Gross value added at basic prices (GVA) in Sweden
Sweden: Gross value added at basic prices (GVA) was 599.18 billion current US$ in 2025. ◆ Volatile
Latest (2025)
599.18 billion current US$
Change on year
up 10.6%
World rank
23rd
of 207 countries
All-time high
599.18 billion current US$
in 2025
All-time low
32.90 billion current US$
in 1970
Years of data
56
1970–2025
Gross value added at basic prices (GVA) in Sweden, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross value added at basic prices (gva) in Sweden stood at 599.18 billion current US$. That is the highest value across all 56 years on record.
The figure is up 10.6% on the previous year and up 34.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Sweden peaked at 599.18 billion current US$ in 2025 and was at its lowest, 32.90 billion current US$, in 1970.
That places Sweden 23rd out of 207 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Sweden, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 32.90 billion current US$ | — |
| 1971 | 36.31 billion current US$ | +10.4% |
| 1972 | 42.06 billion current US$ | +15.8% |
| 1973 | 51.34 billion current US$ | +22.0% |
| 1974 | 59.62 billion current US$ | +16.1% |
| 1975 | 74.15 billion current US$ | +24.4% |
| 1976 | 79.90 billion current US$ | +7.8% |
| 1977 | 83.93 billion current US$ | +5.0% |
| 1978 | 91.73 billion current US$ | +9.3% |
| 1979 | 108.73 billion current US$ | +18.5% |
| 1980 | 129.46 billion current US$ | +19.1% |
| 1981 | 117.56 billion current US$ | -9.2% |
| 1982 | 103.62 billion current US$ | -11.9% |
| 1983 | 95.00 billion current US$ | -8.3% |
| 1984 | 98.43 billion current US$ | +3.6% |
| 1985 | 102.18 billion current US$ | +3.8% |
| 1986 | 134.54 billion current US$ | +31.7% |
| 1987 | 162.50 billion current US$ | +20.8% |
| 1988 | 183.50 billion current US$ | +12.9% |
| 1989 | 193.19 billion current US$ | +5.3% |
| 1990 | 230.34 billion current US$ | +19.2% |
| 1991 | 236.35 billion current US$ | +2.6% |
| 1992 | 247.36 billion current US$ | +4.7% |
| 1993 | 184.51 billion current US$ | -25.4% |
| 1994 | 198.96 billion current US$ | +7.8% |
| 1995 | 234.65 billion current US$ | +17.9% |
| 1996 | 257.93 billion current US$ | +9.9% |
| 1997 | 237.29 billion current US$ | -8.0% |
| 1998 | 239.41 billion current US$ | +0.9% |
| 1999 | 242.66 billion current US$ | +1.4% |
| 2000 | 233.71 billion current US$ | -3.7% |
| 2001 | 215.46 billion current US$ | -7.8% |
| 2002 | 237.20 billion current US$ | +10.1% |
| 2003 | 296.33 billion current US$ | +24.9% |
| 2004 | 341.69 billion current US$ | +15.3% |
| 2005 | 346.69 billion current US$ | +1.5% |
| 2006 | 374.61 billion current US$ | +8.1% |
| 2007 | 434.48 billion current US$ | +16.0% |
| 2008 | 455.36 billion current US$ | +4.8% |
| 2009 | 382.90 billion current US$ | -15.9% |
| 2010 | 434.43 billion current US$ | +13.5% |
| 2011 | 505.18 billion current US$ | +16.3% |
| 2012 | 487.40 billion current US$ | -3.5% |
| 2013 | 517.77 billion current US$ | +6.2% |
| 2014 | 512.88 billion current US$ | -0.9% |
| 2015 | 445.30 billion current US$ | -13.2% |
| 2016 | 453.79 billion current US$ | +1.9% |
| 2017 | 473.40 billion current US$ | +4.3% |
| 2018 | 486.01 billion current US$ | +2.7% |
| 2019 | 470.76 billion current US$ | -3.1% |
| 2020 | 482.56 billion current US$ | +2.5% |
| 2021 | 559.91 billion current US$ | +16.0% |
| 2022 | 509.99 billion current US$ | -8.9% |
| 2023 | 517.24 billion current US$ | +1.4% |
| 2024 | 541.71 billion current US$ | +4.7% |
| 2025 | 599.18 billion current US$ | +10.6% |
Sweden compared with similar countries
- Sweden's 599.18 billion current US$ is above the median for high income countries, which is 110.20 billion current US$, 5.4× the median. (77 countries reporting)
- Sweden's 599.18 billion current US$ is above the median for Europe & Central Asia, which is 89.25 billion current US$, 6.7× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 66.07 billion current US$ | 32.90 billion current US$ | 108.73 billion current US$ | 10 |
| 1980s | 132.00 billion current US$ | 95.00 billion current US$ | 193.19 billion current US$ | 10 |
| 1990s | 230.95 billion current US$ | 184.51 billion current US$ | 257.93 billion current US$ | 10 |
| 2000s | 331.84 billion current US$ | 215.46 billion current US$ | 455.36 billion current US$ | 10 |
| 2010s | 478.69 billion current US$ | 434.43 billion current US$ | 517.77 billion current US$ | 10 |
| 2020s | 535.10 billion current US$ | 482.56 billion current US$ | 599.18 billion current US$ | 6 |
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$), annual growth rate 18.58 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Sweden?
- Gross value added at basic prices (gva) in Sweden was 599.18 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Sweden?
- The highest recorded value was 599.18 billion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Sweden?
- The lowest recorded value was 32.90 billion current US$ in 1970.
- How does Sweden rank for gross value added at basic prices (gva)?
- Sweden ranks 23rd out of 207 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Sweden?
- Over the last ten years it is up 34.6%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.