The Scandinavian country topped Asher & Lyric's list of the safest (and most dangerous) countries to travel to as part of their LGBTQ+ Danger Index.
Canada and Norway fall into second place, whilst Portugal and Belgium complete the top five with over 300 points each.
United Kingdom, Finland, France, Iceland and Spain complete the top 10.
Asher & Lyric said: "To measure LGBTQ+ safety abroad, one cannot look only at data on whether or not same-sex marriage is legal and if anti-LGBTQ+ discrimination laws are in place. It also depends on the general attitude of the culture, minutiae of the legal system, and oppression of LGBTQ+ rights. These issues can affect everything, from your ability to show public displays of affection to being able to share a hotel room bed to the capacity at which you can use dating apps without being caught by the local police. A few items on our list, such as adoption recognition and worker protections may not affect LGBTQ+ travellers directly, but these factors are a good indication of overall attitudes within the culture."
Meanwhile, Nigeria, Qatar and Yemen were named as the least safe countries to travel to if you are LGBTQ+.