Iceland vs Sweden: Share of household consumption in GDP vs. GDP per capita
Iceland
49.0%
in 2023
Sweden
44.8%
in 2023
Iceland rank
154th
Sweden rank
156th
Share of household consumption in GDP vs. GDP per capita over time
- Iceland
- Sweden
How they compare
Iceland currently reports 49.0% against 44.8% in Sweden, a difference of 4.2%.
That makes Iceland's figure about 1.1 times Sweden's.
The two have swapped places 7 times across 74 shared years of data; in 1950 it was Sweden ahead.
Iceland ranks 154th and Sweden ranks 156th of 184 countries.
Across the 8 decades both report, Iceland averaged higher in 6 and Sweden in 2.
Head to head by decade
| Decade | Iceland | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1950s | 53.5% | 62.5% | 9.1% | Sweden |
| 1960s | 51.2% | 56.8% | 5.5% | Sweden |
| 1970s | 51.8% | 51.3% | 0.5% | Iceland |
| 1980s | 53.8% | 50.3% | 3.5% | Iceland |
| 1990s | 54.7% | 49.5% | 5.1% | Iceland |
| 2000s | 58.7% | 48.4% | 10.3% | Iceland |
| 2010s | 54.1% | 48.9% | 5.2% | Iceland |
| 2020s | 51.6% | 45.0% | 6.6% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of household consumption in gdp vs. gdp per capita, Iceland or Sweden?
- Iceland, at 49.0% against 44.8% in Sweden as of 2023.
- What is the difference in share of household consumption in gdp vs. gdp per capita between Iceland and Sweden?
- 4.2%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Sweden?
- 74 years are reported by both, from 1950 to 2023.
- How do Iceland and Sweden rank globally for share of household consumption in gdp vs. gdp per capita?
- Iceland ranks 154th and Sweden ranks 156th of 184 countries.
- Where does this data come from?
- Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as Share of household consumption in GDP vs. GDP per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Household consumption divided by gross domestic product, expressed as a percentage.