Gross Domestic Product, GDP in millions constant 2021 international $ in Sweden
Sweden: Gross Domestic Product, GDP in millions constant 2021 international $ was 691,641 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Sweden, 1991–2027
Source: International Labour Organization.
Analysis
Sweden recorded 691,641 for gross domestic product, gdp in millions constant 2021 international $ in 2027. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 1.8% on the previous year and up 14.8% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Sweden peaked at 691,641 in 2027 and was at its lowest, 329,282, in 1993.
Sweden ranks 43rd of 188 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Sweden, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 340,168 | — |
| 1992 | 336,227 | -1.2% |
| 1993 | 329,282 | -2.1% |
| 1994 | 342,504 | +4.0% |
| 1995 | 356,527 | +4.1% |
| 1996 | 362,606 | +1.7% |
| 1997 | 373,719 | +3.1% |
| 1998 | 389,586 | +4.2% |
| 1999 | 405,953 | +4.2% |
| 2000 | 424,753 | +4.6% |
| 2001 | 430,533 | +1.4% |
| 2002 | 440,339 | +2.3% |
| 2003 | 448,622 | +1.9% |
| 2004 | 467,372 | +4.2% |
| 2005 | 480,426 | +2.8% |
| 2006 | 502,891 | +4.7% |
| 2007 | 519,109 | +3.2% |
| 2008 | 514,317 | -0.9% |
| 2009 | 492,430 | -4.3% |
| 2010 | 520,748 | +5.8% |
| 2011 | 537,224 | +3.2% |
| 2012 | 534,997 | -0.4% |
| 2013 | 541,084 | +1.1% |
| 2014 | 553,506 | +2.3% |
| 2015 | 577,917 | +4.4% |
| 2016 | 591,496 | +2.3% |
| 2017 | 602,292 | +1.8% |
| 2018 | 613,753 | +1.9% |
| 2019 | 629,402 | +2.5% |
| 2020 | 617,229 | -1.9% |
| 2021 | 649,486 | +5.2% |
| 2022 | 657,637 | +1.3% |
| 2023 | 656,295 | -0.2% |
| 2024 | 661,677 | +0.8% |
| 2025 | 666,639 | +0.7% |
| 2026 | 679,519 | +1.9% |
| 2027 | 691,641 | +1.8% |
Sweden compared with similar countries
- Sweden's 691,641 is above the median for high income countries, which is 390,765, 1.8× the median. (62 countries reporting)
- Sweden's 691,641 is above the median for Europe & Central Asia, which is 367,047, 1.9× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 359,619 | 329,282 | 405,953 | 9 |
| 2000s | 472,079 | 424,753 | 519,109 | 10 |
| 2010s | 570,242 | 520,748 | 629,402 | 10 |
| 2020s | 660,015 | 617,229 | 691,641 | 8 |
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)
- 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 millions constant 2021 international $ in Sweden?
- Gross domestic product, gdp in millions constant 2021 international $ in Sweden was 691,641 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Sweden?
- The highest recorded value was 691,641 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Sweden?
- The lowest recorded value was 329,282 in 1993.
- How does Sweden rank for gross domestic product, gdp in millions constant 2021 international $?
- Sweden ranks 43rd out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Sweden?
- Over the last ten years it is up 14.8%. The long-run trend across the full record is rising.
- Where does this Sweden data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.