Value Added (Total Manufacturing) — Value Standard Local Currency in Sweden
Sweden: Value Added (Total Manufacturing) — Value Standard Local Currency was 7 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Sweden, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Sweden is 7 % change on previous year, measured in 2023.
The figure is down 40.7% on the previous year and up 331.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Sweden peaked at 27.29 % change on previous year in 1974 and was at its lowest, -13.2 % change on previous year, in 2009.
That places Sweden 108th out of 231 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Sweden, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.86 % change on previous year | — |
| 1972 | 5.73 % change on previous year | +17.9% |
| 1973 | 14.46 % change on previous year | +152.2% |
| 1974 | 27.29 % change on previous year | +88.7% |
| 1975 | 13.78 % change on previous year | -49.5% |
| 1976 | 5.47 % change on previous year | -60.3% |
| 1977 | -0.6221 % change on previous year | -111.4% |
| 1978 | 6.01 % change on previous year | -1065.6% |
| 1979 | 14.63 % change on previous year | +143.5% |
| 1980 | 21.72 % change on previous year | +48.5% |
| 1981 | 3.92 % change on previous year | -81.9% |
| 1982 | 9.26 % change on previous year | +136.1% |
| 1983 | 14.32 % change on previous year | +54.6% |
| 1984 | 17.33 % change on previous year | +21.0% |
| 1985 | 9.09 % change on previous year | -47.5% |
| 1986 | 7.78 % change on previous year | -14.4% |
| 1987 | 7.2 % change on previous year | -7.4% |
| 1988 | 7.74 % change on previous year | +7.4% |
| 1989 | 7.54 % change on previous year | -2.6% |
| 1990 | 2.11 % change on previous year | -71.9% |
| 1991 | -2.81 % change on previous year | -233.0% |
| 1992 | -5.09 % change on previous year | +80.9% |
| 1993 | 1.39 % change on previous year | -127.4% |
| 1994 | 16.12 % change on previous year | +1057.8% |
| 1995 | 20.37 % change on previous year | +26.4% |
| 1996 | 0.3676 % change on previous year | -98.2% |
| 1997 | 5.72 % change on previous year | +1456.8% |
| 1998 | 6.85 % change on previous year | +19.6% |
| 1999 | 4.25 % change on previous year | -37.9% |
| 2000 | 8.67 % change on previous year | +103.9% |
| 2001 | -0.6698 % change on previous year | -107.7% |
| 2002 | 1.98 % change on previous year | -396.0% |
| 2003 | -0.4018 % change on previous year | -120.3% |
| 2004 | 0.4782 % change on previous year | -219.0% |
| 2005 | 2.21 % change on previous year | +361.6% |
| 2006 | 5.92 % change on previous year | +168.4% |
| 2007 | 6.4 % change on previous year | +8.0% |
| 2008 | -5.53 % change on previous year | -186.5% |
| 2009 | -13.2 % change on previous year | +138.6% |
| 2010 | 15.69 % change on previous year | -218.9% |
| 2011 | 3.24 % change on previous year | -79.4% |
| 2012 | -4.17 % change on previous year | -228.7% |
| 2013 | -3.02 % change on previous year | -27.5% |
| 2014 | 1.69 % change on previous year | -156.0% |
| 2015 | 12.65 % change on previous year | +648.6% |
| 2016 | 1.89 % change on previous year | -85.0% |
| 2017 | 2.98 % change on previous year | +57.5% |
| 2018 | 4.87 % change on previous year | +63.3% |
| 2019 | 3.17 % change on previous year | -34.8% |
| 2020 | -4.01 % change on previous year | -226.4% |
| 2021 | 16.01 % change on previous year | -499.4% |
| 2022 | 11.8 % change on previous year | -26.3% |
| 2023 | 7 % change on previous year | -40.7% |
Sweden compared with similar countries
- Sweden's 7 % change on previous year is above the median for high income countries, which is 4.06 % change on previous year, 1.7× the median. (73 countries reporting)
- Sweden's 7 % change on previous year is above the median for Europe & Central Asia, which is 4.42 % change on previous year, 1.6× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Sweden changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +1456.8% | 0.3676 % change on previous year | 5.72 % change on previous year |
| 1978 | +1065.6% | -0.6221 % change on previous year | 6.01 % change on previous year |
| 1994 | +1057.8% | 1.39 % change on previous year | 16.12 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.18 % change on previous year | -0.6221 % change on previous year | 27.29 % change on previous year | 9 |
| 1980s | 10.59 % change on previous year | 3.92 % change on previous year | 21.72 % change on previous year | 10 |
| 1990s | 4.93 % change on previous year | -5.09 % change on previous year | 20.37 % change on previous year | 10 |
| 2000s | 0.586 % change on previous year | -13.2 % change on previous year | 8.67 % change on previous year | 10 |
| 2010s | 3.9 % change on previous year | -4.17 % change on previous year | 15.69 % change on previous year | 10 |
| 2020s | 7.7 % change on previous year | -4.01 % change on previous year | 16.01 % change on previous year | 4 |
Countries ranked near Sweden
- 105 Cayman Islands 7.28 % change on previous year compare
- 106 French Polynesia 7.14 % change on previous year compare
- 107 Vanuatu 7.06 % change on previous year compare
- 109 Micronesia (Federated States of) 6.98 % change on previous year compare
- 110 Belarus 6.96 % change on previous year compare
- 111 Comoros 6.88 % change on previous year compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 8.03 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 757.39 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 19.15 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -37.67 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0286 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,807 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.58 % change on previous year (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 7 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Sweden?
- The highest recorded value was 27.29 % change on previous year in 1974.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Sweden?
- The lowest recorded value was -13.2 % change on previous year in 2009.
- How does Sweden rank for value added (total manufacturing) — value standard local currency?
- Sweden ranks 108th out of 231 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 331.7%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.