Gross value added at basic prices (GVA) (current US$) in Sweden
Sweden: Gross value added at basic prices (GVA) (current US$) 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$, in 1970.
That places Sweden 23rd out of 207 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$) 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
- Real gdp growth, annual growth rate 599.02 % change on previous year (2024)
- 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)
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.
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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.