Gross domestic expenditure on R&D by sector of performance and in Sweden
Sweden: Gross domestic expenditure on R&D by sector of performance and was 23,001 US dollars, PPP converted in 2023. ▲ Rising
Gross domestic expenditure on R&D by sector of performance and in Sweden, 1981–2023
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.
Analysis
Sweden recorded 23,001 US dollars, PPP converted for gross domestic expenditure on r&d by sector of performance and in 2023. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 6.8% on the previous year and up 34.5% over ten years.
Over the whole period, gross domestic expenditure on r&d by sector of performance and in Sweden peaked at 23,001 US dollars, PPP converted in 2023 and was at its lowest, 5,455 US dollars, PPP converted, in 1981.
Sweden ranks 10th of 30 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Gross domestic expenditure on R&D by sector of performance and in Sweden, year by year
| Year | US dollars, PPP converted | Change |
|---|---|---|
| 1981 | 5,455 US dollars, PPP converted | — |
| 1983 | 6,268 US dollars, PPP converted | +14.9% |
| 1985 | 7,519 US dollars, PPP converted | +20.0% |
| 1987 | 8,256 US dollars, PPP converted | +9.8% |
| 1989 | 8,522 US dollars, PPP converted | +3.2% |
| 1991 | 8,280 US dollars, PPP converted | -2.8% |
| 1993 | 9,411 US dollars, PPP converted | +13.7% |
| 1995 | 10,662 US dollars, PPP converted | +13.3% |
| 1997 | 11,805 US dollars, PPP converted | +10.7% |
| 1999 | 13,237 US dollars, PPP converted | +12.1% |
| 2001 | 16,091 US dollars, PPP converted | +21.6% |
| 2003 | 15,512 US dollars, PPP converted | -3.6% |
| 2004 | 15,185 US dollars, PPP converted | -2.1% |
| 2005 | 15,600 US dollars, PPP converted | +2.7% |
| 2007 | 16,242 US dollars, PPP converted | +4.1% |
| 2009 | 16,220 US dollars, PPP converted | -0.1% |
| 2010 | 16,021 US dollars, PPP converted | -1.2% |
| 2011 | 16,628 US dollars, PPP converted | +3.8% |
| 2012 | 16,763 US dollars, PPP converted | +0.8% |
| 2013 | 17,107 US dollars, PPP converted | +2.0% |
| 2014 | 16,693 US dollars, PPP converted | -2.4% |
| 2015 | 18,077 US dollars, PPP converted | +8.3% |
| 2016 | 18,590 US dollars, PPP converted | +2.8% |
| 2017 | 19,727 US dollars, PPP converted | +6.1% |
| 2019 | 20,643 US dollars, PPP converted | +4.6% |
| 2021 | 21,544 US dollars, PPP converted | +4.4% |
| 2023 | 23,001 US dollars, PPP converted | +6.8% |
Sweden compared with similar countries
- Sweden's 23,001 US dollars, PPP converted is above the median for high income countries, which is 8,279 US dollars, PPP converted, 2.8× the median. (25 countries reporting)
- Sweden's 23,001 US dollars, PPP converted is above the median for Europe & Central Asia, which is 7,972 US dollars, PPP converted, 2.9× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7,204 US dollars, PPP converted | 5,455 US dollars, PPP converted | 8,522 US dollars, PPP converted | 5 |
| 1990s | 10,679 US dollars, PPP converted | 8,280 US dollars, PPP converted | 13,237 US dollars, PPP converted | 5 |
| 2000s | 15,808 US dollars, PPP converted | 15,185 US dollars, PPP converted | 16,242 US dollars, PPP converted | 6 |
| 2010s | 17,806 US dollars, PPP converted | 16,021 US dollars, PPP converted | 20,643 US dollars, PPP converted | 9 |
| 2020s | 22,272 US dollars, PPP converted | 21,544 US dollars, PPP converted | 23,001 US dollars, PPP converted | 2 |
Countries ranked near Sweden
- 7 Spain 32,358 US dollars, PPP converted compare
- 8 Israel 30,586 US dollars, PPP converted compare
- 8 Croatia 1,996 US dollars, PPP converted compare
- 9 Slovenia 1,635 US dollars, PPP converted compare
- 9 Australia 26,905 US dollars, PPP converted compare
- 10 Lithuania 1,328 US dollars, PPP converted compare
- 11 Switzerland 22,104 US dollars, PPP converted compare
- 11 Estonia 1,030 US dollars, PPP converted compare
- 12 Austria 18,446 US dollars, PPP converted compare
- 12 Latvia 550.95 US dollars, PPP converted compare
- 13 Denmark 12,064 US dollars, PPP converted 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 expenditure on r&d by sector of performance and in Sweden?
- Gross domestic expenditure on r&d by sector of performance and in Sweden was 23,001 US dollars, PPP converted in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest gross domestic expenditure on r&d by sector of performance and recorded in Sweden?
- The highest recorded value was 23,001 US dollars, PPP converted in 2023.
- What is the lowest gross domestic expenditure on r&d by sector of performance and recorded in Sweden?
- The lowest recorded value was 5,455 US dollars, PPP converted in 1981.
- How does Sweden rank for gross domestic expenditure on r&d by sector of performance and?
- Sweden ranks 10th out of 30 countries with data for 2023.
- Is gross domestic expenditure on r&d by sector of performance and rising or falling in Sweden?
- Over the last ten years it is up 34.5%. The long-run trend across the full record is rising.
- Where does this Sweden data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Gross domestic expenditure on R&D by sector of performance and socio-economic objectives — Gross Domestic Expenditure on R&D (GERD). Statizoid updates them automatically from the source API.
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About this data
This table contains data on Gross domestic expenditure on R&D (GERD) by socio-economic objective (SEO), using the NABS 2007 classification i.e.: Exploration and exploitation of the Earth, Environment, Exploration and exploitation of space, Transport, telecommunication and other infrastructures, Energy, Industrial production and technology, Health, Agriculture, Education, Culture, recreation, religion and mass media, Political and social systems, structures and processes, General advancement of knowledge, and Defence.