Markets Actual Q2 Q3 Q4 Q1 2022
Currency 8.30 8.47 8.52 8.57 8.62 8.71
Stock Market (points) 2260.13 2194 2143 2092 2044 1946
Government Bond 10Y (%) 0.37 0.43 0.48 0.52 0.58 0.68

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) 1.10 0.8 2.4 1.1 0.6 0.5
GDP Annual Growth Rate (%) 0.00 7.5 4 3.8 3.8 2.6
Unemployment Rate (%) 10.00 9.2 9 8.8 8.4 7.9
Inflation Rate (%) 1.70 1.1 1 1.2 1.5 1.4
Inflation Rate Mom (%) 0.20 0.3 0.4 0.3 0.3 0.3
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (SEK million) 4100.00 0 -2000 -4000 -4000 -4000
Current Account (SEK Billion) 57.40 21 27 28 28 25
Current Account to GDP (%) 5.20 3.6 3.6 3.6 3.6 3
Government Debt to GDP (%) 39.90 40 40 40 40 36
Government Budget (% of GDP) -3.10 -2.3 -2.3 -2.3 -2.3 0.5
Business Confidence (points) 112.30 97 95 98 102 100
Manufacturing PMI (points) 69.10 52 53.7 54 54 52
Services PMI (points) 65.60 52 53.8 55 55 52
Consumer Confidence (points) 103.20 96 95 97.5 99 102
Retail Sales MoM (%) 2.60 0.5 -1.2 0.4 0.4 0.4
Corporate Tax Rate (%) 21.40 22 21.4 22 22 22
Personal Income Tax Rate (%) 52.90 61.85 57.2 61.85 61.85 61.85

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) 1.10 0.8 2.4 1.1 0.6 0.5
GDP Annual Growth Rate (%) 0.00 7.5 4 3.8 3.8 2.6
GDP (USD Billion) 530.83 510 510 510 510 575
GDP Constant Prices (SEK Million) 1231835.00 1247246 1284199 1278645 1278645 1311889
Gross National Product (SEK Million) 1335273.00 1356738 1280133 1386013 1386013 1422050
Gross Fixed Capital Formation (SEK Million) 304649.00 319183 316646 316226 316226 324448
GDP per capita (USD) 57975.10 58100 58100 58100 58100 60590
GDP per capita PPP (USD) 53205.10 53200 53200 53200 53200 54480
GDP From Agriculture (SEK Million) 17320.00 18820 18168 17978 17978 18446
GDP From Construction (SEK Million) 75693.00 82397 80433 78569 78569 80612
GDP From Manufacturing (SEK Million) 163097.00 137118 171672 169295 169295 173696
GDP From Mining (SEK Million) 7999.00 8704 8440 8303 8303 8519
GDP From Public Administration (SEK Million) 221864.00 233646 229626 230295 230295 236282
GDP From Services (SEK Million) 562496.00 569852 583168 583871 583871 599051
GDP From Transport (SEK Million) 38088.00 35728 37522 39535 39535 40563
GDP From Utilities (SEK Million) 29895.00 33191 32406 31031 31031 31838

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 10.00 9.2 9 8.8 8.4 7.9
Long Term Unemployment Rate (%) 1.20 1.5 1.6 1.8 1.8 1.5
Labour Costs (points) 140.10 141 137 146 146 146
Wages (SEK/Hour) 184.00 185 179 191 191 191
Wages in Manufacturing (SEK/Hour) 193.60 197 191 204 204 204
Population (Million) 10.33 10.41 10.41 10.41 10.49 10.49
Retirement Age Women 62.00 62 62 62 62 62
Retirement Age Men 62.00 62 62 62 62 62
Wage Growth (%) 1.40 1.6 1.8 1.7 1.7 2.2

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 1.70 1.1 1 1.2 1.5 1.4
Inflation Rate Mom (%) 0.20 0.3 0.4 0.3 0.3 0.3
Consumer Price Index CPI (points) 339.54 341 341 343 345 348
Core Consumer Prices (points) 222.38 222 223 225 226 229
Core Inflation Rate (%) 1.90 1 1.3 1.5 1.5 1.6
Producer Prices (points) 115.30 111 113 122 117 116
Producer Prices Change (%) 3.80 1 3.6 2.2 2.2 1.7
Food Inflation (%) -0.10 0.6 1.3 1.9 1.5 2
Inflation Expectations (%) 3.70 2.7 2.2 2.4 2.5 1.9
CPI Housing Utilities (points) 422.75 418 422 424 429 430
CPI Transportation (points) 477.31 468 465 475 484 482

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.03 -0.03 -0.03 -0.03 -0.03 -0.03
Deposit Interest Rate (%) -0.10 -0.1 -0.1 -0.1 -0.1 -0.1
Lending Rate (%) 0.10 0.1 0.1 0.1 0.1 0.1
Loan Growth (%) 5.70 4.6 4.5 4.2 4.2 3.8

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (SEK million) 4100.00 0 -2000 -4000 -4000 -4000
Current Account (SEK Billion) 57.40 21 27 28 28 25
Current Account to GDP (%) 5.20 3.6 3.6 3.6 3.6 3
Imports (SEK million) 139800.00 117900 128900 120300 120300 126500
Exports (SEK million) 143900.00 121900 127800 114500 114500 121500
Foreign Direct Investment (SEK Billion) 20.70 38.4 25.9 26 26 32.2

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 39.90 40 40 40 40 36
Government Budget (% of GDP) -3.10 -2.3 -2.3 -2.3 -2.3 0.5
Government Budget Value (SEK Million) 9200.00 7695 -149400 7695 7695 7695
Government Spending (SEK Million) 324389.00 328500 325400 326400 326400 330000
Government Spending to GDP (%) 49.30 51 51 51 51 49
Government Revenues (SEK Million) 94747.00 52500 74200 47950 47950 65000
Fiscal Expenditure (SEK Million) 85547.00 85900 79000 175000 175000 161000

Taxes Actual Q2 Q3 Q4 Q1 2022
Corporate Tax Rate (%) 21.40 22 21.4 22 22 22
Personal Income Tax Rate (%) 52.90 61.85 57.2 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 2022
Business Confidence (points) 112.30 97 95 98 102 100
Manufacturing PMI (points) 69.10 52 53.7 54 54 52
Services PMI (points) 65.60 52 53.8 55 55 52
Industrial Production (%) 5.70 3 3.8 3.2 3.2 2.6
Industrial Production Mom (%) 1.10 0.4 -0.7 0.6 0.6 0.6
Manufacturing Production (%) 6.00 3.2 4.1 3 3 2.4
Business Inventories (SEK Million) -5026.01 -3800 -4600 -6200 -6200 -6200

Consumer Actual Q2 Q3 Q4 Q1 2022
Consumer Confidence (points) 103.20 96 95 97.5 99 102
Retail Sales MoM (%) 2.60 0.5 -1.2 0.4 0.4 0.4
Retail Sales YoY (%) 9.10 3.6 2.5 3 3 2.2
Consumer Spending (SEK Million) 544422.00 554947 570643 565110 565110 579803
Disposable Personal Income (SEK Million) 601293.00 669356 600998 624142 624142 640370
Household Spending (%) 0.60 0.6 -1.2 0.5 0.5 0.3
Gasoline Prices (USD/Liter) 1.79 1.59 1.51 1.47 1.36 1.29


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.