The Swedish economy advanced 2.5 percent year-on-year in the second quarter of 20.8, down from a 3.3 percent growth in the preliminary estimate, following a downwardly revised 2.8 percent expansion in the previous period and missing market consensus of 3.3 percent, final figures showed. GDP Annual Growth Rate in Sweden averaged 2.63 percent from 1994 until 2018, reaching an all time high of 7.80 percent in the fourth quarter of 2010 and a record low of -6.20 percent in the first quarter of 2009.
GDP Annual Growth Rate in Sweden is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Sweden to stand at 2.70 in 12 months time. In the long-term, the Sweden GDP Annual Growth Rate is projected to trend around 2.60 percent in 2020, according to our econometric models.