STOCKHOLM: Sweden’s gross domestic product increased by 1.6percent in the second quarter of 2026 from the previous three month period, final figures from the Statistics Office showed on Friday.
Against the same quarter a year earlier, GDP expanded by 3.3percent. Economists polled by Reuters had expected growth of 1.4percent on the quarter and 2.5percent against the same period in 2026.
“The second quarter saw a broad-based increase in GDP with significant contributions from gross fixed capital formation, exports and household consumption expenditure,” the statistics office said in a statement.
Household consumption was up 0.9percent compared to the previous quarter and gross fixed capital formation was up 3.5percent. Household real disposable incomes were up 1.0percent on the year. There was also positive news from the government - which is lagging in polls ahead of a September 13 general election - from confidence indicators.
A separate survey by the NIER think tank showed consumer confidence rose for the fourth month in a row and is back at normal levels for the first time since November 2024.