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Economy of Sweden

GDP, industries, trade data, and economic indicators

GDP
$585,940M
USD (nominal)
GDP per Capita
$55,690
USD per person
GDP Growth
+2.6%
Annual rate
HDI Score
0.947
Rank #5 worldwide
Unemployment
7.5%
Of labor force
Inflation
6.8%
Consumer prices

GDP per Capita Comparison

Sweden $55,690
United States (reference) $76,330

Sweden's GDP per capita is 73.0% of the US level.

Major Industries

Automotive Telecommunications Pharmaceuticals Iron and Steel Technology

International Trade

Top Exports

  1. 1 Machinery
  2. 2 Vehicles
  3. 3 Paper Products
  4. 4 Iron and Steel
  5. 5 Chemicals

Top Imports

  1. 1 Machinery
  2. 2 Petroleum
  3. 3 Vehicles
  4. 4 Electronics
  5. 5 Food Products

Top Trade Partners

Currency

Swedish Krona
Currency code: SEK

Human Development Index (HDI)

#5
World Ranking
HDI Score: 0.947 Very High Development
0.0 0.55 0.70 0.80 1.0

Frequently Asked Questions

What is the GDP of Sweden?
The GDP of Sweden is approximately $585,940 million USD.
What are the major industries in Sweden?
The major industries in Sweden include Automotive, Telecommunications, Pharmaceuticals, Iron and Steel, Technology.
What currency does Sweden use?
Sweden uses the Swedish Krona (SEK).
What is the unemployment rate in Sweden?
The unemployment rate in Sweden is approximately 7.5%.
What does Sweden export?
Sweden's top exports include Machinery, Vehicles, Paper Products, Iron and Steel, Chemicals.