Inflation rates by country and year

-0.5%3.1%6.6%10.2%13.7%
-0.5%3.1%6.6%10.2%13.7%
19604.1%
19922.4%
20250.7%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate0.7%

Behind the curve

Turning points in Sweden

  1. 1973↑ Upward pressure

    The first oil crisis — Wikipedia (opens in a new tab)

    The oil shock raised Sweden's imported energy costs and added to the wage-price pressures of the 1970s.

    OECD · Sweden economic snapshot
  2. 1979↑ Upward pressure

    The second oil crisis — Wikipedia (opens in a new tab)

    The second oil shock pushed energy costs higher again, sustaining Swedish inflation into the early 1980s.

    OECD · Sweden economic snapshot
  3. 1993↑ Upward pressure

    The krona's depreciation — Wikipedia (opens in a new tab)

    After the krona was floated in late 1992, its sharp depreciation raised import prices and briefly lifted Swedish inflation in 1993.

    OECD · Sweden economic snapshot
  4. 2009↓ Downward pressure

    The global financial crisis — Wikipedia (opens in a new tab)

    The global downturn cut demand and commodity prices, pulling Swedish inflation to very low levels in 2009.

    OECD · Sweden economic snapshot
  5. 2020↓ Downward pressure

    The pandemic and falling demand — Wikipedia (opens in a new tab)

    The pandemic weakened demand and energy prices, keeping Swedish inflation subdued before the recovery.

    OECD · Sweden economic snapshot
  6. 2022↑ Upward pressure

    Energy and food price surge — Wikipedia (opens in a new tab)

    Surging energy and food prices after Russia's invasion of Ukraine drove Swedish inflation to its highest level in decades.

    OECD · Sweden economic snapshot IMF · World Economic Outlook database

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Sweden?

The annual inflation rate in Sweden was 0.7% in 2025, the most recent year in the World Bank dataset. That means prices rose 0.7% on average compared with the year before. Use the chart above to explore Sweden's full inflation history from 1960 to 2025, and to compare it with any other country.

How inflation in Sweden has changed

Inflation in Sweden peaked at 13.7% in 1980 and reached its lowest point at -0.5% in 2009. Averaged across the 66 years of available data (1960–2025), the rate has been 4.3% per year.

Frequently asked questions about inflation in Sweden

What is the current inflation rate in Sweden?

The latest available annual figure is 0.7% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Sweden's statistical office.

What was the highest inflation rate in Sweden?

The highest annual inflation rate on record is 13.7%, reached in 1980.

What was the lowest inflation rate in Sweden?

The lowest annual inflation rate on record is -0.5%, recorded in 2009.

Where does the inflation data for Sweden come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.