Latest reading: Industrial production increased 3.8% on a year-on-year basis in March, following a 3.8% decline in the previous month....
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 | -0.4 | 5.6 |
Industrial production shrinks in March
Latest reading: Industrial production—excluding energy—declined 1.5% in calendar- and seasonally adjusted month-on-month terms in March, following a 4.6% rise in the prior month. Relative to the previous month's figures, readings in March softened for manufacturing (-1.3% on a calendar- and seasonally adjusted month-on-month basis vs +4.7% in February) and mining (-10.4% vs +1.6% in February). On a working-day adjusted year-on-year basis, industrial production was up 3.5% in March, following a 6.6% increase in the previous month.
Consensus Forecasts and Projections for the next ten years
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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