How many years of comparable data are there for Iceland and Sweden?

56 years are reported by both, from 1970 to 2025.

Where does this data come from?

Statizoid (derived), published as General government final consumption expenditure (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Iceland vs Sweden: General government final consumption expenditure (current US$), per

Iceland

0.2606 current US$ per US$ of GDP

in 2025

Sweden

0.2643 current US$ per US$ of GDP

in 2025

Iceland rank

20th

Sweden rank

17th

General government final consumption expenditure (current US$), per over time

Iceland
Sweden

How they compare

Sweden currently reports 0.2643 current US$ per US$ of GDP against 0.2606 current US$ per US$ of GDP in Iceland, a difference of 0.0037 current US$ per US$ of GDP.

The two have swapped places 6 times across 56 shared years of data; in 1970 it was Sweden ahead.

Iceland ranks 20th and Sweden ranks 17th of 187 countries.

Across the 6 decades both report, Iceland averaged higher in 1 and Sweden in 5.

Head to head by decade

Decade	Iceland	Sweden	Difference	Ahead
1970s	0.1764 current US$ per US$ of GDP	0.2313 current US$ per US$ of GDP	0.0549 current US$ per US$ of GDP	Sweden
1980s	0.2042 current US$ per US$ of GDP	0.2582 current US$ per US$ of GDP	0.054 current US$ per US$ of GDP	Sweden
1990s	0.2294 current US$ per US$ of GDP	0.2593 current US$ per US$ of GDP	0.0299 current US$ per US$ of GDP	Sweden
2000s	0.2489 current US$ per US$ of GDP	0.2497 current US$ per US$ of GDP	0.0008 current US$ per US$ of GDP	Sweden
2010s	0.2458 current US$ per US$ of GDP	0.2597 current US$ per US$ of GDP	0.0138 current US$ per US$ of GDP	Sweden
2020s	0.2638 current US$ per US$ of GDP	0.263 current US$ per US$ of GDP	0.0008 current US$ per US$ of GDP	Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher general government final consumption expenditure (current us$), per, Iceland or Sweden?: Sweden, at 0.2643 current US$ per US$ of GDP against 0.2606 current US$ per US$ of GDP in Iceland as of 2025.
What is the difference in general government final consumption expenditure (current us$), per between Iceland and Sweden?: 0.0037 current US$ per US$ of GDP, with Sweden ahead.
How many years of comparable data are there for Iceland and Sweden?: 56 years are reported by both, from 1970 to 2025.
How do Iceland and Sweden rank globally for general government final consumption expenditure (current us$), per?: Iceland ranks 20th and Sweden ranks 17th of 187 countries.
Where does this data come from?: Statizoid (derived), published as General government final consumption expenditure (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Sweden: General government final consumption expenditure (current US$), per. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/general-government-final-consumption-expenditure-current-us-per-unit-of-gdp/iceland/sweden/

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About this data

Indicator: General government final consumption expenditure (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 230 places, 11,054 data points, 1960–2025
Last refreshed: 10 September 2026

General government final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.