Sweden GDP Growth Rate  1981-2016 | Data | Chart | Calendar | Forecast

The Swedish economy expanded 0.3 percent on quarter in the three months to June of 2016, following a downwardly revised 0.4 percent growth in the previous period and much lower than market expectations of a 0.7 percent expansion. It is the worst performance since a contraction in the second quarter of 2013 as investment stalled and exports fell, preliminary estimates showed. GDP Growth Rate in Sweden averaged 0.55 percent from 1981 until 2016, reaching an all time high of 2.50 percent in the first quarter of 1984 and a record low of -3.70 percent in the fourth quarter of 2008. GDP Growth Rate in Sweden is reported by the Statistics Sweden.

Sweden GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.40 2.50 -3.70 1981 - 2016 percent Quarterly
On the expenditure side, household consumption is the main component of Swedish 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 Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-29 08:30 AM Q4 1.3% 1% 0.7% 1%
2016-05-30 07:30 AM Q1 0.5% 1.6% 0.7% 1.2%
2016-07-29 07:30 AM Q2 0.3% 0.4% 0.7% 1.1%
2016-09-14 07:30 AM Q2 0.4% 0.3% 0.3%
2016-11-29 08:30 AM Q3 1.4%

Sweden GDP Growth at 3-Year Low of 0.3% in Q2


The Swedish economy expanded 0.3 percent on quarter in the three months to June of 2016, following a downwardly revised 0.4 percent growth in the previous period and much lower than market expectations of a 0.7 percent expansion. It is the worst performance since a contraction in the second quarter of 2013 as investment stalled and exports fell, preliminary estimates showed.

Household consumption rose 0.4 percent, general government consumption increased by 0.6 percent and inventories added 0.2 percentage points to growth. 

In contrast, gross fixed capital formation was stagnant, exports shrank 0.3 percent while imports increased 0.3 percent. 

On a yearly basis, the economy expanded 3.1 percent, slowing from a 4.2 percent increase in the first quarter of the year and well below a 3.7 percent growth markets were expecting.

Statistics Sweden | Joana Taborda | joana.taborda@tradingeconomics.com
7/29/2016 9:23:16 AM

Sweden GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 0.40 2.50 -3.70 percent [+]
GDP Annual Growth Rate 3.10 4.20 7.70 -6.20 percent [+]
GDP 492.62 571.10 578.74 14.84 USD Billion [+]
GDP Constant Prices 1067001.00 1063822.00 1067001.00 586148.00 SEK Million [+]
Gross National Product 1070649.00 1129314.00 1129314.00 140327.00 SEK Million [+]
Gross Fixed Capital Formation 263779.00 263661.00 263779.00 106715.00 SEK Million [+]
GDP per capita 54988.62 53385.97 54988.62 18142.94 USD [+]
GDP per capita PPP 45296.46 43976.29 45296.46 29027.79 USD [+]
Gdp From Agriculture 12879.00 12838.00 13467.00 9492.00 SEK Million [+]
Gdp From Construction 62112.00 61479.00 62112.00 39890.00 SEK Million [+]
Gdp From Manufacturing 157492.00 157746.00 167389.00 58253.00 SEK Million [+]
Gdp From Mining 4088.00 3996.00 6325.00 3524.00 SEK Million [+]
Gdp From Public Administration 189685.00 189214.00 189685.00 172530.00 SEK Million [+]
Gdp From Services 482452.00 476983.00 482452.00 224468.00 SEK Million [+]
Gdp From Transport 39485.00 39828.00 39959.00 30523.00 SEK Million [+]
Gdp From Utilities 26481.00 26990.00 27337.00 19375.00 SEK Million [+]




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Senegal -14.10 Mar/16