The Swedish economy advanced 2.1 percent year-on-year in the first quarter of 2019, compared with a 2.4 percent growth in Q4 and market consensus of 1.7 percent. GDP Annual Growth Rate in Sweden averaged 2.62 percent from 1994 until 2019, reaching an all time high of 7.80 percent in the fourth quarter of 2010 and a record low of -6.20 percent in the first quarter of 2009.

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. Looking forward, we estimate GDP Annual Growth Rate in Sweden to stand at 1.20 in 12 months time. In the long-term, the Sweden GDP Annual Growth Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.

Sweden GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-13 07:30 AM GDP Growth Rate YoY Final Q2 2.5% 2.8% 3.3% 3.3%
2018-11-29 08:30 AM GDP Growth Rate YoY Q3 1.6% 2.7% 2.3% 2.7%
2019-02-28 08:30 AM GDP Growth Rate YoY Q4 2.4% 1.5% 1.5% 1.5%
2019-05-29 07:30 AM GDP Growth Rate YoY Q1 2.1% 2.4% 1.7% 1.7%
2019-07-30 07:30 AM GDP Growth Rate YoY Flash Q2 2.1% 1.7% 1.5%
2019-09-13 07:30 AM GDP Growth Rate YoY Final Q2 2.1% 1.5%
2019-11-29 08:30 AM GDP Growth Rate YoY Q3 1.6%


Sweden GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 1.20 2.50 -3.70 percent [+]
GDP Annual Growth Rate 2.10 2.40 7.80 -6.20 percent [+]
GDP 551.03 535.61 579.36 14.84 USD Billion [+]
GDP Constant Prices 1217244.00 1210010.00 1217244.00 526659.00 SEK Million [+]
Gross National Product 1249945.00 1293157.00 1293157.00 140327.00 SEK Million [+]
Gross Fixed Capital Formation 307037.00 308355.00 308355.00 102387.00 SEK Million [+]
GDP per capita 57232.10 56610.70 57232.10 18142.88 USD [+]
GDP per capita PPP 47193.60 46681.20 47193.60 29098.00 USD [+]
GDP From Agriculture 12664.00 12474.00 14646.00 9842.00 SEK Million [+]
GDP From Construction 71705.00 69545.00 72172.00 46438.00 SEK Million [+]
GDP From Manufacturing 168464.00 167529.00 183762.00 53939.00 SEK Million [+]
GDP From Mining 5183.00 5213.00 8564.00 4599.00 SEK Million [+]
GDP From Public Administration 218108.00 217953.00 218108.00 180706.00 SEK Million [+]
GDP From Services 557641.00 552941.00 557641.00 191612.00 SEK Million [+]
GDP From Transport 44008.00 43737.00 44008.00 24480.00 SEK Million [+]
GDP From Utilities 32595.00 28980.00 32595.00 15355.00 SEK Million [+]


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. This page provides - Sweden GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.40 7.80 -6.20 1994 - 2019 percent Quarterly
WDA




Country Last Previous
China 6.20 Jun/19
India 5.80 Mar/19
Indonesia 5.07 Mar/19
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
Saudi Arabia 1.70 Mar/19
South Korea 1.70 Mar/19
Switzerland 1.70 Mar/19
Canada 1.30 Mar/19
Euro Area 1.20 Mar/19
France 1.20 Mar/19
Mexico 1.20 Mar/19
Japan 0.90 Mar/19
Germany 0.70 Mar/19
Brazil 0.50 Mar/19
Russia 0.50 Mar/19
Singapore 0.10 Jun/19
South Africa 0.00 Mar/19
Italy -0.10 Mar/19
Turkey -2.60 Mar/19
Argentina -5.80 Mar/19


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