The Gross Domestic Product (GDP) in Sweden expanded 0.40 percent in the first quarter of 2020 over the same quarter of the previous year. It compares with preliminary estimates of a 0.5 percent gain.
GDP Annual Growth Rate in Sweden averaged 2.67 percent from 1994 until 2020, reaching an all time high of 7.70 percent in the fourth quarter of 2010 and a record low of -5.40 percent in the first quarter of 2009. 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 May of 2020. source: Statistics Sweden
GDP Annual Growth Rate in Sweden is expected to be -12.60 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 -2.20 in 12 months time. In the long-term, the Sweden GDP Annual Growth Rate is projected to trend around 6.20 percent in 2021 and 2.60 percent in 2022, according to our econometric models.