Ratio of GNP to GDP for Sweden
GNPGDPSEA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.01
Year-over-Year Change
3.53%
Date Range
1/1/1960 - 1/1/2010
Summary
The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Sweden measures the relative size of domestic versus national economic output.
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
This ratio provides insight into the role of Sweden's international economic activities, such as foreign investment and income flows, in the overall size of its economy. It is a useful indicator for evaluating Sweden's global economic integration and competitiveness.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Historical Context
Policymakers and analysts use this metric to assess Sweden's economic position and influence on the global stage.
Key Facts
- Sweden's GNP-to-GDP ratio has remained above 1 since the 1970s.
- A ratio greater than 1 indicates Sweden earns more from foreign investment than it pays to foreign investors.
- The ratio provides insight into Sweden's economic integration and dependence on international activities.
FAQs
Q: What does this economic trend measure?
A: The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Sweden measures the relative size of the country's domestic versus national economic output.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insight into Sweden's global economic integration and competitiveness, as it reflects the role of international activities like foreign investment and income flows in the overall size of the Swedish economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Sweden's economic position and influence on the global stage.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and revision process of the U.S. Bureau of Economic Analysis.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Sweden (GNPGDPSEA156NUPN), retrieved from FRED.