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Macro - Country Economic Forecasts - Sweden

Publisher Oxford Economics
Published Sep 15, 2025
Length 8 Pages
SKU # OFE20418411

Description

We've kept our GDP growth forecasts for Sweden largely unchanged at 1.3% for 2025 and 2.3% for 2026. We think the long-awaited economic turnaround is underway, with growth expected to pick up in the coming quarters. Fiscal policy provides a tailwind for growth and there will be more support for households in the 2026 election year. After inflation surged this summer, we think the Riksbank will stay on hold in September and cut the policy rate by 25bps in November.

Table of Contents

8 Pages
Sweden: Growth in Q2 revised up, hinting at a gradual upturn
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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