Macro‑Economic Monitor

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Sweden economy

Sweden’s economy grew 1.5% in 2025, slower than the world as a whole (2.9%). Consumer prices rose 0.7% in 2025, and 8.7% of the labour force was out of work.

IndicatorLatestYear
Real GDP growth1.5%2025
Inflation (consumer prices)0.7%2025
Unemployment8.7%2025
GDP (US dollars)$669 bn2025
GDP per person (US dollars)$63,1332025
GDP per person (PPP, international dollars)$71,8452024
Current account balance, % of GDP6.1%2025
Budget balance, % of GDP−0.7%2024
Extreme poverty, % of people below $3.00 a day0.8%2023
Population10.6 m2025
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Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.