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Macro - Country Economic Forecasts - Sweden

Publisher Oxford Economics
Published Jul 16, 2025
Length 8 Pages
SKU # OFE20204946

Description

We kept our GDP growth forecast unchanged for this year, at 1.4%, and next, at 2.2%. The main driver this year will be net exports, after a strong start to the year, with domestic demand supporting next year's growth. Fiscal and monetary policies will provide a tailwind for growth, with a fiscal loosening in 2025 and 2026 and the Riksbank likely to cut the policy rate once more this year, amid a shifting balance of risks around growth and inflation.

Table of Contents

8 Pages
Sweden: The economy remained subdued in Q2
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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