Australia vs Sweden: Foreign assets
Australia
2.35 trillion real chained 2019 US$
in 2020
Sweden
1.95 trillion real chained 2019 US$
in 2020
Australia rank
16th
Sweden rank
19th
Foreign assets over time
- Australia
- Sweden
How they compare
Australia currently reports 2.35 trillion real chained 2019 US$ against 1.95 trillion real chained 2019 US$ in Sweden, a difference of 395.07 billion real chained 2019 US$.
That makes Australia's figure about 1.2 times Sweden's.
The two have swapped places 3 times across 26 shared years of data; in 1995 it was Sweden ahead.
Australia ranks 16th and Sweden ranks 19th of 149 countries.
Across the 4 decades both report, Australia averaged higher in 2 and Sweden in 2.
Head to head by decade
| Decade | Australia | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 319.29 billion real chained 2019 US$ | 368.01 billion real chained 2019 US$ | 48.72 billion real chained 2019 US$ | Sweden |
| 2000s | 828.84 billion real chained 2019 US$ | 966.22 billion real chained 2019 US$ | 137.38 billion real chained 2019 US$ | Sweden |
| 2010s | 1.79 trillion real chained 2019 US$ | 1.62 trillion real chained 2019 US$ | 167.74 billion real chained 2019 US$ | Australia |
| 2020s | 2.35 trillion real chained 2019 US$ | 1.95 trillion real chained 2019 US$ | 395.07 billion real chained 2019 US$ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher foreign assets, Australia or Sweden?
- Australia, at 2.35 trillion real chained 2019 US$ against 1.95 trillion real chained 2019 US$ in Sweden as of 2020.
- What is the difference in foreign assets between Australia and Sweden?
- 395.07 billion real chained 2019 US$, with Australia ahead.
- How many years of comparable data are there for Australia and Sweden?
- 26 years are reported by both, from 1995 to 2020.
- How do Australia and Sweden rank globally for foreign assets?
- Australia ranks 16th and Sweden ranks 19th of 149 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Foreign assets (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net foreign assets is foreign assets minus foreign liabilities. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.