Sweden GDP Annual Growth Rate

The Swedish economy grew 2.4 percent year-on-year in the fourth quarter of 2018, following a 1.5 percent expansion in the previous period and easily beating market consensus of 1.5 percent. GDP Annual Growth Rate in Sweden averaged 2.62 percent from 1994 until 2018, 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.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-07-30	07:30 AM	GDP Growth Rate YoY Flash	3.3%	3.3%	2.6%	2.8%
2018-09-13	07:30 AM	GDP Growth Rate YoY Final	2.5%	2.8%	3.3%	3.3%
2018-11-29	08:30 AM	GDP Growth Rate YoY	1.6%	2.7%	2.3%	2.7%
2019-02-28	08:30 AM	GDP Growth Rate YoY	2.4%	1.5%	1.5%	1.5%
2019-05-29	07:30 AM	GDP Growth Rate YoY		2.4%	1.5%	1.7%
2019-07-30	07:30 AM	GDP Growth Rate YoY Flash				1.5%
2019-09-13	07:30 AM	GDP Growth Rate YoY Final				1.5%

Sweden GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	1.20	-0.10	2.50	-3.70	percent	[+]
GDP Annual Growth Rate	2.40	1.50	7.80	-6.20	percent	[+]
GDP	538.04	514.46	578.74	14.84	USD Billion	[+]
GDP Constant Prices	1183783.00	1170300.00	1183783.00	515304.00	SEK Million	[+]
Gross National Product	1293157.00	1184599.00	1293157.00	140327.00	SEK Million	[+]
Gross Fixed Capital Formation	291211.00	296085.00	299925.00	99322.00	SEK Million	[+]
GDP per capita	56935.19	56473.02	56935.19	18142.88	USD	[+]
GDP per capita PPP	46949.28	46568.18	46949.28	29058.24	USD	[+]
GDP From Agriculture	11526.00	11554.00	13664.00	9183.00	SEK Million	[+]
GDP From Construction	67550.00	67183.00	71247.00	45822.00	SEK Million	[+]
GDP From Manufacturing	161793.00	158853.00	178395.00	52360.00	SEK Million	[+]
GDP From Mining	5112.00	5165.00	8337.00	4480.00	SEK Million	[+]
GDP From Public Administration	209011.00	207121.00	209011.00	173193.00	SEK Million	[+]
GDP From Services	550473.00	543488.00	550473.00	190697.00	SEK Million	[+]
GDP From Transport	43124.00	43011.00	43327.00	24166.00	SEK Million	[+]
GDP From Utilities	28980.00	28181.00	31513.00	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 May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.40	1.50	7.80	-6.20	1994 - 2018	percent	Quarterly	WDA

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Country	Last		Previous	Range
India	6.60	Dec/18	7	11.4 : -5.2	%
China	6.40	Mar/19	6.4	15.4 : 3.8	%
Indonesia	5.07	Mar/19	5.18	7.16 : 1.56	%
Saudi Arabia	3.60	Dec/18	2.5	24.2 : -20.7	%
United States	3.20	Mar/19	3	13.4 : -3.9	%
Spain	2.40	Mar/19	2.3	5.6 : -4.3	%
Australia	2.30	Dec/18	2.7	9 : -3.4	%
South Korea	1.80	Mar/19	3.1	20.8 : -7.3	%
United Kingdom	1.80	Mar/19	1.4	9.7 : -6.1	%
Netherlands	1.70	Mar/19	2.2	6.1 : -4.6	%
Canada	1.60	Dec/18	1.9	9.3 : -4.1	%
Switzerland	1.40	Dec/18	2.4	5.8 : -3.7	%
Mexico	1.30	Mar/19	1.7	9 : -9.1	%
Singapore	1.30	Mar/19	1.9	19 : -8.8	%
Euro Area	1.20	Mar/19	1.2	5 : -5.5	%
Brazil	1.10	Dec/18	1.3	10.1 : -5.5	%
France	1.10	Mar/19	1	12.6 : -3.8	%
South Africa	1.10	Dec/18	1.3	7.1 : -2.6	%
Germany	0.70	Mar/19	0.6	7.2 : -6.8	%
Russia	0.50	Mar/19	2.7	12.1 : -11.2	%
Japan	0.30	Dec/18	0.1	9.4 : -8.8	%
Italy	0.10	Mar/19	0	10.3 : -7.2	%
Turkey	-3.00	Dec/18	1.8	11.7 : -14.4	%
Argentina	-6.20	Dec/18	-3.7	16.2 : -16.3	%