Value Added (Total Manufacturing) — Value Standard Local Currency in Sweden
Sweden: Value Added (Total Manufacturing) — Value Standard Local Currency was 688,433 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Sweden, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Sweden stood at 688,433 million SLC.
Compared with earlier readings it is down 5.5% on the previous year and up 23.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Sweden peaked at 728,869 million SLC in 2022 and was at its lowest, 205,693 million SLC, in 1970.
That places Sweden 47th out of 194 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Sweden, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 205,693 million SLC | — |
| 1971 | 207,020 million SLC | +0.6% |
| 1972 | 208,269 million SLC | +0.6% |
| 1973 | 223,008 million SLC | +7.1% |
| 1974 | 235,060 million SLC | +5.4% |
| 1975 | 235,844 million SLC | +0.3% |
| 1976 | 235,901 million SLC | +0.0% |
| 1977 | 222,379 million SLC | -5.7% |
| 1978 | 216,366 million SLC | -2.7% |
| 1979 | 230,290 million SLC | +6.4% |
| 1980 | 244,584 million SLC | +6.2% |
| 1981 | 235,681 million SLC | -3.6% |
| 1982 | 233,581 million SLC | -0.9% |
| 1983 | 246,951 million SLC | +5.7% |
| 1984 | 269,844 million SLC | +9.3% |
| 1985 | 276,191 million SLC | +2.4% |
| 1986 | 278,424 million SLC | +0.8% |
| 1987 | 284,658 million SLC | +2.2% |
| 1988 | 294,409 million SLC | +3.4% |
| 1989 | 295,789 million SLC | +0.5% |
| 1990 | 290,157 million SLC | -1.9% |
| 1991 | 276,605 million SLC | -4.7% |
| 1992 | 263,419 million SLC | -4.8% |
| 1993 | 264,046 million SLC | +0.2% |
| 1994 | 304,763 million SLC | +15.4% |
| 1995 | 345,698 million SLC | +13.4% |
| 1996 | 358,930 million SLC | +3.8% |
| 1997 | 386,860 million SLC | +7.8% |
| 1998 | 421,606 million SLC | +9.0% |
| 1999 | 455,279 million SLC | +8.0% |
| 2000 | 496,524 million SLC | +9.1% |
| 2001 | 493,113 million SLC | -0.7% |
| 2002 | 521,451 million SLC | +5.7% |
| 2003 | 533,444 million SLC | +2.3% |
| 2004 | 562,764 million SLC | +5.5% |
| 2005 | 579,181 million SLC | +2.9% |
| 2006 | 619,988 million SLC | +7.0% |
| 2007 | 643,481 million SLC | +3.8% |
| 2008 | 616,727 million SLC | -4.2% |
| 2009 | 481,953 million SLC | -21.9% |
| 2010 | 591,377 million SLC | +22.7% |
| 2011 | 624,782 million SLC | +5.6% |
| 2012 | 580,483 million SLC | -7.1% |
| 2013 | 556,460 million SLC | -4.1% |
| 2014 | 545,298 million SLC | -2.0% |
| 2015 | 582,413 million SLC | +6.8% |
| 2016 | 593,031 million SLC | +1.8% |
| 2017 | 611,124 million SLC | +3.1% |
| 2018 | 629,361 million SLC | +3.0% |
| 2019 | 622,126 million SLC | -1.1% |
| 2020 | 583,389 million SLC | -6.2% |
| 2021 | 695,312 million SLC | +19.2% |
| 2022 | 728,869 million SLC | +4.8% |
| 2023 | 688,433 million SLC | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 221,983 million SLC | 205,693 million SLC | 235,901 million SLC | 10 |
| 1980s | 266,011 million SLC | 233,581 million SLC | 295,789 million SLC | 10 |
| 1990s | 336,736 million SLC | 263,419 million SLC | 455,279 million SLC | 10 |
| 2000s | 554,863 million SLC | 481,953 million SLC | 643,481 million SLC | 10 |
| 2010s | 593,646 million SLC | 545,298 million SLC | 629,361 million SLC | 10 |
| 2020s | 674,001 million SLC | 583,389 million SLC | 728,869 million SLC | 4 |
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)
- GNI (current LCU), annual growth rate 2.88 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 10.3 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 650,457 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 12.63 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 4.67 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 10.61 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1044 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 6,589 current US$ per person (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Sweden?
- Value added (total manufacturing) — value standard local currency in Sweden was 688,433 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Sweden?
- The highest recorded value was 728,869 million SLC in 2022.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Sweden?
- The lowest recorded value was 205,693 million SLC in 1970.
- How does Sweden rank for value added (total manufacturing) — value standard local currency?
- Sweden ranks 47th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Sweden?
- Over the last ten years it is up 23.7%. The long-run trend across the full record is rising.
- 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) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
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).