Sweden: Productivity, relative to the U.S.

The latest value from 2022 is 104.52 index points, an increase from 103.93 index points in 2021. In comparison, the world average is 81.93 index points, based on data from 37 countries. Historically, the average for Sweden from 1970 to 2022 is 99.03 index points. The minimum value, 91.86 index points, was reached in 1971 while the maximum of 104.52 index points was recorded in 2022. 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.