GDP per capita

Each year the OECD compiles a table ranking the purchasing power adjusted GDP per capita of member countries. The list shows the value of production adjusted for the size of the country's population.

During late 1970s until the early 1990s, Sweden had a weaker GDP growth than the majority of other industrialised countries. During the deep recession of 1991-1993 in Sweden, the GDP growth fell even more. As a consequence, Sweden’s purchasing power adjusted GDP per capita has fallen in relation to other industrial countries over recent decades, from fourth to 14th place. Since late 1990s Sweden has started to climb on in the ranking again. Currently, Sweden has the 8th place. 

Sweden's position in the OECD list of GDP per capita

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Sweden's position

Place

From 197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008 To 197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008

Source: OECD

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GDP per capita

Purchasing power adjusted prices, SEK, 2008

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To increase comparability, the countries’ GDP per capita in the table have been adjusted with respect to the price level, this is called having purchasing power adjusted prices.