Value Added (Total Manufacturing) — Value Standard Local Currency in Sweden
Sweden: Value Added (Total Manufacturing) — Value Standard Local Currency was 880,750 million SLC in 2023. ◆ Volatile
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
Sweden recorded 880,750 million SLC for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.
That represents a change of up 7.0% on the previous year and up 73.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Sweden peaked at 880,750 million SLC in 2023 and was at its lowest, 44,014 million SLC, in 1970.
That places Sweden 70th 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 | million SLC | Change |
|---|---|---|
| 1970 | 44,014 million SLC | — |
| 1971 | 46,154 million SLC | +4.9% |
| 1972 | 48,800 million SLC | +5.7% |
| 1973 | 55,857 million SLC | +14.5% |
| 1974 | 71,103 million SLC | +27.3% |
| 1975 | 80,903 million SLC | +13.8% |
| 1976 | 85,327 million SLC | +5.5% |
| 1977 | 84,796 million SLC | -0.6% |
| 1978 | 89,889 million SLC | +6.0% |
| 1979 | 103,039 million SLC | +14.6% |
| 1980 | 125,419 million SLC | +21.7% |
| 1981 | 130,341 million SLC | +3.9% |
| 1982 | 142,416 million SLC | +9.3% |
| 1983 | 162,807 million SLC | +14.3% |
| 1984 | 191,014 million SLC | +17.3% |
| 1985 | 208,372 million SLC | +9.1% |
| 1986 | 224,588 million SLC | +7.8% |
| 1987 | 240,767 million SLC | +7.2% |
| 1988 | 259,402 million SLC | +7.7% |
| 1989 | 278,950 million SLC | +7.5% |
| 1990 | 284,848 million SLC | +2.1% |
| 1991 | 276,838 million SLC | -2.8% |
| 1992 | 262,758 million SLC | -5.1% |
| 1993 | 266,416 million SLC | +1.4% |
| 1994 | 309,359 million SLC | +16.1% |
| 1995 | 372,390 million SLC | +20.4% |
| 1996 | 373,759 million SLC | +0.4% |
| 1997 | 395,150 million SLC | +5.7% |
| 1998 | 422,206 million SLC | +6.8% |
| 1999 | 440,165 million SLC | +4.3% |
| 2000 | 478,344 million SLC | +8.7% |
| 2001 | 475,140 million SLC | -0.7% |
| 2002 | 484,560 million SLC | +2.0% |
| 2003 | 482,613 million SLC | -0.4% |
| 2004 | 484,921 million SLC | +0.5% |
| 2005 | 495,625 million SLC | +2.2% |
| 2006 | 524,986 million SLC | +5.9% |
| 2007 | 558,563 million SLC | +6.4% |
| 2008 | 527,668 million SLC | -5.5% |
| 2009 | 458,022 million SLC | -13.2% |
| 2010 | 529,897 million SLC | +15.7% |
| 2011 | 547,053 million SLC | +3.2% |
| 2012 | 524,262 million SLC | -4.2% |
| 2013 | 508,433 million SLC | -3.0% |
| 2014 | 517,023 million SLC | +1.7% |
| 2015 | 582,413 million SLC | +12.6% |
| 2016 | 593,432 million SLC | +1.9% |
| 2017 | 611,116 million SLC | +3.0% |
| 2018 | 640,854 million SLC | +4.9% |
| 2019 | 661,186 million SLC | +3.2% |
| 2020 | 634,680 million SLC | -4.0% |
| 2021 | 736,311 million SLC | +16.0% |
| 2022 | 823,164 million SLC | +11.8% |
| 2023 | 880,750 million SLC | +7.0% |
Sweden compared with similar countries
- Sweden's 880,750 million SLC is above the median for high income countries, which is 31,737 million SLC, 27.8× the median. (73 countries reporting)
- Sweden's 880,750 million SLC is above the median for Europe & Central Asia, which is 71,112 million SLC, 12.4× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 70,988 million SLC | 44,014 million SLC | 103,039 million SLC | 10 |
| 1980s | 196,408 million SLC | 125,419 million SLC | 278,950 million SLC | 10 |
| 1990s | 340,389 million SLC | 262,758 million SLC | 440,165 million SLC | 10 |
| 2000s | 497,044 million SLC | 458,022 million SLC | 558,563 million SLC | 10 |
| 2010s | 571,567 million SLC | 508,433 million SLC | 661,186 million SLC | 10 |
| 2020s | 768,726 million SLC | 634,680 million SLC | 880,750 million SLC | 4 |
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 value added (total manufacturing) — value standard local currency in Sweden?
- Value added (total manufacturing) — value standard local currency in Sweden was 880,750 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 880,750 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Sweden?
- The lowest recorded value was 44,014 million SLC in 1970.
- How does Sweden rank for value added (total manufacturing) — value standard local currency?
- Sweden ranks 70th 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 73.2%. The long-run trend across the full record is volatile.
- 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).