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Sweden GDP by year, 1960 to 2025

Sweden's GDP reached a record $669 billion in 2025, but it ranks 25th, down from 16th in 1980, after Argentina and Ireland passed it.

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What the data shows

  • Sweden: $16B in 1960, $669B in 2025 (42× higher).
  • Ireland: $2B in 1960, $722B in 2025.
  • Argentina: $16B in 1960, $683B in 2025 (43× higher).
  • Israel: $3B in 1960, $611B in 2025. Its low point was $3B in 1962.

About this chart

Sweden ranked 16th in the world in 1980, 19th in 2000 and 25th in 2025. GDP reached a record $669 billion in 2025, up from $142 billion in 1980, but larger and faster-growing economies moved past it. The biggest falls in dollar terms were 25 percent in 1993, from $284 billion to $213 billion, 16 percent in 2009 and 13 percent in 2015, from $578 billion to $502 billion.

Sweden's three nearest economies are Ireland ($722 billion), Argentina ($683 billion) and Israel ($611 billion). Ireland passed Sweden in 2024. Argentina and Sweden traded the lead many times, beginning in the 1960s, and Argentina has been ahead since 2022. Israel has stayed behind Sweden throughout the data. Figures are nominal current US dollars, not adjusted for inflation or purchasing power, so a weaker krona lowers the line.

The data

Source: World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, billions. Retrieved November 4, 2026.

Sweden's GDP, GDP in current US$ billions, 1960 to 2025, 1960–2025
Date🇸🇪 Sweden🇮🇪 Ireland🇦🇷 Argentina🇮🇱 Israel
1960$16B$2B$16B$3B
1961$17B$2B$20B$4B
1962$19B$2B$18B$3B
1963$20B$3B$18B$4B
1964$23B$3B$26B$4B
1965$25B$3B$28B$4B
1966$27B$3B$29B$5B
1967$30B$3B$24B$5B
1968$31B$3B$26B$6B
1969$34B$4B$31B$6B
1970$38B$4B$32B$7B
1971$42B$5B$33B$7B
1972$49B$6B$35B$9B
1973$59B$8B$53B$12B
1974$66B$8B$72B$17B
1975$83B$10B$52B$16B
1976$89B$10B$51B$16B
1977$94B$11B$57B$18B
1978$104B$15B$89B$18B
1979$123B$18B$69B$23B
1980$142B$22B$77B$25B
1981$130B$21B$79B$27B
1982$114B$22B$84B$29B
1983$105B$21B$104B$33B
1984$109B$20B$117B$31B
1985$114B$21B$88B$29B
1986$150B$29B$106B$36B
1987$183B$34B$109B$43B
1988$207B$38B$127B$53B
1989$218B$39B$77B$52B
1990$262B$49B$141B$62B
1991$274B$50B$190B$71B
1992$284B$56B$229B$79B
1993$213B$52B$237B$80B
1994$229B$57B$257B$91B
1995$267B$69B$258B$105B
1996$292B$76B$272B$115B
1997$268B$83B$293B$119B
1998$271B$90B$299B$121B
1999$274B$99B$284B$121B
2000$263B$100B$284B$136B
2001$243B$109B$269B$135B
2002$267B$129B$98B$125B
2003$334B$165B$128B$131B
2004$385B$194B$165B$140B
2005$392B$212B$199B$147B
2006$423B$232B$233B$159B
2007$490B$270B$288B$184B
2008$515B$275B$362B$221B
2009$434B$236B$333B$213B
2010$493B$222B$424B$239B
2011$571B$241B$530B$268B
2012$550B$227B$546B$263B
2013$584B$243B$552B$298B
2014$578B$267B$526B$314B
2015$502B$302B$595B$303B
2016$513B$305B$558B$321B
2017$535B$348B$644B$357B
2018$550B$396B$525B$376B
2019$531B$407B$448B$399B
2020$544B$436B$386B$411B
2021$632B$530B$487B$490B
2022$575B$548B$634B$525B
2023$579B$567B$650B$513B
2024$605B$609B$638B$542B
2025$669B$722B$683B$611B

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Frequently asked questions

What is Sweden's GDP?

Sweden's GDP was about $669 billion in 2025, according to the World Bank, in current US dollars. That ranks 25th in the world and is the highest value in the series.

How has Sweden's world GDP rank changed?

Sweden ranked 16th in 1980, 19th in 2000 and 25th in 2025. Its GDP kept growing, but other economies grew faster in dollar terms.

Which economies are closest to Sweden's in size?

In 2025 the nearest were Ireland at $722 billion, Argentina at $683 billion and Israel at $611 billion. Sweden sat between Argentina and Israel.

Where does this data come from?

World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, billions. Retrieved November 4, 2026. You can download the full table as a CSV from this page.

Can I turn this chart into a video?

Yes. Open it in the editor, change the title, theme, colors or format (9:16 for Reels and TikTok, 16:9 for YouTube), and export an MP4. Free exports are 720p with a small watermark; Pro ($11.99/month) removes it and adds 1080p, 4K and 60 fps.

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