Economic policy

The recovery that began in the second half of 2024 has slowed, and the Swedish economy remains in protracted recession. This is largely due to increased geopolitical uncertainty. However, rising real wages and lower interest rates suggest that the recovery will gain momentum in the second half of 2025. Minister for Finance Elisabeth Svantesson has presented the latest economic forecast from the Ministry of Finance.

Today, the Government, together with the Social Democratic Party, the Sweden Democrats, the Left Party, the Centre Party and the Green Party, presents an agreement to enable a historic expansion of Sweden’s defence to meet NATO’s new defence spending targets – expected to be 3.5 per cent of GDP – and that this expansion will be achieved rapidly through temporary financing via loans. This is a historic show of strength. If NATO were to agree on an additional target of 1.5 per cent of GDP for broader defence and security-related investments, the parties are in agreement that Sweden should also meet that target.

Russia’s full-scale war against Ukraine continues with unabated intensity, bringing serious consequences for civilians. Russian propaganda continues to spread the false narrative of a strong and resilient economy. On behalf of the Swedish Government, the Stockholm Institute of Transition Economics (SITE) drafted a report in late 2024 concerning economic developments in Russia. The report highlighted the unreliability of Russian statistics, and that the country’s economy is not performing as well as its statistics suggest. SITE has now published a follow-up report, and Minister for Finance Elisabeth Svantesson has met with Director of SITE Torbjörn Becker to discuss the Russian economy and the report’s conclusions.

The Spring Budget, or the 2025 Spring Fiscal Policy Bill and 2025 Spring Amending Budget, is being presented today. In the Spring Budget, which is based on an agreement between the Government and the Sweden Democrats, the Government is using the strength of the Swedish economy to strengthen economic development and counteract the negative effects of the prevailing economic uncertainty.

On 15 April, the Government presented its Spring Amending Budget. In the Budget, the Government intends to utilise the strength of the Swedish economy to enhance its growth and offset the negative effects of the prevailing economic uncertainty.

Speech by Prime Minister Ulf Kristersson at high-level event on EU capital markets in Stockholm, 3 April 2025. Check against delivery.

In the second half of 2024, the Swedish economy entered into a recovery phase that is expected to continue this year. At the same time, the high level of uncertainty resulting from factors such as increased tariffs is projected to dampen growth in the near future. These are the conclusions of the Ministry of Finance in a new forecast of economic developments.

The Swedish economy is in a protracted recession, but recovery is expected to begin in early 2025. Inflation is expected to be around the inflation target going forward. These are the conclusions of the Ministry of Finance in a new economic forecast.

Russia’s full-scale war against Ukraine continues with unabated intensity and far-reaching consequences for civilians. At the same time, Russia is spreading propaganda to try and portray the Russian economy as more well-functioning than it actually is. As part of efforts to combat this propaganda, the Swedish Government commissioned the National Institute of Economic Research to analyse economic developments in Russia. Last Wednesday, Minister for Finance Elisabeth Svantesson hosted a seminar in connection with the report’s conclusions.

The Government presented the Budget Bill for 2025 to the Riksdag today. The fight against inflation has been won, and the Government is now shifting the focus of its economic policy: from fighting inflation to investing to build a more prosperous and safer Sweden. The Budget Bill includes reforms totalling SEK 60 billion, excluding military support to Ukraine, and is based on an agreement between the Government and the Sweden Democrats.

The fight against inflation has been won, and the Government is now shifting the focus of its economic policy: from fighting inflation to investing in a more prosperous and safer Sweden. The Government’s Budget Bill for 2025 includes reforms totalling SEK 60 million, excluding military support to Ukraine.

Inflation in Sweden is slightly below the 2 per cent target. At the same time, economic activity is weak. The Swedish economy is in recession, but recovery is around the corner. These are the conclusions of a new economic forecast by the Ministry of Finance. The Government’s efforts to build a stronger Swedish economy continue. According to Minister for Finance Elisabeth Svantesson, reforms in the forthcoming autumn budget are expected to amount to around SEK 60 billion.

Inflation in Sweden has decreased and the target is expected to be reached this year. At the same time, the labour market situation has worsened and unemployment has risen. The Swedish economy is expected to remain in recession until 2025, but recovery is approaching. These are the conclusions of the Ministry of Finance in a new economic forecast. The Government’s inflation-focus is now shifting from fighting to monitoring, while Sweden will be built to be more prosperous.

The Government has nominated Sigrún Rawet as Executive Director for the Nordic-Baltic constituency on the World Bank Board of Directors for the period 1 July 2024–30 June 2028.

Today the Government is presenting its 2024 Spring Fiscal Policy Bill and Spring Amending Budget for 2024. Inflation has fallen considerably and is expected to continue to do so, while at the same time unemployment is expected continue to rise. In light of this, the Government is presenting its Spring Amending Budget with measures to navigate us through the recession, safeguard the welfare system and make Sweden a safer, more secure and wealthier country. The Budget is based on an agreement between the Government and the Sweden Democrats.

The Government presented its Spring Budget on 15 April. The budget has been presented against the background of significantly falling inflation while the Swedish economy is in recession, with low GDP growth and rising unemployment.

Inflation has decreased considerably and is expected to continue to do so, while unemployment is expected to rise. Subdued growth, combined with the weak labour market outlook, means that the Swedish economy is expected to remain in recession until 2025. These are the conclusions of the Ministry of Finance in a new economic forecast.

Inflation is starting to come down, but Swedish businesses and households are still burdened by high prices and interest rates. This means a weaker economic situation and that the Swedish economy is considered to be in a recession that will last until 2025. These are the Ministry of Finance’s conclusions presented in a new forecast of the economic outlook.