Gross Fixed Capital Formation — Value Standard Local Currency in Sweden
Sweden: Gross Fixed Capital Formation — Value Standard Local Currency was 1.57 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Sweden, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency in Sweden stood at 1.57 million million SLC. That is the highest value across all 55 years on record.
The figure is up 1.2% on the previous year and up 74.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Sweden peaked at 1.57 million million SLC in 2024 and was at its lowest, 55,519 million SLC, in 1970.
That places Sweden 68th out of 230 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Sweden, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 55,519 million SLC | — |
| 1971 | 58,530 million SLC | +5.4% |
| 1972 | 64,782 million SLC | +10.7% |
| 1973 | 71,082 million SLC | +9.7% |
| 1974 | 78,830 million SLC | +10.9% |
| 1975 | 90,184 million SLC | +14.4% |
| 1976 | 103,280 million SLC | +14.5% |
| 1977 | 111,966 million SLC | +8.4% |
| 1978 | 114,961 million SLC | +2.7% |
| 1979 | 131,455 million SLC | +14.3% |
| 1980 | 152,403 million SLC | +15.9% |
| 1981 | 156,722 million SLC | +2.8% |
| 1982 | 170,276 million SLC | +8.6% |
| 1983 | 193,830 million SLC | +13.8% |
| 1984 | 220,951 million SLC | +14.0% |
| 1985 | 251,729 million SLC | +13.9% |
| 1986 | 262,833 million SLC | +4.4% |
| 1987 | 296,645 million SLC | +12.9% |
| 1988 | 338,085 million SLC | +14.0% |
| 1989 | 410,595 million SLC | +21.4% |
| 1990 | 445,340 million SLC | +8.5% |
| 1991 | 427,794 million SLC | -3.9% |
| 1992 | 375,763 million SLC | -12.2% |
| 1993 | 318,107 million SLC | -15.3% |
| 1994 | 339,638 million SLC | +6.8% |
| 1995 | 372,435 million SLC | +9.7% |
| 1996 | 392,436 million SLC | +5.4% |
| 1997 | 404,044 million SLC | +3.0% |
| 1998 | 443,201 million SLC | +9.7% |
| 1999 | 479,935 million SLC | +8.3% |
| 2000 | 524,524 million SLC | +9.3% |
| 2001 | 556,230 million SLC | +6.0% |
| 2002 | 564,885 million SLC | +1.6% |
| 2003 | 570,919 million SLC | +1.1% |
| 2004 | 604,140 million SLC | +5.8% |
| 2005 | 630,398 million SLC | +4.3% |
| 2006 | 703,879 million SLC | +11.7% |
| 2007 | 779,301 million SLC | +10.7% |
| 2008 | 814,865 million SLC | +4.6% |
| 2009 | 734,442 million SLC | -9.9% |
| 2010 | 783,775 million SLC | +6.7% |
| 2011 | 831,008 million SLC | +6.0% |
| 2012 | 829,881 million SLC | -0.1% |
| 2013 | 836,629 million SLC | +0.8% |
| 2014 | 900,341 million SLC | +7.6% |
| 2015 | 984,474 million SLC | +9.3% |
| 2016 | 1.05 million million SLC | +6.8% |
| 2017 | 1.13 million million SLC | +7.2% |
| 2018 | 1.18 million million SLC | +4.6% |
| 2019 | 1.20 million million SLC | +1.8% |
| 2020 | 1.23 million million SLC | +2.7% |
| 2021 | 1.37 million million SLC | +11.2% |
| 2022 | 1.50 million million SLC | +9.5% |
| 2023 | 1.56 million million SLC | +3.7% |
| 2024 | 1.57 million million SLC | +1.2% |
Sweden compared with similar countries
- Sweden's 1.57 million million SLC is above the median for high income countries, which is 36,467 million SLC, 43.2× the median. (73 countries reporting)
- Sweden's 1.57 million million SLC is above the median for Europe & Central Asia, which is 116,713 million SLC, 13.5× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 88,059 million SLC | 55,519 million SLC | 131,455 million SLC | 10 |
| 1980s | 245,407 million SLC | 152,403 million SLC | 410,595 million SLC | 10 |
| 1990s | 399,869 million SLC | 318,107 million SLC | 479,935 million SLC | 10 |
| 2000s | 648,358 million SLC | 524,524 million SLC | 814,865 million SLC | 10 |
| 2010s | 972,539 million SLC | 783,775 million SLC | 1.20 million million SLC | 10 |
| 2020s | 1.45 million million SLC | 1.23 million million SLC | 1.57 million million SLC | 5 |
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)
- SDRs holdings, US dollar, annual growth rate 7.01 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0143 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 903.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.9 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 659.66 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.7 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0067 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Sweden?
- Gross fixed capital formation — value standard local currency in Sweden was 1.57 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Sweden?
- The highest recorded value was 1.57 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Sweden?
- The lowest recorded value was 55,519 million SLC in 1970.
- How does Sweden rank for gross fixed capital formation — value standard local currency?
- Sweden ranks 68th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Sweden?
- Over the last ten years it is up 74.9%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).