Sweden GDP Growth Rate

2.2% +0.33 pt

Mar 2026 · Quarterly

Sweden's real GDP grew 2.19% year-on-year in the first quarter of 2026, accelerating from a 1.86% expansion in the prior quarter. The latest reading is the highest since the 2.68% recorded in the second quarter of 2025. The economy has remained in positive territory for six consecutive quarters after a contraction in mid-2023.

Sweden GDP Growth Rate, 1994–2026
ActualPreviousHighestLowestDatesFrequency
2.2%1.9%10.7%Jun 2021-7.5%Jun 20201994 – 2026Quarterly

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
GDP$669.0B$604.8B$669.0B$15.9BDec 2025Annual
Industrial Production0.5%0.8%22.7%-21.9%Dec 2025Annual

About this series

GDP Growth Rate in Sweden averaged 2.3% from 1994 until 2026, reaching an all-time high of 10.7% in Jun 2021 and a record low of -7.5% in Jun 2020. The series is reported quarterly with history from 1994.

Real GDP growth measures the annual percentage change in the volume of goods and services produced by Sweden's economy, adjusted for inflation. The indicator is reported quarterly in percent. Data are available from the first quarter of 1994.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Sweden GDP Growth Rate FAQ