Sweden's industrial production fell 0.2 percent from a year earlier in August 2020, following an 8.0 percent slump in the previous month, as the economy continued to recover from the pandemic shock. Manufacturing output declined 0.1 percent, after an 8.7 percent slump in July; while mining and quarrying shrank 3.2 percent, compared to a 0.3 percent drop in the previous month.

Industrial Production in Sweden averaged 0.81 percent from 2000 until 2020, reaching an all time high of 14.10 percent in July of 2010 and a record low of -23.80 percent in January of 2009. This page provides the latest reported value for - Sweden Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Statistics Sweden

Industrial Production in Sweden is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Sweden to stand at 3.80 in 12 months time. In the long-term, the Sweden Industrial Production is projected to trend around 3.20 percent in 2021 and 2.60 percent in 2022, according to our econometric models.

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Sweden Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -8.00 14.10 -23.80 2000 - 2020 percent Monthly
WDA, 2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-07-07 07:30 AM May -16.5% -16.6% -8.2%
2020-08-05 07:30 AM Jun -8.2% -16.8% -8.2%
2020-09-08 07:30 AM Jul -8% -8.9% -5.8%
2020-10-06 07:30 AM Aug -0.2% -8% -6.3%
2020-11-05 08:30 AM Sep -0.2% -2.3%
2020-12-07 08:30 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Swedish Industrial Output Contraction Eases in August
Sweden's industrial production fell 0.2 percent from a year earlier in August 2020, following an 8.0 percent slump in the previous month, as the economy continued to recover from the pandemic shock. Manufacturing output declined 0.1 percent, after an 8.7 percent slump in July; while mining and quarrying shrank 3.2 percent, compared to a 0.3 percent drop in the previous month.
2020-10-06
Swedish Industrial Output Drops for 4th Month
Sweden's industrial production dropped 8 percent from a year earlier in July 2020, following an upwardly revised 8.9 percent fall in the previous month, amid the coronavirus pandemic. Manufacturing output declined 8.7 percent, after decreasing 9.1 percent in June; while mining production was unchanged following a 1.3 percent drop. On a monthly basis, industrial output increased 2.4 percent, easing from a downwardly revised 8.2 percent rise in the prior month.
2020-09-08
Sweden Industrial Output Shrinks the Least in 3 Months
Sweden's industrial production fell 8.2 percent from a year earlier in June of 2020, following an upwardly revised 16.8 percent slump in the previous month. It was the smallest decline in industrial activity since March when the pandemic started to hit the country. Manufacturing production decreased 8.3 percent, after falling 17.3 percent in May, while mining output slipped 4.6 percent, little-changed from a 4.5 percent decrease. On a monthly basis, industrial production grew 8.8 percent, the most since January of 2012, after a revised 0.8 percent increase in the prior month.
2020-08-05
Swedish Industrial Output Falls Sharply for 2nd Month
Sweden's industrial production tumbled by 16.5 percent from a year earlier in May 2020, following a 16.6 percent slump in the previous month, amid the coronavirus crisis. Manufacturing production plummeted 16.9 percent (vs -17.3 percent in April) and mining output declined 4.6 percent (vs -1.8 percent in April).
2020-07-07

Sweden Industrial Production
In Sweden, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing and mining.