Norway vs Sweden: Expense
Norway
1.83 trillion current LCU
in 2023
Sweden
1.89 trillion current LCU
in 2022
Norway rank
48th
Sweden rank
47th
Expense over time
- Norway
- Sweden
How they compare
Sweden currently reports 1.89 trillion current LCU against 1.83 trillion current LCU in Norway, a difference of 59.48 billion current LCU.
Across all 51 years both countries report, Sweden has been ahead every year.
Norway ranks 48th and Sweden ranks 47th of 157 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 | 58.06 billion current LCU | 103.18 billion current LCU | 45.12 billion current LCU | Sweden |
| 1980s | 176.45 billion current LCU | 347.32 billion current LCU | 170.87 billion current LCU | Sweden |
| 1990s | 359.12 billion current LCU | 729.72 billion current LCU | 370.61 billion current LCU | Sweden |
| 2000s | 661.58 billion current LCU | 958.32 billion current LCU | 296.74 billion current LCU | Sweden |
| 2010s | 1.15 trillion current LCU | 1.36 trillion current LCU | 207.86 billion current LCU | Sweden |
| 2020s | 1.61 trillion current LCU | 1.81 trillion current LCU | 203.63 billion current LCU | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Norway or Sweden?
- Sweden, at 1.89 trillion current LCU against 1.83 trillion current LCU in Norway as of 2022.
- What is the difference in expense between Norway and Sweden?
- 59.48 billion current LCU, with Sweden ahead.
- How many years of comparable data are there for Norway and Sweden?
- 51 years are reported by both, from 1972 to 2022.
- How do Norway and Sweden rank globally for expense?
- Norway ranks 48th and Sweden ranks 47th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Expense is a decrease in net worth resulting from a transaction. 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.