Annual gdp growth in Sweden
Sweden: Annual gdp growth was -0.31 in 2023. ◆ Volatile
Latest (2023)
-0.31
Change on year
down 121.2%
World rank
186th
of 211 countries
All-time high
5.94
in 2021
All-time low
-4.26
in 2009
Years of data
24
2000–2023
Annual gdp growth in Sweden, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Sweden is -0.31, measured in 2023.
That represents a change of down 121.2% on the previous year and down 127.2% over ten years.
Over the whole period, annual gdp growth in Sweden peaked at 5.94 in 2021 and was at its lowest, -4.26, in 2009.
Sweden ranks 186th of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.98 | -4.26 | 4.68 | 10 |
| 2010s | 2.5 | -0.41 | 5.75 | 10 |
| 2020s | 1.27 | -2.01 | 5.94 | 4 |
Countries ranked near Sweden
More economy & growth data for Sweden
- External balance on goods and services as a percent of gdp 2.12 (2025)
- Inflation of consumer prices 0.6799 (2025)
- Gdp per capita worldbank constant usd 55,014 (2025)
- Manufacturing value added to gdp 12.45 (2025)
- Gdp worldbank constant usd 582.97 billion (2025)
- Gdp per capita in international and market dollars 55,014 (2025)
- DEC alternative conversion factor 9.82 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -120.18 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -12.24 billion current US$ (2025)
- Taxes less subsidies on products 685.66 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Sweden?
- Annual gdp growth in Sweden was -0.31 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Sweden?
- The highest recorded value was 5.94 in 2021.
- What is the lowest annual gdp growth recorded in Sweden?
- The lowest recorded value was -4.26 in 2009.
- How does Sweden rank for annual gdp growth?
- Sweden ranks 186th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Sweden?
- Over the last ten years it is down 127.2%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).