Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Sweden
SWELORSGPTDSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.88
Year-over-Year Change
1.86%
Date Range
2/1/1960 - 8/1/2022
Summary
The OECD Leading Indicators series for Sweden's Gross Domestic Product (GDP) trend provides an early signal of changes in the country's economic activity and helps economists and policymakers anticipate future economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The OECD Leading Indicators series is a composite index designed to predict turning points in a country's business cycle. The GDP trend indicator for Sweden offers a forward-looking assessment of the overall health of the Swedish economy.
Methodology
The data is calculated by the OECD using a proprietary methodology that combines various economic indicators.
Historical Context
This trend is widely monitored by economic analysts, financial institutions, and government agencies to inform policy decisions and investment strategies.
Key Facts
- The GDP trend indicator is a leading economic indicator for Sweden.
- It provides an early signal of changes in Sweden's overall economic activity.
- The OECD Leading Indicators series is used by policymakers and analysts worldwide.
FAQs
Q: What does this economic trend measure?
A: The OECD Leading Indicators series for Sweden's Gross Domestic Product (GDP) trend provides an early signal of changes in the country's overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely monitored by economic analysts, financial institutions, and government agencies to help anticipate future economic conditions and inform policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using a proprietary methodology that combines various economic indicators.
Q: How is this trend used in economic policy?
A: The GDP trend indicator for Sweden is used by policymakers and analysts worldwide to gain insights into the overall health of the Swedish economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The OECD Leading Indicators series is subject to the same update schedules and potential limitations as other macroeconomic data releases.
Related Trends
Infra-Annual Labor Statistics: Labor Force Female: From 25 to 54 Years for Sweden
LFAC25FESEA647N
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for Sweden
LRAC25TTSEQ156S
Work Started: Construction: Dwellings and Residential Buildings: Total for Sweden
WSCNDW01SEQ470S
Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 25 to 54 Years for Sweden
LRAC25MASEA156S
Employment to Population Rate: All Ages: Females for Sweden
LREPTTFESEQ156N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Sweden
CPGRLE01SEM659N
Citation
U.S. Federal Reserve, OECD Leading Indicators: Reference series: Gross Domestic Product (GDP): Trend for Sweden (SWELORSGPTDSTSAM), retrieved from FRED.