Gross National Income — Value Standard Local Currency, annual growth in Sweden
Sweden: Gross National Income — Value Standard Local Currency, annual growth was 5.21 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Sweden, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Sweden recorded 5.21 % change on previous year for gross national income — value standard local currency, annual growth in 2023.
Compared with earlier readings it is down 30.9% on the previous year and up 145.8% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Sweden peaked at 17.42 % change on previous year in 1975 and was at its lowest, -3.05 % change on previous year, in 2009.
That places Sweden 170th out of 231 countries with data for 2023, 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 National Income — Value Standard Local Currency, annual growth in Sweden, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.26 % change on previous year | — |
| 1972 | 9.51 % change on previous year | +15.0% |
| 1973 | 11.46 % change on previous year | +20.5% |
| 1974 | 12.89 % change on previous year | +12.5% |
| 1975 | 17.42 % change on previous year | +35.2% |
| 1976 | 12.95 % change on previous year | -25.7% |
| 1977 | 8.42 % change on previous year | -35.0% |
| 1978 | 11.3 % change on previous year | +34.3% |
| 1979 | 12.16 % change on previous year | +7.5% |
| 1980 | 14.02 % change on previous year | +15.3% |
| 1981 | 8.79 % change on previous year | -37.3% |
| 1982 | 8.89 % change on previous year | +1.2% |
| 1983 | 11.75 % change on previous year | +32.1% |
| 1984 | 12.24 % change on previous year | +4.2% |
| 1985 | 8.68 % change on previous year | -29.1% |
| 1986 | 9.78 % change on previous year | +12.7% |
| 1987 | 8.68 % change on previous year | -11.2% |
| 1988 | 9.22 % change on previous year | +6.3% |
| 1989 | 10.59 % change on previous year | +14.9% |
| 1990 | 9.65 % change on previous year | -8.9% |
| 1991 | 6.29 % change on previous year | -34.8% |
| 1992 | -1.4 % change on previous year | -122.3% |
| 1993 | -0.4797 % change on previous year | -65.8% |
| 1994 | 8.37 % change on previous year | -1845.7% |
| 1995 | 8.46 % change on previous year | +1.0% |
| 1996 | 2.75 % change on previous year | -67.5% |
| 1997 | 4.7 % change on previous year | +70.7% |
| 1998 | 5.67 % change on previous year | +20.6% |
| 1999 | 7.42 % change on previous year | +30.9% |
| 2000 | 6.51 % change on previous year | -12.2% |
| 2001 | 4.01 % change on previous year | -38.5% |
| 2002 | 4.16 % change on previous year | +3.8% |
| 2003 | 5.21 % change on previous year | +25.3% |
| 2004 | 3.46 % change on previous year | -33.6% |
| 2005 | 4.41 % change on previous year | +27.5% |
| 2006 | 7.81 % change on previous year | +77.2% |
| 2007 | 6.68 % change on previous year | -14.5% |
| 2008 | 2.88 % change on previous year | -56.9% |
| 2009 | -3.05 % change on previous year | -205.8% |
| 2010 | 7.4 % change on previous year | -342.8% |
| 2011 | 3.63 % change on previous year | -51.0% |
| 2012 | 0.6028 % change on previous year | -83.4% |
| 2013 | 2.12 % change on previous year | +251.7% |
| 2014 | 3.96 % change on previous year | +86.8% |
| 2015 | 5.32 % change on previous year | +34.3% |
| 2016 | 3.57 % change on previous year | -32.8% |
| 2017 | 5.3 % change on previous year | +48.3% |
| 2018 | 4.97 % change on previous year | -6.2% |
| 2019 | 6.16 % change on previous year | +24.0% |
| 2020 | 0.3578 % change on previous year | -94.2% |
| 2021 | 9.43 % change on previous year | +2537.1% |
| 2022 | 7.54 % change on previous year | -20.1% |
| 2023 | 5.21 % change on previous year | -30.9% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth in Sweden changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +2537.1% | 0.3578 % change on previous year | 9.43 % change on previous year |
| 1994 | +1845.7% | -0.4797 % change on previous year | 8.37 % change on previous year |
| 2010 | +342.8% | -3.05 % change on previous year | 7.4 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.6 % change on previous year | 8.26 % change on previous year | 17.42 % change on previous year | 9 |
| 1980s | 10.26 % change on previous year | 8.68 % change on previous year | 14.02 % change on previous year | 10 |
| 1990s | 5.14 % change on previous year | -1.4 % change on previous year | 9.65 % change on previous year | 10 |
| 2000s | 4.21 % change on previous year | -3.05 % change on previous year | 7.81 % change on previous year | 10 |
| 2010s | 4.3 % change on previous year | 0.6028 % change on previous year | 7.4 % change on previous year | 10 |
| 2020s | 5.64 % change on previous year | 0.3578 % change on previous year | 9.43 % change on previous year | 4 |
Countries ranked near Sweden
- 167 France 5.34 % change on previous year compare
- 168 Ethiopia PDR 5.28 % change on previous year compare
- 169 Costa Rica 5.28 % change on previous year compare
- 171 United States 5.12 % change on previous year compare
- 172 Burkina Faso 5.09 % change on previous year compare
- 173 Australia 5.07 % 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 national income — value standard local currency, annual growth in Sweden?
- Gross national income — value standard local currency, annual growth in Sweden was 5.21 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Sweden?
- The highest recorded value was 17.42 % change on previous year in 1975.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Sweden?
- The lowest recorded value was -3.05 % change on previous year in 2009.
- How does Sweden rank for gross national income — value standard local currency, annual growth?
- Sweden ranks 170th out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Sweden?
- Over the last ten years it is up 145.8%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency 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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.