Sweden Inflation Rate 1960-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Sweden inflation rate for 2023 was 8.55%, a 0.18% increase from 2022.
  • Sweden inflation rate for 2022 was 8.37%, a 6.21% increase from 2021.
  • Sweden inflation rate for 2021 was 2.16%, a 1.67% increase from 2020.
  • Sweden inflation rate for 2020 was 0.50%, a 1.29% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Hungary 17.13%
Palau 12.80%
Poland 11.53%
Czech Republic 10.66%
Slovak Republic 10.53%
Barbados 9.79%
Estonia 9.16%
Lithuania 9.12%
Latvia 8.94%
Iceland 8.74%
Sweden 8.55%
Croatia 7.94%
Austria 7.81%
Chile 7.58%
Slovenia 7.45%
United Kingdom 6.79%
Ireland 6.30%
Finland 6.25%
Germany 5.95%
Uruguay 5.87%
New Zealand 5.73%
Italy 5.62%
Australia 5.60%
Norway 5.52%
Malta 5.09%
Antigua and Barbuda 5.07%
France 4.88%
Singapore 4.82%
Trinidad and Tobago 4.63%
Portugal 4.31%
Israel 4.23%
United States 4.12%
Belgium 4.05%
Canada 3.88%
Netherlands 3.84%
Luxembourg 3.74%
Kuwait 3.64%
South Korea 3.60%
St. Kitts and Nevis 3.56%
Cyprus 3.54%
Spain 3.53%
Greece 3.46%
Denmark 3.31%
Japan 3.27%
Bahamas 3.05%
Qatar 3.03%
Saudi Arabia 2.33%
Switzerland 2.14%
Hong Kong 2.10%
Panama 1.49%
Oman 0.94%
Brunei 0.36%
Bahrain 0.07%
Seychelles -1.04%
Sweden Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 8.55% 0.18%
2022 8.37% 6.21%
2021 2.16% 1.67%
2020 0.50% -1.29%
2019 1.78% -0.17%
2018 1.95% 0.16%
2017 1.79% 0.81%
2016 0.98% 1.03%
2015 -0.05% 0.13%
2014 -0.18% -0.14%
2013 -0.04% -0.93%
2012 0.89% -2.07%
2011 2.96% 1.80%
2010 1.16% 1.65%
2009 -0.49% -3.93%
2008 3.44% 1.22%
2007 2.21% 0.85%
2006 1.36% 0.91%
2005 0.45% 0.08%
2004 0.37% -1.55%
2003 1.93% -0.23%
2002 2.16% -0.25%
2001 2.41% 1.51%
2000 0.90% 0.44%
1999 0.46% 0.73%
1998 -0.27% -0.93%
1997 0.66% 0.13%
1996 0.53% -1.92%
1995 2.46% 0.30%
1994 2.16% -2.57%
1993 4.73% 2.35%
1992 2.37% -7.07%
1991 9.44% -0.92%
1990 10.37% 3.92%
1989 6.44% 0.62%
1988 5.82% 1.64%
1987 4.19% -0.05%
1986 4.24% -3.14%
1985 7.37% -0.67%
1984 8.04% -0.83%
1983 8.87% 0.28%
1982 8.59% -3.51%
1981 12.10% -1.60%
1980 13.71% 6.50%
1979 7.21% -2.79%
1978 10.00% -1.45%
1977 11.44% 1.19%
1976 10.25% 0.47%
1975 9.78% -0.13%
1974 9.91% 3.19%
1973 6.72% 0.71%
1972 6.01% -1.39%
1971 7.40% 0.38%
1970 7.02% 4.32%
1969 2.69% 0.75%
1968 1.94% -2.35%
1967 4.29% -2.12%
1966 6.40% 1.39%
1965 5.01% 1.63%
1964 3.39% 0.52%
1963 2.87% -1.89%
1962 4.77% 2.61%
1961 2.16% -1.98%
1960 4.14% -1.98%