
Kingdom of Sweden
Analyst Library· Aug 2026Official Data — Live Indicators
Fetched from official statistical APIs (World Bank, OECD) — no AI estimation.
Overview
Sweden is a highly developed Nordic country renowned for its progressive social policies, strong welfare state, and commitment to environmental sustainability. A constitutional monarchy with a parliamentary democracy, Sweden has a long and rich history, playing a significant role in European affairs through various periods. Today, it is recognized globally for its innovation, high standard of living, and peaceful international stance. The country maintains a robust, export-oriented economy, driven by advanced manufacturing, technology, and natural resources. Sweden has been a neutral country for centuries but recently joined NATO, signaling a shift in its geopolitical alignment following regional security concerns. Domestically, it balances a market economy with extensive social benefits, contributing to a highly egalitarian society. Its commitment to renewable energy and ambitious climate targets positions it as a leader in global environmental efforts, while its educational system and technological advancements foster a skilled workforce and a vibrant innovation ecosystem.
Economy
gdp nominal
$760.48 billion (2026)
gdp ppp
$756.4 billion (2023 est.)
gdp rank
25 (2023 est.)
gdp per capita
$70,676 (2026)
gdp growth rate
2.0% (2026)
inflation rate
2.6% (2024)
unemployment rate
8.7% (2025)
debt to gdp
31.7% (2023 est.)
fiscal deficit
0.4% of GDP (2023 est.)
major industries
Automotive, Machinery, Pharmaceuticals, Forestry (timber, paper), Iron and Steel, Information Technology and Telecommunications, Mining
top exports
Machinery and transport equipment, Motor vehicles, Wood pulp and paper, Chemicals, Iron and steel, Electronic equipment
top imports
Machinery and transport equipment, Petroleum and petroleum products, Chemicals, Motor vehicles, Foodstuffs
Demographics
population
10701047
population rank
91
population growth rate
0.42% (2026)
median age
40.4 years (2026)
urbanization rate
87.7% (2026)
life expectancy
83.3 years (2023 est.)
fertility rate
1.45 (2026)
literacy rate
Above 99%
ethnic groups
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religions
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age distribution
0 14: 17.6% · 15 64: 61.3% · 65 plus: 21.1%
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