Comparisons / Comparison of Norway and Sweden

Comparison of Norway and Sweden [S]ave

Attribute
Sweden
×

Norway
×
Geography
Area (km²)450,295323,802
ContinentEuropeEurope
Land area (km²)410,335304,282
Water area (km²)39,96019,520
Land boundaries (km)2,2112,566
Border countries
  • Finland
  • Norway
  • Finland
  • Russia
  • Sweden
Coastline (km)3,21825,148
Mean elevation (m)320460
Lowest point (m)-20
Highest point (m)2,1112,469
People
Population10,202,4915,467,439
Official languages
  • Swedish
  • Bokmal Norwegian
  • Nynorsk Norwegian
ReligionChurch of SwedenChurch of Norway
Government
Long country nameKingdom of SwedenKingdom of Norway
Short country nameSwedenNorway
Long local nameKonungariket SverigeKongeriket Norge
Short local nameSverigeNorge
Government typeParliamentary constitutional monarchyParliamentary constitutional monarchy
CapitalStockholmOslo
Economy
GDP (PPP) (USD)518,000,000,000381,200,000,000
GDP (OER) (USD)535,600,000,000398,800,000,000
GDP (real growth rate) (%)2.11.9
GDP - per capita (PPP) (USD)51,20072,100
Gross national saving (% of GDP)28.934.3
Labor force5,361,0002,797,000
Unemployment rate (%)6.74.2
Population below poverty line (%)15-
Budget revenues (USD)271,200,000,000217,100,000,000
Budget expenditures (USD)264,400,000,000199,500,000,000
Military expenditures (% of GDP)1.041.8
Taxes and other revenues (% of GDP)50.654.4
Budget surplus or deficit (% of GDP)1.34.4
Public debt (% of GDP)40.836.5
Inflation rate (%)1.91.9
Central bank discount rate (%)-0.56.25
Commercial bank prime lending rate (%)1.932.89
Stock of narrow money (USD)329,200,000,000237,700,000,000
Stock of broad money (USD)329,200,000,000237,700,000,000
Stock of domestic credit (USD)929,100,000,000640,400,000,000
Market value of publicly traded shares (USD)560,500,000,000193,900,000,000
Current account balance (USD)17,790,000,00022,010,000,000
Exports (USD)165,600,000,000102,800,000,000
Imports (USD)153,200,000,00095,060,000,000
Reserves of foreign exchange and gold (USD)62,220,000,00065,920,000,000
External debt (USD)939,900,000,000642,300,000,000
National currencySwedish kronorNorwegian kroner
National currency (code)SEKNOK
National currency (symbol)krkr
National currency rate to USD8.4428.308



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