Markets Actual Q2 Q3 Q4 Q1 2020
Currency 9.32 9.35 9.42 9.49 9.57 9.71
Stock Market (points) 1670.74 1535 1517 1499 1481 1447
Government Bond 10Y (%) 0.28 0.19 0.21 0.22 0.24 0.28
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 1.20 0.4 0.5 0.5 0.4 0.5
GDP Annual Growth Rate (%) 2.40 1.2 1.4 1.3 1.5 1.7
Unemployment Rate (%) 7.10 6.9 6 6.3 6.5 6.5
Inflation Rate (%) 1.90 1.7 1.7 2.3 2.2 2.6
Interest Rate (%) -0.25 -0.25 0 0 0.1 0.5
Balance of Trade (SEK million) 5000.00 3000 -600 -5100 2100 -4000
Current Account (SEK Billion) 39.60 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 (%) 40.60 37 37 37 36 36
Government Budget (% of GDP) 1.30 0.6 0.6 0.6 0.4 0.4
Business Confidence (Index Points) 101.10 96.5 95.1 98.6 99 101
Manufacturing PMI 52.80 53.4 54 53.6 54 54.5
Services Pmi (Index Points) 55.30 56 55.7 55.9 56 54.5
Consumer Confidence (Index Points) 94.00 92.5 94 99.1 102 105
Retail Sales MoM (%) 0.20 -1 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 (%) 1.20 0.4 0.5 0.5 0.4 0.5
GDP Annual Growth Rate (%) 2.40 1.2 1.4 1.3 1.5 1.7
GDP (USD Billion) 538.04 575 575 575 600 600
GDP Constant Prices (SEK Million) 1183783.00 1178419 1186684 1199172 1201540 1219558
Gross National Product (SEK Million) 1293157.00 1224914 1201183 1309968 1312554 1332238
Gross Fixed Capital Formation (SEK Million) 291211.00 297602 300230 294997 295579 300012
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) 11526.00 11725 11716 11676 11699 11874
GDP From Construction (SEK Million) 67550.00 67501 68124 68428 68563 69591
GDP From Manufacturing (SEK Million) 161793.00 161010 161077 163896 164220 166683
GDP From Mining (SEK Million) 5112.00 5162 5237 5178 5189 5266
GDP From Public Administration (SEK Million) 209011.00 208517 210021 211728 212146 215328
GDP From Services (SEK Million) 550473.00 545459 551097 557629 558730 567109
GDP From Transport (SEK Million) 43124.00 43488 43613 43685 43771 44427
GDP From Utilities (SEK Million) 28980.00 29123 28576 29357 29415 29856
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 7.10 6.9 6 6.3 6.5 6.5
Wages (SEK/Hour) 174.70 178 176 180 180 185
Wages in Manufacturing (SEK/Hour) 185.80 191 188 191 191 197
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 (%) 1.90 1.7 1.7 2.3 2.2 2.6
Consumer Price Index CPI (Index Points) 331.79 334 337 340 338 348
Core Consumer Prices (Index Points) 216.96 219 221 222 221 226
Core Inflation Rate (%) 1.80 1.7 1.7 2.1 2 1.8
Producer Prices (Index Points) 113.90 114 116 115 117 119
Producer Prices Change (%) 6.30 2.2 2.4 2.2 2.5 2.8
Food Inflation (%) 3.20 2.2 1.9 2 2.2 2.4
Inflation Expectations (%) 3.10 2.2 1.9 2 2.1 2.6
CPI Housing Utilities (Index Points) 414.15 408 413 419 424 430
CPI Transportation (Index Points) 445.44 455 455 458 454 470
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) -0.25 -0.25 0 0 0.1 0.5
Interbank Rate (%) -0.03 0.01 0.01 0.01 0.11 0.11
Deposit Interest Rate (%) -1.00 -1 -1 -1 -1 -0.6
Lending Rate (%) 0.50 0.5 0.5 0.5 0.6 0.6
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (SEK million) 5000.00 3000 -600 -5100 2100 -4000
Current Account (SEK Billion) 39.60 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) 117700.00 121000 118100 120200 127800 124500
Exports (SEK million) 122700.00 124000 117500 115100 129900 120500
Foreign Direct Investment (SEK Billion) -1.20 24.8 32.4 36.2 29.5 37.8
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 40.60 37 37 37 36 36
Government Budget (% of GDP) 1.30 0.6 0.6 0.6 0.4 0.4
Government Spending (SEK Million) 304304.00 303780 306734 308260 308869 313500
Government Spending to GDP (%) 49.10 48 48 48 47.5 47.5
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) 101.10 96.5 95.1 98.6 99 101
Manufacturing PMI 52.80 53.4 54 53.6 54 54.5
Services Pmi (Index Points) 55.30 56 55.7 55.9 56 54.5
Industrial Production (%) 2.30 3.2 2.8 2.5 2.7 3
Industrial Production Mom (%) 0.40 0.5 0.6 0.8 0.3 0.6
Manufacturing Production (%) 2.60 3.4 2.9 2.6 2.8 3.2
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Confidence (Index Points) 94.00 92.5 94 99.1 102 105
Retail Sales MoM (%) 0.20 -1 0.4 0.2 0.8 0.4
Retail Sales YoY (%) 3.00 2.3 1.9 2 2.2 2.5
Consumer Spending (SEK Million) 517708.00 521755 521530 524438 525474 533354
Gasoline Prices (USD/Liter) 1.72 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.