Compare countries & regions

Norway vs Sweden

Norway and Sweden side by side — economy, tax, company setup, visas, housing and study, from official and open data.

Economy & society

Metric Norway Sweden
Population (2024) 5.57M 10.57M
GDP (current US$) (2024) $483.59B $603.72B
GDP per capita (2024) $86,785 $57,117
GDP growth (annual) (2024) 2.1% 0.8%
Inflation (annual) (2024) 3.1% 2.8%
Unemployment (2025) 4.6% 8.7%
FDI net inflows (2024) $12.13B $27.03B

Business & tax

Metric Norway Sweden
Corporate tax General national corporate income tax rate. Sub-national tax is excluded and shown separately where it applies — a cell reading "15.825% +7–21% municipal" means the national rate plus a local business tax. "on trading income" and "on distributed profit" mark countries whose headline rate does not reach all profit. 20.6%
Top income tax Top marginal rate on employment income, NATIONAL layer only — that is what makes the column comparable. Where a sub-national layer applies it is added to the cell rather than folded into the number, so "20% +29–35% municipal" is Sweden's national rate plus its municipal one. Social-security contributions are excluded throughout. 20% +29–35% municipal
Capital gains Default rate on long-term gains from listed securities, for an individual. Varies by asset, holding period and residency. Where one percentage cannot state the answer the cell says so instead: "effective" = a fixed share of the gain is taxed as ordinary income; "on deemed return" = the tax falls on a notional return, not on realised gains; "as income" = there is no separate capital-gains tax; "Varies" = no single general rate; "No general CGT" = individuals are not taxed on capital gains, though gains that are trading in nature and gains realised in a business still can be. 30%
VAT / GST Standard statutory rate. Where one percentage cannot state it the cell says so: "effective" = the statutory rate applies to a reduced tax base; "temporary" = a time-limited rate charged instead of the statutory one, with its end date; "by supply" / "by state" = a band structure with no single standard rate; "No VAT or GST" = the tax does not exist there, which is not a 0% rate. Reduced, zero and exempt categories are not shown. 25% 25%
Digital nomad visa Whether a dedicated digital-nomad or remote-work visa exists. A country without one may still allow remote work on another status. Yes No
DNV income req. (mo) Minimum income the programme requires, converted to USD. Thresholds are set in local currency and move with it. $3,500

Figures are headline national values gathered for comparison, not tax or legal advice. Definitions differ between countries — read each row's basis before comparing, and verify against the official authority before acting.

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Frequently asked questions

How do VAT rates compare in Norway and Sweden?

Norway 25%%, Sweden 25%%.

Is Norway or Sweden wealthier per capita?

Norway — Norway $86,785, Sweden $57,117 (World Bank, 2024/2024).

Do Norway and Sweden offer a digital nomad visa?

Only Norway does.

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