Economy of Sweden. Statistics, Data and Indicators
Sweden
| 99AAA | Credit rank #7 |
| 176.81 | Quality of life #10 |
| 4 | Corruption rank#5 |
| 10 | Ease of doing business#12 |
Sweden Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 627 USD Billion | 2021 |
| GDP Annual Growth Rate | 3 % | 1Q/22 |
| GDP Growth Rate | -0.8 % | 1Q/22 |
| GDP per capita | 51621 USD | 2020 |
| Inflation Rate YoY | 7.3 % | May/22 |
| Interest Rate | 0.75 % | Jun/22 |
| Unemployment Rate | 8.5 % | May/22 |
| Wages | 185 SEK/Hour | 2808.616 USD/Month | Apr/22 |
| Balance of Trade | -1900 SEK Million | -0.18 B USD | May/22 |
| Current Account | 57.5 SEK Billion | 5.456 B USD | 1Q/22 |
| Foreign Exchange Reserves | 581315 SEK Million | 55.158 B USD | May/22 |
| Government Debt | 1033715 SEK Million | 98.085 B USD | May/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 627 USD Billion | 2021 |
| GDP Annual Growth Rate | 3 % | 1Q/22 |
| GDP Growth Rate | -0.8 % | 1Q/22 |
| GDP per capita | 51621 USD | 2020 |
| Gross National Product | 1414526 SEK Million | 134.218 USD Billion | 1Q/22 |
| GDP Constant Prices | 1377350 SEK Million | 130.691 B USD | 1Q/22 |
| GDP per capita PPP | 50683 USD | 2020 |
| GDP From Agriculture | 17390 SEK Million | 1.65 B USD | 1Q/22 |
| GDP From Construction | 82195 SEK Million | 7.799 B USD | 1Q/22 |
| GDP From Manufacturing | 173270 SEK Million | 16.441 B USD | 1Q/22 |
| GDP From Mining | 9810 SEK Million | 0.931 B USD | 1Q/22 |
| GDP From Public Administration | 241309 SEK Million | 22.897 B USD | 1Q/22 |
| GDP From Services | 643221 SEK Million | 61.032 B USD | 1Q/22 |
| GDP From Transport | 46958 SEK Million | 4.456 B USD | 1Q/22 |
| GDP From Utilities | 39480 SEK Million | 3.746 B USD | 1Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 36.7 % | 2021 |
| Government Budget Value | 69179 SEK Million | 6.564 USD Billion | May/22 |
| Government Spending | 351905 SEK Million | 33.391 USD Billion | 1Q/22 |
| Government Debt | 1033715 SEK Million | 98.085 USD Billion | May/22 |
| Government Revenues | 158771 SEK Million | 15.065 USD Billion | May/22 |
| Fiscal Expenditure | 89592 SEK Million | 8.501 B USD | May/22 |
| Government Budget to GDP | -0.2 % | 2021 |
| Government Spending to GDP | 52.9 % | 2020 |
| Military Expenditure | 6234 USD Million | 6.234 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 366 index points | May/22 |
| Export Prices | 135 index points | May/22 |
| Food Inflation | 8.8 % | May/22 |
| Gasoline Prices | 2.22 USD/Liter | Jun/22 |
| Import Prices | 137 index points | May/22 |
| Inflation Rate YoY | 7.3 % | May/22 |
| Producer Prices | 134 index points | May/22 |
| Inflation Rate Mom | 1 % | May/22 |
| Core Consumer Prices | 240 Index Points | May/22 |
| Core Inflation Rate | 7.2 % | May/22 |
| CPI Housing Utilities | 461 Index Points | May/22 |
| CPI Transportation | 533 Index Points | May/22 |
| Harmonised Consumer Prices | 118 Index Points | May/22 |
| Inflation Expectations | 10.6 % | Jun/22 |
| Producer Prices Change | 24.4 % | May/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 5.2 % | 2020 |
| Weapons Sales | 286 USD Million | 2020 |
| Balance of Trade | -1900 SEK Million | -0.18 USD Billion | May/22 |
| Capital Flows | 160 SEK Billion | 15.182 USD Billion | 1Q/22 |
| Current Account | 57.5 SEK Billion | 5.456 USD Billion | 1Q/22 |
| Exports | 169800 SEK Million | 16.112 USD Billion | May/22 |
| External Debt | 100415 SEK Million | 9.528 USD Billion | 1Q/22 |
| Foreign Exchange Reserves | 581315 SEK Million | 55.158 USD Billion | May/22 |
| Imports | 171700 SEK Million | 16.292 USD Billion | May/22 |
| Terms of Trade | 98.47 Index Points | May/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 126 Tonnes | 1Q/22 |
| Interbank Rate | 0.79 % | Jul/22 |
| Interest Rate | 0.75 % | Jun/22 |
| Loans to Private Sector | 1712565 SEK Million | 162.498 USD Billion | May/22 |
| Money Supply M0 | 67074 SEK Million | 6.364 USD Billion | May/22 |
| Money Supply M1 | 4540978 SEK Million | 430.874 USD Billion | May/22 |
| Money Supply M2 | 4868193 SEK Million | 461.922 USD Billion | May/22 |
| Money Supply M3 | 4958880 SEK Million | 470.527 USD Billion | May/22 |
| Central Bank Balance Sheet | 1575984 SEK Million | 149.538 B USD | May/22 |
| Deposit Interest Rate | 0.15 % | Apr/22 |
| Foreign Direct Investment | 66.5 SEK Billion | 6.31 B USD | 4Q/21 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Retirement Age Men | 62 | 2021 |
| Retirement Age Women | 62 | 2021 |
| Unemployment Rate | 8.5 % | May/22 |
| Wages | 185 SEK/Hour | 2808.616 USD/Month | Apr/22 |
| Youth Unemployment Rate | 21.7 % | May/22 |
| Employed Persons | 5175 Thousand Person | 5.175 Million Person | May/22 |
| Employment Change | 0.5 % | 4Q/21 |
| Employment Rate | 68.5 % | Apr/22 |
| Full Time Employment | 3877 Thousand Person | 4Q/21 |
| Job Vacancies | 1887 Hundred | 188.7 K | May/22 |
| Labor Force Participation Rate | 75.1 % | May/22 |
| Long Term Unemployment Rate | 1.9 % | 4Q/21 |
| Part Time Employment | 995 Thousand Persons | 4Q/21 |
| Unemployed Persons | 482 Thousand Persons | 0.482 Million Persons | May/22 |
| Wage Growth | 1.9 % | Feb/22 |
| Wages in Manufacturing | 198 SEK/Hour | 3005.978 USD/Month | Apr/22 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 20.6 % | 2021 |
| Personal Income Tax Rate | 52.9 % | 2021 |
| Sales Tax Rate | 25 % | 2021 |
| Social Security Rate | 38.42 % | 2021 |
| Social Security Rate For Companies | 31.42 % | 2021 |
| Social Security Rate For Employees | 7 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 0 BBL/D/1K | Jun/17 |
| Electricity Production | 14354 GWh | Apr/22 |
| Industrial Production | 0.2 % | May/22 |
| Mining Production | 7 % | Mar/22 |
| Steel Production | 410 Thousand Tonnes | Dec/20 |
| Industrial Production (MoM) | 0.5 % | May/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 610 companies | May/22 |
| Business Confidence | 112 index points | Jun/22 |
| Corruption Index | 85 index points | 2021 |
| Corruption Rank | 4 place | 2021 |
| Ease of Doing Business | 10 place | 2019 |
| Manufacturing PMI | 53.7 index points | Jun/22 |
| Manufacturing Production | 0.7 % | Mar/22 |
| Services PMI | 62.8 index points | Jun/22 |
| Competitiveness Index | 81.25 Index Points | 2019 |
| Competitiveness Rank | 8 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 65.5 index points | Jun/22 |
| Private Debt To GDP | 310 % | 2020 |
| Retail Sales MoM | -0.6 % | May/22 |
| Retail Sales YoY | -2.3 % | May/22 |
| Consumer Spending | 613999 SEK Million | 58.26 USD Billion | 1Q/22 |
| Disposable Personal Income | 645530 SEK Million | 61.252 B USD | 1Q/22 |
| Household Spending | 5.2 % | May/22 |
| Households Debt To GDP | 94.4 % | 3Q/21 |
| Households Debt To Income | 172 % | 2021 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 8.7 % | May/22 |
