Country vs country: Economy Stats: compare key data on Denmark & Sweden and Economy Stats: compare key data on Denmark & Sweden compared Economy

STAT Denmark Sweden HISTORY
Budget > Revenues $174.10 billion
Ranked 22nd.
$269.60 billion
Ranked 17th. 55% more than Denmark

Budget surplus > + or deficit > - -4.1% of GDP
Ranked 122nd. 6 times more than Sweden
-0.7% of GDP
Ranked 47th.

Debt > Government debt > Public debt, share of GDP 45.3 CIA
Ranked 76th. 17% more than Sweden
38.6 CIA
Ranked 94th.
Overview This thoroughly modern market economy features a high-tech agricultural sector, state-of-the-art industry with world-leading firms in pharmaceuticals, maritime shipping and renewable energy, and a high dependence on foreign trade. Denmark is a member of the European Union (EU); Danish legislation and regulations conform to EU standards on almost all issues. Danes enjoy a high standard of living and the Danish economy is characterized by extensive government welfare measures and an equitable distribution of income. Denmark is a net exporter of food and energy and enjoys a comfortable balance of payments surplus but depends on imports of raw materials for the manufacturing sector. Within the EU, Denmark is among the strongest supporters of trade liberalization. After a long consumption-driven upswing, Denmark's economy began slowing in 2007 with the end of a housing boom. Housing prices dropped markedly in 2008-09 and, following a short respite in 2010, has since continued to decline. The global financial crisis has exacerbated this cyclical slowdown through increased borrowing costs and lower export demand, consumer confidence, and investment. The global financial crisis cut Danish real GDP in 2008-09. Denmark made a modest recovery in 2010 with real GDP growth of 1.3%, in part because of increased government spending; however, the country experienced a technical recession in late 2010-early 2011. Historically low levels of unemployment rose sharply with the recession and have remained at about 6% in 2010-12, based on the national measure, about two-thirds average EU unemployment. An impending decline in the ratio of workers to retirees will be a major long-term issue. Denmark maintained a healthy budget surplus for many years up to 2008, but the budget balance swung into deficit in 2009. In spite of the deficits, the new coalition government delivered a modest stimulus to the economy in 2012. Nonetheless, Denmark's fiscal position remains among the strongest in the EU with public debt at about 45% of GDP in 2012. Despite previously meeting the criteria to join the European Economic and Monetary Union (EMU), so far Denmark has decided not to join, although the Danish krone remains pegged to the euro. Aided by peace and neutrality for the whole of the 20th century, Sweden has achieved an enviable standard of living under a mixed system of high-tech capitalism and extensive welfare benefits. It has a modern distribution system, excellent internal and external communications, and a highly skilled labor force. In September 2003, Swedish voters turned down entry into the euro system concerned about the impact on the economy and sovereignty. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Privately owned firms account for vast majority of industrial output, of which the engineering sector accounts for about 50% of output and exports. Agriculture accounts for little more than 1% of GDP and of employment. Until 2008, Sweden was in the midst of a sustained economic upswing, boosted by increased domestic demand and strong exports. This and robust finances offered the center-right government considerable scope to implement its reform program aimed at increasing employment, reducing welfare dependence, and streamlining the state's role in the economy. Despite strong finances and underlying fundamentals, the Swedish economy slid into recession in the third quarter of 2008 and the contraction continued in 2009 as deteriorating global conditions reduced export demand and consumption. Strong exports of commodities and a return to profitability by Sweden's banking sector drove the strong rebound in 2010, which continued in 2011, but growth slipped to 1.2% in 2012. The government proposed stimulus measures in 2012 to curb the effects of a global economic slowdown and boost employment and growth.
Exports $104.90 billion
Ranked 36th.
$184.80 billion
Ranked 28th. 76% more than Denmark

GDP $314.24 billion
Ranked 32nd.
$525.74 billion
Ranked 22nd. 67% more than Denmark

GDP > Composition, by sector of origin > Services 77.1%
Ranked 21st. 17% more than Sweden
66%
Ranked 71st.
GDP > Per capita $37,179.14 per capita
Ranked 17th.
$37,481.64 per capita
Ranked 16th. 1% more than Denmark

GDP > Per capita > PPP $37,300.00
Ranked 20th.
$40,300.00
Ranked 14th. 8% more than Denmark

GDP > Purchasing power parity per capita $36,303.44
Ranked 18th.
$37,747.41
Ranked 15th. 4% more than Denmark

GDP per capita $56,210.23
Ranked 6th. 2% more than Sweden
$55,244.65
Ranked 7th.

Gross National Income $164.00 billion
Ranked 24th.
$226.00 billion
Ranked 19th. 38% more than Denmark
Inflation rate > Consumer prices 2.4%
Ranked 151st. 3 times more than Sweden
0.9%
Ranked 189th.

Public debt 45.6% of GDP
Ranked 73th. 19% more than Sweden
38.2% of GDP
Ranked 90th.

Unemployment rate 6%
Ranked 75th.
8%
Ranked 49th. 33% more than Denmark

Exports per capita $18,764.05
Ranked 14th.
$19,418.67
Ranked 13th. 3% more than Denmark

Distribution of family income > Gini index 24.8
Ranked 14th. 8% more than Sweden
23
Ranked 26th.

Human Development Index 0.941
Ranked 13th.
0.949
Ranked 4th. 1% more than Denmark
Tourist arrivals > Per capita 821.01 per 1,000 people
Ranked 35th. 2 times more than Sweden
380.24 per 1,000 people
Ranked 80th.

GDP > Purchasing power parity $208.30 billion
Ranked 54th.
$385.10 billion
Ranked 34th. 85% more than Denmark

Currency > PPP conversion factor to official exchange rate ratio 1.41
Ranked 3rd. 16% more than Sweden
1.22
Ranked 7th.

Fiscal year calendar year calendar year
GDP > Composition by sector > Industry 22.1%
Ranked 141st.
27.3%
Ranked 102nd. 24% more than Denmark

Currency > Official exchange rate > LCU per US$, period average $5.79
Ranked 107th.
$6.78
Ranked 99th. 17% more than Denmark

Inequality > GINI index 24.7
Ranked 24th.
25
Ranked 41st. 1% more than Denmark
Imports per capita $17,309.79
Ranked 11th. 1% more than Sweden
$17,159.46
Ranked 12th.

Gross National Income per capita $30,603.96
Ranked 6th. 20% more than Sweden
$25,404.79
Ranked 8th.
Tax > Highest marginal tax rate > Individual rate 62.28%
Ranked 1st. 10% more than Sweden
56.74%
Ranked 2nd.

GDP per capita in 1950 $6,683.00
Ranked 8th.
$6,738.00
Ranked 7th. 1% more than Denmark
Technology index 5.34
Ranked 6th.
5.8
Ranked 4th. 9% more than Denmark
Development > Human Development Index 0.901
Ranked 15th.
0.916
Ranked 7th. 2% more than Denmark

Big Mac Index $4.49
Ranked 4th. 5% more than Sweden
$4.28
Ranked 5th.
GDP > Per capita > PPP per thousand people $6.67
Ranked 48th. 58% more than Sweden
$4.23
Ranked 60th.

Exports > Commodities machinery and instruments, meat and meat products, dairy products, fish, pharmaceuticals, furniture, windmills machinery 35%, motor vehicles, paper products, pulp and wood, iron and steel products, chemicals
Poverty and inequality > Richest quintile to poorest quintile ratio 4.3
Ranked 17th. 8% more than Sweden
4
Ranked 19th.
Imports $96.77 billion
Ranked 33th.
$163.30 billion
Ranked 28th. 69% more than Denmark

Budget > Expenditures $187.00 billion
Ranked 24th.
$273.30 billion
Ranked 15th. 46% more than Denmark

GINI index 24.7
Ranked 15th.
25
Ranked 40th. 1% more than Denmark
Reserves of foreign exchange and gold per capita $5,587.36
Ranked 8th. 2 times more than Sweden
$2,451.41
Ranked 27th.

Debt > Net foreign assets > Current LCU 429.9 billion
Ranked 59th.
1.43 trillion
Ranked 40th. 3 times more than Denmark

Tourist arrivals 4.5 million
Ranked 40th. 31% more than Sweden
3.43 million
Ranked 49th.

Budget > Revenues > Per capita $31,199.02 per capita
Ranked 5th. 13% more than Sweden
$27,582.50 per capita
Ranked 7th.

Inbound tourism income > Current US$ $6.69 billion
Ranked 38th.
$14.40 billion
Ranked 20th. 2 times more than Denmark

Tax > Tax rates 40.28
Ranked 11th. 17% more than Sweden
34.47
Ranked 30th.

GDP per person 55,992.24
Ranked 5th. 28% more than Sweden
43,653.69
Ranked 14th.

Exports > Main exports Machinery and equipment, foodstuffs, chemicals Machinery and transport equipment, paper products, chemicals
Budget > Revenues per capita $28,894.95
Ranked 3rd. 18% more than Sweden
$24,535.82
Ranked 5th.

Debt > External $587.60 billion
Ranked 22nd.
$1.03 trillion
Ranked 16th. 76% more than Denmark

Gross domestic savings > Current US$ per capita 12,236.83$
Ranked 7th. 25% more than Sweden
9,816.39$
Ranked 10th.

Central bank discount rate 0.75%
Ranked 40th.
5.5%
Ranked 56th. 7 times more than Denmark

Debt > External > Per capita $90,085.81 per capita
Ranked 8th. 36% more than Sweden
$66,130.66 per capita
Ranked 9th.

GDP > Composition by sector > Services 76.6%
Ranked 22nd. 8% more than Sweden
70.9%
Ranked 39th.

Tax > GDP > Constant LCU 1.55 trillion
Ranked 55th.
3.12 trillion
Ranked 37th. Twice as much as Denmark

Tourism > International tourism, number of arrivals per capita 1.32
Ranked 35th. 2 times more than Sweden
0.53
Ranked 73th.

Consumer spending 49.24
Ranked 111th. 1% more than Sweden
48.78
Ranked 114th.

Consumer price index 110.22%
Ranked 127th. 3% more than Sweden
107.51%
Ranked 140th.

GDP > Composition by sector > Agriculture 1.3%
Ranked 189th.
1.8%
Ranked 180th. 38% more than Denmark

GDP per capita > PPP > Current international $ 33,972.62 PPP $
Ranked 9th. 4% more than Sweden
32,525.43 PPP $
Ranked 14th.

Industries iron, steel, nonferrous metals, chemicals, food processing, machinery and transportation equipment, textiles and clothing, electronics, construction, furniture and other wood products, shipbuilding and refurbishment, windmills, pharmaceuticals, medical equipment iron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, motor vehicles
GDP > Composition, by end use > Imports of goods and services -49.4%
Ranked 97th. 16% more than Sweden
-42.7%
Ranked 75th.
GDP per capita in 1973 $13,416.00
Ranked 5th.
$13,494.00
Ranked 4th. 1% more than Denmark
New businesses registered > Number > Per capita 5.27 per 1,000 people
Ranked 9th. 70% more than Sweden
3.1 per 1,000 people
Ranked 15th.

GDP per capita > Constant LCU 255519.7 274446.6
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US $2.91 billion
Ranked 44th.
$11.54 billion
Ranked 24th. 4 times more than Denmark

Labor force 2
Ranked 195th.
5
Ranked 147th. 3 times more than Denmark

GDP per capita in 1900 $2,902.00
Ranked 8th. 13% more than Sweden
$2,561.00
Ranked 13th.
Trade > With US > US imports of bauxite and aluminum 2,648
Ranked 47th.
16,373
Ranked 26th. 6 times more than Denmark
GDP > Real growth rate -0.4%
Ranked 160th.
1%
Ranked 141st.

Debt > Government debt > Gross government debt, share of GDP 50.1 IMF
Ranked 70th. 32% more than Sweden
38.02 IMF
Ranked 102nd.
Debt > Central government debt, total > Current LCU 905.94 billion
Ranked 22nd.
1.34 trillion
Ranked 20th. 48% more than Denmark

International tourism > Number of arrivals 3.36 million
Ranked 44th. 22% more than Sweden
2.75 million
Ranked 48th.

Economic growth > Per capita -5.5
Ranked 134th.
-5.98
Ranked 142nd. 9% more than Denmark

Foreign direct investment > Net > BoP > Current US$ per capita -799.392 BoP $
Ranked 126th.
-1,869.485 BoP $
Ranked 128th. 2 times more than Denmark

GDP per capita > Constant 2000 US$ 31,611.6 constant 2000 US$
Ranked 7th. 6% more than Sweden
29,954.22 constant 2000 US$
Ranked 9th.

GDP in 1970 $16.30
Ranked 16th.
$35.70
Ranked 11th. 2 times more than Denmark
Micro > Small and medium enterprises > Number > Per capita 47.76 per 1,000 people
Ranked 9th.
99.56 per 1,000 people
Ranked 1st. 2 times more than Denmark
Economic freedom 76.1
Ranked 9th. 4% more than Sweden
72.9
Ranked 18th.

GDP > Official exchange rate per capita $56,221.67
Ranked 5th. 19% more than Sweden
$47,408.19
Ranked 7th.

Stock of direct foreign investment > At home $147.10 billion
Ranked 31st.
$500.80 billion
Ranked 16th. 3 times more than Denmark

Current account balance $17.44 billion
Ranked 20th.
$36.31 billion
Ranked 15th. 2 times more than Denmark

Agriculture > Products barley, wheat, potatoes, sugar beets; pork, dairy products; fish barley, wheat, sugar beets; meat, milk
Trade > Imports per capita $16,372.60
Ranked 10th.
$16,911.69
Ranked 9th. 3% more than Denmark

Currency Danish krone Swedish krona
Current account balance > BoP > Current US$ per capita 1,589.76 BoP $
Ranked 14th.
2,618.4 BoP $
Ranked 10th. 65% more than Denmark

GNI per capita $60,160.00
Ranked 8th. 13% more than Sweden
$53,170.00
Ranked 9th.
GDP > Purchasing power parity > Per capita $37,179.14 per capita
Ranked 17th.
$37,481.64 per capita
Ranked 16th. 1% more than Denmark

Companies > Listed domestic companies, total 174
Ranked 47th.
332
Ranked 26th. 91% more than Denmark

Trade > Exports per capita $17,911.98
Ranked 13th. 3% more than Sweden
$17,338.22
Ranked 14th.

Business > Companies > Corporate governance (overall rating) 4.79
Ranked 18th.
5.88
Ranked 10th. 23% more than Denmark
Current account balance per capita $2,586.67
Ranked 8th. 12% more than Sweden
$2,311.76
Ranked 12th.

Money and quasi money > M2 > Current LCU 951663000000 1365719000000
Tourism > International tourism, number of arrivals 7.36 million
Ranked 36th. 47% more than Sweden
5.01 million
Ranked 46th.

Gross national saving 22.6% of GDP
Ranked 60th.
25.8% of GDP
Ranked 43th. 14% more than Denmark

Tax > GDP > Constant LCU per capita 278,002.88
Ranked 39th.
327,728.02
Ranked 36th. 18% more than Denmark

Retail > Gross value added by wholesale, retail trade, restaurants and hotels 41.97 billion
Ranked 36th.
58.91 billion
Ranked 26th. 40% more than Denmark

Companies > Market capitalization of listed companies > Current US$ per capita $40,221.32
Ranked 12th.
$58,899.71
Ranked 7th. 46% more than Denmark

Market capitalization of listed companies > Current US$ per capita 32,851.84$
Ranked 19th.
44,736.12$
Ranked 12th. 36% more than Denmark

Household final > Consumption expenditure > Current US$ per capita 23,135.17$
Ranked 5th. 22% more than Sweden
19,012.07$
Ranked 10th.

Budget > Expenditures per capita $31,706.93
Ranked 3rd. 26% more than Sweden
$25,228.92
Ranked 5th.

Reserves > Total reserves > Includes gold, current US$ $89.70 billion
Ranked 24th. 72% more than Sweden
$52.25 billion
Ranked 32nd.

Stock of broad money None None
Exchange rates Danish kroner (DKK) per US dollar -<br />5.79 (2012 est.)<br />5.37 (2011 est.)<br />5.62 (2010 est.)<br />5.36 (2009)<br />5.02 (2008) Swedish kronor (SEK) per US dollar -<br />6.77 (2012 est.)<br />6.49 (2011 est.)<br />7.21 (2010 est.)<br />7.65 (2009)<br />6.41 (2008)
Debt > External per capita $90,196.03
Ranked 8th. 37% more than Sweden
$65,877.39
Ranked 9th.

Size of economy > Share of world GDP 0.51%
Ranked 25th.
0.71%
Ranked 21st. 39% more than Denmark
Gross fixed capital formation > Current US$ > Per $ GDP 0.206$ per $1 of GDP
Ranked 80th. 21% more than Sweden
0.17$ per $1 of GDP
Ranked 124th.

Exports > Partners Germany 15.9%, Sweden 13.5%, UK 9.6%, US 6.6%, Norway 6.3%, Netherlands 4.6% Norway 10.4%, Germany 10.3%, UK 8.1%, Finland 6.8%, Denmark 6.7%, Netherlands 5.5%, US 5.5%, Belgium 5%, France 4.8%
GDP > Official exchange rate $310.60 billion
Ranked 34th.
$516.70 billion
Ranked 22nd. 66% more than Denmark

GDP per capita > PPP > Constant 2000 international $ 30,223.96 PPP 2000 $
Ranked 9th. 4% more than Sweden
28,936.46 PPP 2000 $
Ranked 14th.

Investment > Gross fixed 17.2% of GDP
Ranked 120th.
18.2% of GDP
Ranked 113th. 6% more than Denmark

Interest rate spread > Lending rate minus deposit rate 4.7%
Ranked 109th. 86% more than Sweden
2.53%
Ranked 124th.

Income receipts > BoP > Current US$ per capita 4,354.91 BoP $
Ranked 11th. 12% more than Sweden
3,877.93 BoP $
Ranked 13th.

Bank liquid > Reserves to bank assets ratio 0.7
Ranked 162nd. 3 times more than Sweden
0.25
Ranked 166th.

Tax > Highest marginal tax rate > Corporate rate 25%
Ranked 69th.
26.3%
Ranked 54th. 5% more than Denmark

Stock of narrow money None None
GDP > Composition, by sector of origin > Industry 21.4%
Ranked 148th.
32.1%
Ranked 66th. 50% more than Denmark
Debt > Net domestic credit > Current LCU 3.76 trillion
Ranked 32nd.
5.16 trillion
Ranked 28th. 37% more than Denmark

Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita $26,011.62
Ranked 9th. 15% more than Sweden
$22,661.27
Ranked 13th.

Government spending 47.55 billion
Ranked 18th.
69.86 billion
Ranked 14th. 47% more than Denmark

Net current transfers from abroad > Constant LCU -28745970000 -36335330000
Foreign direct investment > Net inflows > BoP > Current US$ per capita 966.44 BoP $
Ranked 19th.
1,182.67 BoP $
Ranked 12th. 22% more than Denmark

GDP > Current LCU 1551510000000 2672998000000
High-technology > Exports > Current US$ > Per capita $2.16 million per 1,000 people
Ranked 9th.
$2.41 million per 1,000 people
Ranked 8th. 11% more than Denmark

GDP > Composition, by sector of origin > Agriculture 1.5%
Ranked 190th.
2%
Ranked 174th. 33% more than Denmark
Savings > Gross domestic savings > Current US$ per capita $12,403.79
Ranked 11th.
$13,565.89
Ranked 9th. 9% more than Denmark

Net barter terms of trade 103.81%
Ranked 10th. 16% more than Sweden
89.66%
Ranked 27th.

Tax > Tax payments > Number 10
Ranked 148th. 3 times more than Sweden
4
Ranked 183th.

Tax > Components of taxation > Personal income tax 53.2%
Ranked 1st. 75% more than Sweden
30.4%
Ranked 10th.
Real interest rate 4.69%
Ranked 106th. 2 times more than Sweden
2.14%
Ranked 92nd.

Gross domestic savings 64.58 billion
Ranked 30th.
95.16 billion
Ranked 22nd. 47% more than Denmark

Inflation 108.58
Ranked 146th. 2% more than Sweden
106.86
Ranked 156th.

Investment > External financial assets per capita €118,600.86
Ranked 4th. 23% more than Sweden
€96,387.68
Ranked 9th.

Outbound tourist spending 9.68 billion
Ranked 27th.
17.31 billion
Ranked 15th. 79% more than Denmark

Income > GNI per capita, PPP > Current international $ $43,430.00
Ranked 9th.
$43,980.00
Ranked 7th. 1% more than Denmark

Income > GNI, PPP > Current international $ per capita $43,428.33
Ranked 9th.
$43,983.50
Ranked 7th. 1% more than Denmark

Inequality > Gini coefficient > Level 0.232 Different summary measure
Ranked 30th.
0.234 Different summary measure
Ranked 29th. 1% more than Denmark
Tax > Total tax wedge > Single worker 44.2%
Ranked 9th.
48.6%
Ranked 4th. 10% more than Denmark
Poverty > Poverty by individual and household characteristics > Poverty rate > Children 2.74%
Ranked 30th.
3.97%
Ranked 29th. 45% more than Denmark
IKEA > First store opening year 1969 1958
GDP > By type of expenditure > Household consumption expenditure per capita 27,813.55
Ranked 12th. 4% more than Sweden
26,649.74
Ranked 13th.

Productivity > GDP per hour worked 44.8
Ranked 12th. 5% more than Sweden
42.52
Ranked 15th.
Reserves of foreign exchange and gold $89.70 billion
Ranked 25th. 72% more than Sweden
$52.23 billion
Ranked 34th.

Big Mac Index > Per $ GDP $0.26 per $14.1 billion of GDP
Ranked 41st. 49% more than Sweden
$0.17 per $14.1 billion of GDP
Ranked 45th.
Size of economy > GDP > GDP growth -0.469%
Ranked 156th.
0.741%
Ranked 141st.

GDP > Constant 2000 US$ 171.21 billion constant 2000 US$
Ranked 28th.
270.31 billion constant 2000 US$
Ranked 18th. 58% more than Denmark

Tax > Highest marginal tax rate > Individual > On income exceeding > US$ $62,286.00
Ranked 30th.
$66,419.00
Ranked 26th. 7% more than Denmark

Purchasing power parity conversion factor > LCU per international $ 8.43 9.11
Micro > Small and medium enterprises > Number 257,950
Ranked 13th.
898,454
Ranked 6th. 3 times more than Denmark
GDP > Composition, by end use > Household consumption 49.4%
Ranked 158th. 2% more than Sweden
48.4%
Ranked 162nd.
Poverty and inequality > Income inequality 1993-2011 24.7 latest available
Ranked 33th.
25 latest available
Ranked 31st. 1% more than Denmark
Current transfers > Receipts > BoP > Current US$ 3.35 billion BoP $
Ranked 36th.
4.92 billion BoP $
Ranked 27th. 47% more than Denmark

Innovation > Patent applications, residents per million 282.56
Ranked 8th. 33% more than Sweden
212.08
Ranked 14th.

Tax > Taxes on income, profits and capital gains > Current LCU 282.35 billion
Ranked 27th. 2 times more than Sweden
128.27 billion
Ranked 41st.

Debt > Net current transfers from abroad > Current LCU -39,788,000,000
Ranked 125th.
-66,330,000,000
Ranked 128th. 67% more than Denmark

Debt > Government debt > Net government debt, share of GDP 7.63 IMF
Ranked 77th.
-17.632 IMF
Ranked 91st.
Saving rate 21.98
Ranked 39th.
23.98
Ranked 26th. 9% more than Denmark

GDP > PPP > Constant 2000 international $ per capita 30,204.7 PPP 2000 $
Ranked 9th. 4% more than Sweden
28,918.74 PPP 2000 $
Ranked 14th.

International tourism > Number of departures 4.63 million
Ranked 29th.
12.6 million
Ranked 13th. 3 times more than Denmark

Economic aid > Donor $2.24 billion
Ranked 12th.
$3.96 billion
Ranked 7th. 77% more than Denmark
Consumption > Consumption by sector > Equals: Household final consumption expenditure 165.35 billion USD
Ranked 21st.
255.06 billion USD
Ranked 14th. 54% more than Denmark

Debt > Central government debt, total > Current LCU per capita 162,630.34
Ranked 10th. 15% more than Sweden
141,766.2
Ranked 11th.

Net income > BoP > Current US$ > Per capita 50,763.65 BoP $ per 1,000 people
Ranked 19th.
60,431.16 BoP $ per 1,000 people
Ranked 17th. 19% more than Denmark

GDP > CIA Factbook $167.20 billion
Ranked 43th.
$238.30 billion
Ranked 35th. 43% more than Denmark

Poverty and inequality > Poorest's share in national income or consumption 8.34%
Ranked 4th.
9.12%
Ranked 5th. 9% more than Denmark
Investment > External financial assets €659 billion
Ranked 20th.
€879 billion
Ranked 18th. 33% more than Denmark

Debt > Net foreign assets > Current LCU per capita 76,898.98
Ranked 46th.
150,218.59
Ranked 32nd. 95% more than Denmark

Tax > GDP > Current LCU 1.82 trillion
Ranked 69th.
3.55 trillion
Ranked 55th. 95% more than Denmark

Taxes > Total tax revenue > Total tax revenue 48.87%
Ranked 1st. 1% more than Sweden
48.16%
Ranked 2nd.
GDP > PPP per capita $31,930.48
Ranked 9th. 8% more than Sweden
$29,470.96
Ranked 17th.
GDP in 1970 per million $3.31
Ranked 7th.
$4.44
Ranked 2nd. 34% more than Denmark
GNI 318.31 billion
Ranked 27th.
413.38 billion
Ranked 22nd. 30% more than Denmark

GDP per capita in 1820 $1,225.00
Ranked 6th. 2% more than Sweden
$1,198.00
Ranked 8th.
Development > Human Development Index > Inequality adjusted 0.845
Ranked 9th.
0.859
Ranked 3rd. 2% more than Denmark
GDP > PPP $172.57 billion
Ranked 45th.
$265.05 billion
Ranked 31st. 54% more than Denmark
Market capitalization of listed companies > Current US$ 178.04 billion$
Ranked 28th.
403.95 billion$
Ranked 20th. 2 times more than Denmark

Companies > Listed domestic companies, total per million 31.12
Ranked 30th.
34.89
Ranked 24th. 12% more than Denmark

Tax > GDP > Current US$ per capita $56,325.66
Ranked 7th. 2% more than Sweden
$55,041.16
Ranked 8th.

Trade > Exports to US $823.20 million
Ranked 45th.
$2.40 billion
Ranked 25th. 3 times more than Denmark
Industrial production growth rate -0.8%
Ranked 135th. 33% more than Sweden
-0.6%
Ranked 132nd.

Purchasing power parity > GDP per capita > PPP > Current international $ $36,761.67
Ranked 15th.
$37,904.58
Ranked 13th. 3% more than Denmark

World trade > Exports 147.89 billion
Ranked 26th.
196.95 billion
Ranked 18th. 33% more than Denmark

Labor force > By occupation > Agriculture 2.6%
Ranked 163th. 2 times more than Sweden
1.1%
Ranked 177th.

Tourist arrivals by region of origin > Europe 4.36 million
Ranked 22nd.
6.7 million
Ranked 14th. 54% more than Denmark

Bank capital to assets ratio 5.7%
Ranked 65th.
5.8%
Ranked 63th. 2% more than Denmark

Labor force > By occupation > Services 77.1%
Ranked 1st. 9% more than Sweden
70.7%
Ranked 9th.
Companies > Stock market > Stocks traded, total value > Current US$ per capita $18,876.18
Ranked 15th.
$39,528.25
Ranked 5th. 2 times more than Denmark

Lending interest rate 7.1%
Ranked 123th. 2 times more than Sweden
3.31%
Ranked 136th.

Industrial > Production growth rate 4%
Ranked 82nd.
8%
Ranked 30th. Twice as much as Denmark

Tax > Taxes on income, profits and capital gains > Current LCU per capita 50,685.28
Ranked 21st. 4 times more than Sweden
13,574.78
Ranked 28th.

Tax > GDP per capita > Constant LCU 278,002.88
Ranked 39th.
327,728.02
Ranked 36th. 18% more than Denmark

Spending > Household final consumption expenditure per capita > Constant 2000 US$ $23,190.85
Ranked 7th. 8% more than Sweden
$21,431.81
Ranked 11th.

Income > GDP per capita, PPP > Current international $ $42,172.53
Ranked 16th.
$43,021.14
Ranked 14th. 2% more than Denmark

Debt > Interest rates > Central bank discount rate 0.0
Ranked 98th.
1%
Ranked 87th.
Business > Companies > Specific companies > IKEA > Debut 1,969
Ranked 45th. 1% more than Sweden
1,958
Ranked 47th.
Currency > Real effective exchange rate index > 2005 = 100 99.04
Ranked 60th.
100.96
Ranked 50th. 2% more than Denmark

Net domestic credit > Current LCU 2754339000000 3225859000000
Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita 7,507.92
Ranked 18th. 21% more than Sweden
6,190.73
Ranked 24th.

GDP > By type of expenditure > Household consumption expenditure 155.49 billion
Ranked 38th.
253.62 billion
Ranked 23th. 63% more than Denmark

Household spending per capita 15,618.6
Ranked 9th. 2% more than Sweden
15,384.85
Ranked 10th.

Commercial bank prime lending rate 3.6%
Ranked 165th. 1% more than Sweden
3.57%
Ranked 166th.

Companies > Market capitalization of listed companies > Current US$ $224.86 billion
Ranked 33th.
$560.53 billion
Ranked 19th. 2 times more than Denmark

Current account balance > BoP > Current US$ 8.62 billion BoP $
Ranked 22nd.
23.64 billion BoP $
Ranked 14th. 3 times more than Denmark

Trade > Imports $90.83 billion
Ranked 32nd.
$158.60 billion
Ranked 26th. 75% more than Denmark

Currency > Real effective exchange rate index 108.38%
Ranked 39th. 12% more than Sweden
96.91%
Ranked 58th.

Currency > Official exchange rate > LCU per US$ > Period average 5.95 7.38
Oil > Exports 266,700 bbl/day
Ranked 43th. 10% more than Sweden
243,200 bbl/day
Ranked 45th.

GDP > CIA Factbook per capita $31,017.11
Ranked 7th. 17% more than Sweden
$26,601.24
Ranked 21st.

GDP > Composition, by end use > Exports of goods and services 54.4%
Ranked 59th. 12% more than Sweden
48.6%
Ranked 73th.
Purchasing power parity > GNI per capita > PPP > Current international $ $37,800.00
Ranked 10th.
$38,590.00
Ranked 7th. 2% more than Denmark

Income > Health expenditure per capita, PPP > Constant 2005 international $ $4,563.73
Ranked 6th. 18% more than Sweden
$3,869.51
Ranked 13th.

Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita 29,577.7 USD
Ranked 4th. 10% more than Sweden
26,801.55 USD
Ranked 8th.

Spending > Household final consumption expenditure > Current US$ per capita $27,813.43
Ranked 8th. 4% more than Sweden
$26,649.80
Ranked 9th.

Tax > GDP > Current LCU per capita 326,266.38
Ranked 52nd.
372,903.84
Ranked 46th. 14% more than Denmark

Debt > Strength of legal rights index > 0=weak to 10=strong per million 1.61
Ranked 65th. 92% more than Sweden
0.841
Ranked 86th.

Oil > Production 247,500 bbl/day
Ranked 38th. 51 times more than Sweden
4,833 bbl/day
Ranked 93th.

Economy growth -4.89
Ranked 135th.
-5.14
Ranked 139th. 5% more than Denmark

Trade > Exports > Exports of goods and services 171.21 billion
Ranked 30th.
254.23 billion
Ranked 23th. 48% more than Denmark

Purchasing power parity > Gross domestic product per capita > PPP 32,251.92
Ranked 17th.
32,314.14
Ranked 15th. About the same as Denmark

Trade > Export value index 122.96%
Ranked 21st. 8% more than Sweden
113.5%
Ranked 79th.

Debt > Interest payments > Current LCU 30.66 billion
Ranked 43th.
33.53 billion
Ranked 42nd. 9% more than Denmark

Innovation 25.2
Ranked 17th.
26.9
Ranked 7th. 7% more than Denmark
Electricity > Consumption per capita 6,081.6 kWh
Ranked 28th.
14,328.11 kWh
Ranked 5th. 2 times more than Denmark

Market capitalization of listed companies > Current US$ > Per $ GDP 688.16$ per $1,000 of GDP
Ranked 37th.
1,129.35$ per $1,000 of GDP
Ranked 22nd. 64% more than Denmark

GDP > CIA Factbook > Per capita $31,036.68 per capita
Ranked 7th. 17% more than Sweden
$26,607.86 per capita
Ranked 21st.

Household spending 86.36 billion
Ranked 30th.
143.11 billion
Ranked 21st. 66% more than Denmark

Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita $15,310.18
Ranked 21st.
$16,688.18
Ranked 14th. 9% more than Denmark

GDP > Composition, by end use > Government consumption 28.6%
Ranked 7th. 6% more than Sweden
26.9%
Ranked 10th.
GDP > Per $ GDP $37,179.14 per $1 of GDP
Ranked 17th.
$37,481.64 per $1 of GDP
Ranked 16th. 1% more than Denmark

Spending > Household final consumption expenditure, etc. > Current US$ $155.49 billion
Ranked 38th.
$253.62 billion
Ranked 24th. 63% more than Denmark

Entrepreneurship > Starting a Business > Index ranking 15
Ranked 140th.
20
Ranked 135th. 33% more than Denmark
GDP > Constant 2000 US$ per capita 31,591.45 constant 2000 US$
Ranked 7th. 6% more than Sweden
29,935.87 constant 2000 US$
Ranked 10th.

GNI > Current US$ per capita 47,821.75$
Ranked 4th. 21% more than Sweden
39,512.02$
Ranked 7th.

Gross domestic savings > Current US$ 66.32 billion$
Ranked 20th.
88.64 billion$
Ranked 15th. 34% more than Denmark

Gross Domestic Product > GDP > Size of GDP > GDP per capita $35,961.42 US dollars, current price
Ranked 11th.
$36,603.11 US dollars, current price
Ranked 10th. 2% more than Denmark
Trade > Exports $99.37 billion
Ranked 34th.
$162.60 billion
Ranked 26th. 64% more than Denmark

Purchasing power parity > GDP > PPP > Current international $ $203.27 billion
Ranked 48th.
$352.59 billion
Ranked 28th. 73% more than Denmark

Public expenditure > Social expenditure > Public social expenditure 26.9%
Ranked 4th.
29.4%
Ranked 1st. 9% more than Denmark
Entrepreneurship > Hiring and Firing > Index ranking 17
Ranked 137th.
86
Ranked 68th. 5 times more than Denmark
Income > GDP, PPP > Current international $ per capita $42,172.53
Ranked 16th.
$43,021.14
Ranked 14th. 2% more than Denmark

Total > Reserves in months of imports 3.01
Ranked 72nd. 87% more than Sweden
1.61
Ranked 107th.

Imports > Commodities machinery and equipment, raw materials and semimanufactures for industry, chemicals, grain and foodstuffs, consumer goods machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs, clothing
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults 59.09
Ranked 42nd. 37% more than Sweden
43.1
Ranked 72nd.

Inflation > Consumer price index > 2005 = 100 116.89
Ranked 155th. 4% more than Sweden
112.05
Ranked 168th.

Gross domestic savings > Current US$ > Per $ GDP 256.33$ per $1,000 of GDP
Ranked 41st. 3% more than Sweden
247.81$ per $1,000 of GDP
Ranked 44th.

GDP > Constant LCU 1383889000000 2476617000000
Poverty and inequality > Inequality adjusted income index 0.764
Ranked 5th.
0.772
Ranked 3rd. 1% more than Denmark
Trade > Export growth 3.72
Ranked 85th.
5.58
Ranked 69th. 50% more than Denmark

Welfare > Social contributions > Current LCU 25.08 billion
Ranked 39th.
254.92 billion
Ranked 18th. 10 times more than Denmark

Welfare > Revenue, excluding grants > Current LCU 726.03 billion
Ranked 36th.
1.13 trillion
Ranked 26th. 56% more than Denmark

Labor force per thousand people 0.00036
Ranked 179th.
0.000548
Ranked 99th. 52% more than Denmark

Business efficiency 82.55
Ranked 7th. 8% more than Sweden
76.26
Ranked 14th.
Trade > Imports > Imports of goods and services 155.6 billion
Ranked 29th.
223.82 billion
Ranked 25th. 44% more than Denmark

Debt > Government debt > Net government debt, share of GDP per million people 1.37 IMF
Ranked 56th.
-1.933 IMF
Ranked 91st.
GDP > Median household income (PPP) $54,119.00
Ranked 6th.
$61,627.00
Ranked 4th. 14% more than Denmark
Household final > Consumption expenditure per capita > Constant 2000 US$ 15,602.76 constant 2000 US$
Ranked 6th. 9% more than Sweden
14,339.76 constant 2000 US$
Ranked 7th.

Public institution index 6.59
Ranked 1st. 4% more than Sweden
6.31
Ranked 6th.
GNI > Atlas method > Current US$ per capita 48,299.77$
Ranked 4th. 18% more than Sweden
40,881.61$
Ranked 7th.

Income > GNI, PPP > Current international $ $242.79 billion
Ranked 47th.
$418.57 billion
Ranked 30th. 72% more than Denmark

Income > Household final consumption expenditure, PPP > Constant 2005 international $ $85.59 billion
Ranked 49th.
$158.81 billion
Ranked 36th. 86% more than Denmark

Income > GDP, PPP > Current international $ $235.76 billion
Ranked 50th.
$409.42 billion
Ranked 32nd. 74% more than Denmark

Currency > Monetary unit 1 krone = 100 ore 1 Swedish krona = 100 ore
Budget > Expenditures > Per $ GDP $0.51 per $1 of GDP
Ranked 10th.
$0.56 per $1 of GDP
Ranked 4th. 9% more than Denmark

Aid > Untied given per million people $315.67 million
Ranked 3rd. 83% more than Sweden
$172.66 million
Ranked 5th.

Taxes and other revenues 56% of GDP
Ranked 6th. 7% more than Sweden
52.2% of GDP
Ranked 9th.

Patents granted 52 per million people
Ranked 27th.
271 per million people
Ranked 4th. 5 times more than Denmark
Balance of payments > Current account > Balances > Current account balance > Current US$ $11.22 billion
Ranked 15th.
$31.46 billion
Ranked 10th. 3 times more than Denmark

Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U $147.28 billion
Ranked 27th.
$194.52 billion
Ranked 20th. 32% more than Denmark

Balance of payments > Financial > Reserves -30,684,866,472.42
Ranked 140th.
100.85 billion
Ranked 4th.

Foreign direct investment > FDI > FDI flows and stocks > Inward FDI stocks $135,385.00 Million US dollars
Ranked 14th.
$226,387.00 Million US dollars
Ranked 11th. 67% more than Denmark
Oil > Proved reserves 812 million bbl
Ranked 38th.
0.0
Ranked 128th.

Companies > Ease of doing business index > 1=most business-friendly regulations 5
Ranked 184th.
14
Ranked 175th. 3 times more than Denmark

Natural gas > Production 8.17 billion cu m
Ranked 24th.
0.0
Ranked 49th.

GDP deflator 112.11
Ranked 148th. 4% more than Sweden
107.93
Ranked 156th.

New businesses registered > Number 28,811
Ranked 14th. 3% more than Sweden
27,994
Ranked 17th.

Oil > Consumption 167,500 bbl/day
Ranked 60th.
351,100 bbl/day
Ranked 36th. 2 times more than Denmark

Tourism > International tourism, receipts > Current US$ $5.99 billion
Ranked 42nd.
$16.33 billion
Ranked 22nd. 3 times more than Denmark

Electricity > Consumption 33.41 billion kWh
Ranked 41st.
132.1 billion kWh
Ranked 18th. 4 times more than Denmark

Spending > Final consumption expenditure > Constant 2000 US$ per capita $36,147.25
Ranked 6th. 11% more than Sweden
$32,597.30
Ranked 7th.

Tax > GDP > Current US$ $314.89 billion
Ranked 32nd.
$523.81 billion
Ranked 22nd. 66% more than Denmark

Currency > GDP > Constant 2000 US$ per capita $46,357.69
Ranked 8th. 6% more than Sweden
$43,854.42
Ranked 11th.

Net capital account > BoP > Current US$ 283.24 million BoP $
Ranked 25th.
493.2 million BoP $
Ranked 20th. 74% more than Denmark

Portfolio investment > Excluding LCFAR > BoP > Current US$ -52,329,820,000 BoP $
Ranked 105th. 74% more than Sweden
-30,118,210,000 BoP $
Ranked 98th.

Net trade in goods and services > BoP > Current US$ 12.56 billion BoP $
Ranked 21st.
27.71 billion BoP $
Ranked 12th. 2 times more than Denmark

Budget > Expenditures > Per capita $28,675.30 per capita
Ranked 3rd. 11% more than Sweden
$25,855.13 per capita
Ranked 6th.

GDP > Composition, by end use > Investment in inventories -0.2%
Ranked 148th. Twice as much as Sweden
-0.1%
Ranked 144th.
Economic growth > Evolution of GDP > Real GDP growth 1.65%
Ranked 28th.
2.54%
Ranked 22nd. 54% more than Denmark
Trade > Exports > By good > Chocolate cocoa preparations 105,149
Ranked 16th.
184,750
Ranked 11th. 76% more than Denmark
Taxes > Taxes on the average worker > Taxes on the average worker 41.32%
Ranked 14th.
45.35%
Ranked 7th. 10% more than Denmark
Purchasing power parity > GNI > PPP > Current international $ $208.98 billion
Ranked 45th.
$358.94 billion
Ranked 29th. 72% more than Denmark

Debt > External > Per $ GDP $1,471.46 per $1,000 of GDP
Ranked 9th.
$1,554.06 per $1,000 of GDP
Ranked 7th. 6% more than Denmark

Trade > Exports > By good > Passenger cars etc 596,992
Ranked 25th.
6.49 million
Ranked 10th. 11 times more than Denmark
Government > Revenue > Tax > Maximum tax rate for individuals 0.0
Ranked 39th.
28.89%
Ranked 1st.
GNI > PPP > Current international $ 184.31 billion PPP $
Ranked 44th.
292.74 billion PPP $
Ranked 32nd. 59% more than Denmark

Trade > With US > US imports of bauxite and aluminum per 1000 0.49
Ranked 39th.
1.82
Ranked 23th. 4 times more than Denmark
Investment > Foreign investment > Commitment to Development Index (investment) 4.7
Ranked 18th.
5.3
Ranked 12th. 13% more than Denmark
High-technology > Exports > Current US$ $11.85 billion
Ranked 24th.
$21.78 billion
Ranked 19th. 84% more than Denmark

Stock of direct foreign investment > Abroad $241.70 billion
Ranked 21st.
$527.80 billion
Ranked 14th. 2 times more than Denmark

Oil > Exports per thousand people 48.29 bbl/day
Ranked 24th. 85% more than Sweden
26.15 bbl/day
Ranked 29th.

Overall productivity > PPP $58,027.50
Ranked 8th. 13% more than Sweden
$51,516.60
Ranked 20th.
Final > Consumption expenditure > Etc. > Current US$ 192.4 billion$
Ranked 20th.
269.04 billion$
Ranked 15th. 40% more than Denmark

GDP > Constant 2000 US$ > Per capita 31,611.59 constant 2000 US$ per c
Ranked 7th. 6% more than Sweden
29,954.22 constant 2000 US$ per c
Ranked 9th.

Deposit interest rate 2.4%
Ranked 129th. 3 times more than Sweden
0.79%
Ranked 145th.

Gross National Income > Constant LCU 1415207000000 2404055000000
National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $30,547.88
Ranked 9th.
$30,899.28
Ranked 8th. 1% more than Denmark

Income > GDP per capita, PPP > Constant 2005 international $ $32,363.24
Ranked 21st.
$34,945.10
Ranked 16th. 8% more than Denmark

Scientific and technical journals > Articles published 5,235.8
Ranked 22nd.
9,914.3
Ranked 16th. 89% more than Denmark

Foreign direct investment > Net > BoP > Current US$ > Per capita -799,902.252 BoP $ per 1,000 people
Ranked 128th.
-1,870,631.114 BoP $ per 1,000 people
Ranked 131st. 2 times more than Denmark

Net income > BoP > Current US$ 274.93 million BoP $
Ranked 21st.
545.33 million BoP $
Ranked 12th. 98% more than Denmark

Goods imports > BoP > Current US$ 74.64 billion BoP $
Ranked 26th.
115.2 billion BoP $
Ranked 19th. 54% more than Denmark

GDP per unit of energy use 7.89 PPP 2000 $/kg of oil eq.
Ranked 17th. 74% more than Sweden
4.53 PPP 2000 $/kg of oil eq.
Ranked 66th.

Oil > Consumption per thousand people 30.19 bbl/day
Ranked 58th.
37.44 bbl/day
Ranked 44th. 24% more than Denmark

Budget > Revenues > Per $ GDP $0.55 per $1 of GDP
Ranked 7th.
$0.58 per $1 of GDP
Ranked 5th. 4% more than Denmark

Natural gas > Production per capita 1,472.87 cu m
Ranked 12th.
0.0
Ranked 49th.

International tourism > Expenditures for travel items > Current US$ $9.68 billion
Ranked 23th.
$15.43 billion
Ranked 16th. 59% more than Denmark

Researchers in RandD > Per million people 5,016.25 per million people
Ranked 4th.
5,415.74 per million people
Ranked 3rd. 8% more than Denmark

Innovation > Research and development personnel > By sector > Business enterprise sector per thousand people 5.15
Ranked 3rd. 46% more than Sweden
3.53
Ranked 8th.

Government spending > Subsidies and other transfers > Current LCU per capita 23,609.25
Ranked 26th.
82,089.8
Ranked 22nd. 3 times more than Denmark

Government spending > Subsidies and other transfers > Current LCU 131.52 billion
Ranked 47th.
775.68 billion
Ranked 21st. 6 times more than Denmark

Tax > Components of taxation > Property tax 3.3%
Ranked 13th.
3.4%
Ranked 12th. 3% more than Denmark
Intellectual property > Patents granted 2,347
Ranked 19th.
7,453
Ranked 13th. 3 times more than Denmark
Currency > DEC alternative conversion factor > LCU per US$ 6 7.47
Labor force > By occupation > Industry 20.3%
Ranked 74th.
28.2%
Ranked 31st. 39% more than Denmark

Stocks traded > Total value > Current US$ 152.05 billion$
Ranked 24th.
463.95 billion$
Ranked 15th. 3 times more than Denmark

GDP > Composition, by end use > Investment in fixed capital 17.3%
Ranked 149th.
19%
Ranked 130th. 10% more than Denmark
Trade > Exports > Goods and services 42%
Ranked 69th.
47%
Ranked 47th. 12% more than Denmark
Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP 0.435 BoP $ per $1 of GDP
Ranked 75th. 4% more than Sweden
0.42 BoP $ per $1 of GDP
Ranked 77th.

Foreign direct investment > Net > BoP > Current US$ -4,332,253,000 BoP $
Ranked 124th.
-16,880,650,000 BoP $
Ranked 131st. 4 times more than Denmark

Economic importance 2.4
Ranked 23th.
3.6
Ranked 19th. 50% more than Denmark
Stock of direct foreign investment > At home per capita $26,312.60
Ranked 12th.
$52,623.74
Ranked 6th. Twice as much as Denmark

Economic aid > Donor per capita $407.02
Ranked 4th.
$428.98
Ranked 3rd. 5% more than Denmark
Spending > Final consumption expenditure > Constant 2000 US$ $202.08 billion
Ranked 27th.
$310.22 billion
Ranked 20th. 54% more than Denmark

Reserves > Total reserves minus gold > Current US$ $86.14 billion
Ranked 21st. 89% more than Sweden
$45.52 billion
Ranked 33th.

Spending > Household final consumption expenditure > Constant 2000 US$ per capita $23,190.85
Ranked 7th. 8% more than Sweden
$21,431.81
Ranked 11th.

Savings > Gross domestic savings > Current US$ $69.34 billion
Ranked 38th.
$129.10 billion
Ranked 23th. 86% more than Denmark

Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country 121.56
Ranked 139th. 3% more than Sweden
118.02
Ranked 147th.

World Bank exchange rate 5.36
Ranked 99th.
7.65
Ranked 92nd. 43% more than Denmark

Balance of payments > Current account > Balances > Net trade in goods > US$ $8.10 billion
Ranked 26th.
$14.02 billion
Ranked 22nd. 73% more than Denmark

Trade > Exports > Goods 83.83 billion
Ranked 28th.
120.9 billion
Ranked 22nd. 44% more than Denmark

Electricity > Production 34.15 billion kWh
Ranked 46th.
129.4 billion kWh
Ranked 23th. 4 times more than Denmark

Electricity > Imports per capita 60.29 kWh
Ranked 45th.
503.95 kWh
Ranked 20th. 8 times more than Denmark

Stock of money $148.70 billion
Ranked 11th.
$217.10 billion
Ranked 9th. 46% more than Denmark
Gender income ratio 0.7%
Ranked 2nd. 3% more than Sweden
0.68%
Ranked 5th.
GDP growth > Duration 1980-2000 49%
Ranked 31st. 44% more than Sweden
34%
Ranked 43th.
Gross national expenditure > Current US$ > Per $ GDP 0.953$ per $1 of GDP
Ranked 111th. 3% more than Sweden
0.923$ per $1 of GDP
Ranked 118th.

Household final > Consumption expenditure > Constant 2000 US$ per capita 15,592.82 constant 2000 US$
Ranked 6th. 9% more than Sweden
14,330.97 constant 2000 US$
Ranked 7th.

Gross fixed capital formation > Current US$ per capita 9,856.91$
Ranked 5th. 46% more than Sweden
6,737.35$
Ranked 13th.

Patent applications > Residents 1,634
Ranked 17th.
2,527
Ranked 13th. 55% more than Denmark

GNI > Atlas method > Current US$ > Per capita 48,330.57$ per capita
Ranked 4th. 18% more than Sweden
40,906.67$ per capita
Ranked 7th.

Income > GDP, PPP > Constant 2005 international $ per capita $32,363.24
Ranked 21st.
$34,945.10
Ranked 16th. 8% more than Denmark

Income > GNI, PPP > Constant 2005 international $ $186.35 billion
Ranked 46th.
$339.96 billion
Ranked 30th. 82% more than Denmark

Income > GNI per capita, PPP > Constant 2005 international $ $33,332.98
Ranked 13th.
$35,722.44
Ranked 10th. 7% more than Denmark

Oil > Production per thousand people 44.61 bbl/day
Ranked 24th. 87 times more than Sweden
0.515 bbl/day
Ranked 91st.

Gross savings > Current US$ per capita 11,345.36$
Ranked 2nd. 24% more than Sweden
9,117.25$
Ranked 4th.

Innovation > Patent applications, residents 1,574
Ranked 24th.
2,004
Ranked 20th. 27% more than Denmark

Innovation > Patent applications, nonresidents per million 35.36
Ranked 40th.
35.66
Ranked 39th. 1% more than Denmark

Trade > Exports > Export growth in USD 183.41
Ranked 95th. 17% more than Sweden
157.1
Ranked 105th.

Trade > Imports > By good > Silver platinum etc 14,032
Ranked 29th.
24,857
Ranked 25th. 77% more than Denmark
Innovation > Scientific and technical journal articles 5,306.1
Ranked 24th.
9,477.8
Ranked 17th. 79% more than Denmark

GDP > PPP > Current international $ per capita 33,950.97 PPP $
Ranked 9th. 4% more than Sweden
32,505.51 PPP $
Ranked 14th.

Welfare > Revenue, excluding grants > Current LCU per capita 130,332.94
Ranked 24th. 9% more than Sweden
120,065.98
Ranked 26th.

Micro > Small and medium enterprises > Number per 1000 47.73
Ranked 9th.
99.5
Ranked 1st. 2 times more than Denmark
Transnational corporations > Affiliates 2,305
Ranked 32nd.
4,324
Ranked 20th. 88% more than Denmark
Tax > Taxes on income > Profits and capital gains > Current LCU 313.58 billion
Ranked 19th. 8 times more than Sweden
39.68 billion
Ranked 48th.

Tax > Social security contributions 3.32%
Ranked 57th.
32.47%
Ranked 23th. 10 times more than Denmark

Tax > Components of taxation > Social security > Employees contribution 2.7%
Ranked 27th.
5.8%
Ranked 22nd. 2 times more than Denmark
Oil > Imports per thousand people 31.49 bbl/day
Ranked 42nd.
58.77 bbl/day
Ranked 18th. 87% more than Denmark

Imports > Partners Germany 21.2%, Sweden 13.5%, Netherlands 7.5%, China 6.4%, Norway 6.3%, UK 5.6% Germany 17.4%, Denmark 8.5%, Norway 8.4%, UK 6.5%, Netherlands 6.4%, Russia 5.6%, Finland 5.1%, China 4.9%, France 4.2%
Oil > Imports 173,900 bbl/day
Ranked 51st.
546,500 bbl/day
Ranked 21st. 3 times more than Denmark

Electricity > Production per capita 6,183.13 kWh
Ranked 28th.
13,916.2 kWh
Ranked 5th. 2 times more than Denmark

Market value of publicly traded shares $179.50 billion
Ranked 32nd.
$470.10 billion
Ranked 19th. 3 times more than Denmark

GDP growth > Duration 1975-2000 1.6%
Ranked 58th. 14% more than Sweden
1.4%
Ranked 63th.
Gross Domestic Product > GDP > Size of GDP > Gross domestic product per million $35.55 Billion US dollars, curre
Ranked 11th.
$36.01 Billion US dollars, curre
Ranked 10th. 1% more than Denmark
Trade > Imports > By good > Passenger cars etc 1.83 million
Ranked 26th.
3.77 million
Ranked 15th. 2 times more than Denmark
Trade balance with US $-453,900,000.00
Ranked 188th.
$-1,555,500,000.00
Ranked 204th. 3 times more than Denmark
Services > Etc. > Value added > Constant 2000 US$ 106.36 billion constant 2000 US$
Ranked 20th.
161.17 billion constant 2000 US$
Ranked 16th. 52% more than Denmark

Household final > Consumption expenditure > Current US$ 125.38 billion$
Ranked 21st.
171.67 billion$
Ranked 17th. 37% more than Denmark

Trade > Exports > Goods and services > Constant 2000 US$ 87.76 billion constant 2000 US$
Ranked 19th.
139.15 billion constant 2000 US$
Ranked 14th. 59% more than Denmark

Merchandise > Exports > Current US$ 85.14 billion$
Ranked 31st.
130.1 billion$
Ranked 20th. 53% more than Denmark

Gross fixed capital formation > Current US$ 53.42 billion$
Ranked 20th.
60.84 billion$
Ranked 17th. 14% more than Denmark

Household final > Consumption expenditure > Current US$ > Per capita 23,149.93$ per capita
Ranked 5th. 22% more than Sweden
19,023.73$ per capita
Ranked 10th.

Research and development spending 1.9%
Ranked 14th.
3.8%
Ranked 2nd. Twice as much as Denmark
Aid > Untied given $1,758.46 million
Ranked 11th. 8% more than Sweden
$1,631.46 million
Ranked 13th.

Tax > Time to prepare and pay taxes > Hours 135
Ranked 139th. 11% more than Sweden
122
Ranked 144th.

Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU 1.26 trillion
Ranked 42nd.
1.87 trillion
Ranked 36th. 49% more than Denmark

Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$ $-3,436,361,397.40
Ranked 126th.
$-23,935,560,050.57
Ranked 138th. 7 times more than Denmark

Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo $173.38 billion
Ranked 28th.
$240.25 billion
Ranked 19th. 39% more than Denmark

Intellectual property > Patent applications 11,565
Ranked 15th.
21,480
Ranked 13th. 86% more than Denmark

Trade > Imports of goods > Services and income > BoP > Current US$ per capita 25,059.58 BoP $
Ranked 10th. 22% more than Sweden
20,469.29 BoP $
Ranked 13th.

Foreign direct investment > Net > BoP > Current US$ > Per $ GDP -16.745 BoP $ per $1,000 of GDP
Ranked 118th.
-47.194 BoP $ per $1,000 of GDP
Ranked 124th. 3 times more than Denmark

Net income > BoP > Current US$ per million 50.73 million BoP $
Ranked 19th.
60.39 million BoP $
Ranked 17th. 19% more than Denmark

Commercial service imports > Current US$ 37.84 billion$
Ranked 18th. 8% more than Sweden
35.02 billion$
Ranked 19th.

Commercial service imports > Current US$ > Per capita 6,986.85$ per capita
Ranked 6th. 80% more than Sweden
3,881.09$ per capita
Ranked 14th.

Natural gas > Proved reserves per capita 10,435.19 cu m
Ranked 39th.
0.0
Ranked 128th.

Natural gas > Proved reserves 58.13 billion cu m
Ranked 60th.
0.0
Ranked 128th.

Natural gas > Consumption 4.95 billion cu m
Ranked 38th. 3 times more than Sweden
1.63 billion cu m
Ranked 49th.

External debt > Date of information 30 June 2006 30 June 2006
Micro > Small and medium enterprises > Per 1,000 people 47.76 per 1,000 people
Ranked 9th.
99.56 per 1,000 people
Ranked 1st. 2 times more than Denmark
Tourism > International tourism, receipts for travel items > Current US$ per capita $1,075.83
Ranked 31st.
$1,467.32
Ranked 21st. 36% more than Denmark

Tourism > International tourism, expenditures > Current US$ $9.84 billion
Ranked 26th.
$17.57 billion
Ranked 20th. 79% more than Denmark

Tourism > International tourism, number of departures 7.85 million
Ranked 23th.
14.65 million
Ranked 16th. 87% more than Denmark

Public expenditure > Health expenditure > Total expenditure on health 9.5%
Ranked 9th. 3% more than Sweden
9.2%
Ranked 12th.
Gross Domestic Product > GDP > Size of GDP > Gross domestic product $196.35 Billion US dollars, curre
Ranked 23th.
$334.85 Billion US dollars, curre
Ranked 16th. 71% more than Denmark
Companies > Ease of doing business index > 1=most business-friendly regulations per million 0.894
Ranked 162nd.
1.47
Ranked 152nd. 64% more than Denmark
Economic growth > Inflation > GDP deflator 1.96%
Ranked 22nd.
2.92%
Ranked 13th. 49% more than Denmark
International tourism > Receipts for travel items > Current US$ $6.69 billion
Ranked 33th.
$12.63 billion
Ranked 19th. 89% more than Denmark

Tourism receipts > International > Per $ GDP $17.37 per $1,000 of GDP
Ranked 109th.
$24.00 per $1,000 of GDP
Ranked 94th. 38% more than Denmark

Trade > Tariffs > Binding coverage > All products 99.98%
Ranked 21st. The same as Sweden
99.98%
Ranked 23th.

GDP > PPP > Current international $ > Per capita 33,972.63 PPP $ per capita
Ranked 9th. 4% more than Sweden
32,525.43 PPP $ per capita
Ranked 14th.

GDP > PPP > Constant 2000 international $ > Per capita 30,223.96 PPP 2000 $ per capita
Ranked 9th. 4% more than Sweden
28,936.46 PPP 2000 $ per capita
Ranked 14th.

Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate 4.7%
Ranked 107th. 87% more than Sweden
2.52%
Ranked 128th.

Patent applications > Nonresidents 191
Ranked 25th.
420
Ranked 17th. 2 times more than Denmark

Trade > Exports > Per $ GDP $0.33 per $1 of GDP
Ranked 74th.
$0.40 per $1 of GDP
Ranked 53th. 21% more than Denmark

Tax > Tax payments > Number per million 1.79
Ranked 113th. 4 times more than Sweden
0.42
Ranked 154th.

Purchasing power parity > GDP > PPP > Constant 2005 international $ $178.33 billion
Ranked 48th.
$300.59 billion
Ranked 30th. 69% more than Denmark

Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $ $8.70
Ranked 73th.
$9.18
Ranked 71st. 6% more than Denmark

Trade > Exports > Export growth 115.93
Ranked 88th. 2% more than Sweden
114
Ranked 95th.

Tourism expenditures > International $6.86 billion
Ranked 17th.
$11.31 billion
Ranked 14th. 65% more than Denmark

Trade > Exports > By good > Perfume toilet cosmetics 246,915
Ranked 17th. 9% more than Sweden
227,187
Ranked 18th.

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