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Indicators of economy in Sweden

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Sweden reached 51.615 US dollars per inhabitant, or 530.88 bn US Dollar in the whole country. Sweden is therefore currently ranked 24 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Sweden is in the list of the world's richest countries in place 18.

Inflation in Sweden was in 2019 at around 1.78%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices of daily necessities are approximately 14.57% higher.
The Corruption Perceptions Index for the public sector counts 85 and is compared to other countries good.


Back to overview: Sweden

Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Sweden
Total
Sweden
per capita
EU
Total
EU
per capita
GDP530.88 bn USD51,615.02 USD15,626.45 tn USD30,381.17 USD
Gross national product573.77 bn USD55,784.69 USD16,026.52 tn USD31,158.99 USD


Sweden ranked 5th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea. 26 of the 2000 largest listed companies in the world originate from Sweden. This is determined annually in the "Forbes Global 2000" list. The 10 largest companies in the country were in 2020:

Rank 233: Volvo Group (Gothenburg)
Rank 459: SEB AB (Stockholm)
Rank 460: Investor AB (Stockholm)
Rank 464: Svenska Handelsbanken (Stockholm)
Rank 496: H&M - Hennes & Mauritz (Stockholm)
Rank 577: Swedbank (Stockholm)
Rank 627: Essity Ab (Stockholm)
Rank 658: Atlas Copco (Stockholm)
Rank 704: Ericsson (Kista)
Rank 781: Telia (Solna)

Development of the Gross domestic product in billion US Dollar 1979 - 2019


Household debt and deficits 2019


 Sweden
Total
Sweden
per capita
EU
Total
EU
per capita
Gross debt188.81 bn USD18,356.90 USD14,618.72 tn USD28,421.93 USD
Budget deficit-2.72 bn USD-264.05 USD148.52 bn USD288.76 USD

Please note: A negative budget deficit equivalents to a surplus


Im- and Exports 2019

 Sweden
Total
Sweden
per capita
EU
Total
EU
per capita
Imports232.56 bn USD22,610.70 USD8,073.39 bn USD15,696.41 USD
Exports251.45 bn USD24,447.58 USD8,622.21 bn USD16,763.44 USD


Development of imports and exports in billion US dollars 1979 - 2019

Exports
Imports



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