Iceland vs Sweden: Use of goods and services, Transactions
Use of goods and services, Transactions over time
- Iceland
- Sweden
How they compare
Iceland currently reports 570.08 billion against 553.93 billion in Sweden, a difference of 16.15 billion.
The two have swapped places 1 time across 24 shared years of data; in 2002 it was Sweden ahead.
Iceland ranks 6th 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 | 134.44 billion | 249.97 billion | 115.53 billion | Sweden |
| 2010s | 249.86 billion | 354.76 billion | 104.90 billion | Sweden |
| 2020s | 457.65 billion | 493.60 billion | 35.95 billion | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher use of goods and services, transactions, Iceland or Sweden?
- Iceland, at 570.08 billion against 553.93 billion in Sweden as of 2025.
- What is the difference in use of goods and services, transactions between Iceland and Sweden?
- 16.15 billion, with Iceland 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 use of goods and services, transactions?
- Iceland ranks 6th and Sweden ranks 7th of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Use of goods and services, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.