Why is Scandinavia so expensive? | CNBC Explains

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  • Published on:  Thursday, May 24, 2018
  • Across Scandinavia, the average price of everything from a knitted roll neck to pastries from the local bakery are some of the highest in the world. So what makes the region so expensive? CNBC's Tom Chitty reports.


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  • Source: https://youtu.be/-VJX2W3O9Ek


  • Opochtli


     15 hours ago

    And the title for most overpriced country:

  • Miguel


     2 days ago

    Iceland is the most expensive not the Scandinavian countries mentioned .

  • Bikini ActiveWear History

    Bikini ActiveWear History

     3 days ago

    Haute Couture capital

  • Anindita Saktiaji

    Anindita Saktiaji

     5 days ago

    They used to get all of their stuff by raiding. And raiding is expensive...

  • MrViMichael


     5 days ago +1

    I always thought Finland also belongs to scandinavia???

  • UBAD2


     6 days ago

    Regarding the happiness of the Swedish people, there's an old saying you can't miss what you don't have you can't miss what you never had or experience. And that's what makes them happy.

  • sdnalyam


     6 days ago

    Smart people earn money in these countries and spend in cheaper countries.

  • Douglas Lee

    Douglas Lee

     6 days ago +1

    Beautiful country but thank. Goodness I don't live there. I thought living in Los Angeles was expensive!

  • Dinar Khomsyah

    Dinar Khomsyah

     7 days ago

    Hope one day i can go there for vacation with my hub n future child 😍🤗

  • Sigma Geranimo

    Sigma Geranimo

     7 days ago

    everything import

  • Johan Å

    Johan Å

     7 days ago +2

    Well, thats why we have a fair medical insurance for everyone. Not only for the wealthy ones. Like US

  • Rasmus Bergström

    Rasmus Bergström

     7 days ago

    I live in sweden i work in a warehouse and I still get 3200 dollar after taxes each month

  • Marco Greco

    Marco Greco

     7 days ago


    Fucking cringe

  • Matthew Bradley

    Matthew Bradley

     7 days ago

    so a pizza in Denmark is like 100 dollars

  • Clothes Hub

    Clothes Hub

     7 days ago


  • Empress Atheism

    Empress Atheism

     7 days ago +4

    I wanna live and marryy someone from scandinavia

  • jonte M

    jonte M

     7 days ago

    Also if you want to run a successful welfare state you cant import more people than you put to work. Take lessons from Sweden.

  • Juju Rellama

    Juju Rellama

     14 days ago

    Germany is spending its pension funds, which Germans paid for, on migrants. Sweden’s naivety wont last another 10 years

  • Adolfo Roman

    Adolfo Roman

     14 days ago

    high prices in relation to whom??? is scandinavia totally disconnected from africa in its chain of supply?

  • kishan trivedi

    kishan trivedi

     14 days ago +2

    In my opinion; Scandinavian countries (Also Finland) are the epitome of European society, and the peak of human civilization! Their way if life should be followed in the rest of the world.

    Very blessed are the people who are born here.