The Swedish economy expanded 1.4% quarter-on-quarter in the three months to June 2026, sharply rebounding from a 0.2% contraction in the previous period and exceeding market expectations of a 0.7% growth, according to preliminary estimates. It marked the sharpest quarterly expansion since the first quarter of 2024, reflecting stronger economic activity in the earlier months of the quarter despite a modest decline in June. Mattias Kain Wyatt of Statistics Sweden said June's pullback followed three consecutive months of growth and that overall economic activity remained well above year-earlier levels. On an annual basis, GDP grew 2.8%, accelerating from 2.0% in the previous quarter, and marking the fastest annual expansion since the fourth quarter of 2024. source: Statistics Sweden

The Gross Domestic Product (GDP) in Sweden expanded 1.40 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Sweden averaged 0.53 percent from 1981 until 2026, reaching an all time high of 6 percent in the third quarter of 2020 and a record low of -8.80 percent in the second quarter of 2020. This page provides - Sweden GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

The Gross Domestic Product (GDP) in Sweden expanded 1.40 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Sweden is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden GDP Growth Rate is projected to trend around 0.30 percent in 2027 and 0.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-29 06:00 AM
QoQ Final
Q1 -0.2% 0.8% -0.1% -0.2%
2026-07-29 06:00 AM
QoQ Flash
Q2 1.4% -0.2% 0.7% 0.6%
2026-08-28 06:00 AM
QoQ Final
Q2 -0.2% 1.4% 1.4%


Related Last Previous Unit Reference
Full Year GDP Growth 1.50 1.00 percent Dec 2025
GDP Growth Rate YoY 2.80 2.00 percent Jun 2026
GDP Constant Prices 1682605.00 1685145.00 SEK Million Mar 2026
GDP from Agriculture 25918.00 25204.00 SEK Million Mar 2026
GDP from Construction 91434.00 90211.00 SEK Million Mar 2026
GDP from Manufacturing 204711.00 202114.00 SEK Million Mar 2026
GDP from Mining 8661.00 9064.00 SEK Million Mar 2026
GDP from Public Administration 304096.00 304689.00 SEK Million Mar 2026
GDP from Services 806942.00 813802.00 SEK Million Mar 2026
GDP from Transport 51648.00 52020.00 SEK Million Mar 2026
GDP from Utilities 48518.00 48657.00 SEK Million Mar 2026
GDP Growth Rate 1.40 -0.20 percent Jun 2026
Gross Fixed Capital Formation 421279.00 431034.00 SEK Million Mar 2026
Gross National Product 1692531.00 1860342.00 SEK Million Mar 2026


Sweden GDP Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
1.40 -0.20 6.00 -8.80 1981 - 2026 percent Quarterly
SA

News Stream
Sweden GDP Growth Strongest in Over 2 Years
The Swedish economy expanded 1.4% quarter-on-quarter in the three months to June 2026, sharply rebounding from a 0.2% contraction in the previous period and exceeding market expectations of a 0.7% growth, according to preliminary estimates. It marked the sharpest quarterly expansion since the first quarter of 2024, reflecting stronger economic activity in the earlier months of the quarter despite a modest decline in June. Mattias Kain Wyatt of Statistics Sweden said June's pullback followed three consecutive months of growth and that overall economic activity remained well above year-earlier levels. On an annual basis, GDP grew 2.8%, accelerating from 2.0% in the previous quarter, and marking the fastest annual expansion since the fourth quarter of 2024.
2026-07-29
Sweden Economy Shrinks in Q1
The Swedish economy contracted by 0.2% quarter-on-quarter in the first quarter of 2026, confirming preliminary estimates and exceeding market expectations of a 0.1% fall. This followed a revised 0.8% expansion in the previous quarter and marked the first contraction in a year. Government spending declined (-2.1% vs 2.7% in Q4), while gross fixed capital formation also dropped (-2.3% vs 4.5%), largely due to lower investment in buildings and constructions. Net trade also weighed on GDP, as imports (2.5% vs 0.2%) rose more than exports (2.2% vs -0.8%). Meanwhile, household consumption increased (0.6% vs 0.6%), driven by spending on transport and housing. Changes in inventories contributed positively, with an increase in industrial stockpiles. On an annual basis, GDP rose by 2%, revised up from an initial estimate of 1.6% but falling short of market forecasts of a 2.3% increase. The yearly growth matched the pace recorded in the previous quarter.
2026-05-29
Swedish Economy Posts Surprise Contraction in Q1
The Swedish economy contracted by 0.2% quarter-on-quarter in the three months to March 2026, missing expectations of a 0.1% expansion and reversing a 0.5% growth in the previous period. This marks the first economic contraction in a year, weighed down by weaker activity in January and February. However, activity increased in March and is now back at a level similar to that seen at the end of last year, according to Neda Shahbazi, economist at Statistics Sweden. On an annual basis, GDP expanded by 1.6%, the softest growth in a year and below both market expectations and the previous quarter’s 2.1% increase.
2026-04-29