Economic growth in Sweden is expected to remain strong this year and next, fuelled by construction investment and exports, before moderating in 2019. In view of the increased economic activity, unemployment is forecast to decline further before stabilising. Inflation is expected to remain just below 2% over the forecast horizon. While the 2018 budget bill includes SEK 40 billion of new measures, public finances are projected to remain strong.

Indicators 2016 2017 2018 2019
GDP growth (%, yoy) 3,3 3,2 2,7 2,2
Inflation (%, yoy) 1,1 1,8 1,6 1,7
Unemployment (%) 6,9 6,6 6,4 6,3
Public budget balance (% of GDP) 1,1 0,9 0,7 0,6
Gross public debt (% of GDP) 42,2 39,0 36,6 34,4
Current account balance (% of GDP) 5,1 4,9 5,0 5,1

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