Industrial Production in Sweden
The Swedish economy recorded an average industrial production growth rate of 1.5% in the decade to 2024. In 2024, industrial production growth was -0.4%. For more industry information, visit our dedicated page.
Sweden Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Sweden from 2014 to 2025.
Source: Macrobond.
Sweden Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 6.5 | 2.4 | 0.0 | -0.5 | 5.6 |
Industrial production decelerates in May
Latest reading: Industrial production—excluding energy—was up 1.1% in calendar- and seasonally adjusted month-on-month terms in May, following 3.6% growth in the prior month. Relative to the prior month's figures, readings in May worsened for manufacturing (+1.0% in calendar- and seasonally adjusted month-on-month terms vs +3.4% in April) and mining (+0.9% vs +8.8% in April). In working-day adjusted year-on-year terms, industrial production rose 8.4% in May, following a 6.4% increase in the prior month.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Swedish industry projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Swedish industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Swedish industry projections.
Want to get access to the full dataset of Swedish industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Cyprus: Industrial production accelerates in May Latest reading: Industrial production rose 2.5% on a calendar-adjusted year-on-year basis in May, following a 1.5% rise in the previous...