Sweden's GDP is expected to increase by 1.9 percent this year and 2.5 percent in 2027, according to the OECD's new forecast. The boost will come not least from increased private consumption - but also from housing investment and higher public consumption.
Inflation is expected to fall in 2026 and recover to around 2.0 percent in 2027.
But there are risks of setbacks.
“The global economy is once again under pressure,” writes OECD Chief Economist Stefano Scarpetta in a comment.
Upward pressure on prices and weakened demand will characterize the global economy for some time to come, according to the forecast. And it could get worse even if serious disruptions - such as the closure of the Strait of Hormuz - are eliminated.
Global growth is expected to fall to 2.8 percent this year, down from 3.4 percent in 2025. Some recovery is expected next year, with growth of 3.1 percent.
Should the disruptions persist, growth could fall to 2.1 percent this year and 1.8 percent in 2027, according to the OECD.
The OECD sees increased inflationary pressure globally - in both developed and emerging economies, as energy and commodity prices rise.
