Sweden: economy

What is Sweden's GDP growth rate?

Sweden's GDP grew 1.6% in the second quarter of 2026 compared with the first, seasonally adjusted, and was 3.3% higher than a year earlier, calendar adjusted, according to Statistics Sweden (SCB).

SCB says the rise came mainly from investment, exports and household consumption, while inventories held growth back. Gross fixed capital formation rose 3.5%, driven by machinery, equipment and weapon systems. Household real disposable income was 1.0% higher than a year earlier. Quarterly GDP figures are revised as more data arrive; Eurostat publishes the same series on a comparable EU basis.

Official sources: SCB: National accounts, second quarter 2026 · Eurostat: GDP and main components, quarterly (namq_10_gdp)

What is the inflation rate in Sweden?

Sweden's inflation rate was 1.1% in September 2026, measured by the consumer price index (CPI), up from 0.3% in August, according to Statistics Sweden (SCB). CPIF inflation, which the Riksbank targets, was 1.5%, up from 0.7%.

The CPIF holds mortgage interest rates fixed, so it is not moved directly by Riksbank rate changes; the CPI includes them. SCB says energy was the main source of price increases over the year: fuel prices rose 20% and electricity 17%. CPIF excluding energy (CPIF-XE) was 0.5%. The Riksbank's target is 2% CPIF inflation.

Official sources: SCB: Consumer Price Index, September 2026

What is the Riksbank's policy rate?

The Riksbank's policy rate is 1.75%, held unchanged at its decision announced on 24 September 2026. The next monetary policy decision will be announced on 4 November 2026.

The policy rate is the rate at which banks can deposit money with the Riksbank for a week, and it guides short-term market rates and variable mortgage rates. The Riksbank sets it to keep CPIF inflation close to 2%. With each decision it publishes a forecast of where the rate is likely to go over the coming quarters; this is a forecast, not a commitment.

Official sources: Riksbank: Monetary policy decision, September 2026

What is Sweden's GDP per person?

Sweden's GDP per person was €56,250 in 2025, at current prices, according to Eurostat. Adjusted for price differences between countries, it was 111.1% of the EU average, compared with 113.0% in 2022.

The price-adjusted figure uses purchasing power standards (PPS), an artificial currency in which one unit buys the same amount in every EU country, so it is better for comparing living standards. The euro figure also moves with the krona exchange rate. Sweden's population was 10,621,103 in August 2026, according to Statistics Sweden.

Official sources: Eurostat: Main GDP aggregates per capita (nama_10_pc) · Statistics Sweden

Is Sweden's economy growing?

The latest figure from the World Bank, for 2025, is 1.5%. Its high point since 2005 was 2010, at 5.8%; its low point was 2009, at -4.3%. Across Europe & Central Asia the middle value was 2.1%, and Sweden placed 30th highest of 49. Worldwide: 141st of 180.

What is Sweden's GDP per person?

According to the World Bank, GDP per person in Sweden was $63,133 in 2025. No year since 2005 has been higher. Across Europe & Central Asia the middle value was $28,420, and Sweden placed 8th highest of 49. Worldwide: 12th of 180.

How does Sweden's income per person compare after prices?

According to the World Bank, GDP per person at purchasing power parity in Sweden was $72,529 in international dollars in 2025. That is the highest since at least 2005. Europe & Central Asia median: $50,946 in international dollars; Sweden is 12th highest of 49. World rank, highest first: 18th of 179.

How big are Sweden's exports?

In 2025, exports of goods and services in Sweden was 53.2% of GDP, according to the World Bank. Since 2005 it has ranged from 42.7% of GDP (2013) to 55.2% of GDP (2023). Across Europe & Central Asia the middle value was 47.7% of GDP, and Sweden placed 19th highest of 46. Worldwide: 33rd of 133.

Does Sweden earn more abroad than it spends?

According to the IMF, the current account balance in Sweden was 6.8% of GDP in 2025. The peak was 8.2% of GDP in 2006 and the low 2.0% of GDP in 2016. Europe & Central Asia median: -0.3% of GDP; Sweden is 6th highest of 47. Of 132 countries with 2025 data, 14th highest.

How much foreign investment does Sweden receive?

The latest figure from the IMF, for 2025, is 2.6% of GDP. Its high point since 2005 was 2007, at 9.4% of GDP; its low point was 2014, at -1.0% of GDP. Europe & Central Asia median: 1.9% of GDP; Sweden is 19th highest of 49. Of 179 countries with 2025 data, 73rd highest.