Markets Actual Q2 Q3 Q4 Q1 2020
Currency 9.26 9.56 9.63 9.7 9.77 9.92
Stock Market (points) 1604.23 1492 1475 1457 1440 1406
Government Bond 10Y (%) 0.01 0.12 0.13 0.14 0.16 0.19
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 0.60 0.3 0.3 0.4 0.4 0.5
GDP Annual Growth Rate (%) 2.10 1.5 1.6 1 1.2 2
Unemployment Rate (%) 6.80 6.9 6 6.3 6.5 6.5
Inflation Rate (%) 2.20 2.1 1.7 2.3 2.2 2.6
Interest Rate (%) -0.25 -0.25 -0.25 -0.25 -0.25 0.25
Balance of Trade (SEK million) 1400.00 3000 -600 -5100 2100 -4000
Current Account (SEK Billion) 62.70 9 40.2 36.6 21 30
Current Account to GDP (%) 2.00 2.5 2.5 2.5 2.7 2.7
Government Debt to GDP (%) 38.80 34 34 34 32 32
Government Budget (% of GDP) 0.90 0.6 0.6 0.6 0.4 0.4
Business Confidence (Index Points) 100.20 99.5 95.1 98.6 99 101
Manufacturing PMI 53.10 53.4 54 53.6 54 54.5
Services Pmi (Index Points) 53.30 56 55.7 55.9 56 54.5
Consumer Confidence (Index Points) 93.80 92.5 94 99.1 102 105
Retail Sales MoM (%) 1.90 -0.6 0.4 0.2 0.8 0.4
Corporate Tax Rate (%) 22.00 22 22 22 22 22
Personal Income Tax Rate (%) 61.85 61.85 61.85 61.85 61.85 61.85
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 0.60 0.3 0.3 0.4 0.4 0.5
GDP Annual Growth Rate (%) 2.10 1.5 1.6 1 1.2 2
GDP (USD Billion) 538.04 575 575 575 600 600
GDP Constant Prices (SEK Million) 1217244.00 1177248 1189025 1195621 1197988 1219533
Gross National Product (SEK Million) 1249945.00 1223696 1203553 1306089 1308675 1332210
Gross Fixed Capital Formation (SEK Million) 307037.00 297306 300822 294123 294706 300006
GDP per capita (USD) 56935.19 57210 57210 57210 58000 58000
GDP per capita PPP (USD) 46949.28 48000 48000 48000 49000 49000
GDP From Agriculture (SEK Million) 12664.00 11713 11739 11641 11664 11874
GDP From Construction (SEK Million) 71705.00 67433 68258 68226 68361 69590
GDP From Manufacturing (SEK Million) 168464.00 160850 161395 163411 163735 166679
GDP From Mining (SEK Million) 5183.00 5157 5248 5163 5173 5266
GDP From Public Administration (SEK Million) 218108.00 208309 210435 211101 211519 215323
GDP From Services (SEK Million) 557641.00 544917 552184 555978 557079 567097
GDP From Transport (SEK Million) 44008.00 43445 43699 43555 43641 44426
GDP From Utilities (SEK Million) 32595.00 29094 28632 29270 29328 29855
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 6.80 6.9 6 6.3 6.5 6.5
Wages (SEK/Hour) 173.30 177 176 179 177 184
Wages in Manufacturing (SEK/Hour) 184.80 190 187 190 189 196
Population (Million) 10.12 10.21 10.21 10.24 10.36 10.36
Retirement Age Women 61.00 61 61 61 61 62
Retirement Age Men 61.00 61 61 61 61 62
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 2.20 2.1 1.7 2.3 2.2 2.6
Consumer Price Index CPI (Index Points) 334.95 336 337 340 339 348
Core Consumer Prices (Index Points) 218.94 219 221 222 221 226
Core Inflation Rate (%) 2.10 2 1.7 2.1 2 1.8
Producer Prices (Index Points) 114.50 114 116 115 117 119
Producer Prices Change (%) 3.50 4.2 2.4 2.2 2.5 2.8
Food Inflation (%) 2.10 2.2 1.9 2 2.2 2.4
Inflation Expectations (%) 3.40 3.2 1.9 2 2.1 2.6
CPI Housing Utilities (Index Points) 413.88 409 413 419 423 430
CPI Transportation (Index Points) 459.11 457 455 458 455 470
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) -0.25 -0.25 -0.25 -0.25 -0.25 0.25
Interbank Rate (%) -0.03 -0.03 -0.03 -0.03 -0.03 0.22
Deposit Interest Rate (%) -1.00 -1 -1 -1 -1 -0.75
Lending Rate (%) 0.50 0.5 0.5 0.5 0.5 0.75
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (SEK million) 1400.00 3000 -600 -5100 2100 -4000
Current Account (SEK Billion) 62.70 9 40.2 36.6 21 30
Current Account to GDP (%) 2.00 2.5 2.5 2.5 2.7 2.7
Imports (SEK million) 126600.00 121000 118100 120200 127800 124500
Exports (SEK million) 128000.00 124000 117500 115100 129900 120500
Foreign Direct Investment (SEK Billion) 63.70 24.8 32.4 36.2 29.5 37.8
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 38.80 34 34 34 32 32
Government Budget (% of GDP) 0.90 0.6 0.6 0.6 0.4 0.4
Government Spending (SEK Million) 315942.00 303478 307339 307347 307956 313494
Government Spending to GDP (%) 49.90 49.8 49.8 49.8 49.5 49.5
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 22.00 22 22 22 22 22
Personal Income Tax Rate (%) 61.85 61.85 61.85 61.85 61.85 61.85
Sales Tax Rate (%) 25.00 25 25 25 25 25
Social Security Rate (%) 38.42 38.42 38.42 38.42 38.42 38.42
Social Security Rate For Companies (%) 31.42 31.42 31.42 31.42 31.42 31.42
Social Security Rate For Employees (%) 7.00 7 7 7 7 7
Business Actual Q2 Q3 Q4 Q1 2020
Business Confidence (Index Points) 100.20 99.5 95.1 98.6 99 101
Manufacturing PMI 53.10 53.4 54 53.6 54 54.5
Services Pmi (Index Points) 53.30 56 55.7 55.9 56 54.5
Industrial Production (%) 3.40 3.2 2.8 2.5 2.7 3
Industrial Production Mom (%) 1.30 0.5 0.6 0.8 0.3 0.6
Manufacturing Production (%) 3.40 3.4 2.9 2.6 2.8 3.2
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Confidence (Index Points) 93.80 92.5 94 99.1 102 105
Retail Sales MoM (%) 1.90 -0.6 0.4 0.2 0.8 0.4
Retail Sales YoY (%) 3.90 2.3 1.9 2 2.2 2.5
Consumer Spending (SEK Million) 528416.00 521236 522558 522885 523920 533343
Gasoline Prices (USD/Liter) 1.69 1.66 1.62 1.58 1.54 1.54
Household Spending (%) 0.20 -0.7 0.4 0.3 0.9 0.5


This page has economic forecasts for Sweden including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Sweden economy.