Markets Actual Q1 Q2 Q3 Q4 2020
Currency 9.03 9.02 9.09 9.16 9.24 9.38
Stock Market (points) 1499.79 1383 1366 1349 1331 1298
Government Bond 10Y (%) 0.46 0.43 0.45 0.47 0.49 0.54
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) -0.20 0.4 0.4 0.5 0.6 0.6
GDP Annual Growth Rate (%) 1.60 2.3 2.4 0.9 2.5 2.6
Unemployment Rate (%) 5.50 6.2 5.6 5.5 5.5 6.5
Inflation Rate (%) 2.00 2.3 2.4 2.4 2 2
Interest Rate (%) -0.25 -0.25 -0.25 0 0 0.5
Balance of Trade (SEK million) 4900.00 1600 6000 -600 -2700 -2000
Current Account (SEK Billion) 38.60 10.56 10.94 18.96 13.68 11.7
Current Account to GDP (%) 3.20 2.7 2.7 2.7 2.7 3.4
Government Debt to GDP (%) 40.60 37 37 37 37 36
Government Budget (% of GDP) 1.30 1.1 1.1 1.1 1.1 1.5
Business Confidence (Index Points) 104.10 105 104 104 107 106
Manufacturing PMI 52.00 54.6 54 54 54 54
Services Pmi (Index Points) 56.40 56.2 56 55.8 55.9 55.5
Consumer Confidence (Index Points) 96.40 104 102 102 104 103
Retail Sales MoM (%) 0.80 0.5 0.12 0.4 0.4 0.5
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 Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) -0.20 0.4 0.4 0.5 0.6 0.6
GDP Annual Growth Rate (%) 1.60 2.3 2.4 0.9 2.5 2.6
GDP (USD Billion) 538.04 575 575 575 575 600
GDP Constant Prices (SEK Million) 1169836.00 1180173 1181914 1180365 1199082 1230258
Gross National Product (SEK Million) 1184338.00 1185234 1229056 1194997 1213946 1245509
Gross Fixed Capital Formation (SEK Million) 299809.00 303335 299664 302507 307304 315294
GDP per capita (USD) 56935.19 57210 57210 57210 57210 58000
GDP per capita PPP (USD) 46949.28 48000 48000 48000 48000 49000
GDP From Agriculture (SEK Million) 11669.00 11986 11795 11774 11961 12272
GDP From Construction (SEK Million) 65872.00 67710 67070 66465 67519 69274
GDP From Manufacturing (SEK Million) 159412.00 162694 162021 160847 163397 167646
GDP From Mining (SEK Million) 5136.00 5256 5169 5182 5264 5401
GDP From Public Administration (SEK Million) 205775.00 208441 208407 207627 210919 216403
GDP From Services (SEK Million) 544867.00 544352 547661 549771 558489 573009
GDP From Transport (SEK Million) 43175.00 43888 43686 43564 44254 45405
GDP From Utilities (SEK Million) 27846.00 29705 29099 28097 28542 29284
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 5.50 6.2 5.6 5.5 5.5 6.5
Wages (SEK/Hour) 172.90 171 172 172 175 180
Wages in Manufacturing (SEK/Hour) 183.20 180 184 183 186 190
Population (Million) 10.12 10.21 10.21 10.21 10.21 10.32
Retirement Age Women 61.00 61 61 61 61 61
Retirement Age Men 61.00 61 61 61 61 61
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 2.00 2.3 2.4 2.4 2 2
Consumer Price Index CPI (Index Points) 331.87 333 336 339 337 344
Harmonised Consumer Prices (Index Points) 106.29 107 108 109 108 110
Core Consumer Prices (Index Points) 217.37 218 220 222 222 228
Core Inflation Rate (%) 2.20 2.2 2.3 2.3 2.5 2.6
Producer Prices (Index Points) 129.40 126 130 133 128 131
Producer Prices Change (%) 7.90 2.3 2.2 2.4 2.2 2.5
Food Inflation (%) 1.90 2.4 2.2 1.9 2 2
Inflation Expectations (%) 3.40 3 2.8 2.5 2.4 2.2
CPI Housing Utilities (Index Points) 409.84 410 410 416 417 426
CPI Transportation (Index Points) 447.82 445 458 458 451 460
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) -0.25 -0.25 -0.25 0 0 0.5
Interbank Rate (%) -0.08 -0.13 -0.13 -0.13 -0.13 -0.13
Deposit Interest Rate (%) -1.00 -1 -1 -0.75 -0.75 -0.75
Lending Rate (%) 0.50 0.5 0.5 0.5 0.5 0.5
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (SEK million) 4900.00 1600 6000 -600 -2700 -2000
Current Account (SEK Billion) 38.60 10.56 10.94 18.96 13.68 11.7
Current Account to GDP (%) 3.20 2.7 2.7 2.7 2.7 3.4
Imports (SEK million) 134100.00 125400 118000 118100 120200 124500
Exports (SEK million) 139000.00 127000 124000 117500 117500 122500
Terms of Trade (Index Points) 100.97 99.53 99.87 99.71 99.87 99.85
Foreign Direct Investment (SEK Billion) 54.60 31.2 24.8 32.4 36.2 26.4
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 40.60 37 37 37 37 36
Government Budget (% of GDP) 1.30 1.1 1.1 1.1 1.1 1.5
Government Budget Value (SEK Million) 15621.00 7542 7440 7610 7687 7695
Government Spending (SEK Million) 301711.00 303826 304172 304426 309254 317294
Government Spending to GDP (%) 49.10 48 48 49.1 48 47.5
Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2020
Business Confidence (Index Points) 104.10 105 104 104 107 106
Manufacturing PMI 52.00 54.6 54 54 54 54
Services Pmi (Index Points) 56.40 56.2 56 55.8 55.9 55.5
Industrial Production (%) 3.40 3.6 3.2 2.5 2.5 2.4
Industrial Production Mom (%) -0.40 0.6 0.5 0.7 0.7 0.7
Manufacturing Production (%) 3.60 4.8 5.3 5.7 5.7 5.4
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Confidence (Index Points) 96.40 104 102 102 104 103
Retail Sales MoM (%) 0.80 0.5 0.12 0.4 0.4 0.5
Retail Sales YoY (%) 1.10 2.5 1.03 2.4 2.4 2.2
Consumer Spending (SEK Million) 514511.00 522426 524054 519142 527374 541085
Gasoline Prices (USD/Liter) 1.49 1.4 1.37 1.34 1.31 1.31
Household Spending (%) -0.50 1 -0.3 0.4 0.3 0.3


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.