Sweden GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Sweden expanded 0.70 percent in the third quarter of 2012 over the same quarter of the previous year. GDP Annual Growth Rate in Sweden is reported by the Statistics Sweden. Historically, from 1994 until 2012, Sweden GDP Annual Growth Rate averaged 2.8 Percent reaching an all time high of 8.1 Percent in December of 2010 and a record low of -6.8 Percent in June of 2009. In Sweden, the annual growth rate in GDP measures the change in the value of the goods and services produced by the country economy during the period of a year. This page includes a chart with historical data for Sweden GDP Annual Growth Rate.

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GDP Annual Growth Rate | Notes

The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.










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