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Sweden real GDPSweden real GDPSweden real GDP

Sweden real GDP

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Key data points


Last release
—
Observation period
Q3 2024
Next release
—
Forecast
—
Highest
‪1.56 T‬ SEK on Mar 31, 2024
Lowest
‪596.18 B‬ SEK on Mar 31, 1981

About Sweden real GDP


Category
GDP
Source
Statistics Sweden
Frequency
Quarterly
Units
SEK

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GDP From Mining
SEGDPPA
GDP From Public Administration
SEGDPPC
GDP Per Capita
SEGDPPCP
GDP Per Capita PPP
SEGDPQQ
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SEMGDPYY
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Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Sweden real GDP was 1.56 T SEK, and the quarter before that it reached 1.56 T SEK.