Sweden Forecast: Unemployment Rate

1980 - 2029 | Yearly | % | International Monetary Fund

Key information about Sweden Unemployment Rate Forecast

  • Sweden Unemployment Rate is forecasted to be 8.508 % in Dec 2024 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 7.667 % in Dec 2023
  • Looking ahead, Sweden Unemployment Rate is projected to stand at 7.250 % in Dec 2029
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View Sweden's Forecast: Unemployment Rate from 1980 to 2029 in the chart:

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Sweden Forecast: Unemployment Rate
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Sweden Forecast: Unemployment Rate

What is Sweden's Forecast: Unemployment Rate in 2029?

Sweden Unemployment Rate is forecasted to be 8.508 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
7.250 2029 7.450 2028 2.025 1989 11.150 1993 % yearly 1980 - 2029

Forecast: Unemployment Rate by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 10.700 2029 yearly 1980 - 2029
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 1.550 2029 yearly 2010 - 2029
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 7.000 2029 yearly 1980 - 2029
Armenia (%) 14.000 2029 yearly 2001 - 2029
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.524 2029 yearly 1980 - 2029
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 5.098 2029 yearly 2000 - 2029
Bahamas (%) 9.500 2029 yearly 1986 - 2029
Bahrain (%) 6.300 2023 yearly 2007 - 2023
Bangladesh (%) 0.000 yearly -
Barbados (%) 7.677 2029 yearly 1981 - 2029
Belarus (%) 2.898 2029 yearly 1993 - 2029
Belgium (%) 5.700 2029 yearly 1980 - 2029
Belize (%) 3.400 2029 yearly 1990 - 2029
Benin (%) 0.000 yearly -
Bhutan (%) 3.500 2023 yearly 2003 - 2023
Bolivia (%) 5.200 2029 yearly 2000 - 2029
Bosnia and Herzegovina (%) 13.200 2029 yearly 1995 - 2029
Botswana (%) 0.000 yearly -
Brazil (%) 7.482 2029 yearly 1991 - 2029
Brunei (%) 4.900 2029 yearly 2011 - 2029
Bulgaria (%) 4.000 2029 yearly 1989 - 2029
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 5.960 2029 yearly 1980 - 2029
Cape Verde (%) 8.500 2029 yearly 1980 - 2029
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.500 2029 yearly 1980 - 2029
China (%) 5.100 2029 yearly 2017 - 2029
Colombia (%) 9.400 2029 yearly 1980 - 2029
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 5.466 2029 yearly 1991 - 2029
Cyprus (%) 4.979 2029 yearly 1982 - 2029
Czech Republic (%) 2.300 2028 yearly 1995 - 2028
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2028 yearly 1980 - 2028
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 6.000 2029 yearly 1991 - 2029
Ecuador (%) 3.500 2029 yearly 1988 - 2029
Egypt (%) 5.502 2029 yearly 1990 - 2029
El Salvador (%) 5.216 2029 yearly 1988 - 2029
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 6.508 2029 yearly 1993 - 2029
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2029 yearly 1986 - 2029
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 14.500 2029 yearly 1996 - 2029
Germany (%) 2.963 2028 yearly 1980 - 2028
Ghana (%) 0.000 yearly -
Greece (%) 9.000 2028 yearly 1980 - 2028
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 8.000 2029 yearly 1980 - 2029
Hong Kong SAR, China (%) 2.669 2029 yearly 1980 - 2029
Hungary (%) 3.689 2029 yearly 1980 - 2029
Iceland (%) 4.000 2029 yearly 1980 - 2029
India (%) 0.000 yearly -
Indonesia (%) 5.100 2029 yearly 1984 - 2029
Iran (%) 9.000 2029 yearly 1990 - 2029
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 3.900 2029 yearly 1980 - 2029
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 4.400 2023 yearly 1980 - 2023
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 21.975 2023 yearly 1984 - 2023
Kazakhstan (%) 4.775 2029 yearly 1994 - 2029
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.000 2029 yearly 1980 - 2029
Kosovo (%) 10.875 2023 yearly 2012 - 2023
Kuwait (%) 2.200 2028 yearly 2002 - 2028
Kyrgyzstan (%) 9.014 2029 yearly 1994 - 2029
Laos (%) 0.000 yearly -
Latvia (%) 6.286 2029 yearly 1992 - 2029
Lebanon (%) 0.000 yearly -
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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Sweden Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.6 2023 yearly 1995 - 2023
Consolidated Fiscal Balance (USD mn) -3,650.675 2023 yearly 1995 - 2023
Tax Revenue (USD mn) 124,274.627 2023 yearly 1995 - 2023
Tax Revenue: % of GDP (%) 21.2 2023 yearly 1995 - 2023
National Government Debt (USD mn) 180,873.9 Mar 2024 quarterly Mar 1999 - Mar 2024
Government Debt: % of GDP (%) 32.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Forecast: Government Expenditure (SEK bn) 3,699.430 2029 yearly 1980 - 2029
Forecast: Government Net Debt (SEK bn) 2,513.410 2029 yearly 1993 - 2029
Forecast: Government Revenue (SEK bn) 3,726.754 2029 yearly 1980 - 2029
Central Govt Budget: Deficit or Surplus (SEK mn) 19,063.590 2023 yearly 1990 - 2023
Central Govt Budget: Expenditure (SEK mn) 1,223,847.620 2023 yearly 1995 - 2023
General Government: Net Lending/Borrowing (SEK mn) -38,719.000 2023 yearly 1995 - 2023
General Government Debt: Gross: ESA 2010 (EUR mn) 176,304.800 Jun 2024 quarterly Mar 1996 - Jun 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.800 2029 yearly 1981 - 2029
Trade Balance (USD mn) 564.4 Dec 2024 monthly Jan 1957 - Dec 2024
Total Exports (USD mn) 16,320.1 Jan 2025 monthly Jan 1975 - Jan 2025
Total Exports Growth (%) 7.8 Jan 2025 monthly Jan 1976 - Jan 2025
Aluminum: Exports (USD th) 1,448,322.594 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 7,918,560.482 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 5,417,201.606 2022 yearly 1995 - 2022
Total Imports (USD mn) 14,957.8 Jan 2025 monthly Jan 1975 - Jan 2025
Total Imports Growth (%) -3.8 Dec 2024 monthly Jan 1976 - Dec 2024
Imports: Medicament (USD th) 3,319,089.571 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 3,118,197.594 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 1,363.294 Dec 2024 monthly Sep 1960 - Dec 2024
Total Imports from USA (USD mn) 419.666 Dec 2024 monthly Sep 1964 - Dec 2024
Total Exports to China (USD mn) 498.191 Dec 2024 monthly Dec 1977 - Dec 2024
Total Imports from China (USD mn) 846.060 Dec 2024 monthly Jan 1998 - Dec 2024
Imports (SEK mn) 165,800.000 Jan 2025 monthly Jan 1975 - Jan 2025
Exports (SEK mn) 180,900.000 Jan 2025 monthly Jan 1975 - Jan 2025
Exports: Growth Rate: MoM (%) -12.300 Dec 2024 monthly Feb 2015 - Dec 2024
Imports: Growth Rate: YoY (%) -1.500 Dec 2024 monthly Jan 2016 - Dec 2024
Imports: Growth Rate: MoM (%) -10.800 Dec 2024 monthly Feb 2015 - Dec 2024
Exports: Growth Rate: YoY (%) 1.200 Dec 2024 monthly Jan 2016 - Dec 2024
Exports: 1-Digit: Machinery and Transport Equipment (SEK th) 62,765,268.000 Dec 2024 monthly Jan 1998 - Dec 2024
Exports: 1-Digit: Miscellaneous Manufactured Articles (SEK th) 15,994,085.000 Dec 2024 monthly Jan 1998 - Dec 2024
Exports: 1-Digit: Manufactured Goods (SEK th) 25,884,660.000 Dec 2024 monthly Jan 1998 - Dec 2024
Exports: 1-Digit: Chemicals and Related Products (SEK th) 20,522,816.000 Dec 2024 monthly Jan 1998 - Dec 2024
Exports: 1-Digit: Mineral Fuel and Lubricants (SEK th) 12,105,399.000 Dec 2024 monthly Jan 1998 - Dec 2024
Exports: USA (SEK th) 14,975,785.000 Dec 2024 monthly Jan 1998 - Dec 2024
Exports: Denmark (SEK th) 11,862,910.000 Dec 2024 monthly Jan 1998 - Dec 2024
Exports: Germany (SEK th) 15,340,965.000 Dec 2024 monthly Jan 1998 - Dec 2024
Exports: United Kingdom (SEK th) 9,127,038.000 Dec 2024 monthly Jan 1998 - Dec 2024
Imports: 1-Digit: Machinery and Transport Equipment (SEK th) 61,775,309.000 Dec 2024 monthly Jan 1998 - Dec 2024
Imports: 1-Digit: Crude Material and Inedible excl Fuel (SEK th) 4,936,572.000 Dec 2024 monthly Jan 1998 - Dec 2024
Imports: 1-Digit: Miscellaneous Manufactured Articles (SEK th) 19,415,610.000 Dec 2024 monthly Jan 1998 - Dec 2024
Imports: 1-Digit: Manufactured Goods (SEK th) 17,742,149.000 Dec 2024 monthly Jan 1998 - Dec 2024
Imports: 1-Digit: Mineral Fuel and Lubricants (SEK th) 15,169,767.000 Dec 2024 monthly Jan 1998 - Dec 2024
Imports: Germany (SEK th) 27,231,004.000 Dec 2024 monthly Jan 1998 - Dec 2024
Imports: United Kingdom (SEK th) 5,142,325.000 Nov 2024 monthly Jan 1998 - Nov 2024
Imports: Denmark (SEK th) 11,285,949.000 Dec 2024 monthly Jan 1998 - Dec 2024
Import Value Index (2015=100) 135.045 2021 yearly 1995 - 2021
Export Value Index (2015=100) 135.502 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 6,094.5 Sep 2024 quarterly Mar 1982 - Sep 2024
Current Account Balance (USD mn) 9,050.5 Sep 2024 quarterly Mar 1975 - Sep 2024
Current Account Balance: % of GDP (%) 6.1 Sep 2024 quarterly Mar 1980 - Sep 2024
Foreign Direct Investment (USD mn) 5,297.9 Sep 2024 quarterly Mar 1975 - Sep 2024
Foreign Direct Investment: % of GDP (%) 1.1 Mar 2023 quarterly Mar 1982 - Mar 2023
Foreign Portfolio Investment (USD mn) 13,916.526 Sep 2024 quarterly Mar 1982 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 9.4 Sep 2024 quarterly Mar 1982 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 2,572.2 Sep 2024 quarterly Mar 1982 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 11,353.966 Sep 2024 quarterly Mar 1982 - Sep 2024
External Debt (USD mn) 1,118,518.7 Sep 2024 quarterly Mar 1999 - Sep 2024
External Debt: % of GDP (%) 169.1 2023 yearly 1997 - 2023
External Debt: Short Term (USD mn) 400,593.5 Sep 2024 quarterly Mar 1999 - Sep 2024
External Debt: Short Term: % of GDP (%) 56.5 2023 yearly 1997 - 2023
Total Debt: % of GDP (%) 774.3 Sep 2024 quarterly Mar 1996 - Sep 2024
Forecast: Current Account Balance (USD bn) 32.109 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 330,020.606 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Capital Account (SEK bn) -0.500 Sep 2024 quarterly Mar 1982 - Sep 2024
BoP: Net Errors and Omissions (SEK bn) 54.400 Sep 2024 quarterly Mar 1982 - Sep 2024
Balance of Payments (BoP): Current Account: Net (SEK bn) 39.600 Dec 2018 quarterly Mar 1982 - Dec 2018
BoP: Current Account: Net: Goods and Services: Goods (SEK bn) 16.400 Dec 2018 quarterly Mar 1982 - Dec 2018
BoP: Current Account: Net: Goods and Services: Services (SEK bn) 23.200 Dec 2018 quarterly Mar 1982 - Dec 2018
BoP: Current Account: Net: Primary Income (SEK bn) 24.600 Dec 2018 quarterly Mar 1982 - Dec 2018
BoP: Financial Account: Net: Direct Investment (SEK bn) 69.200 Dec 2018 quarterly Mar 1982 - Dec 2018
BoP: Financial Account: Net: Financial Derivatives (SEK bn) 11.300 Dec 2018 quarterly Mar 1982 - Dec 2018
BoP: Financial Account: Net: Others (SEK bn) -99.300 Dec 2018 quarterly Mar 1982 - Dec 2018
BoP: Financial Account: Net: Reserve Assets (SEK bn) -9.500 Dec 2018 quarterly Mar 1982 - Dec 2018
BoP: Current Account: Net: Secondary Income (SEK bn) -24.700 Dec 2018 quarterly Mar 1982 - Dec 2018
BoP: Financial Account: Net: Portfolio Investment (SEK bn) 136.400 Dec 2018 quarterly Mar 1982 - Dec 2018
Gross External Debt (SEK bn) 11,344.800 Sep 2024 quarterly Dec 1997 - Sep 2024
Gross External Debt: MFI: Long Term (SEK bn) 2,513.500 Dec 2018 quarterly Dec 1997 - Dec 2018
Gross External Debt: MFI: Short Term (SEK bn) 2,460.900 Dec 2018 quarterly Dec 1997 - Dec 2018
Gross External Debt: Central Bank: Long Term (SEK bn) 27.800 Dec 2018 quarterly Dec 1997 - Dec 2018
Gross External Debt: Central Bank: Short Term (SEK bn) 2.300 Dec 2018 quarterly Dec 1997 - Dec 2018
Gross External Debt: General Government: Long Term (SEK bn) 585.400 Dec 2018 quarterly Dec 1997 - Dec 2018
Gross External Debt: General Government: Short Term (SEK bn) 17.800 Dec 2018 quarterly Dec 1997 - Dec 2018
Foreign Direct Investment: Net (SEK mn) 55,225.000 Sep 2024 quarterly Mar 1998 - Sep 2024
Foreign Direct Investment: Net: Netherlands (SEK mn) 15,097.000 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Direct Investment: Net: Belgium (SEK mn) 1,051.000 Jun 2024 quarterly Jun 2013 - Jun 2024
Foreign Direct Investment: Net: United Kingdom of Great Britain (SEK mn) 12,552.000 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Direct Investment: Net: Finland (SEK mn) 8,291.000 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Direct Investment: Net: SNI 2007: Financial & Insurance Activities (FA) (SEK mn) 55,066.000 2023 yearly 2008 - 2023
Foreign Direct Investment: Net: SNI 2007: Manufacturing (Mfg) (SEK mn) 137,666.000 2023 yearly 2008 - 2023
Foreign Direct Investment: Net: SNI 2007: Wholesale & Retail Trade, Repairs of M... (SEK mn) 60,668.000 2023 yearly 2008 - 2023
Direct Investment Abroad: Net (SEK mn) 63,459.000 Sep 2024 quarterly Mar 1998 - Sep 2024
Direct Investment Abroad: Net: United Kingdom of Great Britain (SEK mn) 1,627.000 Sep 2024 quarterly Mar 2013 - Sep 2024
Direct Investment Abroad: Net: Finland (SEK mn) 9,243.000 Sep 2024 quarterly Mar 2013 - Sep 2024
Direct Investment Abroad: Net: Netherlands (SEK mn) 7,136.000 Sep 2024 quarterly Mar 2013 - Sep 2024
Direct Investment Abroad: Net: United States of America (SEK mn) 4,640.000 Sep 2024 quarterly Mar 2013 - Sep 2024
Direct Investment Abroad: Net: SNI 2007: Manufacturing (Mfg) (SEK mn) 231,659.000 2023 yearly 2008 - 2023
Direct Investment Abroad: Net: SNI 2007: Wholesale & Retail Trade, Repairs of Mo... (SEK mn) 87,304.000 2023 yearly 2008 - 2023
Direct Investment Abroad: Net: SNI 2007: Financial & Insurance Activities (FA) (SEK mn) 104,097.000 2023 yearly 2008 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 Jun 2024 quarterly Mar 2012 - Jun 2024
Household Debt: % of GDP (%) 86.2 Sep 2024 quarterly Mar 1996 - Sep 2024
Money Supply M1 (USD mn) 364,551.339 Jan 2025 monthly Jan 1998 - Jan 2025
Money Supply M2 (USD mn) 444,808.235 Jan 2025 monthly Jan 1998 - Jan 2025
M2 Growth (%) 2.3 Jan 2025 monthly Jan 1999 - Jan 2025
Foreign Exchange Reserves (USD mn) 42,210.0 Dec 2024 monthly Mar 2000 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 7.243 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 3.0 Jan 2025 monthly Mar 2000 - Jan 2025
Gold Reserves (USD mn) 10,611.000 Dec 2024 monthly Mar 2000 - Dec 2024
Total Deposits (USD mn) 901,990.324 Dec 2024 monthly Dec 1975 - Dec 2024
Total Deposits Growth (%) 3.5 Jan 2025 monthly Dec 1976 - Jan 2025
Domestic Credit (USD mn) 943,287.0 Nov 2024 monthly Dec 2001 - Nov 2024
Domestic Credit Growth (%) -3.5 Nov 2024 monthly Dec 2002 - Nov 2024
Debt Service Ratio: Households (%) 13.100 Dec 2023 quarterly Mar 1999 - Dec 2023
Debt Service Ratio: Private Non-Financial Sector (%) 24.500 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 498.044 Jun 2024 quarterly Dec 1980 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 1,471.243 Jun 2024 quarterly Mar 1961 - Jun 2024
Household Debt (USD mn) 542,117.3 Sep 2024 quarterly Mar 1996 - Sep 2024
Total Loans (USD mn) 1,304,677.430 Jan 2025 monthly Dec 1975 - Jan 2025
Total Loans Growth (%) 4.46 Jan 2025 monthly Dec 1976 - Jan 2025
Private Debt: % of Nominal GDP (%) 123.16 Dec 2024 quarterly Dec 1991 - Dec 2024
Money Supply: M3 (SEK mn) 4,957,680.599 Jan 2025 monthly Jan 1998 - Jan 2025
Money Supply: M0 (SEK mn) 55,553.219 Jan 2025 monthly Jan 1998 - Jan 2025
Official Reserve Assets (USD mn) 63,286.000 Dec 2024 monthly Mar 2000 - Dec 2024
Official Reserve Assets: Foreign Currency Reserves (FC) (USD mn) 41,561.000 Dec 2024 monthly Mar 2000 - Dec 2024
Banks Deposits (SEK mn) 8,353,015.838 Jan 2025 monthly Dec 1975 - Jan 2025
Banks Loans (SEK mn) 8,759,162.158 Jan 2025 monthly Dec 1975 - Jan 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 11.4 Jan 2025 monthly Jan 2002 - Jan 2025
Purchasing Manager Index: sa (NA) 53.800 Nov 2024 monthly Jan 2001 - Nov 2024
Economic Tendency Indicator: sa (NA) 97.100 Feb 2025 monthly Jul 1996 - Feb 2025
Economic Tendency Survey: SNI 2007: CI: sa: Construction (% Point) 86.400 Feb 2025 monthly May 2010 - Feb 2025
Economic Tendency Survey: SNI 2007: CI: sa: Retail Trade (% Point) 110.800 Feb 2025 monthly Jul 1996 - Feb 2025
Economic Tendency Survey: SNI 2007: CI: sa: Private Service Sector (PS) (% Point) 100.100 Feb 2025 monthly Jan 1996 - Feb 2025
Economic Tendency Survey: SNI 2007: CI: sa: Manufacturing (Mfg) (% Point) 95.600 Feb 2025 monthly Feb 1996 - Feb 2025
Economic Tendency Survey: SNI 2007: Confidence Indicator (CI): sa: Total Industr... (% Point) 101.600 Feb 2025 monthly Jul 1996 - Feb 2025
SE: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 10.000 2019 yearly 2019 - 2019

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