Norway vs Sweden: Taxes less subsidies on products (current LCU), per unit of GDP

Norway
0.9203 current LCU per US$ of GDP
in 2025
Sweden
1.02 current LCU per US$ of GDP
in 2025
Norway rank
95th
Sweden rank
93rd

Taxes less subsidies on products (current LCU), per unit of GDP over time

  • Norway
  • Sweden
0.40.60.811.2197019972025

How they compare

Sweden currently reports 1.02 current LCU per US$ of GDP against 0.9203 current LCU per US$ of GDP in Norway, a difference of 0.0997 current LCU per US$ of GDP.

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

The two have swapped places 5 times across 56 shared years of data; in 1970 it was Norway ahead.

Norway ranks 95th and Sweden ranks 93rd of 197 countries.

Across the 6 decades both report, Norway averaged higher in 2 and Sweden in 4.

Head to head by decade

Decade Norway Sweden Difference Ahead
1970s 0.7319 current LCU per US$ of GDP 0.409 current LCU per US$ of GDP 0.3229 current LCU per US$ of GDP Norway
1980s 0.8153 current LCU per US$ of GDP 0.6856 current LCU per US$ of GDP 0.1297 current LCU per US$ of GDP Norway
1990s 0.866 current LCU per US$ of GDP 0.8726 current LCU per US$ of GDP 0.0067 current LCU per US$ of GDP Sweden
2000s 0.782 current LCU per US$ of GDP 0.9127 current LCU per US$ of GDP 0.1307 current LCU per US$ of GDP Sweden
2010s 0.7543 current LCU per US$ of GDP 0.8876 current LCU per US$ of GDP 0.1333 current LCU per US$ of GDP Sweden
2020s 0.8896 current LCU per US$ of GDP 1.07 current LCU per US$ of GDP 0.1809 current LCU per US$ of GDP Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current lcu), per unit of gdp, Norway or Sweden?
Sweden, at 1.02 current LCU per US$ of GDP against 0.9203 current LCU per US$ of GDP in Norway as of 2025.
What is the difference in taxes less subsidies on products (current lcu), per unit of gdp between Norway and Sweden?
0.0997 current 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 taxes less subsidies on products (current lcu), per unit of gdp?
Norway ranks 95th and Sweden ranks 93rd of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current 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: Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu-per-unit-of-gdp/norway/sweden/

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About this data

Indicator
Taxes less subsidies on products (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,406 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (current 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.