Gross domestic product
Norway is top of the Nordic ranking. GDP Per Capita (PPS Euro). 2021.
Out of all of Scandinavia, Denmark is the cheapest to visit – especially if you visit early February which is usually always the most cost-effective time to fly and stay.
The average cost of living in Norway ($1844) is 33% more expensive than in Sweden ($1385). Norway ranked 14th vs 33rd for Sweden in the list of the most expensive countries in the world.
Finland and Sweden have similar prices of groceries, and Norway is about 20% more expensive than both.
The best Scandinavian country to live in: Norway
Norway offers expats and locals a much higher salary than many other Scandinavian countries, so you can expect to earn a decent amount in your profession. Norway is also one of the top places to live in if you're looking for a happy life and excellent work/life balance.
Is Finland cheaper than Denmark? While it will depend on where you are in each country, overall, Finland is cheaper than Denmark. This is especially the case in the capitals, with rent, food and other expenses being much higher in Copenhagen than Helsinki.
What are the top 5 richest Scandinavian countries? The Nordic economies of Denmark, Finland, Iceland, Norway, and Sweden are among the world's wealthiest.
If you're searching for a quick city break with plenty of things to do in a short amount of time, Sweden is the way to go. However, if you're looking for a breathtaking, once-in-a-lifetime adventure with stunning natural landscapes, Norway is the destination for you.
In general, Finland is flatter than Norway, and while it is a beautiful and impressive country, it doesn't have the dramatic scenery that you find in Norway. Finland does have many beautiful lakes that provide excellent fishing and outdoor opportunities, and Finland is known for its outdoor sports year around.
The three Nordic countries included in the analysis – Denmark, Finland, and Sweden – occupy the top three positions in their index of social cohesion, making trust and social cohesion one additional explanation for the Nordic happiness.
Finland is marginally more expensive than Sweden for most travel-related expenses, including tours, accommodation and meals out. As a general rule, big cities such as Stockholm and Helsinki will be the most expensive places to explore, but there are some exceptions.
Stockholm, Sweden has on average the warmest summer of the Nordic capitals, with an average maximum temperature of 23 °C (73 °F) in July; Copenhagen, Oslo and Helsinki have an average July maximum temperature of 22 °C (72 °F).
In percentage terms growth has been highest in Norway at 12.3%, followed by Iceland at 10% and Sweden, the country with the biggest population, at 9.7%. The overall population growth 2007–2017 was 8.1%. By 2030, the population is expected to have grown from the current 27 million to almost 30 million.
The oil and gas industries play a dominant role in the Norwegian economy, providing a source of finance for the Norwegian welfare state through direct ownership of oil fields, dividends from its shares in Equinor, and licensure fees and taxes.
Finland is considered the second happiest nation on earth and Sweden is ranked as the 6th happiest country in the world. Sweden is the birthplace of many successful corporations. It is the second most innovative country in the world. That surely attracts international students to Study in Finland or Study in Sweden.
Sweden. The stunning Scandinavian nation of Sweden is known for surreal forests, coastal islands, glittering lakes and glacial mountains. It is also known for being home to the most beautiful women in the world.
The Swedish women are said to be the most beautiful on the globe, according to Traveller's Break down. However , a few women may prefer a different European region, such as Finland or Norway.
Norway comes out with lower crime rates overall, with a murder rate of about half that of its neighbour – 'just' 31 murders in the whole country in 2020.
Stockholm has been named among the top ten richest regions in the European Union according to a new study published in the Svenska Dagbladet daily on Sunday.
In 2021, Iceland had the highest annual average net earnings among single persons without children earning 100 percent of the average earnings in the Nordic countries. Average earnings in Iceland were nearly 50,000 euros annually.
Sweden – the best country for quality of life.
HIGH-LIVING STANDARDS – COST OF LIVING
Rent is much higher in Australia than in Finland and housing costs are 37.4% higher than in Finland. Eating out and drinking is usually more expensive in Australia (you pay 14,4% more in restaurants) as well as groceries (16% more).
Denmark is 8% more expensive than Australia.
Finland: For the sixth year in a row, Finland is the world's happiest country, according to the World Happiness Report. Aleksanterinkatu (Aleksi Street) in Helsinki is pictured. 2. Denmark: The Nordic countries all perform well by the measures used to determine happiness.