Sweden's import volume index (2015 = 100) was 94.4 in 2024, the latest year in the World Bank's World Development Indicators. That is down 3.48% from 97.8 in 2014 (0.35% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 94.4 | 2024 |
| Five years earlier | 101.8 | 2019 |
| Ten years earlier | 97.8 | 2014 |
| Highest | 109.2 | 2007 |
| Lowest | 86.9 | 2009 |
| Average since 2015 | 100.62 | 2015–2024 |
| First recorded | 95.1 | 2005 |
What the numbers say
In 2024, Sweden's import volume index (2015 = 100) fell 3.4 on 2023 (from 97.8 to 94.4).
Across the 18 yearly changes before that (2006 to 2023), the average change was +0.15 and a typical year strayed about 7.46 from that (the standard deviation). This year's change was 0.5 standard deviations below 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 14.2 in 2010 and the biggest yearly fall was 20.2 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 2015 to 2024 there is no clear straight-line trend: a straight line explains 21% 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 2024, Sweden had the 154th highest value of the 203 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.
| Value | Year | |
|---|---|---|
| Sweden | 94.4 | 2024 |
| World | 117.2 | 2024 |
Closest to Sweden in the 2024 ranking
- Switzerland — 151st of 203: 96.3
- São Tomé and Principe — 152nd of 203: 96.2
- Belgium — 153rd of 203: 95
- Qatar — 155th of 203: 94.3
- Germany — 156th of 203: 94.1
- Slovak Republic — 157th of 203: 94.1
What this measures
Import volume indexes are derived from UNCTAD's volume index series and are the ratio of the import value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights.
All 20 values
| Year | Import volume index (2015 = 100) |
|---|---|
| 2024 | 94.4 |
| 2023 | 97.8 |
| 2022 | 103.9 |
| 2021 | 102.7 |
| 2020 | 95.2 |
| 2019 | 101.8 |
| 2018 | 105.3 |
| 2017 | 102.5 |
| 2016 | 102.6 |
| 2015 | 100 |
| 2014 |
Import volume index (2015 = 100) in nearby economies
More trade data for Sweden
- Tariff rate, applied, simple mean, manufactured products (%) — 1.44% (2022)
- Tariff rate, most favored nation, simple mean, manufactured products (%) — 4.03% (2022)
- Tariff rate, applied, weighted mean, manufactured products (%) — 1.64% (2022)
- Tariff rate, most favored nation, weighted mean, manufactured products (%) — 3.24% (2022)
- Tariff rate, applied, simple mean, all products (%) — 1.95% (2022)
- Tariff rate, most favored nation, simple mean, all products (%) — 5.24% (2022)
- Tariff rate, applied, weighted mean, all products (%) — 1.33% (2022)
- Tariff rate, most favored nation, weighted mean, all products (%) — 2.68% (2022)
Reading data like this
Questions people ask
- What is Sweden's import volume index (2015 = 100)?
- 94.4 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is down 0.74% from 95.1 in 2005. The highest value was 109.2 in 2007 and the lowest 86.9 in 2009.
- How does Sweden rank?
- 154th highest of 203 economies with data for 2024.
- Is the latest change in import volume index (2015 = 100) unusual for Sweden?
- In 2024, Sweden's import volume index (2015 = 100) fell 3.4 on 2023 (from 97.8 to 94.4). Across the 18 yearly changes before that (2006 to 2023), the average change was +0.15 and a typical year strayed about 7.46 from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD).
Source
World Bank, World Development Indicators, indicator TM.QTY.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) 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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