Nordic Countries

Nordic Council

The Nordic countries are a geographical and cultural region in Northern Europe consisting of Denmark, Finland, Iceland, Norway, and Sweden. They share a common history, culture, and social model.

5Countries
28.3MPopulation
$2.02TGDP
1.26M km²Area
Founded: 1952HQ: Copenhagen

Map

Posters & Maps

Member Countries

5 countries sorted by GDP

#CountryCapitalPopulationGDPArea
1 SwedenStockholm10.6M$669B450,295 km²
2 NorwayOslo5.61M$531B323,802 km²
3 DenmarkCopenhagen6.01M$463B43,094 km²
4 FinlandHelsinki5.65M$317B338,145 km²
5 IcelandReykjavik390K$38.6B103,000 km²

Key Insights

Largest Economies & Populations

Sweden leads Nordic Countries with a GDP of $669B, followed by Norway ($531B) and Denmark ($463B). The most populous country is Sweden with 10.6M people, while Sweden covers the largest area at 450,295 km².

GDP
Sweden
$669B
Norway
$531B
Denmark
$463B
Finland
$317B
Iceland
$38.6B
Population
Sweden
10.6M
Denmark
6.01M
Finland
5.65M
Norway
5.61M
Iceland
390K

GDP per Capita

Iceland has the highest GDP per capita at $98,323, which is 1.8x higher than Finland ($56,149), the lowest in the group.

Iceland
$98,323
Norway
$94,594
Denmark
$76,970
Sweden
$63,133
Finland
$56,149

GDP Growth

The fastest-growing economy is Denmark at +2.93%, followed by Sweden (+1.54%) and Iceland (+1.28%). The slowest growth is Finland at +0.17%.

Denmark
+2.93%
Sweden
+1.54%
Iceland
+1.28%
Norway
+1.09%
Finland
+0.17%

FAQ

Which countries are Nordic?

The five Nordic countries are Denmark, Finland, Iceland, Norway, and Sweden.

What is the Nordic model?

The Nordic model combines free-market capitalism with a comprehensive welfare state and collective bargaining.