The Swedish economy advanced 2.1 percent year-on-year in the first quarter of 2019, compared with a 2.4 percent growth in Q4 and market consensus of 1.7 percent. GDP Annual Growth Rate in Sweden averaged 2.62 percent from 1994 until 2019, 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 1.50 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 1.20 in 12 months time. In the long-term, the Sweden GDP Annual Growth Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.