The Swedish economy shrank 1.2 percent year-on-year in the third quarter of 2023, falling further from a 1 percent decline in the previous period and marking the largest contraction since the second quarter of 2020, preliminary estimates showed. source: Statistics Sweden
GDP Annual Growth Rate in Sweden averaged 2.22 percent from 1982 until 2023, reaching an all time high of 10.70 percent in the second quarter of 2021 and a record low of -8.10 percent in the second quarter of 2020. This page provides - Sweden GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2023.
GDP Annual Growth Rate in Sweden is expected to be -0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden GDP Annual Growth Rate is projected to trend around 0.70 percent in 2024 and 1.70 percent in 2025, according to our econometric models.