Economy of Sweden. Statistics, Data and Indicators

Sweden
99AAA | Credit rank #7 |
176.81 | Quality of life #10 |
3 | Corruption rank#5 |
10 | Ease of doing business#12 |

Sweden Major Economic Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 531 USD Billion | 2019 |
GDP Annual Growth Rate | -2.2 % | 4Q/20 |
GDP Growth Rate | -0.2 % | 4Q/20 |
GDP per capita | 57975 USD | 2019 |
Inflation Rate YoY | 1.7 % | Mar/21 |
Interest Rate | 0 % | Feb/21 |
Unemployment Rate | 9.7 % | Feb/21 |
Wages | 182 SEK/Hour | 3446.386 USD/Month | Dec/20 |
Balance of Trade | 7300 SEK Million | 0.864 B USD | Feb/21 |
Current Account | 57.4 SEK Billion | 6.793 B USD | 4Q/20 |
Foreign Exchange Reserves | 459013 SEK Million | 54.325 B USD | Feb/21 |
Government Debt | 1239196 SEK Million | 146.66 B USD | Mar/21 |
GDP

531
USD Billion
#25 from 174 countries
GDP per capita

57975
USD
#9 from 169 countries
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 531 USD Billion | 2019 |
GDP Annual Growth Rate | -2.2 % | 4Q/20 |
GDP Growth Rate | -0.2 % | 4Q/20 |
GDP per capita | 57975 USD | 2019 |
Gross National Product | 1335273 SEK Million | 158.031 USD Billion | 4Q/20 |
GDP Constant Prices | 1231835 SEK Million | 145.789 B USD | 4Q/20 |
GDP per capita PPP | 53205 USD | 2019 |
GDP From Agriculture | 17320 SEK Million | 2.05 B USD | 4Q/20 |
GDP From Construction | 75693 SEK Million | 8.958 B USD | 4Q/20 |
GDP From Manufacturing | 163097 SEK Million | 19.303 B USD | 4Q/20 |
GDP From Mining | 7999 SEK Million | 0.947 B USD | 4Q/20 |
GDP From Public Administration | 221864 SEK Million | 26.258 B USD | 4Q/20 |
GDP From Services | 562496 SEK Million | 66.572 B USD | 4Q/20 |
GDP From Transport | 38088 SEK Million | 4.508 B USD | 4Q/20 |
GDP From Utilities | 29895 SEK Million | 3.538 B USD | 4Q/20 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 35.1 % | 2019 |
Government Budget Value | 55054 SEK Million | 6.516 USD Billion | Feb/21 |
Government Spending | 324389 SEK Million | 38.392 USD Billion | 4Q/20 |
Government Debt | 1239196 SEK Million | 146.66 USD Billion | Mar/21 |
Government Revenues | 239766 SEK Million | 28.377 USD Billion | Feb/21 |
Fiscal Expenditure | 184712 SEK Million | 21.861 B USD | Feb/21 |
Government Budget to GDP | 0.5 % | 2019 |
Government Spending to GDP | 49.3 % | 2019 |
Military Expenditure | 6326 USD Million | 6.326 B USD | 2019 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 340 index points | Mar/21 |
Export Prices | 112 index points | Feb/21 |
Food Inflation | -0.1 % | Mar/21 |
Gasoline Prices | 1.76 USD/Liter | Mar/21 |
Import Prices | 110 index points | Feb/21 |
Inflation Rate YoY | 1.7 % | Mar/21 |
Producer Prices | 114 index points | Feb/21 |
Inflation Rate Mom | 0.2 % | Mar/21 |
Core Consumer Prices | 222 Index Points | Mar/21 |
Core Inflation Rate | 1.9 % | Mar/21 |
CPI Housing Utilities | 423 Index Points | Mar/21 |
CPI Transportation | 477 Index Points | Mar/21 |
Harmonised Consumer Prices | 109 Index Points | Mar/21 |
Inflation Expectations | 3.8 % | Mar/21 |
Producer Prices Change | 1.3 % | Feb/21 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | 5.2 % | 2020 |
Weapons Sales | 286 USD Million | 2020 |
Balance of Trade | 7300 SEK Million | 0.864 USD Billion | Feb/21 |
Capital Flows | 45.8 SEK Billion | 5.42 USD Billion | 4Q/20 |
Current Account | 57.4 SEK Billion | 6.793 USD Billion | 4Q/20 |
Exports | 122900 SEK Million | 14.545 USD Billion | Feb/21 |
External Debt | 8523 SEK Million | 1.009 USD Billion | 3Q/20 |
Foreign Exchange Reserves | 459013 SEK Million | 54.325 USD Billion | Feb/21 |
Imports | 115600 SEK Million | 13.681 USD Billion | Feb/21 |
Terms of Trade | 101 Index Points | Feb/21 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Gold Reserves | 126 Tonnes | 4Q/20 |
Interbank Rate | -0.02 % | Apr/21 |
Interest Rate | 0 % | Feb/21 |
Loans to Private Sector | 1434868 SEK Million | 169.818 USD Billion | Feb/21 |
Money Supply M0 | 60242 SEK Million | 7.13 USD Billion | Feb/21 |
Money Supply M1 | 3782232 SEK Million | 447.632 USD Billion | Feb/21 |
Money Supply M2 | 4298127 SEK Million | 508.688 USD Billion | Feb/21 |
Money Supply M3 | 4424001 SEK Million | 523.586 USD Billion | Feb/21 |
Central Bank Balance Sheet | 1348335 SEK Million | 159.577 B USD | Feb/21 |
Deposit Interest Rate | -0.1 % | Feb/21 |
Foreign Direct Investment | 20.7 SEK Billion | 2.45 B USD | 3Q/20 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Retirement Age Men | 62 | 2020 |
Retirement Age Women | 62 | 2020 |
Unemployment Rate | 9.7 % | Feb/21 |
Wages | 182 SEK/Hour | 3446.386 USD/Month | Dec/20 |
Youth Unemployment Rate | 23.6 % | Feb/21 |
Employed Persons | 4949 Thousand Person | 4.949 Million Person | Feb/21 |
Employment Change | 0.4 % | 4Q/20 |
Employment Rate | 64.7 % | Jan/21 |
Full Time Employment | 3768 Thousand Person | 4Q/20 |
Job Vacancies | 1230 Hundred | 123 K | Mar/21 |
Labor Force Participation Rate | 71.3 % | Jan/21 |
Long Term Unemployment Rate | 1.2 % | 3Q/20 |
Part Time Employment | 1086 Thousand Persons | 4Q/20 |
Unemployed Persons | 531 Thousand Persons | 0.531 Million Persons | Feb/21 |
Wage Growth | 1.4 % | Nov/20 |
Wages in Manufacturing | 192 SEK/Hour | 3635.748 USD/Month | Dec/20 |
Taxes
Indicator | Data | Period |
---|---|---|
Corporate Tax Rate | 21.4 % | 2020 |
Personal Income Tax Rate | 57.2 % | 2020 |
Sales Tax Rate | 25 % | 2020 |
Social Security Rate | 38.42 % | 2020 |
Social Security Rate For Companies | 31.42 % | 2020 |
Social Security Rate For Employees | 7 % | 2020 |
Production Indicators
Indicator | Data | Period |
---|---|---|
Crude Oil Production | 0 BBL/D/1K | Jun/17 |
Electricity Production | 16318 GWh | Jan/21 |
Industrial Production | 2.4 % | Feb/21 |
Mining Production | 9.4 % | Feb/21 |
Steel Production | 410 Thousand Tonnes | Dec/20 |
Industrial Production (MoM) | 1 % | Feb/21 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Bankruptcies | 648 companies | Mar/21 |
Business Confidence | 101 index points | Mar/21 |
Corruption Index | 85 index points | 2020 |
Corruption Rank | 3 place | 2020 |
Ease of Doing Business | 10 place | 2019 |
Manufacturing PMI | 63.7 index points | Mar/21 |
Manufacturing Production | 2 % | Feb/21 |
Services PMI | 61.3 index points | Mar/21 |
Competitiveness Index | 81.25 Index Points | 2019 |
Competitiveness Rank | 8 | 2019 |
Consumer Indicators
Indicator | Data | Period |
---|---|---|
Consumer Confidence | 97.1 index points | Mar/21 |
Private Debt To GDP | 294 % | 2019 |
Retail Sales MoM | 0.7 % | Feb/21 |
Retail Sales YoY | 4.6 % | Feb/21 |
Consumer Spending | 544422 SEK Million | 64.433 USD Billion | 4Q/20 |
Disposable Personal Income | 601293 SEK Million | 71.164 B USD | 4Q/20 |
Household Spending | 2 % | Feb/21 |
Households Debt To GDP | 93.1 % | 3Q/20 |
Households Debt To Income | 162 % | 2019 |
Housing Market
Indicator | Data | Period |
---|---|---|
Construction Output | 5.8 % | Feb/21 |
Government Debt

146.66
USD Billion
#25 from 65 countries
Balance of Trade

0.864
USD Billion
#42 from 173 countries
Gold Reserves

126
Tonnes
#29 from 114 countries
Foreign Exchange Reserves

54.325
USD Billion
#35 from
114 countries
Government Budget Value

6.516
USD Billion
#6 from 113 countries
Inflation Rate

1.7
%
#105 from
174 countries
Interest Rate

0
%
#157 from
159 countries
Bank Lending Rate

N/A%
#N/A from
N/A countries
Unemployment Rate

9.7
%
#68 from
171 countries
Wages

3446.386
USD/Month
#19 from
82 countries
Retirement Age


62
62
men
women
Taxes


21.4%
57.2%
company profits
income of individuals