Gross domestic product (GDP) in Sweden
Sweden: Gross domestic product (GDP) was 671.43 billion international-$ in 2021 prices in 2025. ▲ Rising
Gross domestic product (GDP) in Sweden, 1990–2025
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Sweden is 671.43 billion international-$ in 2021 prices, measured in 2025. That is the highest value across all 36 years on record.
That represents a change of 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 671.43 billion international-$ in 2021 prices in 2025 and was at its lowest, 329.24 billion international-$ in 2021 prices, in 1993.
Sweden ranks 41st of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Gross domestic product (GDP) in Sweden, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1990 | 344.06 billion international-$ in 2021 prices | — |
| 1991 | 340.12 billion international-$ in 2021 prices | -1.1% |
| 1992 | 336.18 billion international-$ in 2021 prices | -1.2% |
| 1993 | 329.24 billion international-$ in 2021 prices | -2.1% |
| 1994 | 342.46 billion international-$ in 2021 prices | +4.0% |
| 1995 | 356.48 billion international-$ in 2021 prices | +4.1% |
| 1996 | 362.56 billion international-$ in 2021 prices | +1.7% |
| 1997 | 373.67 billion international-$ in 2021 prices | +3.1% |
| 1998 | 389.53 billion international-$ in 2021 prices | +4.2% |
| 1999 | 405.90 billion international-$ in 2021 prices | +4.2% |
| 2000 | 424.69 billion international-$ in 2021 prices | +4.6% |
| 2001 | 430.47 billion international-$ in 2021 prices | +1.4% |
| 2002 | 440.28 billion international-$ in 2021 prices | +2.3% |
| 2003 | 448.56 billion international-$ in 2021 prices | +1.9% |
| 2004 | 467.31 billion international-$ in 2021 prices | +4.2% |
| 2005 | 480.36 billion international-$ in 2021 prices | +2.8% |
| 2006 | 502.82 billion international-$ in 2021 prices | +4.7% |
| 2007 | 519.04 billion international-$ in 2021 prices | +3.2% |
| 2008 | 514.25 billion international-$ in 2021 prices | -0.9% |
| 2009 | 492.36 billion international-$ in 2021 prices | -4.3% |
| 2010 | 520.68 billion international-$ in 2021 prices | +5.8% |
| 2011 | 537.15 billion international-$ in 2021 prices | +3.2% |
| 2012 | 534.92 billion international-$ in 2021 prices | -0.4% |
| 2013 | 541.01 billion international-$ in 2021 prices | +1.1% |
| 2014 | 553.43 billion international-$ in 2021 prices | +2.3% |
| 2015 | 577.72 billion international-$ in 2021 prices | +4.4% |
| 2016 | 590.03 billion international-$ in 2021 prices | +2.1% |
| 2017 | 601.14 billion international-$ in 2021 prices | +1.9% |
| 2018 | 611.78 billion international-$ in 2021 prices | +1.8% |
| 2019 | 627.74 billion international-$ in 2021 prices | +2.6% |
| 2020 | 615.60 billion international-$ in 2021 prices | -1.9% |
| 2021 | 647.77 billion international-$ in 2021 prices | +5.2% |
| 2022 | 655.90 billion international-$ in 2021 prices | +1.3% |
| 2023 | 654.56 billion international-$ in 2021 prices | -0.2% |
| 2024 | 661.22 billion international-$ in 2021 prices | +1.0% |
| 2025 | 671.43 billion international-$ in 2021 prices | +1.5% |
Sweden compared with similar countries
- Sweden's 671.43 billion international-$ in 2021 prices is above the median for high income countries, which is 209.44 billion international-$ in 2021 prices, 3.2× the median. (74 countries reporting)
- Sweden's 671.43 billion international-$ in 2021 prices is above the median for Europe & Central Asia, which is 249.10 billion international-$ in 2021 prices, 2.7× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 358.02 billion international-$ in 2021 prices | 329.24 billion international-$ in 2021 prices | 405.90 billion international-$ in 2021 prices | 10 |
| 2000s | 472.02 billion international-$ in 2021 prices | 424.69 billion international-$ in 2021 prices | 519.04 billion international-$ in 2021 prices | 10 |
| 2010s | 569.56 billion international-$ in 2021 prices | 520.68 billion international-$ in 2021 prices | 627.74 billion international-$ in 2021 prices | 10 |
| 2020s | 651.08 billion international-$ in 2021 prices | 615.60 billion international-$ in 2021 prices | 671.43 billion international-$ in 2021 prices | 6 |
Countries ranked near Sweden
- 38 Belgium 758.16 billion international-$ in 2021 prices compare
- 39 Algeria 753.40 billion international-$ in 2021 prices compare
- 40 Ireland 720.31 billion international-$ in 2021 prices compare
- 42 Chile 612.95 billion international-$ in 2021 prices compare
- 43 Ukraine 590.01 billion international-$ in 2021 prices compare
- 44 Austria 589.05 billion international-$ in 2021 prices 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$), annual growth rate 18.58 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Sweden?
- Gross domestic product (gdp) in Sweden was 671.43 billion international-$ in 2021 prices in 2025, according to Eurostat, OECD, IMF, and World Bank (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 671.43 billion international-$ in 2021 prices in 2025.
- What is the lowest gross domestic product (gdp) recorded in Sweden?
- The lowest recorded value was 329.24 billion international-$ in 2021 prices in 1993.
- How does Sweden rank for gross domestic product (gdp)?
- Sweden ranks 41st out of 198 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 Eurostat, OECD, IMF, and World Bank (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.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.