Norway vs Sweden: Final consumption expenditure
Final consumption expenditure over time
- Norway
- Sweden
How they compare
Sweden currently reports 4.76 trillion current LCU against 3.59 trillion current LCU in Norway, a difference of 1.17 trillion current LCU.
That makes Sweden's figure about 1.3 times Norway's.
Across all 56 years both countries report, Sweden has been ahead every year.
Globally, Norway ranks 71st and Sweden ranks 68th of 187 countries.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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.