Norway vs Sweden: Gross capital formation (constant LCU), per unit of GDP

Norway
1.9 constant LCU per US$ of GDP
in 2025
Sweden
2.04 constant LCU per US$ of GDP
in 2025
Norway rank
84th
Sweden rank
81st

Gross capital formation (constant LCU), per unit of GDP over time

  • Norway
  • Sweden
0102030197019972025

How they compare

Sweden currently reports 2.04 constant LCU per US$ of GDP against 1.9 constant LCU per US$ of GDP in Norway, a difference of 0.14 constant LCU per US$ of GDP.

That makes Sweden's figure about 1.1 times Norway's.

The two have swapped places 1 time across 56 shared years of data; in 1970 it was Norway ahead.

Norway ranks 84th and Sweden ranks 81st of 170 countries.

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

Head to head by decade

Decade Norway Sweden Difference Ahead
1970s 17.75 constant LCU per US$ of GDP 7.93 constant LCU per US$ of GDP 9.82 constant LCU per US$ of GDP Norway
1980s 7.48 constant LCU per US$ of GDP 3.88 constant LCU per US$ of GDP 3.6 constant LCU per US$ of GDP Norway
1990s 4.17 constant LCU per US$ of GDP 2.36 constant LCU per US$ of GDP 1.81 constant LCU per US$ of GDP Norway
2000s 2.98 constant LCU per US$ of GDP 2.33 constant LCU per US$ of GDP 0.6477 constant LCU per US$ of GDP Norway
2010s 2.24 constant LCU per US$ of GDP 2.03 constant LCU per US$ of GDP 0.2184 constant LCU per US$ of GDP Norway
2020s 2.1 constant LCU per US$ of GDP 2.21 constant LCU per US$ of GDP 0.1169 constant LCU per US$ of GDP Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (constant lcu), per unit of gdp, Norway or Sweden?
Sweden, at 2.04 constant LCU per US$ of GDP against 1.9 constant LCU per US$ of GDP in Norway as of 2025.
What is the difference in gross capital formation (constant lcu), per unit of gdp between Norway and Sweden?
0.14 constant LCU per US$ of GDP, with Sweden ahead.
How many years of comparable data are there for Norway and Sweden?
56 years are reported by both, from 1970 to 2025.
How do Norway and Sweden rank globally for gross capital formation (constant lcu), per unit of gdp?
Norway ranks 84th and Sweden ranks 81st of 170 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (constant LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Sweden: Gross capital formation (constant LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-constant-lcu-per-unit-of-gdp/norway/sweden/

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About this data

Indicator
Gross capital formation (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 7,061 data points, 1960–2025
Last refreshed

Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.