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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
3 Corruption rank#5
10 Ease of doing business#12
Sweden


Sweden Major Economic Indicators

Indicator Data Period
GDP Value 538 USD Billion 2020
GDP Annual Growth Rate 0 % 1Q/21
GDP Growth Rate 0.8 % 1Q/21
GDP per capita 56068 USD 2020
Inflation Rate YoY 1.3 % Jun/21
Interest Rate 0 % Jul/21
Unemployment Rate 9.8 % May/21
Wages 183 SEK/Hour | 3405.099 USD/Month Apr/21
Balance of Trade 5100 SEK Million | 0.593 B USD May/21
Current Account 78.3 SEK Billion | 9.106 B USD 1Q/21
Foreign Exchange Reserves 488410 SEK Million | 56.799 B USD Jun/21
Government Debt 1226638 SEK Million | 142.651 B USD Jun/21


GDP
vvp
538
USD Billion
#25 from 174 countries
GDP per capita
vvp
56068
USD
#9 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 538 USD Billion 2020
GDP Annual Growth Rate 0 % 1Q/21
GDP Growth Rate 0.8 % 1Q/21
GDP per capita 56068 USD 2020
Gross National Product 1302981 SEK Million | 151.529 USD Billion 1Q/21
GDP Constant Prices 1273618 SEK Million | 148.115 B USD 1Q/21
GDP per capita PPP 50683 USD 2020
GDP From Agriculture  16507 SEK Million | 1.92 B USD 1Q/21
GDP From Construction  72525 SEK Million | 8.434 B USD 1Q/21
GDP From Manufacturing  163265 SEK Million | 18.987 B USD 1Q/21
GDP From Mining  8299 SEK Million | 0.965 B USD 1Q/21
GDP From Public Administration  232789 SEK Million | 27.072 B USD 1Q/21
GDP From Services  595240 SEK Million | 69.223 B USD 1Q/21
GDP From Transport  43246 SEK Million | 5.029 B USD 1Q/21
GDP From Utilities  30161 SEK Million | 3.508 B USD 1Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 39.9 % 2020
Government Budget Value 36939 SEK Million | 4.296 USD Billion May/21
Government Spending 334500 SEK Million | 38.9 USD Billion 1Q/21
Government Debt 1226638 SEK Million | 142.651 USD Billion Jun/21
Government Revenues 139590 SEK Million | 16.234 USD Billion May/21
Fiscal Expenditure  102651 SEK Million | 11.938 B USD May/21
Government Budget to GDP -3.1 % 2020
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) 341 index points Jun/21
Export Prices 118 index points May/21
Food Inflation -0.3 % Jun/21
Gasoline Prices 1.8 USD/Liter Jun/21
Import Prices 115 index points May/21
Inflation Rate YoY 1.3 % Jun/21
Producer Prices 119 index points May/21
Inflation Rate Mom 0.1 % Jun/21
Core Consumer Prices 224 Index Points Jun/21
Core Inflation Rate 1.6 % Jun/21
CPI Housing Utilities 425 Index Points Jun/21
CPI Transportation 486 Index Points Jun/21
Harmonised Consumer Prices 110 Index Points Jun/21
Inflation Expectations 4.3 % Jun/21
Producer Prices Change  7.9 % May/21


Trade Indicators

Indicator Data Period
Current Account to GDP 5.2 % 2020
Weapons Sales 286 USD Million 2020
Balance of Trade 5100 SEK Million | 0.593 USD Billion May/21
Capital Flows 92.8 SEK Billion | 10.792 USD Billion 1Q/21
Current Account 78.3 SEK Billion | 9.106 USD Billion 1Q/21
Exports 133200 SEK Million | 15.49 USD Billion May/21
External Debt 85015 SEK Million | 9.887 USD Billion 2Q/21
Foreign Exchange Reserves 488410 SEK Million | 56.799 USD Billion Jun/21
Imports 128100 SEK Million | 14.897 USD Billion May/21
Terms of Trade  103 Index Points May/21


Money Indicators

Indicator Data Period
Gold Reserves 126 Tonnes 1Q/21
Interbank Rate -0.03 % Jul/21
Interest Rate 0 % Jul/21
Loans to Private Sector 1450367 SEK Million | 168.669 USD Billion May/21
Money Supply M0 61347 SEK Million | 7.134 USD Billion May/21
Money Supply M1 4099717 SEK Million | 476.774 USD Billion May/21
Money Supply M2 4420366 SEK Million | 514.064 USD Billion May/21
Money Supply M3 4545726 SEK Million | 528.642 USD Billion May/21
Central Bank Balance Sheet 1371877 SEK Million | 159.542 B USD Jun/21
Deposit Interest Rate -0.1 % Jul/21
Foreign Direct Investment 80.7 SEK Billion | 9.385 B USD 1Q/21


Labor Indicators

Indicator Data Period
Retirement Age Men 62 2021
Retirement Age Women 62 2021
Unemployment Rate 9.8 % May/21
Wages 183 SEK/Hour | 3405.099 USD/Month Apr/21
Youth Unemployment Rate 25.8 % May/21
Employed Persons 5052 Thousand Person | 5.052 Million Person May/21
Employment Change  0.3 % 1Q/21
Employment Rate  67.2 % May/21
Full Time Employment 3768 Thousand Person 4Q/20
Job Vacancies 838 Hundred | 83.8 K Jun/21
Labor Force Participation Rate 74.5 % May/21
Long Term Unemployment Rate 1.9 % 1Q/21
Part Time Employment 1086 Thousand Persons 4Q/20
Unemployed Persons 546 Thousand Persons | 0.546 Million Persons May/21
Wage Growth  2.2 % Mar/21
Wages in Manufacturing 194 SEK/Hour | 3609.777 USD/Month Apr/21


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 0 BBL/D/1K Jun/17
Electricity Production 12504 GWh May/21
Industrial Production 24.2 % May/21
Mining Production 8.1 % May/21
Steel Production 410 Thousand Tonnes Dec/20
Industrial Production (MoM) 0.1 % May/21


Business Indicators

Indicator Data Period
Bankruptcies 728 companies Jun/21
Business Confidence 119 index points Jun/21
Corruption Index 85 index points 2020
Corruption Rank 3 place 2020
Ease of Doing Business 10 place 2019
Manufacturing PMI 65.8 index points Jun/21
Manufacturing Production 24.8 % May/21
Services PMI 67.4 index points Jun/21
Competitiveness Index 81.25 Index Points 2019
Competitiveness Rank 8 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence 109 index points Jun/21
Private Debt To GDP 310 % 2020
Retail Sales MoM 2.3 % May/21
Retail Sales YoY 10.3 % May/21
Consumer Spending 554982 SEK Million | 64.541 USD Billion 1Q/21
Disposable Personal Income 594014 SEK Million | 69.08 B USD 1Q/21
Household Spending 2.6 % May/21
Households Debt To GDP 95.3 % 4Q/20
Households Debt To Income 159 % 2019


Housing Market

Indicator Data Period
Construction Output -5.2 % May/21


Government Debt
dept_icon
142.651
USD Billion
#25 from 65 countries
Balance of Trade
balance_icon
0.593
USD Billion
#42 from 173 countries


Gold Reserves
gold_reserve_icon
126
Tonnes
#29 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
56.799
USD Billion
#35 from 114 countries


Government Budget Value
balance_icon
4.296
USD Billion
#6 from 113 countries
Inflation Rate
inflation_icon
1.3
%
#105 from 174 countries


Interest Rate
discount_rate_icon
0
%
#157 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
9.8
%
#68 from 171 countries
Wages
salary_icon
3405.099
USD/Month
#19 from 82 countries


Retirement Age
man_icon
woman_icon
62
62
men
women
Taxes
company_icon
private_icon
20.6%
52.9%
company profits
income of individuals