GDP (constant LCU), annual growth rate in Sweden
Sweden: GDP (constant LCU), annual growth rate was 0.9737 % change on previous year in 2024. ◆ Volatile
GDP (constant LCU), annual growth rate in Sweden, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (constant lcu), annual growth rate in Sweden is 0.9737 % change on previous year, measured in 2024.
The figure is up 953.1% on the previous year and down 57.6% over ten years.
Over the whole period, gdp (constant lcu), annual growth rate in Sweden peaked at 5.94 % change on previous year in 2021 and was at its lowest, -4.26 % change on previous year, in 2009.
Sweden ranks 173rd of 212 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), annual growth rate in Sweden, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0.9445 % change on previous year | — |
| 1972 | 2.29 % change on previous year | +142.4% |
| 1973 | 3.97 % change on previous year | +73.3% |
| 1974 | 3.2 % change on previous year | -19.4% |
| 1975 | 2.55 % change on previous year | -20.2% |
| 1976 | 1.06 % change on previous year | -58.5% |
| 1977 | -1.6 % change on previous year | -250.8% |
| 1978 | 1.75 % change on previous year | -209.7% |
| 1979 | 3.84 % change on previous year | +119.2% |
| 1980 | 1.7 % change on previous year | -55.7% |
| 1981 | 0.4551 % change on previous year | -73.2% |
| 1982 | 1.25 % change on previous year | +174.4% |
| 1983 | 1.9 % change on previous year | +52.2% |
| 1984 | 4.23 % change on previous year | +122.5% |
| 1985 | 2.16 % change on previous year | -48.9% |
| 1986 | 2.69 % change on previous year | +24.6% |
| 1987 | 3.35 % change on previous year | +24.6% |
| 1988 | 2.56 % change on previous year | -23.7% |
| 1989 | 2.65 % change on previous year | +3.7% |
| 1990 | 0.7546 % change on previous year | -71.6% |
| 1991 | -1.15 % change on previous year | -251.9% |
| 1992 | -1.16 % change on previous year | +1.1% |
| 1993 | -2.07 % change on previous year | +78.3% |
| 1994 | 4.02 % change on previous year | -294.4% |
| 1995 | 4.09 % change on previous year | +2.0% |
| 1996 | 1.7 % change on previous year | -58.4% |
| 1997 | 3.06 % change on previous year | +79.8% |
| 1998 | 4.25 % change on previous year | +38.5% |
| 1999 | 4.2 % change on previous year | -1.1% |
| 2000 | 4.63 % change on previous year | +10.2% |
| 2001 | 1.36 % change on previous year | -70.6% |
| 2002 | 2.28 % change on previous year | +67.4% |
| 2003 | 1.88 % change on previous year | -17.4% |
| 2004 | 4.18 % change on previous year | +122.2% |
| 2005 | 2.79 % change on previous year | -33.2% |
| 2006 | 4.68 % change on previous year | +67.4% |
| 2007 | 3.22 % change on previous year | -31.0% |
| 2008 | -0.9231 % change on previous year | -128.6% |
| 2009 | -4.26 % change on previous year | +361.0% |
| 2010 | 5.75 % change on previous year | -235.1% |
| 2011 | 3.16 % change on previous year | -45.0% |
| 2012 | -0.4143 % change on previous year | -113.1% |
| 2013 | 1.14 % change on previous year | -374.6% |
| 2014 | 2.3 % change on previous year | +101.8% |
| 2015 | 4.41 % change on previous year | +92.1% |
| 2016 | 2.35 % change on previous year | -46.7% |
| 2017 | 1.83 % change on previous year | -22.3% |
| 2018 | 1.9 % change on previous year | +4.3% |
| 2019 | 2.55 % change on previous year | +34.0% |
| 2020 | -2.01 % change on previous year | -178.7% |
| 2021 | 5.94 % change on previous year | -396.1% |
| 2022 | 1.46 % change on previous year | -75.4% |
| 2023 | -0.1141 % change on previous year | -107.8% |
| 2024 | 0.9737 % change on previous year | -953.1% |
Sweden compared with similar countries
- Sweden's 0.9737 % change on previous year is below the median for high income countries, which is 2.27 % change on previous year, 43% of the median. (83 countries reporting)
- Sweden's 0.9737 % change on previous year is below the median for Europe & Central Asia, which is 2.27 % change on previous year, 43% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), annual growth rate in Sweden changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +953.1% | -0.1141 % change on previous year | 0.9737 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2 % change on previous year | -1.6 % change on previous year | 3.97 % change on previous year | 9 |
| 1980s | 2.3 % change on previous year | 0.4551 % change on previous year | 4.23 % change on previous year | 10 |
| 1990s | 1.77 % change on previous year | -2.07 % change on previous year | 4.25 % change on previous year | 10 |
| 2000s | 1.98 % change on previous year | -4.26 % change on previous year | 4.68 % change on previous year | 10 |
| 2010s | 2.5 % change on previous year | -0.4143 % change on previous year | 5.75 % change on previous year | 10 |
| 2020s | 1.25 % change on previous year | -2.01 % change on previous year | 5.94 % change on previous year | 5 |
Countries ranked near Sweden
- 170 Luxembourg 1.03 % change on previous year compare
- 171 Belgium 1.02 % change on previous year compare
- 172 Netherlands 0.9797 % change on previous year compare
- 174 Equatorial Guinea 0.9072 % change on previous year compare
- 175 Sao Tome and Principe 0.8999 % change on previous year compare
- 176 Israel 0.8717 % change on previous year compare
More population data for Sweden
- Population regions with projections, annual growth rate -0.0422 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.7238 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.0422 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.1458 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 11,902 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4642 Percent per annum (2030)
- Projected population under age 5, annual growth rate 0.1484 % change on previous year (2100)
- World population growth -0.1% (2100)
- Population density 27.91 people per km² (2100)
- Number of children under 5, by world region 479,660 people (2100)
Frequently asked questions
- What is gdp (constant lcu), annual growth rate in Sweden?
- Gdp (constant lcu), annual growth rate in Sweden was 0.9737 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Sweden?
- The highest recorded value was 5.94 % change on previous year in 2021.
- What is the lowest gdp (constant lcu), annual growth rate recorded in Sweden?
- The lowest recorded value was -4.26 % change on previous year in 2009.
- How does Sweden rank for gdp (constant lcu), annual growth rate?
- Sweden ranks 173rd out of 212 countries with data for 2024.
- Is gdp (constant lcu), annual growth rate rising or falling in Sweden?
- Over the last ten years it is down 57.6%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.