Macro Index Overview / Europe & Central Asia / SWE
Sweden ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: SWE SE

Sweden

Fiscal year end: June 30; reporting period for national accounts data: CY.

Europe & Central Asia High income Blocs: OECD Stockholm

Global Rank (2023)

#24 / 205

Top 12% of global economies

Composite Score (2023)

77.4 / 100

Living Standard (2023)

$53,938

Subscore: 87.5 / 100

CPI Inflation (2023)

8.55%

Stability Score: 72.26 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 87.5

Raw: $53,938 (2015 USD)

Price Stability (25%) 72.26

Raw: 8.55% (Anchor: 3.0%)

External Solvency (25%) 70.74

Raw: 6.22% of GDP

Economic Scale (15%) 73.53

Raw: $579.0B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Productivity & Living Standards Driven

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Sweden's global competitive ranking by accentuating its comparative strengths.

Peak Rank #12 / 205
Default Rank #24
+12 Ranks
Living Standards 65%
Baseline: 35%
Price Stability 0%
Baseline: 25%
External Solvency 20%
Baseline: 25%
Economic Scale 15%
Baseline: 15%

Policy Insight & Strategic Advantage: Sweden dominates on per capita productivity and high output density per citizen.

Under this bespoke weighting, Sweden's composite score climbs to 82.1 (compared to 77.4 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Sweden's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Sweden (SWE)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #24 / 205 โ€ข Composite Score: 77.4 / 100 โ€ข Living Standard: $53,938 โ€ข Inflation: 8.55%
#1#50#100#150#20019601970198019902000201020202025#24
Hover or click any node along the curve to inspect that historical year in real time
Primary: Sweden Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
Sweden (SWE) Active#2477.4$53,9388.55%6.22%$579.0B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Sweden

Metric:
Selected Era: 2023 ยท Click any node to select
100755025066.619701970s58.419801980s64.719901990s78.020002000s81.020102010s80.420202020s77.42023Recent