Sweden's manufacturing, value added (current LCU) was 818.16 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 40.56% from 582.07 billion in 2015 (3.46% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 818.16 billion | 2025 |
| Five years earlier | 634.38 billion | 2020 |
| Ten years earlier | 582.07 billion | 2015 |
| Highest | 835.31 billion | 2024 |
| Lowest | 124.24 billion | 1980 |
| Average since 2016 | 711.35 billion | 2016–2025 |
| First recorded | 124.24 billion |
What the numbers say
In 2025, Sweden's manufacturing, value added (current LCU) fell 2.1% on 2024 (from 835.31 billion to 818.16 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +3.6% and a typical year strayed about 6.7% from that (the standard deviation). This year's change was 0.8 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 20.4% in 1995 and the biggest yearly fall was 13.2% 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 2016 to 2025 the straight-line trend is upward, about 30.1 billion a year. A straight line explains 89% 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.
How it compares
In 2025, Sweden had the 48th highest value of the 132 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 — 45th of 132: 968.6 billion
- South Africa — 46th of 132: 936.46 billion
- Haiti — 47th of 132: 846.95 billion
- Germany — 49th of 132: 787.29 billion
- Saudi Arabia — 50th of 132: 757.39 billion
- Ukraine — 51st of 132: 742.96 billion
What this measures
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 46 values
| Year | Manufacturing, value added (current LCU) |
|---|---|
| 2025 | 818,164,000,000 |
| 2024 | 835,309,000,000 |
| 2023 | 822,827,000,000 |
| 2022 | 796,047,000,000 |
| 2021 | 698,849,000,000 |
| 2020 | 634,384,000,000 |
| 2019 | 662,052,000,000 |
| 2018 | 641,564,000,000 |
| 2017 | 610,777,000,000 |
| 2016 | 593,561,000,000 |
Manufacturing, value added (current LCU) in nearby economies
- Albania — 159.96 billion (2025)
- Andorra — 116.77 million (2024)
- Armenia — 1.24 trillion (2025)
- Austria — 78.09 billion (2025)
- Azerbaijan — 7.72 billion (2025)
- Belarus — 58.78 billion (2025)
- Belgium — 71.72 billion (2025)
- Bosnia and Herzegovina — 6.8 billion (2025)
- Croatia — 9.43 billion (2025)
- Cyprus — 1.6 billion (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
Questions people ask
- What is Sweden's manufacturing, value added (current LCU)?
- 818.16 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 558.55% from 124.24 billion in 1980 (4.28% a year on average, compounded). The highest value was 835.31 billion in 2024 and the lowest 124.24 billion in 1980.
- How does Sweden rank?
- 48th highest of 132 economies with data for 2025.
- Is the latest change in manufacturing, value added (current LCU) unusual for Sweden?
- In 2025, Sweden's manufacturing, value added (current LCU) fell 2.1% on 2024 (from 835.31 billion to 818.16 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +3.6% and a typical year strayed about 6.7% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NV.IND.MANF.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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