small, open, competitive, and thriving economy that remains outside of the euro zone; has achieved an enviable standard of living, with its combination of free-market capitalism and extensive welfare benefits
$558.427 billion (2021 est.)
$531.455 billion (2020 est.)
$543.245 billion (2019 est.)
note: data are in 2017 dollars
5.08% (2021 est.)
-2.17% (2020 est.)
1.99% (2019 est.)
$53,600 (2021 est.)
$51,300 (2020 est.)
$52,900 (2019 est.)
note: data are in 2017 dollars
$531.35 billion (2019 est.)
2.16% (2021 est.)
0.5% (2020 est.)
1.78% (2019 est.)
Fitch rating: AAA (2004)
Moody's rating: Aaa (2002)
Standard & Poors rating: AAA (2004)
note: The year refers to the year in which the current credit rating was first obtained.
agriculture: 1.6% (2017 est.)
industry: 33% (2017 est.)
services: 65.4% (2017 est.)
household consumption: 44.1% (2017 est.)
government consumption: 26% (2017 est.)
investment in fixed capital: 24.9% (2017 est.)
investment in inventories: 0.8% (2017 est.)
exports of goods and services: 45.3% (2017 est.)
imports of goods and services: -41.1% (2017 est.)
wheat, milk, sugar beets, barley, potatoes, oats, rapeseed, pork, rye, triticale
iron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, motor vehicles
5.72% (2021 est.)
5.556 million (2021 est.)
agriculture: 2%
industry: 12%
services: 86% (2014 est.)
8.66% (2021 est.)
8.29% (2020 est.)
6.83% (2019 est.)
total: 24.5%
male: 26.1%
female: 23% (2021 est.)
17.1% (2018 est.)
29.3 (2019 est.)
on food: 12.4% of household expenditures (2018 est.)
on alcohol and tobacco: 3.4% of household expenditures (2018 est.)
lowest 10%: 3.4%
highest 10%: 24% (2012)
revenues: $259.17 billion (2019 est.)
expenditures: $256.454 billion (2019 est.)
1.3% (of GDP) (2017 est.)
44% of GDP (2020 est.)
38.69% of GDP (2019 est.)
42.28% of GDP (2018 est.)
note: data cover general government debt and include debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intragovernmental debt; intragovernmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are not sold at public auctions
26.58% (of GDP) (2020 est.)
calendar year
$34.075 billion (2021 est.)
$32.372 billion (2020 est.)
$29.361 billion (2019 est.)
$290.793 billion (2021 est.) note: data are in current year dollars
$241.94 billion (2020 est.) note: data are in current year dollars
$257.293 billion (2019 est.) note: data are in current year dollars
Germany 10%, Norway 9%, United States 8%, Denmark 8%, Finland 6% (2021)
cars and vehicle parts, refined petroleum, packaged medicines, lumber, iron, broadcasting equipment (2021)
$263.269 billion (2021 est.) note: data are in current year dollars
$217.165 billion (2020 est.) note: data are in current year dollars
$233.648 billion (2019 est.) note: data are in current year dollars
Germany 18%, Netherlands 9%, Norway 8%, China 7%, Denmark 7% (2021)
cars and vehicle parts, crude petroleum, refined petroleum, broadcasting equipment, computers (2021)
$62.053 billion (31 December 2021 est.)
$58.26 billion (31 December 2020 est.)
$55.51 billion (31 December 2019 est.)
$911.317 billion (2019 est.)
$1,012,171,000,000 (2018 est.)
Swedish kronor (SEK) per US dollar -
8.577 (2021 est.)
9.21 (2020 est.)
9.458 (2019 est.)
8.693 (2018 est.)
8.549 (2017 est.)
NOTE: The information regarding Sweden on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Sweden 2023 information contained here. All suggestions for corrections of any errors about Sweden 2023 should be addressed to the CIA or the source cited on each page.
This page was last modified 10 Nov 23, Copyright © 2023 ITA all rights reserved.