Swedish Economic Growth Continued in May

2026-07-08 06:18 By Nicole Aliyah 1 min. read

The Swedish economy rose 0.9% month-on-month in May 2026, following an upwardly revised 0.6% expansion in the previous month, marking the third consecutive month of GDP growth.

“With positive figures for May we have now seen three months of continuous growth in the Swedish economy.

The main explanation to the uptick this month came from higher production among service producing industries where information and communication showed particularly strong growth figures.

Stronger net exports concerning goods, largely explained by a downturn in imports concerning goods, also contributed to overall GDP growth," as stated by Mattias Kain Wyatt, economist at Statistics Sweden.

On a yearly basis, the economy grew 3.9% in May, accelerating from an upwardly revised 2.6% expansion in April.



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