Iceland vs Sweden: Economic Outlook No 115 — Private final consumption expenditure
Economic Outlook No 115 — Private final consumption expenditure over time
- Iceland
- Sweden
How they compare
Sweden currently reports 2.94 trillion against 2.43 trillion in Iceland, a difference of 517.46 billion.
That makes Sweden's figure about 1.2 times Iceland's.
Across all 66 years both countries report, Sweden has been ahead every year.
Iceland ranks 15th and Sweden ranks 14th of 37 countries.
Sweden has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Iceland | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 127.37 million | 66.72 billion | 66.59 billion | Sweden |
| 1970s | 1.73 billion | 167.91 billion | 166.18 billion | Sweden |
| 1980s | 80.16 billion | 466.72 billion | 386.56 billion | Sweden |
| 1990s | 278.37 billion | 902.82 billion | 624.44 billion | Sweden |
| 2000s | 610.61 billion | 1.35 trillion | 742.40 billion | Sweden |
| 2010s | 1.15 trillion | 1.94 trillion | 785.76 billion | Sweden |
| 2020s | 2.00 trillion | 2.62 trillion | 614.75 billion | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 115 — private final consumption expenditure, Iceland or Sweden?
- Sweden, at 2.94 trillion against 2.43 trillion in Iceland as of 2025.
- What is the difference in economic outlook no 115 — private final consumption expenditure between Iceland and Sweden?
- 517.46 billion, with Sweden ahead.
- How many years of comparable data are there for Iceland and Sweden?
- 66 years are reported by both, from 1960 to 2025.
- How do Iceland and Sweden rank globally for economic outlook no 115 — private final consumption expenditure?
- Iceland ranks 15th and Sweden ranks 14th of 37 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 115 — Private final consumption expenditure, nominal value, GDP expenditure approach. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP