Europe & Central Asia
Sweden GDP
Gross Domestic Product in current US dollars.
Latest Value
$603.72B
As of 2024
YoY Change
+4.3%
2023 → 2024
Record High
$631.69B
Recorded in 2021
Record Low
$15.93B
Recorded in 1960
10-Year Average
$556.41B
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: NY.GDP.MKTP.CD
Historical Trend
1960 – 2024
Analysis
Sweden's GDP of 603,715,000,000 current US$ in 2024 indicates a strong economy driven by a highly skilled workforce and innovative industries. The country's GDP is also influenced by its strategic location, with trade playing a significant role in its economic performance. This figure reflects Sweden's position as one of the largest economies in the European Union.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | $603.72B | $24.72B | +4.3% |
| 2023 | $578.99B | $3.92B | +0.7% |
| 2022 | $575.07B | $56.62B | -9.0% |
| 2021 | $631.69B | $87.43B | +16.1% |
| 2020 | $544.27B | $13.37B | +2.5% |
| 2019 | $530.89B | $18.76B | -3.4% |
| 2018 | $549.65B | $14.48B | +2.7% |
| 2017 | $535.17B | $22.11B | +4.3% |
| 2016 | $513.06B | $11.46B | +2.3% |
| 2015 | $501.60B | $76.13B | -13.2% |
Source: World Bank Open Data · 1960–2024
Neighbouring Countries Ranking
Europe & Central Asia · GDP
