Value Added (Total Manufacturing) — Share of GDP US$ in Sweden

Sweden: Value Added (Total Manufacturing) — Share of GDP US$ was 14.19 % in 2023. ▼ Falling

Latest (2023)
14.19 %
Change on year
up 1.1%
World rank
59th
of 203 countries
All-time high
24.3 %
in 1974
All-time low
12.64 %
in 2020
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Share of GDP US$ in Sweden, 1970–2023

0510152025197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for value added (total manufacturing) — share of gdp us$ in Sweden is 14.19 %, measured in 2023.

The figure is up 1.1% on the previous year and up 6.2% over ten years.

Over the whole period, value added (total manufacturing) — share of gdp us$ in Sweden peaked at 24.3 % in 1974 and was at its lowest, 12.64 %, in 2020.

Sweden ranks 59th of 203 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 54 years of available data.

Value Added (Total Manufacturing) — Share of GDP US$ in Sweden, year by year

Annual values for Value Added (Total Manufacturing) — Share of GDP US$ in Sweden, 1970 to 2023.
Year % Change
1970 22.37 %
1971 21.69 % -3.0%
1972 20.96 % -3.4%
1973 21.56 % +2.9%
1974 24.3 % +12.7%
1975 23.54 % -3.1%
1976 21.95 % -6.8%
1977 20.06 % -8.6%
1978 19.07 % -4.9%
1979 19.51 % +2.3%
1980 20.9 % +7.1%
1981 19.88 % -4.9%
1982 19.85 % -0.2%
1983 20.25 % +2.0%
1984 21.18 % +4.6%
1985 21.25 % +0.4%
1986 20.98 % -1.3%
1987 20.78 % -1.0%
1988 20.48 % -1.4%
1989 19.88 % -2.9%
1990 18.41 % -7.4%
1991 16.72 % -9.2%
1992 15.89 % -4.9%
1993 16.1 % +1.3%
1994 17.53 % +8.9%
1995 19.55 % +11.5%
1996 19.09 % -2.3%
1997 19.29 % +1.1%
1998 19.61 % +1.6%
1999 19.42 % -0.9%
2000 19.86 % +2.3%
2001 18.97 % -4.5%
2002 18.61 % -1.9%
2003 17.87 % -4.0%
2004 17.16 % -4.0%
2005 16.93 % -1.3%
2006 16.84 % -0.5%
2007 16.86 % +0.1%
2008 15.56 % -7.8%
2009 13.78 % -11.4%
2010 14.92 % +8.3%
2011 14.77 % -1.0%
2012 14.08 % -4.7%
2013 13.36 % -5.1%
2014 13.04 % -2.4%
2015 13.76 % +5.5%
2016 13.48 % -2.1%
2017 13.33 % -1.1%
2018 13.37 % +0.3%
2019 13.14 % -1.8%
2020 12.64 % -3.8%
2021 13.47 % +6.6%
2022 14.03 % +4.2%
2023 14.19 % +1.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 21.5 % 19.07 % 24.3 % 10
1980s 20.54 % 19.85 % 21.25 % 10
1990s 18.16 % 15.89 % 19.61 % 10
2000s 17.24 % 13.78 % 19.86 % 10
2010s 13.73 % 13.04 % 14.92 % 10
2020s 13.58 % 12.64 % 14.19 % 4

Countries ranked near Sweden

  1. 56 Lithuania 14.58 % compare
  2. 57 Morocco 14.49 % compare
  3. 58 Trinidad and Tobago 14.25 % compare
  4. 60 Guinea-Bissau 14.19 % compare
  5. 61 Serbia 14.03 % compare
  6. 62 El Salvador 14 % compare

See the full ranking of 252 places →

More economy & growth data for Sweden

All data for Sweden →

Frequently asked questions

What is value added (total manufacturing) — share of gdp us$ in Sweden?
Value added (total manufacturing) — share of gdp us$ in Sweden was 14.19 % in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — share of gdp us$ recorded in Sweden?
The highest recorded value was 24.3 % in 1974.
What is the lowest value added (total manufacturing) — share of gdp us$ recorded in Sweden?
The lowest recorded value was 12.64 % in 2020.
How does Sweden rank for value added (total manufacturing) — share of gdp us$?
Sweden ranks 59th out of 203 countries with data for 2023.
Is value added (total manufacturing) — share of gdp us$ rising or falling in Sweden?
Over the last ten years it is up 6.2%. The long-run trend across the full record is falling.
Where does this Sweden data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Share of GDP US$. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Share of GDP US$ in Sweden. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 29 August 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-share-of-gdp-us/sweden/

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About this data

Indicator
Value Added (Total Manufacturing) — Share of GDP US$
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,511 data points, 1970–2023
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).