Sweden GDP Growth Rate

Last Release

Sep 30, 2025

Actual

1.1

Units In

0.5

Frequency

Quarterly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
6.9 Sep 2020	-7.9 Jun 2020	0.52 %	1981-2025	Statistics Sweden

On the expenditure side, household consumption is the main component of Swedish GDP and accounts for 46 percent of its total use, followed by government consumption (26 percent) and gross fixed capital formation (23 percent). Exports of goods and services account for 45 percent of GDP while imports account for 41 percent, adding 4 percent of total GDP.

Latest Updates

The Swedish economy expanded 1.1% quarter-on-quarter in the third quarter of 2025, confirming the preliminary estimate, following an upwardly revised 0.8% growth in the second quarter. This was the strongest growth since the first quarter of 2024, driven by increases in household consumption (0.8% vs 0.4% in Q2) and government spending (0.3% vs 0.2%). Net trade also contributed to the economic upturn, as export growth (1.8% vs 1.3%) outpaced that of imports (0.8% vs 2.9%). Meanwhile, gross fixed capital formation continued to rise, albeit at a slightly slower rate (1.9% vs 2.0%). On an annual basis, GDP increased 2.6%, revised up from the initial estimate of 2.4%, after an upwardly revised 1.9% growth in the previous quarter.