Norway vs Sweden: GDP
Norway
5.20 trillion current LCU
in 2024
Sweden
6.45 trillion current LCU
in 2024
Norway rank
69th
Sweden rank
66th
GDP over time
- Norway
- Sweden
How they compare
Sweden currently reports 6.45 trillion current LCU against 5.20 trillion current LCU in Norway, a difference of 1.25 trillion current LCU.
That makes Sweden's figure about 1.2 times Norway's.
Across all 55 years both countries report, Sweden has been ahead every year.
Norway ranks 69th and Sweden ranks 66th of 208 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 | 169.10 billion current LCU | 334.86 billion current LCU | 165.76 billion current LCU | Sweden |
| 1980s | 519.57 billion current LCU | 955.86 billion current LCU | 436.30 billion current LCU | Sweden |
| 1990s | 969.50 billion current LCU | 1.86 trillion current LCU | 891.28 billion current LCU | Sweden |
| 2000s | 1.97 trillion current LCU | 2.91 trillion current LCU | 942.12 billion current LCU | Sweden |
| 2010s | 3.14 trillion current LCU | 4.18 trillion current LCU | 1.04 trillion current LCU | Sweden |
| 2020s | 4.76 trillion current LCU | 5.80 trillion current LCU | 1.04 trillion current LCU | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, Norway or Sweden?
- Sweden, at 6.45 trillion current LCU against 5.20 trillion current LCU in Norway as of 2024.
- What is the difference in gdp between Norway and Sweden?
- 1.25 trillion current LCU, with Sweden ahead.
- How many years of comparable data are there for Norway and Sweden?
- 55 years are reported by both, from 1970 to 2024.
- How do Norway and Sweden rank globally for gdp?
- Norway ranks 69th and Sweden ranks 66th of 208 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as GDP (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
February 2026 Data Release