France France vs Sweden Sweden development indicators, 2024

Indicator
France
France, Value
Sweden
Sweden, Value
France
France, Rank
Sweden
Sweden, Rank
France France as % of
Sweden Sweden
Current account balance (% of GDP) 0.392 7.42 49 13 5.28 %
Exports of goods and services (% of GDP) 33.2 54.6 75 34 60.9 %
Foreign direct investment, net inflows (% of GDP) 1.75 4.37 63 22 40.1 %
GDP per capita (current US$) 46,150 57,723 26 14 80 %
GDP per capita, PPP (current international US$) 61,322 71,030 28 23 86.3 %
Imports of goods and services (% of GDP) 34 50.2 85 56 67.7 %
Inflation, consumer prices (annual %) 2 2.84 114 88 70.5 %
Net migration 90,527 50,115 20 24 181 %
Population, total 68,516,699 10,569,709 23 92 648 %

Demography and Health

France has a birth rate of 9.9 per 1,000 people, slightly higher than Sweden's 9.5, ranking 19th compared to Sweden's 28th. In terms of death rates, France's figure is 9.2, which is marginally higher than Sweden's 9, with rankings of 65 and 66, respectively. Life expectancy is also notable, with France at 82.9 years and Sweden at 83.3 years, placing France 11th and Sweden 5th globally. Furthermore, the under-5 mortality rate indicates a significant disparity, as France has a mortality rate of 4.3 per 1,000 live births, compared to Sweden's low rate of 2.5, ranking France 19th and Sweden 67th. Additionally, both countries display a prevalence rate of undernourishment at 2.5%, sharing a ranking of 3rd.

Economy

In 2024, France's GDP per capita stands at $46,150, whereas Sweden's is considerably higher at $57,723, placing France 37th and Sweden 18th. The purchasing power parity (PPP) for GDP per capita reflects a similar trend, with France at $61,322 and Sweden at $71,030. In terms of inflation, France is slightly better off at 2% compared to Sweden's 2.8%. The unemployment rates show that France has a total unemployment rate of 7.3%, slightly lower than Sweden's 7.6%, with rankings of 18 and 13, respectively. Overall, while both countries have robust economies, Sweden leads in terms of income level.

Trade and Investment

Regarding trade, France's exports of goods and services constitute 33.2% of its GDP, while Sweden's figure is significantly higher at 54.6%, ranking 105th and 70th globally, respectively. Conversely, imports as a percentage of GDP are also a larger part of Sweden's economy at 50.2%, compared to France's 34%. Foreign direct investment (FDI) net inflows reveal a stark difference as well, with France at 1.8% and Sweden at 4.4%, ranking 80th and 32nd respectively. Additionally, Sweden demonstrates a more favorable current account balance at 7.4%, in contrast to France's 0.4%.

Governance and Institutions

France's control of corruption index is relatively low at 1.2, compared to Sweden's 2.0, suggesting a healthier governance structure in Sweden, which ranks 9th compared to France's 32nd. Similarly, Sweden rates better in government effectiveness with a score of 1.6, while France scores 1.1. This translates to rankings of 13th for Sweden and 31st for France. The rule of law and regulatory quality also favor Sweden, which ranks 19th a score of 1.6, while France has a slightly lower score of 1.2, ranking 34th. Furthermore, Sweden shows greater political stability as reflected in its score of 0.8, compared to France's score of 0.3, with rankings of 27th and 73rd respectively.

Infrastructure and Technology

Concerning technology adoption, the percentage of individuals using the Internet is higher in Sweden at 95.7%, compared to France's 86.8%, with respective global rankings of 13th and 64th. Additionally, Sweden benefits from a logistics performance index score of 4.2, outperforming France's 3.8, indicating better quality in trade and transport-related infrastructure, with Sweden positioned 2nd and France 8th. Furthermore, in terms of research and development expenditure as a percentage of GDP, Sweden invests 3.4%, whereas France allocates 2.2%, ranking them 1st and 15th, respectively. Sweden's patent applications also demonstrate a stark contrast, with 1,771 applications versus France's 13,386, indicating a competitive edge in innovation for France despite its lower rank in entrepreneurship or commercial innovation.

Environment and Sustainability

In terms of renewable energy consumption, Sweden leads significantly with 57.9% of its total final energy consumption derived from renewable sources, ranking 1st, compared to France's 16.2% which ranks 20th. The level of water stress shows that France faces more challenges with 21.6% of freshwater withdrawal relative to available resources versus Sweden's low figure of 3.6%. When examining greenhouse gas emissions per capita, France emits 5.6 tons of CO2e compared to Sweden's 4.7 tons, ranking France 71st and Sweden 78th, indicating a more sustainable environmental performance in Sweden. Both countries exhibit similar levels of undernourishment yet diverge in their renewable energy and emissions profiles, highlighting Sweden's leadership in sustainability efforts.