Norway vs Sweden: Gross domestic product (GDP)

Norway
482.33 billion international-$ in 2011 prices
in 2022
Sweden
494.21 billion international-$ in 2011 prices
in 2022
Norway rank
42nd
Sweden rank
40th

Gross domestic product (GDP) over time

  • Norway
  • Sweden
0100.0B200.0B300.0B400.0B500.0B150017612022

How they compare

Sweden currently reports 494.21 billion international-$ in 2011 prices against 482.33 billion international-$ in 2011 prices in Norway, a difference of 11.89 billion international-$ in 2011 prices.

The two have swapped places 2 times across 194 shared years of data; in 1820 it was Sweden ahead.

Norway ranks 42nd and Sweden ranks 40th of 165 countries.

Across the 21 decades both report, Norway averaged higher in 1 and Sweden in 20.

Head to head by decade

Decade Norway Sweden Difference Ahead
1820s 1.34 billion international-$ in 2011 prices 3.64 billion international-$ in 2011 prices 2.30 billion international-$ in 2011 prices Sweden
1830s 1.73 billion international-$ in 2011 prices 4.53 billion international-$ in 2011 prices 2.80 billion international-$ in 2011 prices Sweden
1840s 2.08 billion international-$ in 2011 prices 5.15 billion international-$ in 2011 prices 3.07 billion international-$ in 2011 prices Sweden
1850s 2.63 billion international-$ in 2011 prices 6.32 billion international-$ in 2011 prices 3.70 billion international-$ in 2011 prices Sweden
1860s 3.31 billion international-$ in 2011 prices 7.65 billion international-$ in 2011 prices 4.33 billion international-$ in 2011 prices Sweden
1870s 4.27 billion international-$ in 2011 prices 10.04 billion international-$ in 2011 prices 5.76 billion international-$ in 2011 prices Sweden
1880s 4.99 billion international-$ in 2011 prices 11.53 billion international-$ in 2011 prices 6.54 billion international-$ in 2011 prices Sweden
1890s 6.25 billion international-$ in 2011 prices 14.34 billion international-$ in 2011 prices 8.09 billion international-$ in 2011 prices Sweden
1900s 7.82 billion international-$ in 2011 prices 19.33 billion international-$ in 2011 prices 11.51 billion international-$ in 2011 prices Sweden
1910s 10.63 billion international-$ in 2011 prices 25.82 billion international-$ in 2011 prices 15.19 billion international-$ in 2011 prices Sweden
1920s 13.25 billion international-$ in 2011 prices 32.76 billion international-$ in 2011 prices 19.51 billion international-$ in 2011 prices Sweden
1930s 17.62 billion international-$ in 2011 prices 44.41 billion international-$ in 2011 prices 26.79 billion international-$ in 2011 prices Sweden
1940s 21.25 billion international-$ in 2011 prices 56.76 billion international-$ in 2011 prices 35.52 billion international-$ in 2011 prices Sweden
1950s 33.90 billion international-$ in 2011 prices 86.72 billion international-$ in 2011 prices 52.82 billion international-$ in 2011 prices Sweden
1960s 50.62 billion international-$ in 2011 prices 128.49 billion international-$ in 2011 prices 77.87 billion international-$ in 2011 prices Sweden
1970s 77.25 billion international-$ in 2011 prices 179.02 billion international-$ in 2011 prices 101.76 billion international-$ in 2011 prices Sweden
1980s 110.66 billion international-$ in 2011 prices 214.17 billion international-$ in 2011 prices 103.52 billion international-$ in 2011 prices Sweden
1990s 172.59 billion international-$ in 2011 prices 252.52 billion international-$ in 2011 prices 79.92 billion international-$ in 2011 prices Sweden
2000s 307.60 billion international-$ in 2011 prices 347.42 billion international-$ in 2011 prices 39.82 billion international-$ in 2011 prices Sweden
2010s 424.95 billion international-$ in 2011 prices 424.44 billion international-$ in 2011 prices 514.10 million international-$ in 2011 prices Norway
2020s 466.27 billion international-$ in 2011 prices 477.53 billion international-$ in 2011 prices 11.26 billion international-$ in 2011 prices Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), Norway or Sweden?
Sweden, at 494.21 billion international-$ in 2011 prices against 482.33 billion international-$ in 2011 prices in Norway as of 2022.
What is the difference in gross domestic product (gdp) between Norway and Sweden?
11.89 billion international-$ in 2011 prices, with Sweden ahead.
How many years of comparable data are there for Norway and Sweden?
194 years are reported by both, from 1820 to 2022.
How do Norway and Sweden rank globally for gross domestic product (gdp)?
Norway ranks 42nd and Sweden ranks 40th of 165 countries.
Where does this data come from?
Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as Gross domestic product (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2011 prices
Source
Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 15,675 data points, 1000–2022
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.