Sweden’s economy expanded at a slower pace in the third quarter of 2026, with year-over-year GDP growth easing to 2.8%, down from 3.3% in the second quarter of 2026. The figures, updated on 29 October 2026, indicate a moderation in momentum compared with the same period a year ago.
The data are based on a year-over-year comparison: the current 2.8% reading reflects the change in GDP in the third quarter of 2026 relative to the third quarter of the previous year, while the earlier 3.3% figure for the second quarter was measured against the corresponding quarter a year earlier. The slowdown suggests that, although Sweden continues to grow, the pace of expansion has softened compared with recent quarters.