Italy vs Sweden: External balance on goods and services
Italy
1.9%
in 2025
Sweden
2.1%
in 2025
Italy rank
64th
Sweden rank
63rd
External balance on goods and services 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 193 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, 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 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?
- Italy ranks 64th and Sweden ranks 63rd of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.