Sweden's economy expands by 1 pct in 2024, driven by strong exports


  • World
  • Saturday, 01 Mar 2025

HELSINKI, Feb. 28 (Xinhua) -- Sweden's gross domestic product (GDP) grew by 1 percent in 2024 compared with the previous year, supported by strong net exports and increased investment, Statistics Sweden reported on Friday.

In the fourth quarter of 2024, the Swedish economy expanded by 0.8 percent from the previous quarter in seasonally adjusted terms and by 2.4 percent year-on-year in calendar-adjusted terms, the statistical agency said in a press release.

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