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    Home > Finance > Sweden government cuts growth forecast for 2025
    Finance

    Sweden government cuts growth forecast for 2025

    Published by Global Banking & Finance Review®

    Posted on December 18, 2024

    1 min read

    Last updated: January 27, 2026

    This image illustrates the challenges of offshore wind development in Sweden's finance sector, highlighting the government's recent commission report on the need for support and new auction systems for viability.
    Offshore wind development challenges in Sweden's finance sector - Global Banking & Finance Review
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    Quick Summary

    Sweden's government cuts its 2025 growth forecast to 2.0% and predicts prolonged economic weakness, with GDP growth for 2024 adjusted to 0.6%.

    Sweden Revises 2025 Economic Growth Forecast to 2.0%

    STOCKHOLM (Reuters) - The Swedish government on Wednesday cut its forecast for economic growth in 2025 to 2.0% from 2.5% seen previously and said it looked like the economy would be weak for some time.

    GDP growth for 2024 was meanwhile seen at 0.6%, down from 0.8% seen in September, the finance ministry projections showed.

    It predicted headline inflation of 1.9% this year and 2.0% in 2025. It in September forecast 1.9% and 1.7% respectively.

    "It looks like the economy will be weak for some time," Finance Minister Elisabeth Svantesson said.

    (Reporting by Isabelle Yr Carlsson, editing by Louise Rasmussen)

    Key Takeaways

    • •Sweden lowers 2025 growth forecast to 2.0%.
    • •2024 GDP growth adjusted to 0.6%.
    • •Inflation expected at 1.9% in 2023 and 2.0% in 2025.
    • •Finance Minister notes prolonged economic weakness.
    • •Revised projections by Sweden's finance ministry.

    Frequently Asked Questions about Sweden government cuts growth forecast for 2025

    1What is the main topic?

    The main topic is Sweden's revised economic growth forecast, with the government lowering its 2025 growth projection to 2.0%.

    2What are the new GDP growth projections?

    The Swedish government forecasts GDP growth of 0.6% for 2024 and 2.0% for 2025.

    3Who provided the economic forecast?

    The forecast was provided by Sweden's finance ministry, with comments from Finance Minister Elisabeth Svantesson.

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