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Sweden — GDP growth

Also known as economic growth rate, GDP growth rate, annual growth of the economy, growth rate.

GDP Growth (Annual %) for Sweden, 1961–2025.

Latest value · 2025
1.54%
GDP Growth (Annual %) · annual % · -72.8% since 1961
Free for any use — attribution is the link itself.

GDP growth for Sweden was 1.54% in 2025, according to the latest World Bank data. The series covers 65 years, from 1961 to 2025. The highest recorded value was 6.82% in 1964. The lowest was -4.26% in 2009 (about -2.8× the latest value). Across that span the compound annual growth rate works out to -2.02% per year.

Sweden ranks 160 of 212 economies on this measure (1 = highest), putting it in the top 75%. The median for Europe & Central Asia is 2.03%, so Sweden sits below it. It peaked in 1964 and has fallen 77% since. Over the last decade (2015–2025) the figure moved down 65%. Within Europe & Central Asia it ranks 33 of 57 economies; Azerbaijan (1.45%) is just below it. Its sharpest one-year move was up 599% in 2024. That is 14% below this series' own ten-year average.

Data highlights

World ranking. Slipped: 39th of 107 in 1961 → 46th of 119 in 1970 → 88th of 152 in 1980 → 121st of 176 in 1990 → 82nd of 199 in 2000 → 71st of 209 in 2010 → 65th of 209 in 2020 → 146th of 186 in 2025.

Adjacent in the latest world ranking (160 of 212): Venezuela (#159) · Azerbaijan (#161).

Key figures

Latest (2025)
1.54%
First (1961)
5.68%
Change
-72.8%
Highest
6.82%
in 1964
Lowest
-4.26%
in 2009
Average
2.41%
Annual growth (CAGR)
-2.02%
Years of data
65

Recent published years. 2025 — 1.54% · 2024 — 1.02% · 2023 — -0.2% · 2022 — 1.26% · 2021 — 5.23%.

Full history — 1961 to 2025

All 65 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Sweden — GDP growth
Yearannual %Change
20251.54%+0.5 pp
20241.02%+1.2 pp
2023-0.2%-1.5 pp
20221.26%-4.0 pp
20215.23%+7.2 pp
2020-1.93%-4.5 pp
20192.61%+0.8 pp
20181.77%-0.1 pp
20171.88%-0.2 pp
20162.13%-2.3 pp
20154.39%+2.1 pp
20142.3%+1.2 pp
20131.14%+1.6 pp
2012-0.41%-3.6 pp
20113.16%-2.6 pp
20105.75%+10.0 pp
2009-4.26%-3.3 pp
2008-0.92%-4.1 pp
20073.22%-1.5 pp
20064.68%+1.9 pp
20052.79%-1.4 pp
20044.18%+2.3 pp
20031.88%-0.4 pp
20022.28%+0.9 pp
20011.36%-3.3 pp
20004.63%+0.4 pp
19994.2%-0.0 pp
19984.25%+1.2 pp
19973.06%+1.4 pp
19961.7%-2.4 pp
19954.09%+0.1 pp
19944.02%+6.1 pp
1993-2.07%-0.9 pp
1992-1.16%-0.0 pp
1991-1.15%-1.9 pp
19900.75%-1.9 pp
19892.65%+0.1 pp
19882.56%-0.8 pp
19873.35%+0.7 pp
19862.69%+0.5 pp
19852.16%-2.1 pp
19844.23%+2.3 pp
19831.9%+0.7 pp
19821.25%+0.8 pp
19810.45%-1.2 pp
19801.7%-2.1 pp
19793.84%+2.1 pp
19781.75%+3.3 pp
1977-1.6%-2.7 pp
19761.06%-1.5 pp
19752.55%-0.6 pp
19743.2%-0.8 pp
19733.97%+1.7 pp
19722.29%+1.3 pp
19710.94%-5.5 pp
19706.47%+1.5 pp
19695.01%+1.4 pp
19683.64%+0.3 pp
19673.37%+1.3 pp
19662.09%-1.7 pp
19653.82%-3.0 pp
19646.82%+1.5 pp
19635.33%+1.1 pp
19624.26%-1.4 pp
19615.68%—
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Sweden’s GDP growth in 1962?

4.26% (1962). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is Sweden’s GDP growth growing or shrinking?

Between 1961 and 2025 the series was shrinking overall: -72.8% in total — about 2.0% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2025: 1.54%; 2024: 1.02%; 2023: -0.2%; 2022: 1.26%; 2021: 5.23%. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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