The Economic Tendency Indicator for Sweden held steady at 97.5 in December 2024, unchanged from the previous month’s upwardly revised figure, indicating a slightly weaker-than-normal sentiment in the Swedish economy. Still, this was the highest reading since August 2022, driven by improvements across nearly all sub-indicators, notably for retail trade (+4.4 points to 111). Additionally, confidence indicators for the building & civil engineering industry (+1.6 points to 100.2), service sector (+1.6% to 98.9), and manufacturing industry (+0.2 points to 96.5) went up. Meanwhile, the consumer confidence indicator declined by 4.9 points to 96.7. source: National Institute of Economic Research (NIER)
Leading Economic Index in Sweden averaged 100.00 index points from 1996 until 2024, reaching an all time high of 122.40 index points in October of 2021 and a record low of 61.00 index points in April of 2020. This page includes a chart with historical data for Sweden Leading Economic Index. Sweden Economic Tendency Indicator - values, historical data and charts - was last updated on January of 2025.
In Sweden, the Economic Tendency Indicator aims to measure current sentiment in the Swedish economy. This indicator is based on the information contained in the confidence indicators for the manufacturing industry, the service sector, the building and civil engineering industry, the retail trade, and consumers. The different sectors have been weighted to reflect their impact on economic activity best: manufacturing 40 percent, services 30 percent, construction 5 percent, retail 5 percent, and consumers 20 percent. The EU uses the same weights to calculate the ESI.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
97.50 |
97.50 |
122.40 |
61.00 |
1996 - 2024 |
index points |
Monthly |
SA
|