Iceland and Sweden?
- 2,104 2011$, with Sweden ahead.
- How many years of comparable data are there for Iceland and Sweden?
- 69 years are reported by both, from 1950 to 2018.
- How do Iceland and Sweden rank globally for divergence of gdp per capita among latecomers to the capitalist revolution?
- Iceland ranks 17th and Sweden ranks 15th of 145 countries.
- Where does this data come from?
- Maddison Project Database (2018) – processed by Our World in Data, published as Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]