Sweden's industrial production went up 0.8 percent from a year earlier in November of 2020, following an upwardly revised 0.6 percent increase in October, as the economy gradually recovers from the pandemic shock. It was the strongest increase in industrial activity since November of 2019, supported by manufacturing (1.1 percent vs 0.8 percent in October). By contrast, mining production continued to fall although at a softer pace (-2.6 percent vs -4.1 percent). On a monthly basis, industrial output increased 1.5 percent, easing from an upwardly revised 2 percent rise in the prior month. source: Statistics Sweden

Industrial Production in Sweden averaged 0.50 percent from 2001 until 2020, reaching an all time high of 15.10 percent in July of 2010 and a record low of -22.90 percent in May of 2009. This page provides the latest reported value for - Sweden Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Industrial Production Value Index YoY - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Industrial Production in Sweden is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Sweden to stand at 3.20 in 12 months time. In the long-term, the Sweden Industrial Production Value Index YoY is projected to trend around 2.60 percent in 2022, according to our econometric models.

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Sweden Industrial Production Value Index YoY

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.60 15.10 -22.90 2001 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-06 07:30 AM Aug -0.2% -8% -6.3%
2020-11-05 08:30 AM Sep -2.4% -1.4% -2.3%
2020-12-07 08:30 AM Oct 0.2% -1.8% -1%
2021-01-08 08:30 AM Nov 0.8% 0.6% -1%
2021-02-05 08:30 AM Dec 0.8%
2021-03-05 08:30 AM Jan
2021-04-07 07:30 AM Feb
2021-05-05 07:30 AM Mar


News Stream
Swedish Industrial Output Rises the Most in a Year
Sweden's industrial production went up 0.8 percent from a year earlier in November of 2020, following an upwardly revised 0.6 percent increase in October, as the economy gradually recovers from the pandemic shock. It was the strongest increase in industrial activity since November of 2019, supported by manufacturing (1.1 percent vs 0.8 percent in October). By contrast, mining production continued to fall although at a softer pace (-2.6 percent vs -4.1 percent). On a monthly basis, industrial output increased 1.5 percent, easing from an upwardly revised 2 percent rise in the prior month.
2021-01-08
Swedish Industrial Output Falls for 6th Straight Month
Sweden's industrial production fell 2.4 percent from a year earlier in September 2020, following a revised 1.4 percent decline in the previous month, as the COVID-19 crisis continued to hurt activity and demand. Manufacturing output declined 2.2 percent, after a 1.4 percent drop in August; while mining and quarrying shrank 4.9 percent, compared to a 3.4 percent fall in the previous month.
2020-11-05
Swedish Industrial Output Contraction Eases in August
Sweden's industrial production fell 0.2 percent from a year earlier in August 2020, following an 8.0 percent slump in the previous month, as the economy continued to recover from the pandemic shock. Manufacturing output declined 0.1 percent, after an 8.7 percent slump in July; while mining and quarrying shrank 3.2 percent, compared to a 0.3 percent drop in the previous month.
2020-10-06
Swedish Industrial Output Drops for 4th Month
Sweden's industrial production dropped 8 percent from a year earlier in July 2020, following an upwardly revised 8.9 percent fall in the previous month, amid the coronavirus pandemic. Manufacturing output declined 8.7 percent, after decreasing 9.1 percent in June; while mining production was unchanged following a 1.3 percent drop. On a monthly basis, industrial output increased 2.4 percent, easing from a downwardly revised 8.2 percent rise in the prior month.
2020-09-08

Sweden Industrial Production Value Index YoY
In Sweden, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing and mining.