Sweden: GDP per capita (current LCU)

Key figures

What the numbers say

In 2025, Sweden's GDP per capita (current LCU) rose 15,304 on 2024 (from 604,709 to 620,013).

Across the 30 yearly changes before that (1995 to 2024), the average change was +13,458 and a typical year strayed about 9,898 from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 35,975 in 2021 and the biggest yearly fall was 10,406 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 2016 to 2025 the straight-line trend is upward, about 20,887 a year. A straight line explains 96% of the movement over 10 observed years.

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

A straight-line projection, tested first

Extending that straight line gives about 668,958 for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 37,329, against 47,950 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2025, Sweden had the 59th highest value of the 186 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 2025 ranking

• Dominican Republic — 55th of 186: 685,522
• Burkina Faso — 56th of 186: 667,804
• Guinea-Bissau — 57th of 186: 653,952
• Macao SAR, China — 59th of 186: 609,477
• Mauritius — 60th of 186: 597,560
• Chad — 61st of 186: 594,926

What this measures

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

All 66 values

GDP per capita (current LCU) in nearby economies

• Albania — 1.13 million (2025)
• Andorra — 48,046 (2025)
• Armenia — 3.67 million (2025)
• Austria — 55,691 (2025)
• Azerbaijan — 12,598 (2025)
• Belarus — 31,549 (2025)
• Belgium — 53,762 (2025)
• Bosnia and Herzegovina — 18,009 (2025)
• Bulgaria — 18,034 (2025)
• Channel Islands — 60,007 (2023)
• Croatia — 23,986 (2025)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Sweden's GDP per capita (current LCU)?

620,013 in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 5,531% from 11,010 in 1960 (6.4% a year on average, compounded). The highest value was 620,013 in 2025 and the lowest 11,010 in 1960.

How does Sweden rank?

Source

World Bank, World Development Indicators, indicator NY.GDP.PCAP.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, 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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