Value Added (Total Manufacturing) — Value US$ in Sweden
Sweden: Value Added (Total Manufacturing) — Value US$ was 83,010 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$ in Sweden, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$ in Sweden stood at 83,010 million USD.
Compared with earlier readings it is up 2.0% on the previous year and up 6.4% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Sweden peaked at 85,852 million USD in 2021 and was at its lowest, 8,508 million USD, in 1970.
Sweden ranks 37th of 236 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$ in Sweden, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 8,508 million USD | — |
| 1971 | 9,004 million USD | +5.8% |
| 1972 | 10,247 million USD | +13.8% |
| 1973 | 12,790 million USD | +24.8% |
| 1974 | 16,016 million USD | +25.2% |
| 1975 | 19,484 million USD | +21.7% |
| 1976 | 19,589 million USD | +0.5% |
| 1977 | 18,921 million USD | -3.4% |
| 1978 | 19,894 million USD | +5.1% |
| 1979 | 24,035 million USD | +20.8% |
| 1980 | 29,653 million USD | +23.4% |
| 1981 | 25,742 million USD | -13.2% |
| 1982 | 22,668 million USD | -11.9% |
| 1983 | 21,234 million USD | -6.3% |
| 1984 | 23,092 million USD | +8.7% |
| 1985 | 24,218 million USD | +4.9% |
| 1986 | 31,527 million USD | +30.2% |
| 1987 | 37,973 million USD | +20.4% |
| 1988 | 42,336 million USD | +11.5% |
| 1989 | 43,269 million USD | +2.2% |
| 1990 | 48,126 million USD | +11.2% |
| 1991 | 45,778 million USD | -4.9% |
| 1992 | 45,118 million USD | -1.4% |
| 1993 | 34,229 million USD | -24.1% |
| 1994 | 40,093 million USD | +17.1% |
| 1995 | 52,205 million USD | +30.2% |
| 1996 | 55,735 million USD | +6.8% |
| 1997 | 51,756 million USD | -7.1% |
| 1998 | 53,109 million USD | +2.6% |
| 1999 | 53,273 million USD | +0.3% |
| 2000 | 52,208 million USD | -2.0% |
| 2001 | 46,000 million USD | -11.9% |
| 2002 | 49,764 million USD | +8.2% |
| 2003 | 59,683 million USD | +19.9% |
| 2004 | 65,986 million USD | +10.6% |
| 2005 | 66,321 million USD | +0.5% |
| 2006 | 71,153 million USD | +7.3% |
| 2007 | 82,643 million USD | +16.1% |
| 2008 | 80,058 million USD | -3.1% |
| 2009 | 59,842 million USD | -25.3% |
| 2010 | 73,520 million USD | +22.9% |
| 2011 | 84,246 million USD | +14.6% |
| 2012 | 77,382 million USD | -8.1% |
| 2013 | 78,053 million USD | +0.9% |
| 2014 | 75,359 million USD | -3.5% |
| 2015 | 69,048 million USD | -8.4% |
| 2016 | 69,310 million USD | +0.4% |
| 2017 | 71,485 million USD | +3.1% |
| 2018 | 73,725 million USD | +3.1% |
| 2019 | 69,905 million USD | -5.2% |
| 2020 | 68,910 million USD | -1.4% |
| 2021 | 85,852 million USD | +24.6% |
| 2022 | 81,386 million USD | -5.2% |
| 2023 | 83,010 million USD | +2.0% |
Sweden compared with similar countries
- Sweden's 83,010 million USD is above the median for high income countries, which is 11,780 million USD, 7.0× the median. (73 countries reporting)
- Sweden's 83,010 million USD is above the median for Europe & Central Asia, which is 15,638 million USD, 5.3× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15,849 million USD | 8,508 million USD | 24,035 million USD | 10 |
| 1980s | 30,171 million USD | 21,234 million USD | 43,269 million USD | 10 |
| 1990s | 47,942 million USD | 34,229 million USD | 55,735 million USD | 10 |
| 2000s | 63,366 million USD | 46,000 million USD | 82,643 million USD | 10 |
| 2010s | 74,203 million USD | 69,048 million USD | 84,246 million USD | 10 |
| 2020s | 79,789 million USD | 68,910 million USD | 85,852 million USD | 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)
- 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$), annual growth rate 18.58 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Sweden?
- Value added (total manufacturing) — value us$ in Sweden was 83,010 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Sweden?
- The highest recorded value was 85,852 million USD in 2021.
- What is the lowest value added (total manufacturing) — value us$ recorded in Sweden?
- The lowest recorded value was 8,508 million USD in 1970.
- How does Sweden rank for value added (total manufacturing) — value us$?
- Sweden ranks 37th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Sweden?
- Over the last ten years it is up 6.4%. 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 US$. 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).