Sweden Inflation Rate (CPI YoY %) - Historical Data
Year-on-year percentage change in the headline Consumer Price Index (CPI) for Sweden from 1914 to 2026, compiled from the BIS Long Consumer Prices archive (WS_LONG_CPI). The latest inflation rate is 0.31% (Aug 2026) compared with the Sveriges Riksbank official target of 2.0% CPIF Target.
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Current Statistics & Historical Records
Latest Reading (Aug 2026)
0.31%
Prev (Jul 2026): 0.18%+0.13 pp
Highest Recorded (1918)
46.95%
Peak consumer price inflation rate in Sweden (Sveriges Riksbank mandate: 2.0% CPIF Target).
Lowest Recorded (Dec 1921)
-25.19%
Lowest recorded CPI inflation / deflation reading in Sweden.
Long-Run Mean (1914–2026)
3.96%
113 annual observations · Monthly
Sveriges Riksbank · SEK
Sweden Inflation Rate (CPI YoY %) (1914-2026)
% YoYDrag to pan, scroll to zoom, or toggle between full archive (1914–2026) and recent monthly observations.
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Source: Bank for International Settlements (BIS) & National Statistical Office (WS_LONG_CPI:M:SE:771)
Latest: 0.31% (Aug 2026)
Sweden Inflation Rate Averages by Decade
Decadal mean, peak, and trough across the 1914–2026 archive
| Decade | Years Covered | Decade Mean | Decade High (Year) | Decade Low (Year) |
|---|---|---|---|---|
| 1910s | 1914–1919 | 19.05% | 46.95% (1918) | 1.32% (1914) |
| 1920s | 1920–1929 | -4.20% | 1.64% (1920) | -18.20% (1921) |
| 1930s | 1930–1939 | 0.16% | 3.51% (1937) | -3.28% (1930) |
| 1940s | 1940–1949 | 4.32% | 13.51% (1940) | -0.42% (1944) |
| 1950s | 1950–1959 | 4.52% | 17.02% (1951) | 0.63% (1953) |
| 1960s | 1960–1969 | 3.77% | 6.43% (1966) | 1.94% (1968) |
| 1970s | 1970–1979 | 8.58% | 11.41% (1977) | 5.96% (1972) |
| 1980s | 1980–1989 | 7.94% | 13.68% (1980) | 4.17% (1987) |
| 1990s | 1990–1999 | 3.29% | 10.35% (1990) | -0.27% (1998) |
| 2000s | 2000–2009 | 1.47% | 3.44% (2008) | -0.49% (2009) |
| 2010s | 2010–2019 | 1.12% | 2.96% (2011) | -0.18% (2014) |
| 2020s | 2020–2026 | 3.37% | 8.63% (2023) | 0.41% (2026) |
Complete Annual Historical Ledger (1914–2026)
Unit: % YoY · Source: Bank for International Settlements (BIS) & National Statistical Office (WS_LONG_CPI:M:SE:771)
| Year | Annual Value (% YoY) | Intra-Year Range (Min – Max) | Monetary Regime & Historical Context |
|---|---|---|---|
| 2026 | 0.41% | -0.15% – 0.78% | - |
| 2025 | 0.68% | 0.19% – 1.29% | Post-tightening monetary recalibration across advanced and emerging central banks |
| 2024 | 2.86% | 0.81% – 5.43% | G10 policy rates peak and pivot toward gradual monetary normalization |
| 2023 | 8.63% | 4.39% – 11.95% | - |
| 2022 | 8.34% | 3.69% – 12.33% | Global inflation surge triggers fastest synchronized rate hiking cycle in four decades |
| 2021 | 2.16% | 1.34% – 3.87% | - |
| 2020 | 0.50% | -0.36% – 1.30% | COVID-19 pandemic emergency rate cuts and record balance sheet expansion |
| 2019 | 1.79% | 1.44% – 2.16% | - |
| 2018 | 1.95% | 1.58% – 2.33% | - |
| 2017 | 1.80% | 1.27% – 2.20% | - |
| 2016 | 0.98% | 0.38% – 1.73% | Bank of Japan introduces Yield Curve Control (YCC); post-Brexit BoE easing |
| 2015 | -0.05% | -0.44% – 0.16% | - |
| 2014 | -0.18% | -0.63% – 0.22% | ECB and European peers introduce Negative Interest Rate Policy (NIRP) |
| 2013 | -0.05% | -0.47% – 0.13% | - |
| 2012 | 0.89% | -0.11% – 1.92% | - |
| 2011 | 2.96% | 2.28% – 3.37% | European Sovereign Debt Crisis and Swiss franc safe-haven surge |
| 2010 | 1.16% | 0.32% – 2.33% | - |
| 2009 | -0.49% | -1.87% – 1.27% | - |
| 2008 | 3.44% | 0.90% – 4.38% | Global Financial Crisis drives major central banks to the zero lower bound and QE1 |
| 2007 | 2.21% | 1.65% – 3.45% | - |
| 2006 | 1.36% | 0.61% – 1.71% | - |
| 2005 | 0.45% | -0.04% – 0.88% | - |
| 2004 | 0.37% | -0.40% – 0.76% | - |
| 2003 | 1.93% | 1.26% – 3.32% | - |
| 2002 | 2.16% | 1.72% – 2.71% | - |
| 2001 | 2.41% | 1.39% – 2.99% | Dot-com bust and synchronized G10 monetary easing cycle |
| 2000 | 0.90% | 0.44% – 1.31% | - |
| 1999 | 0.46% | -0.24% – 1.32% | Launch of the Euro and establishment of the European Central Bank (ECB) |
| 1998 | -0.27% | -1.22% – 0.70% | - |
| 1997 | 0.66% | -0.27% – 1.64% | Asian Financial Crisis triggers emergency EM currency defense hikes |
| 1996 | 0.54% | -0.35% – 1.58% | - |
| 1995 | 2.46% | 2.10% – 2.87% | - |
| 1994 | 2.16% | 1.60% – 2.65% | Global bond market selloff and pre-emptive Federal Reserve tightening cycle |
| 1993 | 4.72% | 4.07% – 5.21% | - |
| 1992 | 2.38% | 1.34% – 5.23% | European Exchange Rate Mechanism (ERM) crisis and Black Wednesday |
| 1991 | 9.48% | 7.81% – 13.08% | - |
| 1990 | 10.35% | 8.16% – 11.48% | German reunification tightening and Japanese asset bubble peak |
| 1989 | 6.45% | 6.13% – 6.64% | - |
| 1988 | 5.82% | 4.74% – 6.84% | - |
| 1987 | 4.17% | 3.11% – 5.37% | Louvre Accord and Black Monday central bank liquidity provision |
| 1986 | 4.25% | 3.33% – 6.20% | - |
| 1985 | 7.38% | 5.62% – 8.71% | Plaza Accord coordinated G5 currency intervention depreciates USD |
| 1984 | 8.05% | 7.28% – 8.99% | - |
| 1983 | 8.87% | 8.15% – 9.67% | - |
| 1982 | 8.60% | 7.55% – 9.65% | - |
| 1981 | 12.13% | 9.13% – 13.58% | Volcker disinflation peak pushes benchmark policy rates to postwar highs |
| 1980 | 13.68% | 12.34% – 15.48% | - |
| 1979 | 7.18% | 5.57% – 9.76% | Second oil shock; Paul Volcker appointed Federal Reserve Chair |
| 1978 | 10.08% | 7.28% – 13.98% | - |
| 1977 | 11.41% | 9.02% – 13.46% | - |
| 1976 | 10.28% | 9.21% – 11.69% | - |
| 1975 | 9.79% | 7.88% – 11.78% | - |
| 1974 | 9.90% | 8.42% – 11.97% | First OPEC oil shock triggers global stagflation and steep policy rate hikes |
| 1973 | 6.71% | 5.64% – 8.37% | - |
| 1972 | 5.96% | 5.00% – 7.01% | - |
| 1971 | 7.41% | 6.25% – 9.75% | Nixon Shock suspends USD gold convertibility; Bretton Woods system ends |
| 1970 | 7.06% | 4.99% – 8.16% | - |
| 1969 | 2.67% | 1.86% – 3.98% | - |
| 1968 | 1.94% | 1.34% – 3.03% | - |
| 1967 | 4.31% | 3.33% – 4.91% | - |
| 1966 | 6.43% | 4.73% – 8.02% | Credit crunch of 1966 and monetary tightening |
| 1965 | 5.01% | 3.51% – 6.62% | - |
| 1964 | 3.36% | 2.61% – 3.90% | - |
| 1963 | 2.97% | 2.33% – 3.74% | - |
| 1962 | 4.68% | 3.89% – 5.61% | - |
| 1961 | 2.09% | 1.44% – 2.52% | - |
| 1960 | 4.21% | 3.70% – 4.89% | - |
| 1959 | 0.72% | -0.37% – 1.91% | - |
| 1958 | 4.50% | 2.69% – 6.37% | Eisenhower recession and global monetary easing |
| 1957 | 4.20% | 3.28% – 5.74% | - |
| 1956 | 5.08% | 2.95% – 6.61% | - |
| 1955 | 3.62% | 0.43% – 6.18% | - |
| 1954 | 0.76% | 0.30% – 1.22% | Post-Korean War Federal Reserve policy rate normalization |
| 1953 | 0.63% | -0.30% – 2.81% | - |
| 1952 | 7.32% | 3.80% – 10.34% | - |
| 1951 | 17.02% | 12.84% – 19.31% | - |
| 1950 | 1.37% | 0.39% – 3.52% | - |
| 1949 | 0.70% | 0.00% – 1.59% | - |
| 1948 | 5.61% | 4.92% – 5.88% | - |
| 1947 | 2.88% | 2.14% – 3.85% | - |
| 1946 | 0.44% | -0.85% – 2.16% | - |
| 1945 | -0.21% | -0.43% – 0.00% | - |
| 1944 | -0.42% | -0.85% – 0.43% | - |
| 1943 | 0.54% | -0.43% – 2.61% | - |
| 1942 | 6.88% | 4.91% – 8.33% | - |
| 1941 | 13.29% | 10.89% – 17.39% | - |
| 1940 | 13.51% | 10.18% – 15.38% | - |
| 1939 | 3.02% | 1.21% – 6.63% | - |
| 1938 | 1.70% | 1.22% – 2.50% | - |
| 1937 | 3.51% | 1.91% – 4.49% | - |
| 1936 | 1.14% | 0.00% – 2.61% | - |
| 1935 | 1.80% | 1.32% – 1.97% | - |
| 1934 | 1.17% | 0.66% – 2.00% | - |
| 1933 | -2.59% | -3.23% – -1.94% | - |
| 1932 | -1.59% | -2.52% – -0.64% | - |
| 1931 | -3.23% | -3.70% – -2.50% | - |
| 1930 | -3.28% | -3.61% – -2.96% | - |
| 1929 | -1.61% | -2.33% – -0.59% | - |
| 1928 | 0.89% | 0.00% – 2.38% | - |
| 1927 | -0.88% | -1.75% – 0.59% | - |
| 1926 | -3.39% | -4.47% – -2.30% | - |
| 1925 | 1.49% | -2.79% – 4.12% | - |
| 1924 | 0.29% | -0.58% – 2.87% | - |
| 1923 | -5.38% | -8.42% – -1.14% | - |
| 1922 | -16.80% | -20.50% – -12.87% | - |
| 1921 | -18.20% | -25.19% – -9.13% | - |
| 1920 | 1.64% | -3.31% – 6.44% | - |
| 1919 | 11.95% | -4.33% – 30.14% | - |
| 1918 | 46.95% | 46.95% – 46.95% | - |
| 1917 | 26.15% | 26.15% – 26.15% | - |
| 1916 | 13.04% | 13.04% – 13.04% | - |
| 1915 | 14.89% | 14.89% – 14.89% | - |
| 1914 | 1.32% | 1.32% – 1.32% | - |
Frequently Asked Questions - Sweden Inflation Rate
What is the current inflation rate in Sweden?
As of Aug 2026, headline consumer price inflation in Sweden is 0.31% year-on-year, compared to the Sveriges Riksbank target of 2.0% CPIF Target.
What was the highest inflation rate recorded in Sweden?
In the 1914-2026 series, Sweden CPI inflation peaked at 46.95% in 1918 and reached a low of -25.19% in Dec 1921.
Statistical Provenance
Source Metadata & Methodology Notes
- Primary Institution:
- Bank for International Settlements (BIS) & National Statistical Office
- Dataset / Dataflow:
- BIS Long Series on Consumer Prices (WS_LONG_CPI)
- Canonical Series ID:
- WS_LONG_CPI:M:SE:771
- Reuse & License:
- Terms of permitted use of BIS statistics
- Unit of measure: Year-on-year percentage change in headline consumer price index (UNIT_MEASURE=771).
- Central bank benchmark target: 2.0% CPIF Target (Sveriges Riksbank).
- Annual table values represent annual average inflation across each calendar year.
Academic & Media Attribution
Cite This Dataset (APA & BibTeX)
APA 7th Edition
CentralBankData.com. (2026). Sweden Inflation Rate (CPI YoY %), compiled from Bank for International Settlements (WS_LONG_CPI:M:SE:771). https://centralbankdata.com/sweden-inflation-rate
BibTeX
@misc{cbd_cpi_sweden,
author = {CentralBankData.com},
title = {Sweden Consumer Price Inflation Rate},
note = {Compiled from Bank for International Settlements WS_LONG_CPI:M:SE:771},
year = {2026},
url = {https://centralbankdata.com/sweden-inflation-rate}
}Related Sveriges Riksbank & Global Series
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