Annual GDP growth in Sweden
Sweden: Annual GDP growth was 1.0% in 2024. ◆ Volatile
Annual GDP growth in Sweden, 1980–2024
Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.
Analysis
Sweden recorded 1.0% for annual gdp growth in 2024.
The figure is up 599.0% on the previous year and down 55.7% over ten years.
Over the whole period, annual gdp growth in Sweden peaked at 5.8% in 2010 and was at its lowest, -4.3%, in 2009.
Sweden ranks 167th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.1% | 1.4% | 4.6% | 10 |
| 1990s | 1.8% | -1.8% | 4.2% | 10 |
| 2000s | 2.0% | -4.3% | 4.7% | 10 |
| 2010s | 2.5% | -0.4% | 5.8% | 10 |
| 2020s | 1.1% | -1.9% | 5.2% | 5 |
Countries ranked near Sweden
More economy & growth data for Sweden
- External balance on goods and services as a percent of GDP 2.1% (2025)
- Inflation of consumer prices 0.7% (2025)
- GDP per capita 55,014 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 12.5% (2025)
- Gross domestic product (GDP) 582.97 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 55,014 constant 2015 US$ (2025)
- DEC alternative conversion factor 9.82 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -120.18 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -12.24 billion current US$ (2025)
- Taxes less subsidies on products 685.66 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Sweden?
- Annual gdp growth in Sweden was 1.0% in 2024, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
- What is the highest annual gdp growth recorded in Sweden?
- The highest recorded value was 5.8% in 2010.
- What is the lowest annual gdp growth recorded in Sweden?
- The lowest recorded value was -4.3% in 2009.
- How does Sweden rank for annual gdp growth?
- Sweden ranks 167th out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Sweden?
- Over the last ten years it is down 55.7%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual percent change in gross domestic product. This data is adjusted for inflation.