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Sweden Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

8.69% +0.34pp (+4.1%)
Year 2025 Rank #138 Global Peak 10.36% (1997) Source World Bank

Sweden Unemployment Rate (1980–2025)

Overview

Sweden's unemployment rate stood at 8.69% in 2025, a rise of +0.34pp from 2024. The IMF projects 8.99% by 2025. Sweden ranked 138th globally.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 7.88% - -
2029* IMF 7.98% - -
2028* IMF 8.13% - -
2027* IMF 8.28% - -
2026* IMF 8.43% - -
2025* IMF 8.99% - -
2025 8.69% +0.34pp #138
2024 8.40% +0.73pp #140
2023 7.61% +0.13pp #133
2022 7.42% −1.48pp #131
2021 8.80% +0.32pp #132
2020 8.29% +1.38pp #124
2019 6.83% +0.40pp #123
2018 6.37% −0.42pp #114
2017 6.72% −0.34pp #112
2016 6.99% −0.53pp #107
2015 7.43% −0.61pp #111
2014 7.95% −0.15pp #118
2013 8.05% −0.02pp #115
2012 7.98% +0.10pp #116
2011 7.80% −0.90pp #114
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.8% GDP growth 3.2% C/A balance 8.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Sweden matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Sweden's unemployment rate?

Sweden's unemployment rate was 8.69% in 2025. Ranked 138th globally. This represents a 4.1% increase from the previous year.

What was the highest unemployment rate in Sweden?

Sweden's unemployment rate peaked at 10.36% in 1997.

What was the lowest unemployment rate in Sweden?

The lowest unemployment rate in Sweden was 2.03% in 1989.

How does Sweden rank in unemployment rate?

Sweden ranks 138th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Sweden in 2025?

Sweden's unemployment rate is projected to reach 8.99% by 2025 based on IMF projection.

What is the unemployment rate of Sweden in 2025?

The unemployment rate of Sweden in 2025 was 8.69%. This ranks 138th in the world.

Cite this page

APA
Sweden Unemployment Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/sweden/unemployment-rate
BibTeX
@misc{historysaid_sweden_unemployment-rate, title = {Sweden Unemployment Rate}, url = {https://historysaid.com/sweden/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }