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
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -4.7 | 6.5 | 2.4 | 0.0 | -0.4 |
Industrial production recovers in November
Latest reading: Industrial production—excluding energy—rose 0.1% in a calendar- and seasonally adjusted month-on-month terms in November, following a 6.0% drop in the previous month. Relative to the prior month's data, readings in November improved for manufacturing (-0.1% in a calendar- and seasonally adjusted month-on-month terms vs -6.5% in October) and mining (+7.7% vs -3.0% in October). In working day adjusted year-on-year terms, industrial production increased 4.4% in November, following 6.4% growth in the previous 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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Japan: Industrial production contracts less quickly in December Latest reading: Industrial production declined 0.1% in seasonally adjusted month-on-month terms in December, following a 2.7% fall in the prior... -
Serbia: Industrial production shrinks more quickly in December Latest reading: Industrial production was down 5.7% on a year-on-year basis in December, following a 3.4% fall in the previous... -
Croatia: Industrial production loses steam in December Latest reading: Industrial production was up 4.5% in working day adjusted year-on-year terms in December, following 8.7% growth in the... -
Lithuania: Industrial production accelerates in December Latest reading: Industrial production was up 3.6% in annual terms in November, following 2.1% growth in the prior month. Relative... -
Poland: Industrial production rebounds in December Latest reading: Industrial production was up 7.3% in annual terms in December, following a 1.1% fall in the previous month.... -
Italy: Industrial production returns to growth in November Latest reading: Industrial production was up 1.5% in seasonally adjusted month-on-month terms in November, following a 1.0% fall in the...