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Sweden Tariff Rate

Sweden's tariff rate fell to 1.95% in 2022, down from 2.24% in 2021, according to World Bank. This represents a decrease of 0.29% from the previous year. Sweden has the 18th lowest tariff rate. Within Europe, it ranks 36th out of 40 countries.

Yearly Historical Data (1988-2022)

(in %)
Year Tariff Rate (%)
2022 1.95%
2021 2.24%
2020 1.71%
2019 2.55%
2018 2.46%
2017 2.48%
2016 2.48%
2015 2.73%
2014 2.76%
2013 2.21%
2012 2.28%
2011 2.3%
2010 2.78%
2009 2.44%
2008 2.37%
2007 2.53%
2006 2.75%
2005 2.68%
2004 2.64%
2003 2.54%
2002 2.57%
2001 4.26%
2000 3.3%
1989 5.36%
1988 1.68%
Sweden Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Sweden on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $195.76B $197.53B 2024
Annual Imports $188.97B $193.24B 2024
Balance of Trade SEK -8.9B SEK 3.6B Aug'25
Exports SEK 144B SEK 153.8B Aug'25
Exports (% GDP) 54.6% 55.38% 2024
FDI Inflows (% GDP) 4.37% 3.08% 2024
Imports SEK 152.9B SEK 150.2B Aug'25
Imports (% GDP) 50.21% 51.36% 2024
Net Trade (Goods & Services, BoP) $29.33B $25.14B 2024
Trade (% GDP) 104.81% 106.74% 2024