Gross domestic product (GDP) in Sweden
Sweden: Gross domestic product (GDP) was 582.97 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
582.97 billion constant 2015 US$
Change on year
up 1.5%
World rank
23rd
of 209 countries
All-time high
582.97 billion constant 2015 US$
in 2025
All-time low
125.83 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Gross domestic product (GDP) in Sweden, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
In 2025, gross domestic product (gdp) in Sweden stood at 582.97 billion constant 2015 US$. That is the highest value across all 66 years on record.
The figure is up 1.5% on the previous year and up 16.2% over ten years.
Over the whole period, gross domestic product (gdp) in Sweden peaked at 582.97 billion constant 2015 US$ in 2025 and was at its lowest, 125.83 billion constant 2015 US$, in 1960.
That places Sweden 23rd out of 209 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Gross domestic product (GDP) in Sweden, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 125.83 billion constant 2015 US$ | — |
| 1961 | 132.98 billion constant 2015 US$ | +5.7% |
| 1962 | 138.65 billion constant 2015 US$ | +4.3% |
| 1963 | 146.03 billion constant 2015 US$ | +5.3% |
| 1964 | 156.00 billion constant 2015 US$ | +6.8% |
| 1965 | 161.96 billion constant 2015 US$ | +3.8% |
| 1966 | 165.34 billion constant 2015 US$ | +2.1% |
| 1967 | 170.91 billion constant 2015 US$ | +3.4% |
| 1968 | 177.13 billion constant 2015 US$ | +3.6% |
| 1969 | 186.00 billion constant 2015 US$ | +5.0% |
| 1970 | 198.04 billion constant 2015 US$ | +6.5% |
| 1971 | 199.91 billion constant 2015 US$ | +0.9% |
| 1972 | 204.49 billion constant 2015 US$ | +2.3% |
| 1973 | 212.60 billion constant 2015 US$ | +4.0% |
| 1974 | 219.40 billion constant 2015 US$ | +3.2% |
| 1975 | 225.00 billion constant 2015 US$ | +2.6% |
| 1976 | 227.38 billion constant 2015 US$ | +1.1% |
| 1977 | 223.75 billion constant 2015 US$ | -1.6% |
| 1978 | 227.67 billion constant 2015 US$ | +1.8% |
| 1979 | 236.41 billion constant 2015 US$ | +3.8% |
| 1980 | 240.43 billion constant 2015 US$ | +1.7% |
| 1981 | 241.53 billion constant 2015 US$ | +0.5% |
| 1982 | 244.54 billion constant 2015 US$ | +1.2% |
| 1983 | 249.19 billion constant 2015 US$ | +1.9% |
| 1984 | 259.73 billion constant 2015 US$ | +4.2% |
| 1985 | 265.34 billion constant 2015 US$ | +2.2% |
| 1986 | 272.48 billion constant 2015 US$ | +2.7% |
| 1987 | 281.62 billion constant 2015 US$ | +3.4% |
| 1988 | 288.83 billion constant 2015 US$ | +2.6% |
| 1989 | 296.49 billion constant 2015 US$ | +2.7% |
| 1990 | 298.73 billion constant 2015 US$ | +0.8% |
| 1991 | 295.31 billion constant 2015 US$ | -1.1% |
| 1992 | 291.89 billion constant 2015 US$ | -1.2% |
| 1993 | 285.86 billion constant 2015 US$ | -2.1% |
| 1994 | 297.34 billion constant 2015 US$ | +4.0% |
| 1995 | 309.51 billion constant 2015 US$ | +4.1% |
| 1996 | 314.79 billion constant 2015 US$ | +1.7% |
| 1997 | 324.44 billion constant 2015 US$ | +3.1% |
| 1998 | 338.21 billion constant 2015 US$ | +4.2% |
| 1999 | 352.42 billion constant 2015 US$ | +4.2% |
| 2000 | 368.74 billion constant 2015 US$ | +4.6% |
| 2001 | 373.76 billion constant 2015 US$ | +1.4% |
| 2002 | 382.27 billion constant 2015 US$ | +2.3% |
| 2003 | 389.46 billion constant 2015 US$ | +1.9% |
| 2004 | 405.74 billion constant 2015 US$ | +4.2% |
| 2005 | 417.07 billion constant 2015 US$ | +2.8% |
| 2006 | 436.58 billion constant 2015 US$ | +4.7% |
| 2007 | 450.65 billion constant 2015 US$ | +3.2% |
| 2008 | 446.50 billion constant 2015 US$ | -0.9% |
| 2009 | 427.49 billion constant 2015 US$ | -4.3% |
| 2010 | 452.08 billion constant 2015 US$ | +5.8% |
| 2011 | 466.38 billion constant 2015 US$ | +3.2% |
| 2012 | 464.45 billion constant 2015 US$ | -0.4% |
| 2013 | 469.73 billion constant 2015 US$ | +1.1% |
| 2014 | 480.52 billion constant 2015 US$ | +2.3% |
| 2015 | 501.60 billion constant 2015 US$ | +4.4% |
| 2016 | 512.29 billion constant 2015 US$ | +2.1% |
| 2017 | 521.94 billion constant 2015 US$ | +1.9% |
| 2018 | 531.18 billion constant 2015 US$ | +1.8% |
| 2019 | 545.03 billion constant 2015 US$ | +2.6% |
| 2020 | 534.49 billion constant 2015 US$ | -1.9% |
| 2021 | 562.42 billion constant 2015 US$ | +5.2% |
| 2022 | 569.49 billion constant 2015 US$ | +1.3% |
| 2023 | 568.32 billion constant 2015 US$ | -0.2% |
| 2024 | 574.11 billion constant 2015 US$ | +1.0% |
| 2025 | 582.97 billion constant 2015 US$ | +1.5% |
Sweden compared with similar countries
- Sweden's 582.97 billion constant 2015 US$ is above the median for high income countries, which is 76.03 billion constant 2015 US$, 7.7× the median. (80 countries reporting)
- Sweden's 582.97 billion constant 2015 US$ is above the median for Europe & Central Asia, which is 71.17 billion constant 2015 US$, 8.2× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 156.08 billion constant 2015 US$ | 125.83 billion constant 2015 US$ | 186.00 billion constant 2015 US$ | 10 |
| 1970s | 217.47 billion constant 2015 US$ | 198.04 billion constant 2015 US$ | 236.41 billion constant 2015 US$ | 10 |
| 1980s | 264.02 billion constant 2015 US$ | 240.43 billion constant 2015 US$ | 296.49 billion constant 2015 US$ | 10 |
| 1990s | 310.85 billion constant 2015 US$ | 285.86 billion constant 2015 US$ | 352.42 billion constant 2015 US$ | 10 |
| 2000s | 409.83 billion constant 2015 US$ | 368.74 billion constant 2015 US$ | 450.65 billion constant 2015 US$ | 10 |
| 2010s | 494.52 billion constant 2015 US$ | 452.08 billion constant 2015 US$ | 545.03 billion constant 2015 US$ | 10 |
| 2020s | 565.30 billion constant 2015 US$ | 534.49 billion constant 2015 US$ | 582.97 billion constant 2015 US$ | 6 |
Countries ranked near Sweden
- 20 Switzerland 848.58 billion constant 2015 US$ compare
- 21 Poland 681.60 billion constant 2015 US$ compare
- 22 Argentina 609.23 billion constant 2015 US$ compare
- 24 Ireland 572.66 billion constant 2015 US$ compare
- 25 Nigeria 562.59 billion constant 2015 US$ compare
- 26 Belgium 539.12 billion constant 2015 US$ compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 8.03 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 757.39 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 19.15 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -37.67 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0286 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,807 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.58 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Sweden?
- Gross domestic product (gdp) in Sweden was 582.97 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Sweden?
- The highest recorded value was 582.97 billion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Sweden?
- The lowest recorded value was 125.83 billion constant 2015 US$ in 1960.
- How does Sweden rank for gross domestic product (gdp)?
- Sweden ranks 23rd out of 209 countries with data for 2025.
- Is gross domestic product (gdp) rising or falling in Sweden?
- Over the last ten years it is up 16.2%. The long-run trend across the full record is rising.
- Where does this Sweden data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.