Sweden: economy and key statistics
Sweden is number 25 in the 311 Nations Index, with a GDP of $669.0 billion in 2025. GDP per person is $63,133. The economy grew by 1.5% in 2025. Unemployment is 8.7%. The economy is 67% services, 21% industry, 2% agriculture. In 311 Institute directories: 63 R&D labs, 16 startups, 46 investors, 3 Titans.
Part of the 311 Nations Index. Last updated .
National power
Sweden is number 22 in the 311 National Power Index, scoring 55.3 out of 100: economic 72, technology 46, military 40 and human capital 63.
Economy at a glance
| Indicator | Latest figure | Year |
|---|---|---|
| GDP | $669.0 billion | 2025 |
| GDP (purchasing power) | $768.6 billion | 2025 |
| GDP per person | $63,133 | 2025 |
| Economic growth | +1.5% | 2025 |
| Inflation | 0.7% | 2025 |
| Unemployment | 8.7% | 2025 |
| Population | 10.6 million | 2025 |
| Labour force | 5.7 million | 2025 |
| Services share of GDP | 67% | 2025 |
| Industry share of GDP | 21% | 2025 |
| Manufacturing share of GDP | 12% | 2025 |
| Agriculture share of GDP | 2% | 2025 |
| Exports share of GDP | 53% | 2025 |
| Foreign direct investment | 2.9% of GDP | 2025 |
| High-tech share of manufactured exports | 18% | 2024 |
| R&D spending | 3.60% of GDP | 2023 |
| Internet users | 96% of people | 2025 |
R&D labs
Largest companies in Sweden
Startups in Sweden
- 10 Chambers
- Appland
- BookBeat
- Candela Technology AB
- ChromaWay
- Flowbox
- Funnel
- Hazelight Studios
- Lovable
- Poppermost Productions
- Sector3 Studios
- Star Stable Entertainment
- Stegra AB
- VOI
- We Don't Have Time
Investors in Sweden
- HealthCap
- Swedish Industrial Development Fund
- ChromaWay
- Northzone
- EQT Partners
- Triton Partners
- EQT Ventures
- Nordstjernan AB
- Skrinet
- Regioninvest i Norr AB
- Hexiron
- AB Traction
- AddLife
- Havsfrun Investment AB
- Wallenberg Investments AB
- ACAP Invest
Main export industries
Sweden exported goods worth about $195.8bn in 2024. Its biggest export industries:
- Machinery and mechanical appliances, boilers, nuclear reactors: $28.4bn (14.5% of goods exports)
- Vehicles: $26.5bn (13.5% of goods exports)
- Electrical machinery and equipment: $18.0bn (9.2% of goods exports)
- Mineral fuels, mineral oils and products of their distillation: $13.9bn (7.1% of goods exports)
- Pharmaceutical products: $13.5bn (6.9% of goods exports)
Source: UN Comtrade, goods only (services exports are not included).
Other economies in Europe
- Germany (#3)
- United Kingdom (#5)
- France (#7)
- Russia (#8)
- Italy (#9)
- Spain (#12)
- Türkiye (#16)
- Netherlands (#18)
- Switzerland (#20)
- Poland (#21)
- Belgium (#22)
- Ireland (#23)
- Austria (#28)
- Norway (#31)
- Denmark (#35)
Questions and answers
How big is the economy of Sweden?
Sweden had a GDP of $669.0 billion in 2025, ranking number 25 in the 311 Nations Index.
What is GDP per person in Sweden?
GDP per person in Sweden was $63,133 in 2025.
How fast is the economy of Sweden growing?
The economy of Sweden grew by 1.5% in 2025.
Source: World Bank, World Development Indicators (CC BY 4.0).
© 311 Institute 2026. Facts from Wikidata (CC0) and the sources linked on this page. The selection, classification and links are the proprietary work of the 311 Institute, protected by copyright and database rights.