Sweden's gross domestic product advanced 0.9 percent on quarter in the three months to June of 2021, picking up momentum from a 0.8 percent expansion in the previous period and beating market expectations of a 0.7 percent gain, a preliminary estimate showed. The Swedish Statistics agency commented the economy continued to grow in the second quarter in line with what had been seen earlier in the year. Year-on-year, output surged a record 10.0 percent, after being flat in the prior quarter. source: Statistics Sweden
GDP Growth Rate in Sweden averaged 0.55 percent from 1981 until 2021, reaching an all time high of 7.50 percent in the third quarter of 2020 and a record low of -7.80 percent in the second quarter of 2020. This page provides - Sweden GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
GDP 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. In the long-term, the Sweden GDP Growth Rate is projected to trend around 0.50 percent in 2022 and 0.40 percent in 2023, according to our econometric models.