Sweden: Exports of goods and services (% of GDP)
In , Sweden's Exports of goods and services (% of GDP) was 54.31.
That's down 1.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 44.26 . Sweden ranks #42 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #21 of 49.
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 55.20
- Trough
- 42.74
- 1-year change
- -1.6%
- 5-year change
- +12.5%
- +2.4% / yr
- 10-year change
- +25.0%
- +2.3% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 54.3096 | |
| 55.1959 | |
| 54.3121 | |
| 47.4842 | |
| 44.2874 | |
| 48.2887 | |
| 45.9409 | |
| 43.9177 | |
| 42.9375 | |
| 43.7115 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Sweden's Exports of goods and services (% of GDP) in 2024?
- In 2024, Sweden's Exports of goods and services (% of GDP) was 54.31, according to World Bank Open Data.
- Is Sweden's Exports of goods and services (% of GDP) rising or falling?
- Sweden's Exports of goods and services (% of GDP) fell 1.6% from 2023 to 2024.
- How does Sweden rank globally on Exports of goods and services (% of GDP)?
- In 2024, Sweden ranked #42 out of 160 countries reporting Exports of goods and services (% of GDP).
- How does Sweden's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Sweden is above the world average. Within Europe & Central Asia, it ranks #21 of 49.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.