The Gross Domestic Product (GDP) in Sweden was worth 530.83 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Sweden represents 0.44 percent of the world economy. source: World Bank

GDP in Sweden averaged 238.13 USD Billion from 1960 until 2019, reaching an all time high of 586.84 USD Billion in 2013 and a record low of 15.82 USD Billion in 1960. This page provides the latest reported value for - Sweden GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden GDP - values, historical data and charts - was last updated on November of 2020.

GDP in Sweden is expected to reach 450.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden GDP is projected to trend around 510.00 USD Billion in 2021 and 575.00 USD Billion in 2022, according to our econometric models.

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Sweden GDP

Actual Previous Highest Lowest Dates Unit Frequency
530.83 555.46 586.84 15.82 1960 - 2019 USD Billion Yearly
Current USD

Sweden GDP Last Previous Highest Lowest Unit
GDP Growth Rate 4.30 -8.60 4.30 -8.60 percent [+]
GDP Annual Growth Rate -3.50 -8.20 7.50 -8.20 percent [+]
GDP 530.83 555.46 586.84 15.82 USD Billion [+]
GDP Constant Prices 1157760.00 1262585.00 1262585.00 519710.00 SEK Million [+]
Gross National Product 1261063.00 1278092.00 1346882.00 142255.00 SEK Million [+]
Gross Fixed Capital Formation 292736.00 306647.00 315929.00 106366.00 SEK Million [+]
GDP per capita 57975.10 57911.20 57975.10 18050.10 USD [+]
GDP per capita PPP 53205.10 53146.50 53205.10 32574.60 USD [+]
GDP From Agriculture 17501.00 18187.00 19130.00 10609.00 SEK Million [+]
GDP From Construction 75560.00 76796.00 76796.00 40885.00 SEK Million [+]
GDP From Manufacturing 126528.00 166579.00 177524.00 56751.00 SEK Million [+]
GDP From Mining 8077.00 8308.00 12457.00 5017.00 SEK Million [+]
GDP From Public Administration 217623.00 227073.00 227737.00 180417.00 SEK Million [+]
GDP From Services 535737.00 578433.00 579828.00 178733.00 SEK Million [+]
GDP From Transport 33998.00 44353.00 46161.00 24672.00 SEK Million [+]
GDP From Utilities 30441.00 31807.00 38454.00 16581.00 SEK Million [+]


Sweden GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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