Investment in Sweden

Sweden Investment | Economic News & Forecasts

Sweden - Investment

Economic rebound slows according to advanced Q4 data

The economy expanded 0.5% in the fourth quarter of 2020, in quarter-on-quarter seasonally-adjusted terms, according to preliminary figures released by Statistics Sweden. The result was well below the 4.9% rise recorded in Q3 and came in slightly below market expectations. In calendar-adjusted annual terms, the economy shrank 2.6%, softening from the 2.7% drop recorded in Q3.

The quarterly slowdown came amid rising infection rates both domestically and in key trading partners, likely weighing heavily on services activity in the quarter. Nevertheless, Q4’s estimate puts the overall contraction for 2020 at 2.8%, which compares very favorably with most major European economies.

A more comprehensive breakdown of Q4 GDP will be released on 26 February.

Torbjörn Isaksson, chief analyst at Nordea, is optimistic regarding the outlook, commenting:

“Near term, the recovery will slow due to the rising infection rates and the tighter restrictions in Sweden and abroad. But the slowdown in Sweden is expected to be mild. It will not lead to any persisting economic problems and thus not impede the future recovery. The situation is uncertain, and further restrictions affecting growth cannot be ruled out near term.”

FocusEconomics Consensus Forecast panelists see GDP growing 2.8% in 2021, which is down 0.1 percentage points from last month’s forecast, and 3.3% in 2022.

Sweden - Investment Data

2015   2016   2017   2018   2019  
Investment (annual variation in %)6.9  4.0  5.5  1.4  -1.3  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Sweden Facts

Value Change Date
Bond Yield0.15-4.79 %Jan 01
Exchange Rate9.36-0.20 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form