GDP (current US$) (UNESCO Institute) in Sweden

Sweden: GDP (current US$) (UNESCO Institute) was 610.12 billion current US$ in 2024. ◆ Volatile

Latest (2024)
610.12 billion current US$
Change on year
up 4.2%
World rank
24th
of 211 countries
All-time high
637.19 billion current US$
in 2021
All-time low
38.04 billion current US$
in 1970
Years of data
55
1970–2024

GDP in Sweden, 1970–2024

0200.0B400.0B600.0B197019972024

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

Sweden recorded 610.12 billion current US$ for gdp in 2024.

That represents a change of up 4.2% on the previous year and up 5.6% over ten years.

Over the whole period, gdp in Sweden peaked at 637.19 billion current US$ in 2021 and was at its lowest, 38.04 billion current US$, in 1970.

Sweden ranks 24th of 211 countries on this measure, in the top quarter.

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

GDP (current US$) (UNESCO Institute) in Sweden, year by year

Annual values for GDP (current US$) in Sweden, 1970 to 2024.
Year current US$ Change
1970 38.04 billion current US$ —
1971 41.51 billion current US$ +9.1%
1972 48.88 billion current US$ +17.8%
1973 59.32 billion current US$ +21.3%
1974 65.92 billion current US$ +11.1%
1975 82.77 billion current US$ +25.6%
1976 89.23 billion current US$ +7.8%
1977 94.33 billion current US$ +5.7%
1978 104.29 billion current US$ +10.6%
1979 123.21 billion current US$ +18.1%
1980 141.89 billion current US$ +15.2%
1981 129.50 billion current US$ -8.7%
1982 114.22 billion current US$ -11.8%
1983 104.86 billion current US$ -8.2%
1984 109.04 billion current US$ +4.0%
1985 113.96 billion current US$ +4.5%
1986 150.28 billion current US$ +31.9%
1987 182.75 billion current US$ +21.6%
1988 206.69 billion current US$ +13.1%
1989 217.63 billion current US$ +5.3%
1990 261.47 billion current US$ +20.1%
1991 273.83 billion current US$ +4.7%
1992 283.91 billion current US$ +3.7%
1993 212.65 billion current US$ -25.1%
1994 228.70 billion current US$ +7.6%
1995 267.05 billion current US$ +16.8%
1996 291.95 billion current US$ +9.3%
1997 268.25 billion current US$ -8.1%
1998 270.89 billion current US$ +1.0%
1999 274.32 billion current US$ +1.3%
2000 262.90 billion current US$ -4.2%
2001 242.50 billion current US$ -7.8%
2002 267.37 billion current US$ +10.3%
2003 334.07 billion current US$ +24.9%
2004 384.55 billion current US$ +15.1%
2005 391.69 billion current US$ +1.9%
2006 422.53 billion current US$ +7.9%
2007 490.05 billion current US$ +16.0%
2008 514.62 billion current US$ +5.0%
2009 434.31 billion current US$ -15.6%
2010 492.75 billion current US$ +13.5%
2011 570.54 billion current US$ +15.8%
2012 549.74 billion current US$ -3.6%
2013 584.13 billion current US$ +6.3%
2014 577.73 billion current US$ -1.1%
2015 501.70 billion current US$ -13.2%
2016 514.22 billion current US$ +2.5%
2017 536.08 billion current US$ +4.3%
2018 551.31 billion current US$ +2.8%
2019 532.17 billion current US$ -3.5%
2020 545.15 billion current US$ +2.4%
2021 637.19 billion current US$ +16.9%
2022 579.90 billion current US$ -9.0%
2023 585.49 billion current US$ +1.0%
2024 610.12 billion current US$ +4.2%

Sweden compared with similar countries

  • Sweden's 610.12 billion current US$ is above the median for high income countries, which is 92.86 billion current US$, 6.6× the median. (82 countries reporting)
  • Sweden's 610.12 billion current US$ is above the median for Europe & Central Asia, which is 93.20 billion current US$, 6.5× the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 74.75 billion current US$ 38.04 billion current US$ 123.21 billion current US$ 10
1980s 147.08 billion current US$ 104.86 billion current US$ 217.63 billion current US$ 10
1990s 263.30 billion current US$ 212.65 billion current US$ 291.95 billion current US$ 10
2000s 374.46 billion current US$ 242.50 billion current US$ 514.62 billion current US$ 10
2010s 541.04 billion current US$ 492.75 billion current US$ 584.13 billion current US$ 10
2020s 591.57 billion current US$ 545.15 billion current US$ 637.19 billion current US$ 5

Countries ranked near Sweden

  1. 21 Poland 914.70 billion current US$ compare
  2. 22 Belgium 664.56 billion current US$ compare
  3. 23 Argentina 633.27 billion current US$ compare
  4. 25 Ireland 577.39 billion current US$ compare
  5. 26 Singapore 547.39 billion current US$ compare
  6. 27 Israel 540.38 billion current US$ 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 610.12 billion current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Sweden?
The highest recorded value was 637.19 billion current US$ in 2021.
What is the lowest gdp recorded in Sweden?
The lowest recorded value was 38.04 billion current US$ in 1970.
How does Sweden rank for gdp?
Sweden ranks 24th out of 211 countries with data for 2024.
Is gdp rising or falling in Sweden?
Over the last ten years it is up 5.6%. 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 US$). 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-us-2/sweden/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release