Saudi Arabia vs Sweden: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Saudi Arabia
- Sweden
How they compare
Sweden currently reports 4.89 trillion constant LCU against 4.64 trillion constant LCU in Saudi Arabia, a difference of 243.51 billion constant LCU.
That makes Sweden's figure about 1.1 times Saudi Arabia's.
Across all 56 years both countries report, Sweden has been ahead every year.
Saudi Arabia ranks 55th and Sweden ranks 54th of 197 countries.
Sweden has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Saudi Arabia | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.22 trillion constant LCU | 1.72 trillion constant LCU | 504.21 billion constant LCU | Sweden |
| 1980s | 1.39 trillion constant LCU | 2.16 trillion constant LCU | 764.96 billion constant LCU | Sweden |
| 1990s | 1.59 trillion constant LCU | 2.55 trillion constant LCU | 953.01 billion constant LCU | Sweden |
| 2000s | 2.16 trillion constant LCU | 3.41 trillion constant LCU | 1.25 trillion constant LCU | Sweden |
| 2010s | 3.33 trillion constant LCU | 4.12 trillion constant LCU | 788.38 billion constant LCU | Sweden |
| 2020s | 4.21 trillion constant LCU | 4.72 trillion constant LCU | 519.52 billion constant LCU | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Saudi Arabia or Sweden?
- Sweden, at 4.89 trillion constant LCU against 4.64 trillion constant LCU in Saudi Arabia as of 2025.
- What is the difference in gross value added at basic prices (gva) between Saudi Arabia and Sweden?
- 243.51 billion constant LCU, with Sweden ahead.
- How many years of comparable data are there for Saudi Arabia and Sweden?
- 56 years are reported by both, from 1970 to 2025.
- How do Saudi Arabia and Sweden rank globally for gross value added at basic prices (gva)?
- Saudi Arabia ranks 55th and Sweden ranks 54th of 197 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.