Comparisons / Comparison of Norway and Sweden

Comparison of Norway and Sweden [S]ave

Attribute
Norway
×

Sweden
×
Geography
Area (km²)323,802450,295
ContinentEuropeEurope
Land area (km²)304,282410,335
Water area (km²)19,52039,960
Land boundaries (km)2,5662,211
Border countries
  • Finland
  • Russia
  • Sweden
  • Finland
  • Norway
Coastline (km)25,1483,218
Mean elevation (m)460320
Lowest point (m)0-2
Highest point (m)2,4692,111
People
Population5,467,43910,202,491
Official languages
  • Bokmal Norwegian
  • Nynorsk Norwegian
  • Swedish
ReligionChurch of NorwayChurch of Sweden
Government
Long country nameKingdom of NorwayKingdom of Sweden
Short country nameNorwaySweden
Long local nameKongeriket NorgeKonungariket Sverige
Short local nameNorgeSverige
Government typeParliamentary constitutional monarchyParliamentary constitutional monarchy
CapitalOsloStockholm
Economy
GDP (PPP) (USD)381,200,000,000518,000,000,000
GDP (OER) (USD)398,800,000,000535,600,000,000
GDP (real growth rate) (%)1.92.1
GDP - per capita (PPP) (USD)72,10051,200
Gross national saving (% of GDP)34.328.9
Labor force2,797,0005,361,000
Unemployment rate (%)4.26.7
Population below poverty line (%)-15
Budget revenues (USD)217,100,000,000271,200,000,000
Budget expenditures (USD)199,500,000,000264,400,000,000
Military expenditures (% of GDP)1.81.04
Taxes and other revenues (% of GDP)54.450.6
Budget surplus or deficit (% of GDP)4.41.3
Public debt (% of GDP)36.540.8
Inflation rate (%)1.91.9
Central bank discount rate (%)6.25-0.5
Commercial bank prime lending rate (%)2.891.93
Stock of narrow money (USD)237,700,000,000329,200,000,000
Stock of broad money (USD)237,700,000,000329,200,000,000
Stock of domestic credit (USD)640,400,000,000929,100,000,000
Market value of publicly traded shares (USD)193,900,000,000560,500,000,000
Current account balance (USD)22,010,000,00017,790,000,000
Exports (USD)102,800,000,000165,600,000,000
Imports (USD)95,060,000,000153,200,000,000
Reserves of foreign exchange and gold (USD)65,920,000,00062,220,000,000
1External debt (USD)642,300,000,000939,900,000,000
National currencyNorwegian kronerSwedish kronor
National currency (code)NOKSEK
National currency (symbol)krkr
National currency rate to USD8.3088.442



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