Norway vs Sweden: Gross value added at basic prices (GVA)

Norway

5.03 trillion current LCU

in 2025

Sweden

5.88 trillion current LCU

in 2025

Norway rank

69th

Sweden rank

66th

Gross value added at basic prices (GVA) over time

Norway
Sweden

How they compare

Sweden currently reports 5.88 trillion current LCU against 5.03 trillion current LCU in Norway, a difference of 855.20 billion current LCU.

That makes Sweden's figure about 1.2 times Norway's.

The two have swapped places 2 times across 56 shared years of data; in 1970 it was Sweden ahead.

Globally, Norway ranks 69th and Sweden ranks 66th of 206 countries.

Individual pages

About this data

Indicator: Gross value added at basic prices (GVA) (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 206 places, 9,147 data points, 1960–2025
Last refreshed: 06 August 2026

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.