GDP (current LCU) (UNESCO Institute) in Sweden

Sweden: GDP (current LCU) (UNESCO Institute) was 6.45 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
6.45 trillion current LCU
Change on year
up 3.8%
World rank
67th
of 211 countries
All-time high
6.45 trillion current LCU
in 2024
All-time low
196.78 billion current LCU
in 1970
Years of data
55
1970–2024

GDP in Sweden, 1970–2024

02.0T4.0T6.0T197019972024

Source: UNESCO Institute for Statistics. Measured in current LCU.

Analysis

In 2024, gdp in Sweden stood at 6.45 trillion current LCU. That is the highest value across all 55 years on record.

That represents a change of up 3.8% on the previous year and up 62.7% over ten years.

Over the whole period, gdp in Sweden peaked at 6.45 trillion current LCU in 2024 and was at its lowest, 196.78 billion current LCU, in 1970.

Sweden ranks 67th of 211 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU) (UNESCO Institute) in Sweden, year by year

Annual values for GDP (current LCU) in Sweden, 1970 to 2024.
Year current LCU Change
1970 196.78 billion current LCU —
1971 212.76 billion current LCU +8.1%
1972 232.80 billion current LCU +9.4%
1973 259.07 billion current LCU +11.3%
1974 292.64 billion current LCU +13.0%
1975 343.66 billion current LCU +17.4%
1976 388.69 billion current LCU +13.1%
1977 422.76 billion current LCU +8.8%
1978 471.24 billion current LCU +11.5%
1979 528.21 billion current LCU +12.1%
1980 600.13 billion current LCU +13.6%
1981 655.71 billion current LCU +9.3%
1982 717.57 billion current LCU +9.4%
1983 804.00 billion current LCU +12.0%
1984 901.99 billion current LCU +12.2%
1985 980.50 billion current LCU +8.7%
1986 1.07 trillion current LCU +9.2%
1987 1.16 trillion current LCU +8.2%
1988 1.27 trillion current LCU +9.3%
1989 1.40 trillion current LCU +10.8%
1990 1.55 trillion current LCU +10.3%
1991 1.66 trillion current LCU +7.0%
1992 1.65 trillion current LCU -0.2%
1993 1.66 trillion current LCU +0.1%
1994 1.76 trillion current LCU +6.6%
1995 1.90 trillion current LCU +8.0%
1996 1.96 trillion current LCU +2.8%
1997 2.05 trillion current LCU +4.6%
1998 2.15 trillion current LCU +5.1%
1999 2.27 trillion current LCU +5.2%
2000 2.41 trillion current LCU +6.3%
2001 2.50 trillion current LCU +4.0%
2002 2.60 trillion current LCU +3.9%
2003 2.70 trillion current LCU +3.8%
2004 2.83 trillion current LCU +4.6%
2005 2.93 trillion current LCU +3.6%
2006 3.12 trillion current LCU +6.5%
2007 3.31 trillion current LCU +6.2%
2008 3.39 trillion current LCU +2.4%
2009 3.32 trillion current LCU -2.0%
2010 3.55 trillion current LCU +6.8%
2011 3.70 trillion current LCU +4.3%
2012 3.72 trillion current LCU +0.5%
2013 3.80 trillion current LCU +2.2%
2014 3.96 trillion current LCU +4.2%
2015 4.23 trillion current LCU +6.8%
2016 4.40 trillion current LCU +4.0%
2017 4.58 trillion current LCU +4.1%
2018 4.79 trillion current LCU +4.6%
2019 5.03 trillion current LCU +5.0%
2020 5.02 trillion current LCU -0.2%
2021 5.46 trillion current LCU +8.8%
2022 5.87 trillion current LCU +7.3%
2023 6.21 trillion current LCU +5.9%
2024 6.45 trillion current LCU +3.8%

Sweden compared with similar countries

  • Sweden's 6.45 trillion current LCU is above the median for high income countries, which is 220.22 billion current LCU, 29.3× the median. (82 countries reporting)
  • Sweden's 6.45 trillion current LCU is above the median for Europe & Central Asia, which is 481.94 billion current LCU, 13.4× the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 334.86 billion current LCU 196.78 billion current LCU 528.21 billion current LCU 10
1980s 955.86 billion current LCU 600.13 billion current LCU 1.40 trillion current LCU 10
1990s 1.86 trillion current LCU 1.55 trillion current LCU 2.27 trillion current LCU 10
2000s 2.91 trillion current LCU 2.41 trillion current LCU 3.39 trillion current LCU 10
2010s 4.18 trillion current LCU 3.55 trillion current LCU 5.03 trillion current LCU 10
2020s 5.80 trillion current LCU 5.02 trillion current LCU 6.45 trillion current LCU 5

Countries ranked near Sweden

  1. 64 Ukraine 7.66 trillion current LCU compare
  2. 65 Dominican Republic 7.40 trillion current LCU compare
  3. 66 South Africa 7.34 trillion current LCU compare
  4. 68 Togo 6.02 trillion current LCU compare
  5. 69 Nepal 5.71 trillion current LCU compare
  6. 70 Norway 5.20 trillion current LCU compare

See the full ranking of 211 places →

More population data for Sweden

All data for Sweden →

Frequently asked questions

What is gdp in Sweden?
Gdp in Sweden was 6.45 trillion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Sweden?
The highest recorded value was 6.45 trillion current LCU in 2024.
What is the lowest gdp recorded in Sweden?
The lowest recorded value was 196.78 billion current LCU in 1970.
How does Sweden rank for gdp?
Sweden ranks 67th out of 211 countries with data for 2024.
Is gdp rising or falling in Sweden?
Over the last ten years it is up 62.7%. The long-run trend across the full record is volatile.
Where does this Sweden data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.

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GDP in Sweden. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-current-lcu-2/sweden/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release