Prosperity gap in Sweden

Sweden: Prosperity gap was 1.1 average shortfall from a prosperity standard of $28/day in 2023. ▼ Falling

Latest (2023)
1.1 average shortfall from a prosperity standard of $28/day
Change on year
down 21.4%
World rank
97th
of 121 countries
All-time high
1.6 average shortfall from a prosperity standard of $28/day
in 2005
All-time low
0.7 average shortfall from a prosperity standard of $28/day
in 2017
Years of data
29
1975–2023

Prosperity gap in Sweden, 1975–2023

00.511.51975199920231975: 1.4 average shortfall from a prosperity standard of $28/day1981: 1.3 average shortfall from a prosperity standard of $28/day1987: 1 average shortfall from a prosperity standard of $28/day1992: 0.9 average shortfall from a prosperity standard of $28/day1995: 1 average shortfall from a prosperity standard of $28/day2000: 0.8 average shortfall from a prosperity standard of $28/day2001: 0.9 average shortfall from a prosperity standard of $28/day2002: 0.8 average shortfall from a prosperity standard of $28/day2003: 1 average shortfall from a prosperity standard of $28/day2004: 1.1 average shortfall from a prosperity standard of $28/day2005: 1.6 average shortfall from a prosperity standard of $28/day2006: 1 average shortfall from a prosperity standard of $28/day2007: 1 average shortfall from a prosperity standard of $28/day2008: 1.2 average shortfall from a prosperity standard of $28/day2009: 1 average shortfall from a prosperity standard of $28/day2010: 1.1 average shortfall from a prosperity standard of $28/day2011: 1.1 average shortfall from a prosperity standard of $28/day2012: 1 average shortfall from a prosperity standard of $28/day2013: 1.1 average shortfall from a prosperity standard of $28/day2014: 0.9 average shortfall from a prosperity standard of $28/day2015: 0.9 average shortfall from a prosperity standard of $28/day2016: 0.9 average shortfall from a prosperity standard of $28/day2017: 0.7 average shortfall from a prosperity standard of $28/day2018: 1.2 average shortfall from a prosperity standard of $28/day2019: 0.8 average shortfall from a prosperity standard of $28/day2020: 0.9 average shortfall from a prosperity standard of $28/day2021: 1.1 average shortfall from a prosperity standard of $28/day2022: 1.4 average shortfall from a prosperity standard of $28/day2023: 1.1 average shortfall from a prosperity standard of $28/day

Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.

Analysis

Sweden recorded 1.1 average shortfall from a prosperity standard of $28/day for prosperity gap in 2023.

The figure is down 21.4% on the previous year and unchanged over ten years.

Over the whole period, prosperity gap in Sweden peaked at 1.6 average shortfall from a prosperity standard of $28/day in 2005 and was at its lowest, 0.7 average shortfall from a prosperity standard of $28/day, in 2017.

Sweden ranks 97th of 121 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 29 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.4 average shortfall from a prosperity standard of $28/day 1.4 average shortfall from a prosperity standard of $28/day 1.4 average shortfall from a prosperity standard of $28/day 1
1980s 1.15 average shortfall from a prosperity standard of $28/day 1 average shortfall from a prosperity standard of $28/day 1.3 average shortfall from a prosperity standard of $28/day 2
1990s 0.95 average shortfall from a prosperity standard of $28/day 0.9 average shortfall from a prosperity standard of $28/day 1 average shortfall from a prosperity standard of $28/day 2
2000s 1.04 average shortfall from a prosperity standard of $28/day 0.8 average shortfall from a prosperity standard of $28/day 1.6 average shortfall from a prosperity standard of $28/day 10
2010s 0.97 average shortfall from a prosperity standard of $28/day 0.7 average shortfall from a prosperity standard of $28/day 1.2 average shortfall from a prosperity standard of $28/day 10
2020s 1.12 average shortfall from a prosperity standard of $28/day 0.9 average shortfall from a prosperity standard of $28/day 1.4 average shortfall from a prosperity standard of $28/day 4

Countries ranked near Sweden

  1. 97 Croatia 1.1 average shortfall from a prosperity standard of $28/day compare
  2. 97 Germany 1.1 average shortfall from a prosperity standard of $28/day compare
  3. 97 Portugal 1.1 average shortfall from a prosperity standard of $28/day compare

See the full ranking of 136 places →

More poverty & inequality data for Sweden

All data for Sweden →

Frequently asked questions

What is prosperity gap in Sweden?
Prosperity gap in Sweden was 1.1 average shortfall from a prosperity standard of $28/day in 2023, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
What is the highest prosperity gap recorded in Sweden?
The highest recorded value was 1.6 average shortfall from a prosperity standard of $28/day in 2005.
What is the lowest prosperity gap recorded in Sweden?
The lowest recorded value was 0.7 average shortfall from a prosperity standard of $28/day in 2017.
How does Sweden rank for prosperity gap?
Sweden ranks 97th out of 121 countries with data for 2023.
Is prosperity gap rising or falling in Sweden?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Sweden data come from?
The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.

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About this data

Indicator
Prosperity gap (average shortfall from a prosperity standard of $28/day)
Unit
average shortfall from a prosperity standard of $28/day
Source
World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
136 places, 2,849 data points, 1963–2025
Last refreshed

The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.