Sweden GDP Growth Rate

Last Release

Mar 31, 2025

Actual

Units In

0.2

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 stalled on a quarterly basis in the three months to March 2025, following a 0.8% expansion in the previous period, preliminary estimates showed. This marked the weakest economic performance since the contraction in the fourth quarter of 2023. According to Mattias Kain Wyatt, an economist at Statistics Sweden, economic activity picked up in March, offsetting contractions in January and February. On an annual basis, GDP grew by 1.1%, slowing from 2.4% in the previous quarter, which had marked the fastest pace of growth since the third quarter of 2022.