Iceland vs Sweden: Gross national expenditure
Gross national expenditure over time
- Iceland
- Sweden
How they compare
Sweden currently reports 6.43 trillion current LCU against 5.07 trillion current LCU in Iceland, a difference of 1.36 trillion current LCU.
That makes Sweden's figure about 1.3 times Iceland's.
Across all 56 years both countries report, Sweden has been ahead every year.
Iceland ranks 67th and Sweden ranks 65th of 185 countries.
Sweden has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.24 billion current LCU | 341.46 billion current LCU | 338.22 billion current LCU | Sweden |
| 1980s | 137.42 billion current LCU | 956.46 billion current LCU | 819.04 billion current LCU | Sweden |
| 1990s | 494.44 billion current LCU | 1.79 trillion current LCU | 1.30 trillion current LCU | Sweden |
| 2000s | 1.17 trillion current LCU | 2.75 trillion current LCU | 1.57 trillion current LCU | Sweden |
| 2010s | 2.15 trillion current LCU | 4.04 trillion current LCU | 1.89 trillion current LCU | Sweden |
| 2020s | 4.06 trillion current LCU | 5.72 trillion current LCU | 1.67 trillion current LCU | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, Iceland or Sweden?
- Sweden, at 6.43 trillion current LCU against 5.07 trillion current LCU in Iceland as of 2025.
- What is the difference in gross national expenditure between Iceland and Sweden?
- 1.36 trillion current LCU, 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 gross national expenditure?
- Iceland ranks 67th and Sweden ranks 65th of 185 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.