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Inflation rate in Sweden

Annual inflation in Sweden was 1.1% in September 2026: consumer prices compared with the same month a year earlier. The month before, it was 0.3%.

Inflation by month in Sweden

4.3%7.9%11.5%1.1%
Mar 2022Jul 2023Dec 2024Apr 2026

Monthly figures: national statistics compiled by the Bank for International Settlements (consumer prices, change on a year earlier).

Inflation by year in Sweden

YearInflation
20250.7%
20242.8%
20238.5%
20228.4%
20212.2%
20200.5%
20191.8%
20182.0%
20171.8%
20161.0%
2015-0.0%
2014-0.2%
2013-0.0%
20120.9%
20113.0%
20101.2%
2009-0.5%
20083.4%
20072.2%
20061.4%
20050.5%
20040.4%
20031.9%
20022.2%
20012.4%

Yearly figures: World Bank, inflation, consumer prices (annual %).

The real interest rate is the central bank’s policy rate minus the latest inflation rate: a plain difference, not a forecast.

Frequently asked questions

What is the inflation rate in Sweden?

Annual inflation in Sweden was 1.1% in September 2026 (consumer prices compared with a year earlier).

What was the inflation rate in Sweden in 2025?

Inflation in Sweden was 0.7% in 2025 (World Bank, consumer prices, annual average).

What was the inflation rate in Sweden in 2020?

Inflation in Sweden was 0.5% in 2020 (World Bank, consumer prices, annual average).

What was the inflation rate in Sweden in 2015?

Inflation in Sweden was -0.0% in 2015 (World Bank, consumer prices, annual average).

What is the real interest rate in Sweden?

The policy rate is 1.75% and inflation 1.1%, so the real interest rate is about 0.6%.

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