Iceland vs Sweden: Expense, Transactions

Iceland
2.17 trillion
in 2025
Sweden
3.13 trillion
in 2025
Iceland rank
10th
Sweden rank
7th

Expense, Transactions over time

  • Iceland
  • Sweden
01.0T2.0T3.0T199920122025

How they compare

Sweden currently reports 3.13 trillion against 2.17 trillion in Iceland, a difference of 961.95 billion.

That makes Sweden's figure about 1.4 times Iceland's.

Across all 24 years both countries report, Sweden has been ahead every year.

Iceland ranks 10th and Sweden ranks 7th of 35 countries.

Sweden has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Sweden Difference Ahead
2000s 585.04 billion 1.55 trillion 963.52 billion Sweden
2010s 1.03 trillion 2.07 trillion 1.03 trillion Sweden
2020s 1.83 trillion 2.87 trillion 1.03 trillion Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, transactions, Iceland or Sweden?
Sweden, at 3.13 trillion against 2.17 trillion in Iceland as of 2025.
What is the difference in expense, transactions between Iceland and Sweden?
961.95 billion, with Sweden ahead.
How many years of comparable data are there for Iceland and Sweden?
24 years are reported by both, from 2002 to 2025.
How do Iceland and Sweden rank globally for expense, transactions?
Iceland ranks 10th and Sweden ranks 7th of 35 countries.
Where does this data come from?
International Monetary Fund, published as Expense, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Sweden: Expense, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 26 August 2026, from https://public-sector.statizoid.com/compare/expense-transactions-statement-of-operations-general-government/iceland/sweden/

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About this data

Indicator
Expense, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
35 places, 879 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.