Sweden Labour Productivity Growth
Key information about Sweden Labour Productivity Growth
- Sweden Labour Productivity improved by 1.51 % YoY in Jun 2024, compared with a growth of 0.82 % in the previous quarter
- Sweden Labour Productivity Growth data is updated quarterly, available from Mar 1994 to Jun 2024, averaging at 1.37 %
- The data reached an all-time high of 10.70 % in Jun 2021 and a record low of -5.73 % in Dec 2008
CEIC calculates Labour Productivity Growth from quarterly Real GDP and monthly Employment. Statistics Sweden provides Real GDP in local currency, at chain linked 2023 prices and Employment. Labour Productivity Growth prior to Q1 2002 is calculated from Employment sourced from Eurostat.
Further information about Sweden Labour Productivity Growth
- In the latest reports, Sweden Population reached 10.38 Person mn in Dec 2020
- Its Unemployment Rate dropped to 7.19 % in May 2023
- Monthly Earnings of Sweden stood at 4,548.79 USD in May 2024
- The country's Labour Force Participation Rate increased to 79.00 % in Jun 2024
View Sweden's Labour Productivity Growth from Mar 1994 to Jun 2024 in the chart:
What was Sweden's Labour Productivity Growth in Jun 2024?
Sweden Labour Productivity improved by 1.51 % YoY in Jun 2024, compared with a growth of 0.82 % in the previous quarter See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
1.51 Jun 2024 | 0.82 Mar 2024 | -5.73 Dec 2008 | 10.70 Jun 2021 | % | quarterly | Mar 1994 - Jun 2024 |
Labour Productivity Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 1.59 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
Algeria (%) | 0.71 2023 | yearly | 1992 - 2023 |
Argentina (%) | -4.29 2023 | yearly | 1992 - 2023 |
Armenia (%) | 8.23 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Australia (%) | -1.38 Jun 2024 | quarterly | Jun 1979 - Jun 2024 |
Austria (%) | -0.77 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Azerbaijan (%) | 3.27 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Bahrain (%) | -4.05 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
Bangladesh (%) | 4.20 2023 | yearly | 1992 - 2023 |
Belarus (%) | 5.31 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Belgium (%) | -0.06 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Bolivia (%) | 0.41 2023 | yearly | 2000 - 2023 |
Bosnia and Herzegovina (%) | -0.81 2023 | yearly | 2007 - 2023 |
Botswana (%) | 7.29 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
Brazil (%) | 1.52 2023 | yearly | 1992 - 2023 |
Brunei (%) | -1.49 2023 | yearly | 1992 - 2023 |
Bulgaria (%) | 0.56 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Cambodia (%) | 1.04 2021 | yearly | 2008 - 2021 |
Canada (%) | -1.26 Jun 2024 | quarterly | Mar 1977 - Jun 2024 |
Chile (%) | -1.69 Jun 2024 | quarterly | Mar 1987 - Jun 2024 |
China (%) | 4.27 2023 | yearly | 1953 - 2023 |
Colombia (%) | -0.32 Mar 2024 | quarterly | Mar 2002 - Mar 2024 |
Croatia (%) | -1.92 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Cyprus (%) | 2.58 Jun 2024 | quarterly | Jun 2005 - Jun 2024 |
Czech Republic (%) | -1.09 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
Denmark (%) | 3.38 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Ecuador (%) | 0.24 2022 | yearly | 1992 - 2022 |
Egypt (%) | 0.46 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Estonia (%) | -4.05 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
European Union (%) | -0.08 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Finland (%) | 0.50 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
France (%) | -0.13 2023 | yearly | 1979 - 2023 |
Georgia (%) | 3.38 2023 | yearly | 1997 - 2023 |
Germany (%) | -0.01 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
Ghana (%) | 0.65 2023 | yearly | 1992 - 2023 |
Greece (%) | 1.73 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Hong Kong SAR, China (%) | 3.01 Jun 2024 | quarterly | Dec 1982 - Jun 2024 |
Hungary (%) | 1.27 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Iceland (%) | -4.90 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
India (%) | 2.38 2022 | yearly | 1992 - 2022 |
Indonesia (%) | 1.63 2023 | yearly | 2001 - 2023 |
Iran (%) | 3.00 2023 | yearly | 1992 - 2023 |
Ireland (%) | -6.54 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Israel (%) | -2.99 Jun 2024 | quarterly | Mar 2013 - Jun 2024 |
Italy (%) | -0.20 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
Ivory Coast (%) | 3.12 2023 | yearly | 1992 - 2023 |
Japan (%) | -1.32 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
Kazakhstan (%) | 3.91 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Kenya (%) | 2.70 2022 | yearly | 2011 - 2022 |
South Korea (%) | 0.98 Sep 2024 | quarterly | Sep 1983 - Sep 2024 |
Kosovo (%) | -6.22 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
Kuwait (%) | 1.60 2018 | yearly | 1992 - 2018 |
Kyrgyzstan (%) | 3.15 2023 | yearly | 1993 - 2023 |
Laos (%) | 1.51 2023 | yearly | 1992 - 2023 |
Latvia (%) | 0.11 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
Lebanon (%) | 2.12 2023 | yearly | 1992 - 2023 |
Lithuania (%) | -0.17 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Luxembourg (%) | -0.56 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Macau SAR, China (%) | 2.61 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
North Macedonia (%) | 1.97 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Malawi (%) | -2.12 2023 | yearly | 1992 - 2023 |
Malaysia (%) | 3.06 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Malta (%) | -1.72 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
Mauritius (%) | 33.41 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
Mexico (%) | 0.70 Jun 2024 | quarterly | Jun 1996 - Jun 2024 |
Moldova (%) | 6.48 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Mongolia (%) | -1.37 Jun 2024 | quarterly | Sep 2007 - Jun 2024 |
Montenegro (%) | 1.43 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Morocco (%) | 71.03 2022 | yearly | 2000 - 2022 |
Mozambique (%) | 1.44 2023 | yearly | 1992 - 2023 |
Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
Nepal (%) | -0.24 2023 | yearly | 1992 - 2023 |
Netherlands (%) | -0.36 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
New Zealand (%) | -0.18 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
Norway (%) | 3.63 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Oman (%) | -4.24 2023 | yearly | 1999 - 2023 |
Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
Palestinian Territory (%) | 1.78 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
Panama (%) | 4.33 2023 | yearly | 1992 - 2023 |
Paraguay (%) | 6.19 Jun 2024 | quarterly | Mar 2018 - Jun 2024 |
Peru (%) | -1.00 2022 | yearly | 2002 - 2022 |
Philippines (%) | 1.98 2023 | yearly | 1992 - 2023 |
Poland (%) | 4.90 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
Portugal (%) | 0.41 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Qatar (%) | -1.09 2023 | yearly | 2012 - 2023 |
Romania (%) | -2.74 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
Serbia (%) | 3.25 Mar 2024 | quarterly | Mar 2015 - Mar 2024 |
Singapore (%) | 1.50 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
Slovakia (%) | 1.62 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Slovenia (%) | 0.41 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
South Africa (%) | -1.50 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Spain (%) | 1.45 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Sri Lanka (%) | 5.03 Jun 2024 | quarterly | Jun 2013 - Jun 2024 |
Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
Sweden (%) | 1.51 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Switzerland (%) | 1.46 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
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Learn more about what we doSweden 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 (%) | 30.2 Mar 2024 | quarterly | Mar 1996 - Mar 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) | 78.2 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Total Exports (USD mn) | 16,521.7 Sep 2024 | monthly | Jan 1975 - Sep 2024 |
Total Exports Growth (%) | -8.7 Sep 2024 | monthly | Jan 1976 - Sep 2024 |
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) | 16,443.4 Sep 2024 | monthly | Jan 1975 - Sep 2024 |
Total Imports Growth (%) | -8.0 Sep 2024 | monthly | Jan 1976 - Sep 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) | 1,182.157 Aug 2024 | monthly | Sep 1960 - Aug 2024 |
Total Imports from USA (USD mn) | 583.692 Aug 2024 | monthly | Sep 1964 - Aug 2024 |
Total Exports to China (USD mn) | 419.617 Aug 2024 | monthly | Dec 1977 - Aug 2024 |
Total Imports from China (USD mn) | 898.427 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Exports (SEK mn) | 169,000.000 Sep 2024 | monthly | Jan 1975 - Sep 2024 |
Imports (SEK mn) | 168,200.000 Sep 2024 | monthly | Jan 1975 - Sep 2024 |
Exports: Growth Rate: MoM (%) | -3.500 Aug 2024 | monthly | Feb 2015 - Aug 2024 |
Imports: Growth Rate: YoY (%) | -5.500 Aug 2024 | monthly | Jan 2016 - Aug 2024 |
Exports: Growth Rate: YoY (%) | -4.600 Aug 2024 | monthly | Jan 2016 - Aug 2024 |
Imports: Growth Rate: MoM (%) | 5.000 Aug 2024 | monthly | Feb 2015 - Aug 2024 |
Exports: 1-Digit: Machinery and Transport Equipment (SEK th) | 58,920,633.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Exports: 1-Digit: Mineral Fuel and Lubricants (SEK th) | 11,138,877.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Exports: 1-Digit: Miscellaneous Manufactured Articles (SEK th) | 13,976,864.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Exports: 1-Digit: Manufactured Goods (SEK th) | 24,986,045.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Exports: 1-Digit: Chemicals and Related Products (SEK th) | 19,239,967.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Exports: USA (SEK th) | 12,282,847.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Exports: Denmark (SEK th) | 10,719,669.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Exports: Germany (SEK th) | 15,161,404.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Exports: United Kingdom (SEK th) | 8,072,530.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Imports: 1-Digit: Miscellaneous Manufactured Articles (SEK th) | 20,023,636.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Imports: 1-Digit: Manufactured Goods (SEK th) | 20,735,049.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Imports: 1-Digit: Mineral Fuel and Lubricants (SEK th) | 16,833,186.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Imports: 1-Digit: Crude Material and Inedible excl Fuel (SEK th) | 5,613,925.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Imports: 1-Digit: Machinery and Transport Equipment (SEK th) | 53,419,783.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Imports: United Kingdom (SEK th) | 4,405,574.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Imports: Denmark (SEK th) | 11,036,036.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Imports: Germany (SEK th) | 25,127,795.000 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Export Value Index (2015=100) | 135.502 2021 | yearly | 1995 - 2021 |
Import Value Index (2015=100) | 135.045 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 0.4 Jun 2024 | quarterly | Mar 2012 - Jun 2024 |
Household Debt: % of GDP (%) | 86.7 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Money Supply M1 (USD mn) | 383,837.656 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
Money Supply M2 (USD mn) | 475,430.563 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
M2 Growth (%) | 1.6 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
Foreign Exchange Reserves (USD mn) | 43,834.0 Sep 2024 | monthly | Mar 2000 - Sep 2024 |
Foreign Exchange Reserves: % of GDP (%) | 7.126 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 2.7 Sep 2024 | monthly | Mar 2000 - Sep 2024 |
Gold Reserves (USD mn) | 10,111.000 Aug 2024 | monthly | Mar 2000 - Aug 2024 |
Total Deposits (USD mn) | 1,042,030.762 Sep 2024 | monthly | Dec 1975 - Sep 2024 |
Total Deposits Growth (%) | 1.4 Sep 2024 | monthly | Dec 1976 - Sep 2024 |
Domestic Credit (USD mn) | 963,471.5 Jul 2024 | monthly | Dec 2001 - Jul 2024 |
Domestic Credit Growth (%) | -5.8 Jul 2024 | monthly | Dec 2002 - Jul 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) | 522.971 Dec 2023 | quarterly | Dec 1980 - Dec 2023 |
Credit to Private Non-Financial Sector (USD bn) | 1,490.223 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
Household Debt (USD mn) | 517,755.6 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Total Loans (USD mn) | 1,416,765.489 Sep 2024 | monthly | Dec 1975 - Sep 2024 |
Total Loans Growth (%) | 3.38 Sep 2024 | monthly | Dec 1976 - Sep 2024 |
Private Debt: % of Nominal GDP (%) | 125.04 Jun 2024 | quarterly | Dec 1991 - Jun 2024 |
Money Supply: M3 (SEK mn) | 4,860,475.300 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
Money Supply: M0 (SEK mn) | 56,737.592 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
Official Reserve Assets (USD mn) | 65,421.000 Sep 2024 | monthly | Mar 2000 - Sep 2024 |
Official Reserve Assets: Foreign Currency Reserves (FC) (USD mn) | 43,189.000 Sep 2024 | monthly | Mar 2000 - Sep 2024 |
Banks Deposits (SEK mn) | 8,102,243.478 Sep 2024 | monthly | Dec 1975 - Sep 2024 |
Banks Loans (SEK mn) | 8,764,859.487 Sep 2024 | monthly | Dec 1975 - Sep 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | 13.6 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
Purchasing Manager Index: sa (NA) | 53.100 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
Economic Tendency Indicator: sa (NA) | 93.600 Oct 2024 | monthly | Jul 1996 - Oct 2024 |
Economic Tendency Survey: SNI 2007: CI: sa: Retail Trade (% Point) | 105.600 Oct 2024 | monthly | Jul 1996 - Oct 2024 |
Economic Tendency Survey: SNI 2007: Confidence Indicator (CI): sa: Total Industr... (% Point) | 95.000 Oct 2024 | monthly | Jul 1996 - Oct 2024 |
Economic Tendency Survey: SNI 2007: CI: sa: Manufacturing (Mfg) (% Point) | 91.800 Oct 2024 | monthly | Feb 1996 - Oct 2024 |
Economic Tendency Survey: SNI 2007: CI: sa: Construction (% Point) | 85.300 Oct 2024 | monthly | May 2010 - Oct 2024 |
Economic Tendency Survey: SNI 2007: CI: sa: Private Service Sector (PS) (% Point) | 93.900 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
SE: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) | 10.000 2019 | yearly | 2019 - 2019 |
More Indicators for Sweden
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