Russia vs Sweden: Economic Indicators Comparison

Russia with a GDP of $1.7T ranked the 11th largest economy in the world, while Sweden ranked 23rd with $556.1B. By GDP 5-years average growth and GDP per capita, Russia and Sweden ranked 162nd vs 98th and 68th vs 14th, respectively.

Gross Domestic Product & Income

StatRussiaSweden
GDP$1.7T$556.1B
GDP growth, 1 year2.3%2.3%
GDP growth, 5-years average0.5%2.8%
Population146.8M10.3M
GDP per capita$11k$55k
GDP per capita growth2.26%0.97%
Purchasing Power Parity conversion factor25.648.92
Price level ratio of PPP conversion factor GDP to market exchange rate0.411.03
GDP per capita, PPP adjusted$29k$53k
GNI, Atlas method$1.5T$565.1B
GNI per capita$10k$55k
GNI, PPP adjusted$3.9T$550.2B
GNI per capita, PPP adjusted$26k$54k

Financial system and Human development

StatRussiaSweden
Income Tax Rate13%57%
Corporate Tax Rate20%21.4%
Inflation, consumer prices2.9%2%
Inflation, GDP deflator10.3%2.3%
Unemployment4.7%6.4%
Economic Freedom Index6174.9
Personal Freedom Index6.569.37
Human Freedom Index6.498.48
Property Rights Index56.888.8
Judical Effectiveness Index44.479.9
Business Freedom Index80.285.3
Fiscal Health Index98.797
Labor Freedom Index52.153.8
Investment Freedom Index3085
Financial Freedom Index3080
Trade Freedom Index77.886.4
Monetary Freedom Index68.281.2
Government Spending Index63.825.8
Tax Burden Index88.543.6
Government Integrity Index41.391.4
Corruption Perceptions Index2885
Life expectancy at birth, years72.182.3
Suicide mortality rate, per 100,000 people3114.8
Mortality caused by road traffic injury, per 100,000 people182.8
Intentional homicides, per 100,000 people9.21.1
International tourism, number of arrivals24.6M7.4M

Government debt & reserves

StatRussiaSweden
Central government debt, % of GDP14%39%
External debt stocks, % of GNI28.1%N/A
External debt stocks$453.9BN/A
Short-term debt, % of total reserves10.3%N/A
Total debt service, % of exports and primary income19.6%N/A
Adjusted net savings including particulate emission damage, % of GNI8%19.1%
Gross savings, % of GDP30.2%29.2%
Gross capital formation, % of GDP22.7%26.8%
Total reserves including gold$468.6B$60.6B
Foreign direct investment net inflows$8.8B$9B

Exports, imports and economic structure

StatRussiaSweden
Exports of goods and services, % of GDP30.7%45.8%
Imports of goods and services, % of GDP20.8%43.3%
Current account balance (balance of payments)$113.5B$9.5B
Revenue excluding grants, % of GDP27.5%32.8%
Grants excluding technical cooperation, BoP$658.1MN/A
Personal remittances received$8.6B$3.1B
Industry including construction value added, % of GDP32.1%22.6%
Agriculture, forestry and fishing value added, % of GDP3.1%1.4%
Charges for the use of intellectual property, payments BoP$6.3B$4.9B
Charges for the use of intellectual property, receipts BoP$876.1M$7.4B
Expense, % of GDP28.9%31.1%
Government Expenditure, % of GDP34.7%49.7%

Compare with countries close by GDP per capita

Russia vs

CountryGDP
per capita
Population
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M

Sweden vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k