GERD as a percentage of GDP in Sweden

Sweden: GERD as a percentage of GDP was 3.6% in 2023. ▬ Flat

Latest (2023)
3.6%
Change on year
up 3.7%
World rank
3rd
of 116 countries
All-time high
3.9%
in 2001
All-time low
3.1%
in 2014
Years of data
24
1997–2023

GERD as a percentage of GDP in Sweden, 1997–2023

012341997201020231997: 3.31999: 3.42001: 3.92003: 3.62004: 3.42005: 3.42006: 3.52007: 3.22008: 3.52009: 3.42010: 3.22011: 3.22012: 3.22013: 3.32014: 3.12015: 3.22016: 3.32017: 3.42018: 3.32019: 3.42020: 3.52021: 3.42022: 3.52023: 3.6

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for gerd as a percentage of gdp in Sweden is 3.6%, measured in 2023.

The figure is up 3.7% on the previous year and up 9.9% over ten years.

Over the whole period, gerd as a percentage of gdp in Sweden peaked at 3.9% in 2001 and was at its lowest, 3.1%, in 2014.

That places Sweden 3rd out of 116 countries with data for 2023, putting it in the top 10%.

GERD as a percentage of GDP in Sweden, year by year

Annual values for GERD as a percentage of GDP in Sweden, 1997 to 2023.
Year Value Change
1997 3.3% —
1999 3.4% +3.2%
2001 3.9% +14.6%
2003 3.6% -7.5%
2004 3.4% -6.0%
2005 3.4% -0.1%
2006 3.5% +3.4%
2007 3.2% -6.8%
2008 3.5% +7.7%
2009 3.4% -2.2%
2010 3.2% -6.6%
2011 3.2% +0.6%
2012 3.2% +1.2%
2013 3.3% +0.9%
2014 3.1% -4.6%
2015 3.2% +3.7%
2016 3.3% +0.5%
2017 3.4% +4.2%
2018 3.3% -1.4%
2019 3.4% +1.6%
2020 3.5% +3.0%
2021 3.4% -2.5%
2022 3.5% +1.7%
2023 3.6% +3.7%

Sweden compared with similar countries

  • Sweden's 3.6% is above the median for high income countries, which is 1.5%, 2.4× the median. (54 countries reporting)
  • Sweden's 3.6% is above the median for Europe & Central Asia, which is 1.4%, 2.6× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.3% 3.3% 3.4% 2
2000s 3.5% 3.2% 3.9% 8
2010s 3.3% 3.1% 3.4% 10
2020s 3.5% 3.4% 3.6% 4

Countries ranked near Sweden

  1. 1 Israel 6.3% compare
  2. 2 South Korea 4.9% compare
  3. 4 United States 3.4% compare
  4. 5 Japan 3.4% compare
  5. 6 Belgium 3.3% compare

See the full ranking of 166 places →

More science & technology data for Sweden

All data for Sweden →

Frequently asked questions

What is gerd as a percentage of gdp in Sweden?
Gerd as a percentage of gdp in Sweden was 3.6% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Sweden?
The highest recorded value was 3.9% in 2001.
What is the lowest gerd as a percentage of gdp recorded in Sweden?
The lowest recorded value was 3.1% in 2014.
How does Sweden rank for gerd as a percentage of gdp?
Sweden ranks 3rd out of 116 countries with data for 2023.
Is gerd as a percentage of gdp rising or falling in Sweden?
Over the last ten years it is up 9.9%. The long-run trend across the full record is flat.
Where does this Sweden data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in Sweden. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 November 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/sweden/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release