Forecasted impact of COVID-19 on the economy in Sweden 2019-2021

Published by
Einar H. Dyvik,
Aug 6, 2024
Due to the COVID-19 outbreak, the Swedish economy was forecast to have a slower development than previously expected. GDP was expected to increase by 0.5 percent in 2020 and by 1.4 percent in 2021. The COVID-19 outbreak has the highest impact on durable goods in Sweden. HUI Research revised their forecast growth from 3.2 percent in 2019 to 1.5 percent in 2020.

The first case of COVID-19 in Sweden was confirmed on January 31, 2020. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Economic growth forecast after COVID-19 outbreak in Sweden in 2020 and 2021 (compared to 2019)

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Release date

March 2020

Region

Sweden

Survey time period

2019 to 2021

Special properties

GDP and household consumption at fixed prices; Retail trade, FMCG, and durable goods at current prices

Supplementary notes

* No forecast figure before COVID-19 outbreak available.

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Economic impact

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Unemployment

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Consumption and media

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