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Economy of Sweden. Statistics, Data and Indicators

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


Sweden Major Economic Indicators

Indicator Data Period
GDP Value 627 USD Billion 2021
GDP Annual Growth Rate 2.5 % 3Q/22
GDP Growth Rate 0.6 % 3Q/22
GDP per capita 53693 USD 2021
Inflation Rate YoY 10.9 % Oct/22
Interest Rate 2.5 % Nov/22
Unemployment Rate 7.1 % Oct/22
Wages 182 SEK/Hour | 2812.711 USD/Month Aug/22
Balance of Trade -9500 SEK Million | -0.918 B USD Oct/22
Current Account 36 SEK Billion | 3.477 B USD 2Q/22
Foreign Exchange Reserves 662990 SEK Million | 64.038 B USD Oct/22
Government Debt 1043567 SEK Million | 100.799 B USD Oct/22


GDP Indicators

Indicator Data Period
GDP Value 627 USD Billion 2021
GDP Annual Growth Rate 2.5 % 3Q/22
GDP Growth Rate 0.6 % 3Q/22
GDP per capita 53693 USD 2021
Gross National Product 1500629 SEK Million | 144.946 USD Billion 3Q/22
GDP Constant Prices 1405464 SEK Million | 135.754 B USD 3Q/22
GDP per capita PPP 53050 USD 2021
GDP From Agriculture  16675 SEK Million | 1.611 B USD 3Q/22
GDP From Construction  83293 SEK Million | 8.045 B USD 3Q/22
GDP From Manufacturing  176981 SEK Million | 17.095 B USD 3Q/22
GDP From Mining  11724 SEK Million | 1.132 B USD 3Q/22
GDP From Public Administration  243458 SEK Million | 23.516 B USD 3Q/22
GDP From Services  660467 SEK Million | 63.795 B USD 3Q/22
GDP From Transport  48780 SEK Million | 4.712 B USD 3Q/22
GDP From Utilities  50306 SEK Million | 4.859 B USD 3Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 36.7 % 2021
Government Budget Value -5944 SEK Million | -0.574 USD Billion Sep/22
Government Spending 350496 SEK Million | 33.855 USD Billion 3Q/22
Government Debt 1043567 SEK Million | 100.799 USD Billion Oct/22
Government Revenues 88137 SEK Million | 8.513 USD Billion Sep/22
Fiscal Expenditure  94081 SEK Million | 9.087 B USD Sep/22
Government Budget to GDP -0.2 % 2021
Government Spending to GDP 50.2 % 2021
Military Expenditure 7887 USD Million | 7.887 B USD 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 384 index points Oct/22
Export Prices 139 index points Oct/22
Food Inflation 17.23 % Oct/22
Gasoline Prices 1.81 USD/Liter Nov/22
Import Prices 144 index points Oct/22
Inflation Rate YoY 10.9 % Oct/22
Producer Prices 138 index points Oct/22
Inflation Rate Mom 0.2 % Oct/22
Core Consumer Prices 248 Index Points Oct/22
Core Inflation Rate 9.3 % Oct/22
CPI Housing Utilities 498 Index Points Oct/22
CPI Transportation 553 Index Points Oct/22
Harmonised Consumer Prices 122 Index Points Oct/22
Inflation Expectations 10.3 % Nov/22
Producer Prices Change  18.7 % Oct/22


Trade Indicators

Indicator Data Period
Current Account to GDP 5.3 % 2021
Weapons Sales 286 USD Million 2020
Balance of Trade -9500 SEK Million | -0.918 USD Billion Oct/22
Capital Flows -78 SEK Billion | -7.534 USD Billion 2Q/22
Current Account 36 SEK Billion | 3.477 USD Billion 2Q/22
Exports 175900 SEK Million | 16.99 USD Billion Oct/22
External Debt 103644 SEK Million | 10.011 USD Billion 3Q/22
Foreign Exchange Reserves 662990 SEK Million | 64.038 USD Billion Oct/22
Imports 185400 SEK Million | 17.908 USD Billion Oct/22
Terms of Trade  96.47 Index Points Oct/22


Money Indicators

Indicator Data Period
Gold Reserves 126 Tonnes 3Q/22
Interbank Rate 2.44 % Dec/22
Interest Rate 2.5 % Nov/22
Loans to Private Sector 1792810 SEK Million | 173.168 USD Billion Oct/22
Money Supply M0 64351 SEK Million | 6.216 USD Billion Oct/22
Money Supply M1 4424622 SEK Million | 427.376 USD Billion Oct/22
Money Supply M2 4884821 SEK Million | 471.827 USD Billion Oct/22
Money Supply M3 4956379 SEK Million | 478.738 USD Billion Oct/22
Central Bank Balance Sheet 1506133 SEK Million | 145.478 B USD Oct/22
Deposit Interest Rate 2.4 % Nov/22
Foreign Direct Investment 173 SEK Billion | 16.71 B USD 2Q/22


Labor Indicators

Indicator Data Period
Retirement Age Men 62 2022
Retirement Age Women 62 2022
Unemployment Rate 7.1 % Oct/22
Wages 182 SEK/Hour | 2812.711 USD/Month Aug/22
Youth Unemployment Rate 23.4 % Oct/22
Employed Persons 5190 Thousand Person | 5.19 Million Person Oct/22
Employment Change  0.5 % 3Q/22
Employment Rate  68.8 % Oct/22
Full Time Employment 3983 Thousand Person 2Q/22
Job Vacancies 1215 Hundred | 121.5 K Oct/22
Labor Force Participation Rate 74.1 % Oct/22
Long Term Unemployment Rate 2 % 2Q/22
Part Time Employment 1035 Thousand Persons 2Q/22
Unemployed Persons 396 Thousand Persons | 0.396 Million Persons Oct/22
Wage Growth  2.8 % Aug/22
Wages in Manufacturing 199 SEK/Hour | 3075.437 USD/Month Aug/22


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 0 BBL/D/1K Jun/17
Electricity Production 12192 GWh Sep/22
Industrial Production 4.1 % Sep/22
Mining Production 2.6 % Sep/22
Steel Production 410 Thousand Tonnes Dec/20
Industrial Production (MoM) 1.3 % Sep/22


Business Indicators

Indicator Data Period
Bankruptcies 766 companies Oct/22
Business Confidence 86.1 index points Nov/22
Corruption Index 85 index points 2021
Corruption Rank 4 place 2021
Ease of Doing Business 10 place 2019
Manufacturing PMI 45.8 index points Nov/22
Manufacturing Production 4.3 % Sep/22
Services PMI 56.9 index points Oct/22
Competitiveness Index 81.25 Index Points 2019
Competitiveness Rank 8 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence 55.8 index points Nov/22
Private Debt To GDP 309 % 2021
Retail Sales MoM -1.3 % Oct/22
Retail Sales YoY -7.7 % Oct/22
Consumer Spending 616450 SEK Million | 59.545 USD Billion 3Q/22
Disposable Personal Income 711190 SEK Million | 68.696 B USD 2Q/22
Household Spending 1.5 % Sep/22
Households Debt To GDP 92.2 % 1Q/22
Households Debt To Income 172 % 2021


Housing Market

Indicator Data Period
Construction Output 4.1 % Sep/22