Sweden - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Sweden was 956,817,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 1,000,190,000,000 in 2007 and a minimum value of 449,421,000,000 in 1981.

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 constant local currency.

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

Year Value
1980 464,600,000,000
1981 449,421,000,000
1982 451,665,000,000
1983 468,224,000,000
1984 511,266,000,000
1985 525,963,000,000
1986 534,585,000,000
1987 547,104,000,000
1988 558,729,000,000
1989 562,453,000,000
1990 552,961,000,000
1991 537,796,000,000
1992 514,709,000,000
1993 496,817,000,000
1994 542,499,000,000
1995 595,393,000,000
1996 609,791,000,000
1997 639,048,000,000
1998 677,937,000,000
1999 721,683,000,000
2000 773,525,000,000
2001 781,593,000,000
2002 808,896,000,000
2003 824,282,000,000
2004 876,096,000,000
2005 897,361,000,000
2006 948,632,000,000
2007 1,000,190,000,000
2008 952,205,000,000
2009 811,916,000,000
2010 914,202,000,000
2011 954,299,000,000
2012 925,661,000,000
2013 892,746,000,000
2014 896,850,000,000
2015 944,038,000,000
2016 939,831,000,000
2017 980,729,000,000
2018 990,932,000,000
2019 993,060,000,000
2020 956,817,000,000

Base Period: varies by country

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