Sweden GDP Annual Growth Rate  1994-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Sweden expanded 3.90 percent in the third quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Sweden averaged 2.59 percent from 1994 until 2015, reaching an all time high of 7.70 percent in the fourth quarter of 2010 and a record low of -6.10 percent in the first quarter of 2009. GDP Annual Growth Rate in Sweden is reported by the Statistics Sweden.

Sweden GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.40 7.70 -6.10 1994 - 2015 percent Quarterly
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. Despite strong finances, the Swedish economy slid into recession in 2008 and growth continued downward in 2009 as export demand and consumption fell. Strong exports of commodities and a return to profitability the banking sector drove a rebound in 2010, but growth slipped in 2012. In 2014 both private and public spending rebounded, as well as fixed investment which grew the most in seven years. 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-07-30 08:30 AM Q2 3% 2.5% 2.5% 2.3%
2015-09-11 08:30 AM Q2 3.3% 2.8% 3% 3%
2015-11-30 08:30 AM Q3 3.9% 3.4% 3.4% 3.5%
2016-02-29 08:30 AM Q4 3.9% 4%
2016-05-30 07:30 AM Q1 3.90%
2016-09-14 07:30 AM Q2

Sweden GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 1.00 2.30 -3.70 percent [+]
GDP Annual Growth Rate 3.90 3.40 7.70 -6.10 percent [+]
GDP 571.09 578.74 578.74 14.84 USD Billion [+]
GDP Constant Prices 1020732.00 1012162.00 1020732.00 575382.00 SEK Million [+]
Gross National Product 1050178.00 1058603.00 1071092.00 140327.00 SEK Million [+]
Gross Fixed Capital Formation 248858.00 245846.00 248858.00 104417.00 SEK Million [+]
GDP per capita 46061.43 45453.65 46061.43 14909.55 USD [+]
GDP per capita PPP 44028.86 43447.90 44028.86 29027.79 USD [+]




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South Korea 3.00 Dec/15
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Thailand 2.90 Sep/15
Nigeria 2.84 Sep/15
Croatia 2.80 Sep/15
Haiti 2.80 Dec/14
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El Salvador 2.60 Sep/15
Iceland 2.60 Sep/15
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Israel 2.52 Sep/15
Australia 2.50 Sep/15
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Brunei 1.90 Sep/15
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South Africa 1.00 Sep/15
Bahamas 0.93 Dec/14
Italy 0.80 Sep/15
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