Name: Sweden Full Year GDP Growth
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

The Swedish economy expanded by 1% in 2024, rebounding from a downwardly revised 0.1% contraction last year. Full Year GDP Growth in Sweden averaged 2.09 percent from 1981 until 2024, reaching an all time high of 6.00 percent in 2010 and a record low of -4.30 percent in 2009. source: Statistics Sweden

Full Year GDP Growth in Sweden is expected to reach 1.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Full Year GDP Growth is projected to trend around 2.40 percent in 2026 and 2.30 percent in 2027, according to our econometric models.

Related	Last	Previous	Unit	Reference
Full Year GDP Growth	1.00	-0.10	percent	Dec 2024
GDP	610.12	585.49	USD Billion	Dec 2024
GDP Growth Rate YoY	1.40	0.60	percent	Jun 2025
GDP Constant Prices	1609871.00	1602349.00	SEK Million	Jun 2025
GDP from Agriculture	21388.00	22078.00	SEK Million	Jun 2025
GDP from Construction	84494.00	85093.00	SEK Million	Jun 2025
GDP from Manufacturing	205343.00	204414.00	SEK Million	Jun 2025
GDP from Mining	10059.00	9275.00	SEK Million	Jun 2025
GDP from Public Administration	297026.00	298103.00	SEK Million	Jun 2025
GDP from Services	764354.00	757550.00	SEK Million	Jun 2025
GDP from Transport	49482.00	51367.00	SEK Million	Jun 2025
GDP from Utilities	39748.00	40018.00	SEK Million	Jun 2025
GDP Growth Rate	0.50	-0.20	percent	Jun 2025
Gross Fixed Capital Formation	399919.00	393101.00	SEK Million	Jun 2025
Gross National Product	1719462.00	1641544.00	SEK Million	Jun 2025
GDP MoM	0.50	-0.80	percent	Jun 2025
Monthly GDP YoY	1.00	0.40	percent	Jun 2025

Sweden Full Year GDP Growth

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. 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.