Where does Sweden rank in world economy?
Economy of Sweden
|GDP rank||23rd (nominal, 2019) 40th (PPP, 2020)|
|GDP growth||2.0% (2018) 1.3% (2019) −4.7% (2020e) 3.5% (2021e)|
|GDP per capita||$57,660 (nominal, 2021 est.) $54,953 (PPP, 2021 est.)|
|GDP per capita rank||12th (nominal, 2019) 15th (PPP, 2019)|
Is Swedish a rich country?
Sweden is the world’s 16th wealthiest country. Its Gross Domestic Product (GDP) per capita is just below Germany’s in the OECD’s rankings. It’s a country of high-tech capitalism and extensive welfare benefits. The vast majority of enterprises are privately owned.
Who is bigger Spain or Sweden?
Spain is around the same size as Sweden.
Sweden is approximately 450,295 sq km, while Spain is approximately 505,370 sq km, making Spain 12% larger than Sweden. Meanwhile, the population of Sweden is ~10.2 million people (39.8 million more people live in Spain).
Which country is richer Spain or France?
8. However, France is a richer country than Spain — and not just in terms of per capita GDP (France’s €31,100 is 37% higher than Spain’s €22,700). More important, France is richer than Spain in terms of per capita capital stock (€116,000 versus €80,000).
How does Sweden rank in the world?
The Good Country Index (GCI) is a yearly study that examines and measures how nations contribute to the common good of humanity. Of the 149 countries included in the 2020 GCI, Sweden ranks 1st.
Does Sweden have a strong economy?
Sweden’s economy has been relatively stable over the last few decades and has, on the whole, grown steadily since 1970. Today inflation is low and the banking system relatively healthy.
Is Swedish a poor country?
Sweden, a Nordic country in Northern Europe known for its progressive politics, is home to a population of 10.3 million. … Although Sweden is a relatively wealthy country, 16.2% of its people are at risk of falling into poverty.
Is Sweden considered a poor country?
Sweden enjoys a relatively low income inequality and a high standard of living. Unemployment as of 2017 was estimated to be 6.6% by the CIA World Fact Book, lower than in other European Union countries. … However, Swedes pay very high taxes, some 52.1% of GDP (2014 est.)
Is Sweden richer than UK?
The United Kingdom with a GDP of $2.9T ranked the 5th largest economy in the world, while Sweden ranked 23rd with $556.1B. By GDP 5-years average growth and GDP per capita, the United Kingdom and Sweden ranked 126th vs 98th and 23rd vs 14th, respectively.
Is Sweden richer than Spain?
Spain has a GDP per capita of $38,400 as of 2017, while in Sweden, the GDP per capita is $51,200 as of 2017.
Is Sweden bigger than Germany?
Sweden is about 1.3 times bigger than Germany.
Germany is approximately 357,022 sq km, while Sweden is approximately 450,295 sq km, making Sweden 26% larger than Germany. Meanwhile, the population of Germany is ~80.2 million people (70.0 million fewer people live in Sweden).