Sweden GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Sweden's gdp deflator was 5.54% in 2025, ranked 109th globally. This represents a 84.1% increase from 2024. Data from World Bank, covering 1961–2025.
Overview
Sweden's gdp deflator stood at 5.54% in 2025, a rise of +2.53pp from 2024. Based on recent trends, this figure is projected to reach 5.54% by 2025. Sweden ranked 109th globally.
Sweden’s GDP deflator has risen to 5.54 % in 2025, placing the country 109th in the World Bank ranking and positioning it near peers such as the United Arab Emirates (5.44 %) and Spain (5.67 %). Over the 65‑year series, the index moved from a low of 2.94 % in 1961 to an all‑time peak of 14.51 % in 1975, a period marked by the oil shocks and expansive fiscal policies that drove global price levels upward. The deflator then fell to a historic trough of 0.41 % in 2004, reflecting the deflationary pressures of the early 2000s and a strong Swedish krona. Since that bottom, the measure has trended upward, reaching the current mid‑single‑digit level as domestic demand and wage growth have outpaced productivity gains. Continued moderation of wage growth and tighter monetary policy could temper the upward trajectory, while external price shocks would likely push the deflator higher.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 6.65% | - | - |
| 2026* trend | 6.09% | - | - |
| 2025* trend | 5.54% | - | - |
| 2025 | 5.54% | +2.53pp | #109 |
| 2024 | 3.01% | −2.83pp | #69 |
| 2023 | 5.83% | −0.19pp | #114 |
| 2022 | 6.03% | +3.32pp | #78 |
| 2021 | 2.71% | +0.91pp | #62 |
| 2020 | 1.80% | −0.63pp | #100 |
| 2019 | 2.43% | −0.19pp | #114 |
| 2018 | 2.61% | +0.39pp | #100 |
| 2017 | 2.23% | +0.57pp | #90 |
| 2016 | 1.66% | −0.60pp | #96 |
| 2015 | 2.26% | +0.42pp | #102 |
| 2014 | 1.83% | +0.82pp | #100 |
| 2013 | 1.01% | +0.06pp | #59 |
| 2012 | 0.95% | −0.17pp | #32 |
| 2011 | 1.12% | +0.09pp | #33 |
Detected Pattern
Analysis
Sweden matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
Sweden's gdp deflator was 5.54% in 2025. Ranked 109th globally. This represents a 84.1% increase from the previous year.
Sweden's gdp deflator peaked at 14.51% in 1975.
The lowest gdp deflator in Sweden was 0.41% in 2004.
Sweden ranks 109th globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Sweden's gdp deflator is projected to reach 5.54% by 2025 based on trend extrapolation.
The gdp deflator of Sweden in 2025 was 5.54%. This ranks 109th in the world.
Cite this page
@misc{historysaid_sweden_gdp-deflator,
title = {Sweden GDP Deflator},
url = {https://historysaid.com/sweden/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}