Sweden GDP Growth Rate (2026)
Sweden has an advanced economy supported by technology, manufacturing, services, exports, innovation, and household consumption. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+2.0%
Annual real GDP growth
World Rank
#144
Out of 195 countries
Change vs 2025
+0.5 pp
2025: +1.5%
Europe Rank
#20
Out of 43 countries
1. Sweden GDP Growth Rate in 2026
Swedish economic growth is influenced by household demand, exports, business investment, housing conditions, and manufacturing. Interest rates, consumer confidence, and European demand remain particularly important.
2. Sweden GDP Growth Rate Trends (1980–2026)
Sweden’s growth history has been shaped by strong productivity, innovation, global trade, and a competitive industrial sector. Housing cycles and international demand have also influenced periods of faster and slower growth.
3. Sweden GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +2.0% | +0.5 pp |
| 2025 | +1.5% | +0.5 pp |
| 2024 | +1.0% | +1.2 pp |
| 2023 | -0.2% | -1.5 pp |
| 2022 | +1.3% | -3.9 pp |
| 2021 | +5.2% | +7.1 pp |
| 2020 | -1.9% | -4.5 pp |
| 2019 | +2.6% | +0.8 pp |
| 2018 | +1.8% | -0.1 pp |
| 2017 | +1.9% | -0.2 pp |
| 2016 | +2.1% | -2.3 pp |
| 2015 | +4.4% | +2.1 pp |
| 2014 | +2.3% | +1.2 pp |
| 2013 | +1.1% | +1.5 pp |
| 2012 | -0.4% | -3.6 pp |
| 2011 | +3.2% | -2.6 pp |
| 2010 | +5.8% | +10.1 pp |
| 2009 | -4.3% | -3.4 pp |
| 2008 | -0.9% | -4.1 pp |
| 2007 | +3.2% | -1.5 pp |
| 2006 | +4.7% | +1.9 pp |
| 2005 | +2.8% | -1.4 pp |
| 2004 | +4.2% | +2.3 pp |
| 2003 | +1.9% | -0.4 pp |
| 2002 | +2.3% | +0.9 pp |
| 2001 | +1.4% | -3.2 pp |
| 2000 | +4.6% | +0.4 pp |
| 1999 | +4.2% | 0.0 pp |
| 1998 | +4.2% | +1.1 pp |
| 1997 | +3.1% | +1.4 pp |
| 1996 | +1.7% | -2.4 pp |
| 1995 | +4.1% | +0.1 pp |
| 1994 | +4.0% | +5.8 pp |
| 1993 | -1.8% | -0.7 pp |
| 1992 | -1.1% | 0.0 pp |
| 1991 | -1.1% | -1.6 pp |
| 1990 | +0.5% | -2.1 pp |
| 1989 | +2.6% | +0.1 pp |
| 1988 | +2.5% | -0.9 pp |
| 1987 | +3.4% | +0.3 pp |
| 1986 | +3.1% | +0.8 pp |
| 1985 | +2.3% | -2.0 pp |
| 1984 | +4.3% | +2.3 pp |
| 1983 | +2.0% | +0.6 pp |
| 1982 | +1.4% | -3.1 pp |
| 1981 | +4.5% | -0.1 pp |
| 1980 | +4.6% | — |
4. Sweden GDP Growth Performance
Current Growth Rate
+2.0%
(2026 to 2026)
5-Year Average
+1.1%
(2022 to 2026)
10-Year Average
+1.5%
(2017 to 2026)
20-Year Average
+1.6%
(2007 to 2026)
Sweden benefits from advanced industries, technology firms, and strong institutions, but weak housing activity and tighter financial conditions can reduce domestic demand. Improving financial conditions can support a broader recovery.
5. Sweden GDP Growth Rate vs Europe and World
Sweden
+2.0%
Europe Average
+1.9%
World Average
+2.8%
0.0%
1.4%
2.8%
Annual real GDP growth (%)
Sweden’s GDP growth rate is approximately
0.1 pp
above the
Europe average
and
0.9 pp
below the world average.
6. Sweden GDP Growth Rate Ranking in Europe
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #16 | Spain | +2.1% |
| #17 | Denmark | +2.0% |
| #18 | Slovenia | +2.0% |
| #19 | Ukraine | +2.0% |
| #20 | Sweden | +2.0% |
| #21 | Portugal | +1.9% |
| #22 | Iceland | +1.9% |
| #23 | Moldova | +1.9% |
| #24 | Greece | +1.8% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Sweden
Sweden GDP (Nominal)
$760.5 Billion
(2026)
Sweden GDP Growth Rate
+2.0%
(2026)
Sweden generally performs similarly to other high-income Nordic and European economies. Its strong export sector and technology base can support growth, although openness to global trade also creates external exposure.
Explore more:
Sweden GDP
9. Sweden GDP Growth Rate Forecast
The outlook depends on household demand, housing recovery, investment, exports, and financial conditions. Weak global demand, demographic pressures, and property-market risks remain important factors.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +1.9% | -0.1 pp |
| 2028 | +2.1% | +0.2 pp |
| 2029 | +1.9% | -0.2 pp |
| 2030 | +1.8% | -0.1 pp |
10. Sweden GDP Growth Rate: Key Findings
Sweden GDP growth rate is estimated at +2.0% in 2026.
It ranks #144 globally and #20 in Europe by annual GDP growth rate.
The growth rate accelerated by 0.5 percentage points compared with 2025.
The 5-year average GDP growth rate is +1.1%.
The 10-year average GDP growth rate is +1.5%.
The current rate is 0.1 percentage points above the Europe average.
The current rate is 0.9 percentage points below the world average.
The forecast GDP growth rate is +1.8% in 2030, 0.2 percentage points below the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Sweden GDP Growth Rate FAQs
Sweden GDP growth rate is estimated at +2.0% in 2026.
Sweden ranks #144 globally and #20 in Europe by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +2.0% in 2026.
Sweden GDP growth rate was +4.4% in 2015.
Sweden GDP growth rate is 0.1 percentage points above the Europe average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.