The Gross Domestic Product (GDP) in Sweden expanded 3.80 percent in the second quarter of 2022 over the same quarter of the previous year. source: Statistics Sweden

GDP Annual Growth Rate in Sweden averaged 2.22 percent from 1982 until 2022, reaching an all time high of 10 percent in the second quarter of 2021 and a record low of -8 percent in the second quarter of 2020. This page provides - Sweden GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

GDP Annual Growth Rate in Sweden is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden GDP Annual Growth Rate is projected to trend around 1.30 percent in 2023, according to our econometric models.

Ok
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.

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.

Please Paste this Code in your Website
width
height
Sweden GDP Annual Growth Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-07-28 06:00 AM YoY Flash Q2 4.2% 3% 2.9%
2022-08-29 06:00 AM YoY Final Q2 3.8% 3.9% 4.2% 4.2%
2022-10-28 06:00 AM YoY Flash Q3 3.8% 1.5%


Related Last Previous Unit Reference
GDP Growth Rate 0.90 0.20 percent Jun 2022
GDP Annual Growth Rate 3.80 3.90 percent Jun 2022
GDP Constant Prices 1401517.00 1377350.00 SEK Million Jun 2022
Gross National Product 1551788.00 1414526.00 SEK Million Jun 2022
Gross Fixed Capital Formation 370384.00 345863.00 SEK Million Jun 2022
Full Year GDP Growth 4.80 -2.80 percent Dec 2021
GDP from Utilities 43361.00 39480.00 SEK Million Jun 2022
GDP from Transport 47509.00 46958.00 SEK Million Jun 2022
GDP from Services 661209.00 643221.00 SEK Million Jun 2022
GDP from Public Administration 241954.00 241309.00 SEK Million Jun 2022
GDP from Mining 12402.00 9810.00 SEK Million Jun 2022
GDP from Manufacturing 174093.00 173270.00 SEK Million Jun 2022
GDP from Construction 83758.00 82195.00 SEK Million Jun 2022
GDP from Agriculture 17365.00 17390.00 SEK Million Jun 2022

Sweden GDP Annual Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.90 10.00 -8.00 1982 - 2022 percent Quarterly
WDA