Norway vs Sweden: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Norway
- Sweden
How they compare
Sweden currently reports 5.88 trillion current LCU against 5.03 trillion current LCU in Norway, a difference of 855.20 billion current LCU.
That makes Sweden's figure about 1.2 times Norway's.
The two have swapped places 2 times across 56 shared years of data; in 1970 it was Sweden ahead.
Norway ranks 69th and Sweden ranks 66th of 206 countries.
Sweden has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Norway | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 147.89 billion current LCU | 295.83 billion current LCU | 147.94 billion current LCU | Sweden |
| 1980s | 455.76 billion current LCU | 857.41 billion current LCU | 401.65 billion current LCU | Sweden |
| 1990s | 840.08 billion current LCU | 1.63 trillion current LCU | 792.71 billion current LCU | Sweden |
| 2000s | 1.77 trillion current LCU | 2.58 trillion current LCU | 814.78 billion current LCU | Sweden |
| 2010s | 2.89 trillion current LCU | 3.70 trillion current LCU | 804.69 billion current LCU | Sweden |
| 2020s | 4.59 trillion current LCU | 5.25 trillion current LCU | 659.32 billion current LCU | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Norway or Sweden?
- Sweden, at 5.88 trillion current LCU against 5.03 trillion current LCU in Norway as of 2025.
- What is the difference in gross value added at basic prices (gva) between Norway and Sweden?
- 855.20 billion current LCU, 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 value added at basic prices (gva)?
- Norway ranks 69th and Sweden ranks 66th of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.