Research Briefing | Sep 17, 2021

Sweden | The Swedish economy is undergoing a broad-based recovery

Ipad Frame-Sweden-The-Swedish-economy-is-undergoing-a-broad-based-recovery

Growth was confirmed at 0.9% in Q2, driven by domestic demand while net exports were a drag. The monthly GDP series points to positive momentum between May-July, which should translate into a strong performance in Q3.

What you will learn:

  • Our 2021 and 2022 GDP growth forecasts are unchanged at 4.2% and 3.0% respectively.
  • Main downside risk posed by the spread of the highly infectious Delta variant and persistent supply-chain bottlenecks in industry.
  • Mobility indicators have recently flatlined, although retail and recreation is above pre-pandemic levels.

Tags: CoronavirusCovid19Economic recoveryEuropeGDPNordicRecoverySweden
Back to Resource Hub

Related Services

Takaichi’s big win doesn’t affect the fiscal outlook for Japan

Takaichi’s big win doesn’t affect the fiscal outlook for Japan

The ruling Liberal Democratic Party's (LDP) landslide election victory on Sunday doesn't change our expectation of a primary fiscal deficit of 2%-3% of GDP in FY2026-FY2028 – we still see the deficit only starting to decline from FY2029. We also keep our view that the 10-year Japanese government bond (JGB) yield will be at 2.3% at end-2026 and 2.5% at end-2027 and beyond.
US and Chinese strength won’t boost all other economies

US and Chinese strength won’t boost all other economies

Upward revisions to US and Chinese GDP growth in Q4 meant that the previously anticipated soft end to 2025 failed to materialise.