Real gdp growth in Sweden
Sweden: Real gdp growth was 1.02 in 2024. ◆ Volatile
Latest (2024)
1.02
Change on year
up 599.0%
World rank
167th
of 196 countries
All-time high
5.75
in 2010
All-time low
-4.26
in 2009
Years of data
45
1980–2024
Real gdp growth in Sweden, 1980–2024
Source: Our World in Data.
Analysis
Sweden recorded 1.02 for real 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, real gdp growth in Sweden peaked at 5.75 in 2010 and was at its lowest, -4.26, 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.
Real gdp growth in Sweden, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 4.55 | — |
| 1981 | 4.54 | -0.3% |
| 1982 | 1.4 | -69.2% |
| 1983 | 1.96 | +39.8% |
| 1984 | 4.33 | +121.6% |
| 1985 | 2.3 | -46.8% |
| 1986 | 3.1 | +34.6% |
| 1987 | 3.44 | +10.9% |
| 1988 | 2.54 | -26.0% |
| 1989 | 2.56 | +0.7% |
| 1990 | 0.474 | -81.5% |
| 1991 | -1.13 | -338.0% |
| 1992 | -1.06 | -6.0% |
| 1993 | -1.83 | +72.4% |
| 1994 | 4.02 | -319.8% |
| 1995 | 4.09 | +1.9% |
| 1996 | 1.71 | -58.4% |
| 1997 | 3.06 | +79.8% |
| 1998 | 4.25 | +38.5% |
| 1999 | 4.2 | -1.1% |
| 2000 | 4.63 | +10.2% |
| 2001 | 1.36 | -70.6% |
| 2002 | 2.28 | +67.4% |
| 2003 | 1.88 | -17.4% |
| 2004 | 4.18 | +122.2% |
| 2005 | 2.79 | -33.2% |
| 2006 | 4.68 | +67.4% |
| 2007 | 3.23 | -31.0% |
| 2008 | -0.923 | -128.6% |
| 2009 | -4.26 | +361.1% |
| 2010 | 5.75 | -235.1% |
| 2011 | 3.16 | -45.0% |
| 2012 | -0.414 | -113.1% |
| 2013 | 1.14 | -374.9% |
| 2014 | 2.3 | +101.8% |
| 2015 | 4.39 | +91.1% |
| 2016 | 2.13 | -51.4% |
| 2017 | 1.88 | -11.6% |
| 2018 | 1.77 | -6.0% |
| 2019 | 2.61 | +47.3% |
| 2020 | -1.93 | -174.2% |
| 2021 | 5.23 | -370.2% |
| 2022 | 1.25 | -76.0% |
| 2023 | -0.204 | -116.3% |
| 2024 | 1.02 | -599.0% |
Sweden compared with similar countries
- Sweden's 1.02 is below the median for high income countries, which is 2.4, 42% of the median. (67 countries reporting)
- Sweden's 1.02 is below the median for Europe & Central Asia, which is 2.55, 40% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.07 | 1.4 | 4.55 | 10 |
| 1990s | 1.78 | -1.83 | 4.25 | 10 |
| 2000s | 1.98 | -4.26 | 4.68 | 10 |
| 2010s | 2.47 | -0.414 | 5.75 | 10 |
| 2020s | 1.07 | -1.93 | 5.23 | 5 |
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 real gdp growth in Sweden?
- Real gdp growth in Sweden was 1.02 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Sweden?
- The highest recorded value was 5.75 in 2010.
- What is the lowest real gdp growth recorded in Sweden?
- The lowest recorded value was -4.26 in 2009.
- How does Sweden rank for real gdp growth?
- Sweden ranks 167th out of 196 countries with data for 2024.
- Is real 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 Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
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