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Sweden Unemployment Rate

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

Sweden's unemployment rate was 8.69% in 2025, ranked 138th globally. This represents a 4.1% increase from 2024. Data from World Bank, covering 1980–2025.

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.

Sweden's unemployment rate has exhibited significant fluctuations over the past 46 years, with a marked increase from the all-time trough of 2.02% in 1989 to the all-time peak of 10.36% in 1997. The unemployment rate has generally trended upward since the trough, although it has declined somewhat in recent years, reaching 8.69% in 2025. This still positions Sweden above its peer countries, with Greece and Belize also experiencing unemployment rates above 8%, and Chile at 8.97%. Comparatively, Türkiye's unemployment rate in 2025 is slightly lower at 8.52%. The relatively high unemployment rate in Sweden in 2025 is a concern, and a sustained decline in the rate would require a robust labor market and economic growth. A significant reduction in unemployment could be achieved through policies promoting job creation and education investments, which would help alleviate the current high unemployment rate and improve Sweden's competitiveness.

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 →

The provided headlines do not offer direct economic developments or specific policy changes that clearly relate to Sweden's current unemployment rate of 8.69%. The first headline details broader EU market movements and company-specific news without direct implications for Sweden's labor market. The second headline discusses Sweden's geopolitical role, which is a diplomatic observation rather than an immediate economic driver for unemployment.

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 October 22, 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} }

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