Gross value added at basic prices (GVA) in Sweden

Sweden: Gross value added at basic prices (GVA) was 599.18 billion current US$ in 2025. ◆ Volatile

Latest (2025)
599.18 billion current US$
Change on year
up 10.6%
World rank
23rd
of 206 countries
All-time high
599.18 billion current US$
in 2025
All-time low
32.90 billion current US$
in 1970
Years of data
56
1970–2025

Gross value added at basic prices (GVA) in Sweden, 1970–2025

0200.0B400.0B600.0B197019972025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

In 2025, gross value added at basic prices (gva) in Sweden stood at 599.18 billion current US$. That is the highest value across all 56 years on record.

The figure is up 10.6% on the previous year and up 34.6% over ten years.

Over the whole period, gross value added at basic prices (gva) in Sweden peaked at 599.18 billion current US$ in 2025 and was at its lowest, 32.90 billion current US$, in 1970.

That places Sweden 23rd out of 206 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 66.07 billion current US$ 32.90 billion current US$ 108.73 billion current US$ 10
1980s 132.00 billion current US$ 95.00 billion current US$ 193.19 billion current US$ 10
1990s 230.95 billion current US$ 184.51 billion current US$ 257.93 billion current US$ 10
2000s 331.84 billion current US$ 215.46 billion current US$ 455.36 billion current US$ 10
2010s 478.69 billion current US$ 434.43 billion current US$ 517.77 billion current US$ 10
2020s 535.10 billion current US$ 482.56 billion current US$ 599.18 billion current US$ 6

Countries ranked near Sweden

  1. 20 Poland 911.54 billion current US$ compare
  2. 21 Ireland 689.58 billion current US$ compare
  3. 22 Belgium 657.04 billion current US$ compare
  4. 24 Argentina 577.62 billion current US$ compare
  5. 25 Thailand 577.01 billion current US$ compare
  6. 26 Singapore 569.37 billion current US$ compare

See the full ranking of 244 places →

More economy & growth data for Sweden

All data for Sweden →

Frequently asked questions

What is gross value added at basic prices (gva) in Sweden?
Gross value added at basic prices (gva) in Sweden was 599.18 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Sweden?
The highest recorded value was 599.18 billion current US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Sweden?
The lowest recorded value was 32.90 billion current US$ in 1970.
How does Sweden rank for gross value added at basic prices (gva)?
Sweden ranks 23rd out of 206 countries with data for 2025.
Is gross value added at basic prices (gva) rising or falling in Sweden?
Over the last ten years it is up 34.6%. The long-run trend across the full record is volatile.
Where does this Sweden data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.