Sweden: Productivity, relative to the U.S.

For that indicator, we provide data for Sweden from 1970 to 2022. The average value for Sweden during that period was 98.99 index points with a minimum of 91.93 index points in 1971 and a maximum of 102.57 index points in 2019. The latest value from 2022 is 101.64 index points. For comparison, the world average in 2022 based on 29 countries is 81.15 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: The index sets the level of GDP per hour worked in the U.S. to 100 and uses it as basis to compare other countries. Countries with an index greater (smaller) than 100 have greater (lower) labor productivity than the U.S. The GDP used in the calculation is adjusted for Purchasing Power Parity to account for price differences across countries.