Industries in Sweden operated at 90.9 percent of their production capacity in the second quarter of 2018, up from a downwardly revised 90.3 percent in the previous period. Capacity utilization increased in manufacturing (90.8 from 90.2 in Q1), namely in production of computer, electronic and optical products (85.4 from 78.9) and motor vehicles (94.8 from 93.9) while it decreased in mining and quarrying (90.1 from 95.1). A year earlier, capacity utilization was slightly lower at 90.7. Capacity Utilization in Sweden averaged 86.95 percent from 1980 until 2018, reaching an all time high of 91.20 percent in the second quarter of 2007 and a record low of 76 percent in the second quarter of 2009.
Capacity Utilization in Sweden is expected to be 90.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in Sweden to stand at 89.42 in 12 months time. In the long-term, the Sweden Capacity Utilization is projected to trend around 90.90 percent in 2020, according to our econometric models.