Italy vs Sweden: External balance on goods and services as a percent of GDP
Italy
1.9%
in 2025
Sweden
2.1%
in 2025
Italy rank
64th
Sweden rank
63rd
External balance on goods and services as a percent of GDP over time
- Italy
- Sweden
How they compare
Sweden currently reports 2.1% against 1.9% in Italy, a difference of 0.2%.
That makes Sweden's figure about 1.1 times Italy's.
The two have swapped places 7 times across 56 shared years of data; in 1970 it was Italy ahead.
Italy ranks 64th and Sweden ranks 63rd of 191 countries.
Sweden has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Italy | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -0.1% | 0.4% | 0.5% | Sweden |
| 1980s | -0.4% | 1.3% | 1.7% | Sweden |
| 1990s | 2.3% | 3.9% | 1.6% | Sweden |
| 2000s | 0.1% | 5.7% | 5.6% | Sweden |
| 2010s | 1.7% | 3.3% | 1.6% | Sweden |
| 2020s | 1.5% | 2.9% | 1.3% | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services as a percent of gdp, Italy or Sweden?
- Sweden, at 2.1% against 1.9% in Italy as of 2025.
- What is the difference in external balance on goods and services as a percent of gdp between Italy and Sweden?
- 0.2%, with Sweden ahead.
- How many years of comparable data are there for Italy and Sweden?
- 56 years are reported by both, from 1970 to 2025.
- How do Italy and Sweden rank globally for external balance on goods and services as a percent of gdp?
- Italy ranks 64th and Sweden ranks 63rd of 191 countries.
- Where does this data come from?
- National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.