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Sweden GDP Progress Charge

Sweden’s financial system expanded by 1.1 p.c on a quarterly foundation within the three months to December 2021, in contrast with a preliminary estimate of 1.four p.c and slowing from a downwardly revised 1.9 p.c progress in Q3. Family consumption superior by 1.four p.c, largely underpinned by spending in leisure and leisure, and public spending went up 0.Three p.c. Internet exports rose 1.Zero p.c, as exports had been up 3.four p.c in opposition to a 2.four p.c enhance in imports. Conversely, gross mounted capital formation edged down by 0.1 p.c, weighed down by decrease funding in constructing and services. On an annual foundation, the financial system expanded by 5.2 p.c within the fourth quarter. supply: Statistics Sweden

GDP Progress Charge in Sweden averaged 0.56 p.c from 1981 till 2021, reaching an all time excessive of 6.90 p.c within the third quarter of 2020 and a report low of -7.90 p.c within the second quarter of 2020. This web page offers – Sweden GDP Progress Charge – precise values, historic knowledge, forecast, chart, statistics, financial calendar and information. Sweden GDP Progress Charge – knowledge, historic chart, forecasts and calendar of releases – was final up to date on April of 2022.

GDP Progress Charge in Sweden is anticipated to be 0.90 p.c by the top of this quarter, in keeping with Buying and selling Economics international macro fashions and analysts expectations. Within the long-term, the Sweden GDP Progress Charge is projected to pattern round 0.50 p.c in 2023 and 0.40 p.c in 2024, in keeping with our econometric fashions.

Sweden GDP Progress Charge

On the expenditure facet, family consumption is the principle part of Swedish GDP and accounts for 46 p.c of its whole use, adopted by authorities consumption (26 p.c) and gross mounted capital formation (23 p.c). Exports of products and providers account for 45 p.c of GDP whereas imports account for 41 p.c, including four p.c of whole GDP.

Precise Earlier Highest Lowest Dates Unit Frequency
1.10 1.90 7.00 -7.80 1981 – 2021 p.c Quarterly


Information Stream

Sweden This fall GDP Progress Revised Decrease

2022-02-28

Swedish This fall GDP Progress Beats Expectations

2022-01-28

Swedish Q3 GDP Progress Revised Greater

2021-11-29


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