Sweden - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Sweden was 1,052,290,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 1,106,050,000,000 in 2019 and a minimum value of 178,705,000,000 in 1980.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 178,705,000,000
1981 187,295,000,000
1982 202,753,000,000
1983 229,402,000,000
1984 267,677,000,000
1985 291,268,000,000
1986 313,898,000,000
1987 335,959,000,000
1988 364,469,000,000
1989 399,979,000,000
1990 420,567,000,000
1991 421,558,000,000
1992 405,168,000,000
1993 399,674,000,000
1994 443,667,000,000
1995 513,319,000,000
1996 513,000,000,000
1997 538,705,000,000
1998 568,269,000,000
1999 589,327,000,000
2000 635,103,000,000
2001 651,331,000,000
2002 665,560,000,000
2003 681,293,000,000
2004 709,506,000,000
2005 729,854,000,000
2006 788,365,000,000
2007 844,812,000,000
2008 835,432,000,000
2009 748,521,000,000
2010 848,823,000,000
2011 880,992,000,000
2012 861,032,000,000
2013 843,600,000,000
2014 869,861,000,000
2015 944,038,000,000
2016 958,647,000,000
2017 1,023,460,000,000
2018 1,062,350,000,000
2019 1,106,050,000,000
2020 1,052,290,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts