Name: Sweden Full Year GDP Growth
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

Sweden's economy expanded by 2.4 percent in 2022, easing from a 4.8 percent growth in 2021, a preliminary estimate showed. source: Statistics Sweden

Full Year GDP Growth in Sweden averaged 2.16 percent from 1981 until 2022, reaching an all time high of 6.00 percent in 2010 and a record low of -4.30 percent in 2009. This page includes a chart with historical data for Sweden Full Year GDP Growth. Sweden Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Features Questions? Contact us Already a Member? Login

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Please Paste this Code in your Website

width

height

Preview

Related	Last	Previous	Unit	Reference
GDP Growth Rate	0.60	-0.50	percent	Mar 2023
GDP Annual Growth Rate	0.80	-0.40	percent	Mar 2023
GDP	635.66	547.05	USD Billion	Dec 2021

Sweden Full Year GDP Growth

Sweden has an economy heavily oriented toward foreign trade with timber, hydro-power, and iron ore constituting its resource base. Engineering sector accounts for about 50 percent of output and exports. On the expenditure side, household consumption is the main component of GDP and accounts for 46 percent of its total use, followed by government consumption (26 percent) and gross fixed capital formation (23 percent). Exports of goods and services account for 45 percent of GDP while imports account for 41 percent, adding 4 percent of total GDP.