Sweden: Adjusted net national income per capita (current US$)

Key figures

What the numbers say

In 2021, Sweden's adjusted net national income per capita (current US$) rose US$6,509 on 2020 (from US$45,322 to US$51,831).

Across the 30 yearly changes before that (1991 to 2020), the average change was +US$654.71 and a typical year strayed about US$3,886 from that (the standard deviation). This year's change was 1.5 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was US$6,899 in 2003 and the biggest yearly fall was US$9,130 in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 there is no clear straight-line trend: a straight line explains 6% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Sweden had the 7th highest value of the 167 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Sweden in the 2021 ranking

• United States — 4th of 167: US$58,997
• Denmark — 5th of 167: US$58,796
• Iceland — 6th of 167: US$54,204
• Qatar — 8th of 167: US$51,677
• Singapore — 9th of 167: US$50,690
• Ireland — 10th of 167: US$48,856

What this measures

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. 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.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 52 values

Adjusted net national income per capita (current US$) in nearby economies

• Albania — US$5,943 (2021)
• Armenia — US$3,791 (2021)
• Austria — US$43,282 (2021)
• Azerbaijan — US$3,965 (2021)
• Belarus — US$5,812 (2021)
• Belgium — US$41,743 (2021)
• Bosnia and Herzegovina — US$6,019 (2021)
• Bulgaria — US$10,690 (2021)
• Croatia — US$14,554 (2021)
• Cyprus

More economic policy & debt data for Sweden

• Total reserves, including gold (current US$) — US$74.2 billion (2025)
• Total reserves, excluding gold (current US$) — US$56.54 billion (2025)
• General government final consumption expenditure (current US$) — US$176.83 billion (2025)
• General government final consumption expenditure (current LCU) — 1.74 trillion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$143.54 billion (2025)
• General government final consumption expenditure (constant LCU) — 1.43 trillion (2025)
• General government final consumption expenditure (% of GDP) — 26.43% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$307.6 billion (2025)

Reading data like this

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Questions people ask

What is Sweden's adjusted net national income per capita (current US$)?

US$51,831 in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 1,145% from US$4,162 in 1970 (5.07% a year on average, compounded). The highest value was US$52,090 in 2013 and the lowest US$4,162 in 1970.

How does Sweden rank?

7th highest of 167 economies with data for 2021.

Is the latest change in adjusted net national income per capita (current US$) unusual for Sweden?

In 2021, Sweden's adjusted net national income per capita (current US$) rose US$6,509 on 2020 (from US$45,322 to US$51,831). Across the 30 yearly changes before that (1991 to 2020), the average change was +US$654.71 and a typical year strayed about US$3,886 from that (the standard deviation). This year's change was 1.5 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NY.ADJ.NNTY.PC.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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