Sweden Gross Domestic Product (GDP) y/y

Country:
Sweden
SEK, Swedish krona
Sector:
GDP
Medium -2.2% -2.6%
-2.6%
Last release Importance Actual Forecast
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Swedish Gross Domestic Product (GDP) y/y reflects changes in the total value of all goods and services produced in Sweden in the current quarter compared to the same quarter of the previous year. This variant of the indicator is adjusted to remove the effect of holidays and days off.

Swedish GDP is calculated applying expenditure and production approach. According to the first approach, the total expenditure for all final goods and services produced in the country during the reporting period is calculated. First, expenditures are calculated for the individual components, which are then added to aggregate GDP. In the production approach, GDP is calculated based on the aggregated value added. Since the resulting values in these two approaches may differ (the difference can be up to 0.9 percentage points), a group of experts conduct additional analysis of the components to balance the calculation of the final GDP.

In the production approach for GDP calculation, interim costs are subtracted from the total value of manufactured goods for calculating the value added. Expenditures are determined based on current prices to which the deflator is applied.

Expenditure approach is the sum of all final expenditures within the economy. This includes final expenditure on consumption, gross capital formation and net exports of goods and services.

GDP is the main indicator of the national economy state and an important indicator of the country's level of development. The GDP growth can be seen as positive for the Swedish krona.

Last values:

actual data

forecast

The chart of the entire available history of the "Sweden Gross Domestic Product (GDP) y/y" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
4 Q 2020
-2.2%
-2.6%
-2.6%
4 Q 2020 prelim.
-2.6%
-7.5%
-3.5%
3 Q 2020
-2.5%
-3.5%
-3.5%
3 Q 2020 prelim.
-3.5%
-8.9%
-8.2%
2 Q 2020
-7.7%
-8.2%
-8.2%
2 Q 2020 prelim.
-8.2%
0.3%
0.5%
1 Q 2020
0.4%
0.5%
0.5%
1 Q 2020 prelim.
0.5%
-0.3%
0.7%
4 Q 2019
0.8%
2.0%
1.8%
3 Q 2019
1.6%
1.0%
2 Q 2019
1.0%
1.4%
2 Q 2019 prelim.
1.4%
2.1%
1 Q 2019
2.1%
2.4%
4 Q 2018
2.4%
1.5%
3 Q 2018
1.6%
2.7%
2 Q 2018
2.5%
3.3%
2 Q 2018 prelim.
3.3%
3.3%
1 Q 2018
3.3%
2.9%
4 Q 2017
3.3%
2.7%
3 Q 2017
2.9%
2.7%
2 Q 2017
3.1%
4.0%
2 Q 2017 prelim.
4.0%
2.3%
1 Q 2017
2.2%
2.1%
4 Q 2016
2.3%
2.4%
3 Q 2016
2.8%
3.6%
2 Q 2016
3.4%
3.1%
2 Q 2016 prelim.
3.1%
4.2%
1 Q 2016
4.2%
4.9%
4 Q 2015
4.5%
4.1%
3 Q 2015
3.9%
3.4%
2 Q 2015
3.3%
3.0%
2 Q 2015 prelim.
3.0%
2.5%
1 Q 2015
2.5%
2.6%
4 Q 2014
2.7%
2.3%
3 Q 2014
2.1%
2.4%
2 Q 2014
2.6%
1.9%
2 Q 2014 prelim.
1.9%
1.9%
1 Q 2014
1.9%
3.1%
4 Q 2013
3.1%

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