Sweden’s economy slipped back into contraction in December 2025, with month-over-month GDP declining by 0.6%, according to data updated on 29 January 2026. The drop follows a 0.5% month-over-month expansion in November 2025, marking a sharp turnaround in short-term economic momentum.
The data, measured on a month-over-month basis, shows that while November delivered a positive comparison versus October, December’s reading reversed that trend as output fell versus November. The latest figure underscores rising volatility in Sweden’s economic activity at the end of 2025, as a modest gain was quickly followed by an outright decline.