GDP per capita in Sweden

Sweden: GDP per capita was 59,587 international-$ in 2021 prices in 2023. ▲ Rising

Latest (2023)
59,587 international-$ in 2021 prices
Change on year
down 0.3%
World rank
20th
of 184 countries
All-time high
60,064 international-$ in 2021 prices
in 2021
All-time low
11,936 international-$ in 2021 prices
in 1950
Years of data
74
1950–2023

GDP per capita in Sweden, 1950–2023

10.0k20.0k30.0k40.0k50.0k60.0k195019862023

Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

Sweden recorded 59,587 international-$ in 2021 prices for gdp per capita in 2023.

Compared with earlier readings it is down 0.3% on the previous year and up 10.5% over ten years.

Over the whole period, gdp per capita in Sweden peaked at 60,064 international-$ in 2021 prices in 2021 and was at its lowest, 11,936 international-$ in 2021 prices, in 1950.

Sweden ranks 20th of 184 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 74 years of available data.

GDP per capita in Sweden, year by year

Annual values for GDP per capita in Sweden, 1950 to 2023.
Year international-$ in 2021 prices Change
1950 11,936 international-$ in 2021 prices —
1951 12,222 international-$ in 2021 prices +2.4%
1952 12,248 international-$ in 2021 prices +0.2%
1953 12,617 international-$ in 2021 prices +3.0%
1954 13,187 international-$ in 2021 prices +4.5%
1955 13,471 international-$ in 2021 prices +2.1%
1956 13,820 international-$ in 2021 prices +2.6%
1957 13,990 international-$ in 2021 prices +1.2%
1958 14,244 international-$ in 2021 prices +1.8%
1959 14,979 international-$ in 2021 prices +5.2%
1960 15,341 international-$ in 2021 prices +2.4%
1961 16,239 international-$ in 2021 prices +5.9%
1962 16,793 international-$ in 2021 prices +3.4%
1963 17,570 international-$ in 2021 prices +4.6%
1964 18,705 international-$ in 2021 prices +6.5%
1965 19,133 international-$ in 2021 prices +2.3%
1966 19,288 international-$ in 2021 prices +0.8%
1967 19,870 international-$ in 2021 prices +3.0%
1968 20,455 international-$ in 2021 prices +2.9%
1969 21,276 international-$ in 2021 prices +4.0%
1970 22,506 international-$ in 2021 prices +5.8%
1971 22,615 international-$ in 2021 prices +0.5%
1972 23,131 international-$ in 2021 prices +2.3%
1973 24,098 international-$ in 2021 prices +4.2%
1974 24,572 international-$ in 2021 prices +2.0%
1975 24,955 international-$ in 2021 prices +1.6%
1976 25,062 international-$ in 2021 prices +0.4%
1977 24,452 international-$ in 2021 prices -2.4%
1978 24,989 international-$ in 2021 prices +2.2%
1979 25,702 international-$ in 2021 prices +2.9%
1980 25,810 international-$ in 2021 prices +0.4%
1981 26,160 international-$ in 2021 prices +1.4%
1982 26,415 international-$ in 2021 prices +1.0%
1983 27,023 international-$ in 2021 prices +2.3%
1984 28,341 international-$ in 2021 prices +4.9%
1985 28,836 international-$ in 2021 prices +1.7%
1986 30,925 international-$ in 2021 prices +7.2%
1987 32,306 international-$ in 2021 prices +4.5%
1988 33,596 international-$ in 2021 prices +4.0%
1989 34,334 international-$ in 2021 prices +2.2%
1990 34,736 international-$ in 2021 prices +1.2%
1991 34,273 international-$ in 2021 prices -1.3%
1992 33,838 international-$ in 2021 prices -1.3%
1993 32,865 international-$ in 2021 prices -2.9%
1994 34,595 international-$ in 2021 prices +5.3%
1995 36,811 international-$ in 2021 prices +6.4%
1996 37,989 international-$ in 2021 prices +3.2%
1997 39,254 international-$ in 2021 prices +3.3%
1998 40,832 international-$ in 2021 prices +4.0%
1999 43,005 international-$ in 2021 prices +5.3%
2000 45,951 international-$ in 2021 prices +6.9%
2001 45,097 international-$ in 2021 prices -1.9%
2002 45,418 international-$ in 2021 prices +0.7%
2003 46,287 international-$ in 2021 prices +1.9%
2004 48,209 international-$ in 2021 prices +4.2%
2005 48,052 international-$ in 2021 prices -0.3%
2006 49,250 international-$ in 2021 prices +2.5%
2007 52,139 international-$ in 2021 prices +5.9%
2008 52,714 international-$ in 2021 prices +1.1%
2009 49,144 international-$ in 2021 prices -6.8%
2010 51,271 international-$ in 2021 prices +4.3%
2011 55,131 international-$ in 2021 prices +7.5%
2012 54,855 international-$ in 2021 prices -0.5%
2013 53,915 international-$ in 2021 prices -1.7%
2014 53,370 international-$ in 2021 prices -1.0%
2015 54,454 international-$ in 2021 prices +2.0%
2016 54,750 international-$ in 2021 prices +0.5%
2017 55,994 international-$ in 2021 prices +2.3%
2018 55,453 international-$ in 2021 prices -1.0%
2019 59,039 international-$ in 2021 prices +6.5%
2020 58,017 international-$ in 2021 prices -1.7%
2021 60,064 international-$ in 2021 prices +3.5%
2022 59,775 international-$ in 2021 prices -0.5%
2023 59,587 international-$ in 2021 prices -0.3%

Sweden compared with similar countries

  • Sweden's 59,587 international-$ in 2021 prices is above the median for high income countries, which is 45,556 international-$ in 2021 prices, 1.3× the median. (66 countries reporting)
  • Sweden's 59,587 international-$ in 2021 prices is above the median for Europe & Central Asia, which is 36,158 international-$ in 2021 prices, 1.6× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 13,271 international-$ in 2021 prices 11,936 international-$ in 2021 prices 14,979 international-$ in 2021 prices 10
1960s 18,467 international-$ in 2021 prices 15,341 international-$ in 2021 prices 21,276 international-$ in 2021 prices 10
1970s 24,208 international-$ in 2021 prices 22,506 international-$ in 2021 prices 25,702 international-$ in 2021 prices 10
1980s 29,375 international-$ in 2021 prices 25,810 international-$ in 2021 prices 34,334 international-$ in 2021 prices 10
1990s 36,820 international-$ in 2021 prices 32,865 international-$ in 2021 prices 43,005 international-$ in 2021 prices 10
2000s 48,226 international-$ in 2021 prices 45,097 international-$ in 2021 prices 52,714 international-$ in 2021 prices 10
2010s 54,823 international-$ in 2021 prices 51,271 international-$ in 2021 prices 59,039 international-$ in 2021 prices 10
2020s 59,361 international-$ in 2021 prices 58,017 international-$ in 2021 prices 60,064 international-$ in 2021 prices 4

Countries ranked near Sweden

  1. 17 Bermuda 62,179 international-$ in 2021 prices compare
  2. 18 Taiwan 61,942 international-$ in 2021 prices compare
  3. 19 Germany 59,983 international-$ in 2021 prices compare
  4. 21 Saudi Arabia 59,042 international-$ in 2021 prices compare
  5. 22 Hong Kong 58,703 international-$ in 2021 prices compare
  6. 23 Belgium 58,123 international-$ in 2021 prices compare

See the full ranking of 184 places →

More economy & growth data for Sweden

All data for Sweden →

Frequently asked questions

What is gdp per capita in Sweden?
Gdp per capita in Sweden was 59,587 international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
What is the highest gdp per capita recorded in Sweden?
The highest recorded value was 60,064 international-$ in 2021 prices in 2021.
What is the lowest gdp per capita recorded in Sweden?
The lowest recorded value was 11,936 international-$ in 2021 prices in 1950.
How does Sweden rank for gdp per capita?
Sweden ranks 20th out of 184 countries with data for 2023.
Is gdp per capita rising or falling in Sweden?
Over the last ten years it is up 10.5%. The long-run trend across the full record is rising.
Where does this Sweden data come from?
The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.

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GDP per capita in Sweden. Statizoid, drawing on Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Retrieved 06 October 2026, from https://economy.statizoid.com/stat/gdp-per-capita-penn-world-table/sweden/

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About this data

Indicator
GDP per capita
Unit
international-$ in 2021 prices
Source
Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.