Norway vs Sweden: GDP

Norway
5.52 trillion current LCU
in 2025
Sweden
6.57 trillion current LCU
in 2025
Norway rank
72nd
Sweden rank
69th

GDP over time

  • Norway
  • Sweden
02.0T4.0T6.0T196019922025

How they compare

Sweden currently reports 6.57 trillion current LCU against 5.52 trillion current LCU in Norway, a difference of 1.05 trillion current LCU.

That makes Sweden's figure about 1.2 times Norway's.

The two have swapped places 2 times across 66 shared years of data; in 1960 it was Sweden ahead.

Norway ranks 72nd and Sweden ranks 69th of 213 countries.

Sweden has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Norway Sweden Difference Ahead
1960s 56.28 billion current LCU 125.15 billion current LCU 68.87 billion current LCU Sweden
1970s 168.44 billion current LCU 334.86 billion current LCU 166.42 billion current LCU Sweden
1980s 517.76 billion current LCU 955.85 billion current LCU 438.09 billion current LCU Sweden
1990s 963.08 billion current LCU 1.86 trillion current LCU 897.68 billion current LCU Sweden
2000s 1.98 trillion current LCU 2.91 trillion current LCU 929.08 billion current LCU Sweden
2010s 3.23 trillion current LCU 4.17 trillion current LCU 941.51 billion current LCU Sweden
2020s 5.04 trillion current LCU 5.89 trillion current LCU 855.36 billion current LCU Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Norway or Sweden?
Sweden, at 6.57 trillion current LCU against 5.52 trillion current LCU in Norway as of 2025.
What is the difference in gdp between Norway and Sweden?
1.05 trillion current LCU, with Sweden ahead.
How many years of comparable data are there for Norway and Sweden?
66 years are reported by both, from 1960 to 2025.
How do Norway and Sweden rank globally for gdp?
Norway ranks 72nd and Sweden ranks 69th of 213 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 11,862 data points, 1960–2025
Last refreshed

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.