Markets Actual Q3 Q4 Q1 Q2 2021
Currency 9.23 9.21 9.26 9.32 9.37 9.48
Stock Market (points) 1697.84 1681 1642 1604 1566 1491
Government Bond 10Y (%) -0.09 0.01 0.01 0.02 0.03 0.05

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) 0.10 2.4 1.5 1.4 1.1 0.9
GDP Annual Growth Rate (%) 0.40 -7.2 -5.8 -2.2 7.5 6.2
Unemployment Rate (%) 9.00 9.8 10.4 9.9 9.2 8.8
Inflation Rate (%) 0.00 0.2 0.3 0.8 1.1 1.2
Inflation Rate Mom (%) 0.60 -0.3 0.5 0.4 0.3 0.3
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (SEK million) 2400.00 5800 -7000 -9000 1300 -5800
Current Account (SEK Billion) 80.60 34 32 26 21 28
Current Account to GDP (%) 3.90 3.2 3.2 3.6 3.6 3.6
Government Debt to GDP (%) 35.10 45 45 40 40 40
Government Budget (% of GDP) 0.50 -6.5 -6.5 -2.3 -2.3 -2.3
Business Confidence (points) 68.60 79 83 85 88 91
Manufacturing PMI (points) 47.30 42 47 50 52 54
Services Pmi (points) 49.20 44 48 50.4 52 55
Consumer Confidence (points) 84.00 75 78 85 88 91
Retail Sales MoM (%) 0.50 0.6 1 0.9 0.5 0.4
Corporate Tax Rate (%) 21.40 21.4 21.4 21.4 21.4 21.4
Personal Income Tax Rate (%) 57.20 57.2 57.2 57.2 57.2 57.2

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) 0.10 2.4 1.5 1.4 1.1 0.9
GDP Annual Growth Rate (%) 0.40 -7.2 -5.8 -2.2 7.5 6.2
GDP (USD Billion) 530.83 450 450 510 510 510
GDP Constant Prices (SEK Million) 1259853.00 1228405 1185337 1232136 1354342 1258828
Gross National Product (SEK Million) 1279738.00 1224798 1266702 1251584 1375718 1345237
Gross Fixed Capital Formation (SEK Million) 306157.00 300208 290907 299422 329119 308943
GDP per capita (USD) 57975.10 56000 56000 58100 58100 58100
GDP per capita PPP (USD) 53205.10 52400 52400 53200 53200 53200
GDP From Agriculture (SEK Million) 17470.00 17536 17002 17086 18780 18056
GDP From Construction (SEK Million) 75893.00 73640 71886 74223 81585 76343
GDP From Manufacturing (SEK Million) 164117.00 160746 153412 160506 176426 162924
GDP From Mining (SEK Million) 8413.00 7936 7763 8228 9044 8244
GDP From Public Administration (SEK Million) 225529.00 220835 212915 220567 242444 226115
GDP From Services (SEK Million) 582269.00 566554 547541 569459 625939 581489
GDP From Transport (SEK Million) 44468.00 44535 42496 43490 47803 45130
GDP From Utilities (SEK Million) 31428.00 30370 29108 30737 33785 30912

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 9.00 9.8 10.4 9.9 9.2 8.8
Labour Costs (points) 132.60 135 137 135 136 139
Wages (SEK/Hour) 177.50 175 179 178 179 183
Wages in Manufacturing (SEK/Hour) 188.30 186 191 190 191 195
Population (Million) 10.23 10.36 10.36 10.48 10.48 10.48
Retirement Age Women 62.00 62 62 62 62 62
Retirement Age Men 62.00 62 62 62 62 62
Wage Growth (%) 2.50 0.2 0.5 1.1 1.6 1.9

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 0.00 0.2 0.3 0.8 1.1 1.2
Inflation Rate Mom (%) 0.60 -0.3 0.5 0.4 0.3 0.3
Consumer Price Index CPI (points) 334.91 337 339 337 339 343
Harmonised Consumer Prices (points) 107.25 108 112 112 112 115
Core Consumer Prices (points) 218.93 220 222 220 222 226
Core Inflation Rate (%) 0.00 0.2 0.6 1 1.2 1.5
Producer Prices (points) 110.10 111 119 111 111 122
Producer Prices Change (%) -3.80 -2.3 -1 0.3 1 1.4
Food Inflation (%) 3.90 0.9 1 1.2 1.6 1.9
Inflation Expectations (%) 3.50 0.2 0.5 0.8 1.1 1.2
CPI Housing Utilities (points) 411.07 416 418 415 416 423
CPI Transportation (points) 449.74 458 469 458 455 474

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) 0.01 0.06 0.06 0.06 0.06 0.06
Deposit Interest Rate (%) -0.10 -0.1 -0.6 -0.1 -0.1 -0.1
Lending Rate (%) 0.20 0.2 0.2 0.2 0.2 0.2

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (SEK million) 2400.00 5800 -7000 -9000 1300 -5800
Current Account (SEK Billion) 80.60 34 32 26 21 28
Current Account to GDP (%) 3.90 3.2 3.2 3.6 3.6 3.6
Imports (SEK million) 99100.00 114100 116500 118500 114600 120300
Exports (SEK million) 101500.00 119900 109500 109500 115900 114500
Foreign Direct Investment (SEK Billion) 49.00 25.9 15.1 36.2 38.4 26

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 35.10 45 45 40 40 40
Government Budget (% of GDP) 0.50 -6.5 -6.5 -2.3 -2.3 -2.3
Government Budget Value (SEK Million) 10159.00 62600 -168400 -1400 -23400 -127050
Government Spending (SEK Million) 325528.00 318731 307451 318366 349943 326513
Government Spending to GDP (%) 49.30 54 54 51 51 51
Government Revenues (SEK Million) 102125.00 67400 41600 75900 62500 47950
Fiscal Expenditure (SEK Million) 91966.00 4800 210000 77300 85900 175000

Taxes Actual Q3 Q4 Q1 Q2 2021
Corporate Tax Rate (%) 21.40 21.4 21.4 21.4 21.4 21.4
Personal Income Tax Rate (%) 57.20 57.2 57.2 57.2 57.2 57.2
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 Q3 Q4 Q1 Q2 2021
Business Confidence (points) 68.60 79 83 85 88 91
Manufacturing PMI (points) 47.30 42 47 50 52 54
Services Pmi (points) 49.20 44 48 50.4 52 55
Industrial Production (%) -16.50 -2.9 -2 2.5 3 3.2
Industrial Production Mom (%) -0.10 -0.8 -0.6 0.5 0.4 0.6
Manufacturing Production (%) -16.90 -2.6 -1.8 2.4 3.2 3
Business Inventories (SEK Million) 5242.49 16400 10900 -2400 -3800 -6200

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Confidence (points) 84.00 75 78 85 88 91
Retail Sales MoM (%) 0.50 0.6 1 0.9 0.5 0.4
Retail Sales YoY (%) 2.40 -2.1 -2.6 2 3.6 3
Consumer Spending (SEK Million) 562816.00 556359 539114 550434 605027 572539
Disposable Personal Income (SEK Million) 596414.00 549582 548814 583293 641145 582840
Household Spending (%) 1.20 0.7 0.5 1 0.6 0.5
Gasoline Prices (USD/Liter) 1.43 1.36 1.29 1.23 1.16 1.11


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.