Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Sweden
Sweden: Gross Domestic Product — Value US$, 2015 prices, annual growth rate was 0.9738 % change on previous year in 2024. ◆ Volatile
Latest (2024)
0.9738 % change on previous year
Change on year
up 413.6%
World rank
192nd
of 236 countries
All-time high
5.94 % change on previous year
in 2021
All-time low
-4.26 % change on previous year
in 2009
Years of data
54
1971–2024
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Sweden, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value us$, 2015 prices, annual growth rate in Sweden stood at 0.9738 % change on previous year.
Compared with earlier readings it is up 413.6% on the previous year and down 57.6% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, annual growth rate in Sweden peaked at 5.94 % change on previous year in 2021 and was at its lowest, -4.26 % change on previous year, in 2009.
Sweden ranks 192nd of 236 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Sweden, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0.9448 % change on previous year | — |
| 1972 | 2.29 % change on previous year | +142.3% |
| 1973 | 3.97 % change on previous year | +73.3% |
| 1974 | 3.2 % change on previous year | -19.4% |
| 1975 | 2.55 % change on previous year | -20.2% |
| 1976 | 1.06 % change on previous year | -58.6% |
| 1977 | -1.6 % change on previous year | -250.9% |
| 1978 | 1.75 % change on previous year | -209.7% |
| 1979 | 3.84 % change on previous year | +119.2% |
| 1980 | 1.7 % change on previous year | -55.7% |
| 1981 | 0.455 % change on previous year | -73.2% |
| 1982 | 1.25 % change on previous year | +174.4% |
| 1983 | 1.9 % change on previous year | +52.2% |
| 1984 | 4.23 % change on previous year | +122.6% |
| 1985 | 2.16 % change on previous year | -48.9% |
| 1986 | 2.69 % change on previous year | +24.6% |
| 1987 | 3.35 % change on previous year | +24.6% |
| 1988 | 2.56 % change on previous year | -23.7% |
| 1989 | 2.65 % change on previous year | +3.7% |
| 1990 | 0.7545 % change on previous year | -71.6% |
| 1991 | -1.15 % change on previous year | -251.9% |
| 1992 | -1.16 % change on previous year | +1.1% |
| 1993 | -2.07 % change on previous year | +78.3% |
| 1994 | 4.02 % change on previous year | -294.4% |
| 1995 | 4.09 % change on previous year | +2.0% |
| 1996 | 1.7 % change on previous year | -58.4% |
| 1997 | 3.06 % change on previous year | +79.8% |
| 1998 | 4.25 % change on previous year | +38.5% |
| 1999 | 4.2 % change on previous year | -1.1% |
| 2000 | 4.63 % change on previous year | +10.2% |
| 2001 | 1.36 % change on previous year | -70.6% |
| 2002 | 2.28 % change on previous year | +67.4% |
| 2003 | 1.88 % change on previous year | -17.4% |
| 2004 | 4.18 % change on previous year | +122.2% |
| 2005 | 2.79 % change on previous year | -33.2% |
| 2006 | 4.68 % change on previous year | +67.4% |
| 2007 | 3.22 % change on previous year | -31.0% |
| 2008 | -0.9231 % change on previous year | -128.6% |
| 2009 | -4.26 % change on previous year | +361.0% |
| 2010 | 5.75 % change on previous year | -235.1% |
| 2011 | 3.16 % change on previous year | -45.0% |
| 2012 | -0.4145 % change on previous year | -113.1% |
| 2013 | 1.14 % change on previous year | -374.5% |
| 2014 | 2.3 % change on previous year | +101.8% |
| 2015 | 4.41 % change on previous year | +92.1% |
| 2016 | 2.35 % change on previous year | -46.7% |
| 2017 | 1.83 % change on previous year | -22.3% |
| 2018 | 1.9 % change on previous year | +4.3% |
| 2019 | 2.55 % change on previous year | +34.0% |
| 2020 | -2.01 % change on previous year | -178.7% |
| 2021 | 5.94 % change on previous year | -396.1% |
| 2022 | 1.46 % change on previous year | -75.4% |
| 2023 | -0.3105 % change on previous year | -121.3% |
| 2024 | 0.9738 % change on previous year | -413.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2 % change on previous year | -1.6 % change on previous year | 3.97 % change on previous year | 9 |
| 1980s | 2.3 % change on previous year | 0.455 % change on previous year | 4.23 % change on previous year | 10 |
| 1990s | 1.77 % change on previous year | -2.07 % change on previous year | 4.25 % change on previous year | 10 |
| 2000s | 1.98 % change on previous year | -4.26 % change on previous year | 4.68 % change on previous year | 10 |
| 2010s | 2.5 % change on previous year | -0.4145 % change on previous year | 5.75 % change on previous year | 10 |
| 2020s | 1.21 % change on previous year | -2.01 % change on previous year | 5.94 % change on previous year | 5 |
Countries ranked near Sweden
- 189 Luxembourg 1.03 % change on previous year compare
- 190 Belgium 1.02 % change on previous year compare
- 191 Netherlands (Kingdom of the) 0.9796 % change on previous year compare
- 193 Afghanistan 0.9209 % change on previous year compare
- 194 Equatorial Guinea 0.9072 % change on previous year compare
- 195 Sao Tome and Principe 0.8999 % change on previous year 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$), annual growth rate 18.58 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, annual growth rate in Sweden?
- Gross domestic product — value us$, 2015 prices, annual growth rate in Sweden was 0.9738 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Sweden?
- The highest recorded value was 5.94 % change on previous year in 2021.
- What is the lowest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Sweden?
- The lowest recorded value was -4.26 % change on previous year in 2009.
- How does Sweden rank for gross domestic product — value us$, 2015 prices, annual growth rate?
- Sweden ranks 192nd out of 236 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices, annual growth rate rising or falling in Sweden?
- Over the last ten years it is down 57.6%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.