Annual growth of general government final consumption expenditure in Sweden
Sweden: Annual growth of general government final consumption expenditure was 1.49 in 2023. ◆ Volatile
Annual growth of general government final consumption expenditure in Sweden, 2000–2023
Source: Our World in Data.
Analysis
Sweden recorded 1.49 for annual growth of general government final consumption expenditure in 2023.
That represents a change of up 1,246.2% on the previous year and down 6.3% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Sweden peaked at 3.73 in 2016 and was at its lowest, -1.78, in 2020.
That places Sweden 95th out of 167 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Sweden, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -0.77 | — |
| 2001 | 0.17 | -122.1% |
| 2002 | 2.12 | +1147.1% |
| 2003 | 0.55 | -74.1% |
| 2004 | -0.3 | -154.5% |
| 2005 | 0.25 | -183.3% |
| 2006 | 1.61 | +544.0% |
| 2007 | 0.57 | -64.6% |
| 2008 | 1.28 | +124.6% |
| 2009 | 2.25 | +75.8% |
| 2010 | 1.32 | -41.3% |
| 2011 | 0.87 | -34.1% |
| 2012 | 1.1 | +26.4% |
| 2013 | 1.59 | +44.5% |
| 2014 | 1.25 | -21.4% |
| 2015 | 2.18 | +74.4% |
| 2016 | 3.73 | +71.1% |
| 2017 | 0.12 | -96.8% |
| 2018 | 0.82 | +583.3% |
| 2019 | 0.27 | -67.1% |
| 2020 | -1.78 | -759.3% |
| 2021 | 3.27 | -283.7% |
| 2022 | -0.13 | -104.0% |
| 2023 | 1.49 | -1246.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.773 | -0.77 | 2.25 | 10 |
| 2010s | 1.32 | 0.12 | 3.73 | 10 |
| 2020s | 0.7125 | -1.78 | 3.27 | 4 |
Countries ranked near Sweden
More economy & growth data for Sweden
- 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1245 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 7,862 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 1.22 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 77,210 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1167 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 7,370 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 67,555 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 7.46 % change on previous year (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Sweden?
- Annual growth of general government final consumption expenditure in Sweden was 1.49 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Sweden?
- The highest recorded value was 3.73 in 2016.
- What is the lowest annual growth of general government final consumption expenditure recorded in Sweden?
- The lowest recorded value was -1.78 in 2020.
- How does Sweden rank for annual growth of general government final consumption expenditure?
- Sweden ranks 95th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Sweden?
- Over the last ten years it is down 6.3%. 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 growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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