Statistical Database
National accounts, GDP (ESA2010), change in volume. Quarter 1993K1 - 2020K2
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Footnotes

observations: Change in volume corresponding quarter previous year, percent , quarter: 2020K2
Sweden’s GDP decreased 8.3 percent in second quarter of 2020

Sweden’s GDP decreased by 8.3 percent in the second quarter of 2020, seasonally adjusted, compared with the first quarter of 2020. GDP decreased by 7.7 percent, working-day adjusted and compared to the second quarter of 2019.

Household consumption expenditures decreased by 7.7 percent and government consumption expenditures decreased by 2.4, seasonally adjusted and compared with the previous quarter. Changes in inventories had positive contribution to GDP growth by 0.1 percent in the second quarter. Gross fixed capital formation decreased by 4.5 percent. Exports decreased by 18.2 percent and imports reduced by 12.9 percent. Market production of goods and services reduced by 9.8 percent, seasonally adjusted. The production of goods decreased by 14.4 percent and service-producing industries reduced by 7.4 percent. Employment measured as the total number of hours worked decreased by 7.2 percent, seasonally adjusted. Total number of persons employed decreased even by 1.4 percent compared to the previous quarter.
Contact and information

Information

Official statistics
Yes
Latest update
2020-08-28
Contact
NR Info, Statistics Sweden
+46 010-479 50 00
nrinfo@scb.se

(SCB) Statistikservice, Statistics Sweden
+46 010-479 50 00
information@scb.se

Unit
Change in volume corresponding quarter previous year, percent:
percent
Seasonally adjusted, change in volume, previous quarter, percent:
percent
Reference time
Change in volume corresponding quarter previous year, percent:
Quarter
Seasonally adjusted, change in volume, previous quarter, percent:
Quarter
Data type
Change in volume corresponding quarter previous year, percent:
Flow
Seasonally adjusted, change in volume, previous quarter, percent:
Flow
Day adjusted
Change in volume corresponding quarter previous year, percent:
Yes
Seasonally adjusted, change in volume, previous quarter, percent:
No
Seasonally adjusted
Change in volume corresponding quarter previous year, percent:
No
Seasonally adjusted, change in volume, previous quarter, percent:
Yes
Creation date
2020-10-20
Responsible authority
Statistics Sweden
Matrix
NR0103A!