GDP (current US$), annual growth rate in Sweden

Sweden: GDP (current US$), annual growth rate was 4.21 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.21 % change on previous year
Change on year
up 336.1%
World rank
136th
of 211 countries
All-time high
31.87 % change on previous year
in 1986
All-time low
-25.1 % change on previous year
in 1993
Years of data
54
1971–2024

GDP (current US$), annual growth rate in Sweden, 1971–2024

-2002040197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Sweden recorded 4.21 % change on previous year for gdp (current us$), annual growth rate in 2024.

The figure is up 336.1% on the previous year and up 484.0% over ten years.

Over the whole period, gdp (current us$), annual growth rate in Sweden peaked at 31.87 % change on previous year in 1986 and was at its lowest, -25.1 % change on previous year, in 1993.

Sweden ranks 136th 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 US$), annual growth rate in Sweden, year by year

Annual values for GDP (current US$), annual growth rate in Sweden, 1971 to 2024.
Year % change on previous year Change
1971 9.12 % change on previous year
1972 17.77 % change on previous year +94.9%
1973 21.35 % change on previous year +20.1%
1974 11.12 % change on previous year -47.9%
1975 25.56 % change on previous year +129.8%
1976 7.81 % change on previous year -69.4%
1977 5.71 % change on previous year -26.9%
1978 10.56 % change on previous year +84.7%
1979 18.14 % change on previous year +71.8%
1980 15.16 % change on previous year -16.4%
1981 -8.73 % change on previous year -157.6%
1982 -11.8 % change on previous year +35.2%
1983 -8.19 % change on previous year -30.6%
1984 3.99 % change on previous year -148.7%
1985 4.51 % change on previous year +13.0%
1986 31.87 % change on previous year +607.1%
1987 21.6 % change on previous year -32.2%
1988 13.1 % change on previous year -39.3%
1989 5.3 % change on previous year -59.6%
1990 20.14 % change on previous year +280.3%
1991 4.73 % change on previous year -76.5%
1992 3.68 % change on previous year -22.2%
1993 -25.1 % change on previous year -782.1%
1994 7.55 % change on previous year -130.1%
1995 16.77 % change on previous year +122.1%
1996 9.32 % change on previous year -44.4%
1997 -8.12 % change on previous year -187.1%
1998 0.9834 % change on previous year -112.1%
1999 1.27 % change on previous year +28.8%
2000 -4.16 % change on previous year -428.6%
2001 -7.76 % change on previous year +86.5%
2002 10.26 % change on previous year -232.2%
2003 24.95 % change on previous year +143.2%
2004 15.11 % change on previous year -39.4%
2005 1.86 % change on previous year -87.7%
2006 7.87 % change on previous year +323.9%
2007 15.98 % change on previous year +103.0%
2008 5.01 % change on previous year -68.6%
2009 -15.6 % change on previous year -411.3%
2010 13.46 % change on previous year -186.2%
2011 15.79 % change on previous year +17.3%
2012 -3.65 % change on previous year -123.1%
2013 6.25 % change on previous year -271.6%
2014 -1.1 % change on previous year -117.5%
2015 -13.16 % change on previous year +1101.5%
2016 2.5 % change on previous year -119.0%
2017 4.25 % change on previous year +70.4%
2018 2.84 % change on previous year -33.2%
2019 -3.47 % change on previous year -222.2%
2020 2.44 % change on previous year -170.2%
2021 16.88 % change on previous year +592.3%
2022 -8.99 % change on previous year -153.3%
2023 0.9647 % change on previous year -110.7%
2024 4.21 % change on previous year +336.1%

Sweden compared with similar countries

  • Sweden's 4.21 % change on previous year is below the median for high income countries, which is 5.39 % change on previous year, 78% of the median. (82 countries reporting)
  • Sweden's 4.21 % change on previous year is below the median for Europe & Central Asia, which is 5.96 % change on previous year, 71% of the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP (current US$), 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.

YearChange FromTo
2015 -1101.5% -1.1 % change on previous year -13.16 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 14.13 % change on previous year 5.71 % change on previous year 25.56 % change on previous year 9
1980s 6.68 % change on previous year -11.8 % change on previous year 31.87 % change on previous year 10
1990s 3.12 % change on previous year -25.1 % change on previous year 20.14 % change on previous year 10
2000s 5.35 % change on previous year -15.6 % change on previous year 24.95 % change on previous year 10
2010s 2.37 % change on previous year -13.16 % change on previous year 15.79 % change on previous year 10
2020s 3.1 % change on previous year -8.99 % change on previous year 16.88 % change on previous year 5

Countries ranked near Sweden

  1. 133 El Salvador 4.46 % change on previous year compare
  2. 134 Jordan 4.43 % change on previous year compare
  3. 135 Djibouti 4.32 % change on previous year compare
  4. 137 Bhutan 4.18 % change on previous year compare
  5. 138 Laos 4.16 % change on previous year compare
  6. 139 Cameroon 4.15 % change on previous year compare

See the full ranking of 211 places →

More population data for Sweden

All data for Sweden →

Frequently asked questions

What is gdp (current us$), annual growth rate in Sweden?
Gdp (current us$), annual growth rate in Sweden was 4.21 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current us$), annual growth rate recorded in Sweden?
The highest recorded value was 31.87 % change on previous year in 1986.
What is the lowest gdp (current us$), annual growth rate recorded in Sweden?
The lowest recorded value was -25.1 % change on previous year in 1993.
How does Sweden rank for gdp (current us$), annual growth rate?
Sweden ranks 136th out of 211 countries with data for 2024.
Is gdp (current us$), annual growth rate rising or falling in Sweden?
Over the last ten years it is up 484.0%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current US$), annual growth rate in Sweden. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-us-annual-growth-rate-2/sweden/

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<a href="https://population.statizoid.com/stat/gdp-current-us-annual-growth-rate-2/sweden/">GDP (current US$), annual growth rate in Sweden</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
GDP (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,102 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.