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General profile: Sweden

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
10.551 Millions
..
590 489 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 407 284 km²
5.91 %
-0.83 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+0.1 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
130 962
158 549
140 023
197 900
Merchandise imports
111 697
148 946
138 398
192 724
Merchandise trade balance
19 265
9 604
1 625
5 176
Export structure by product group in 2023
(as % of total exports)
0 %0 %75 %75 %8 %8 %5 %5 %4 %4 %7 %7 %
Top 5 partners in 2023
(exports, millions of US$)
20 32118 24917 08913 85913 59020 32118 24917 08913 85913 590
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
38 114
53 877
72 689
104 133
Services imports
39 194
50 638
61 651
107 163
Services trade balance
-1 081
3 239
11 038
-3 030
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
24.6
20.1
16.3
12.2
Travel
17.2
15.5
15.6
9.4
Other services
56.4
63.0
67.2
-
TRADE INDICES
More data on UNCTADstat
107107108101104103102101100979710210610289109112107979810099999798100100999999100103103101103102
ECONOMIC TRENDS
More data on UNCTADstat
-0.8 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
392 219
495 813
505 104
590 489
GDP per capita, current US$
43 436
52 868
51 544
55 963
Real GDP growth, y-on-y, %
2.86
5.95
4.49
-0.83
Current account balance, % of GDP
6.01
5.89
2.58
6.39
Exchange rate (/US$)
7.473
7.208
8.435
..
GDP by expenditure in 2022
(as % of total GDP)
43.724.928.452.849.943.724.928.452.849.9
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+8.0 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
11 515.99
97.12
5 234.95
29 417.84
FDI outflows
28 633.00
20 729.88
10 171.38
47 498.15
Personal remittances, % of GDP
..
..
0.70
..
Financial flows trends
(millions of US$)
3 520.53 337.03 113.33 204.83 091.73 046.82 965.23 514.74 561.34 595.74 293.529 41844 70622 36420 8808 7615 26915 26419 6105 2355 3323 86516 25712 9299710 14736 94728 59327 44611 51612 0935 28012 27310 91423 433FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
6.29
4.76
4.46
4.62
Balance, % of imports
16.54
12.02
11.18
9.19
Normalized balance
0.076
0.057
0.053
0.044
Trade openness²
(sum of imports and exports as % of GDP)
1051038984928986838484828586848192898782
LIVING AREA
Population by living area in 2023
(% of population)
Urban 89%Urban 89%Rural 11%Rural 11%
OTHER INDICATORS
More data on UNCTADstat
0.055 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
2 191
2 206
1 473
1 247
Container port throughput (TEU)
..
1 397 145
1 457 679
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
11.22
9.72
6.92
..
Share of ICT goods, % of total imports
11.14
11.34
10.15
..
Share of workforce involved in the ICT sector
8.73
(r) 7.66
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
q
Estimated. Data refers to 2020.
r
Number of persons employed in full time equivalent units.Total business economy includes repair of computers, personal and household goods; except financial and insurance activities.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024