Annual GDP growth (%) in Sweden
Sweden: Annual GDP growth (%) was 0.8% in 2024. ◆ Volatile
Annual GDP growth in Sweden, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual gdp growth in Sweden is 0.8%, measured in 2024.
That represents a change of up 501.9% on the previous year and down 64.3% over ten years.
Over the whole period, annual gdp growth in Sweden peaked at 5.8% in 2010 and was at its lowest, -4.3%, in 2009.
That places Sweden 191st out of 230 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Sweden, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.6% | — |
| 2001 | 1.4% | -70.6% |
| 2002 | 2.3% | +67.4% |
| 2003 | 1.9% | -17.4% |
| 2004 | 4.2% | +122.2% |
| 2005 | 2.8% | -33.2% |
| 2006 | 4.7% | +67.4% |
| 2007 | 3.2% | -31.0% |
| 2008 | -0.9% | -128.6% |
| 2009 | -4.3% | +361.0% |
| 2010 | 5.8% | -235.1% |
| 2011 | 3.2% | -45.0% |
| 2012 | -0.4% | -113.1% |
| 2013 | 1.1% | -374.5% |
| 2014 | 2.3% | +101.8% |
| 2015 | 4.4% | +91.1% |
| 2016 | 2.1% | -51.4% |
| 2017 | 1.9% | -11.7% |
| 2018 | 1.8% | -6.0% |
| 2019 | 2.6% | +47.3% |
| 2020 | -1.9% | -174.1% |
| 2021 | 5.2% | -370.2% |
| 2022 | 1.3% | -76.0% |
| 2023 | -0.2% | -116.3% |
| 2024 | 0.8% | -501.9% |
Sweden compared with similar countries
- Sweden's 0.8% is below the median for high income countries, which is 2.1%, 39% of the median. (80 countries reporting)
- Sweden's 0.8% is below the median for Europe & Central Asia, which is 2.6%, 32% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.0% | -4.3% | 4.7% | 10 |
| 2010s | 2.5% | -0.4% | 5.8% | 10 |
| 2020s | 1.0% | -1.9% | 5.2% | 5 |
Countries ranked near Sweden
More economy & growth data for Sweden
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- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.62 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 7.01 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0143 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 903.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.9 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 659.66 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.7 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Sweden?
- Annual gdp growth in Sweden was 0.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Sweden?
- The highest recorded value was 5.8% in 2010.
- What is the lowest annual gdp growth recorded in Sweden?
- The lowest recorded value was -4.3% in 2009.
- How does Sweden rank for annual gdp growth?
- Sweden ranks 191st out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Sweden?
- Over the last ten years it is down 64.3%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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