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Sweden Unemployment Rate — 2026 Data, Trend & Forecast

Sweden's unemployment rate was 8.60% in July 2026, down from 8.73% the previous month. A year earlier it stood at 8.90%.

Sweden's unemployment rate was 8.60% in July 2026, down from 8.73% the previous month. A year earlier it stood at 8.90%.

Sweden's unemployment rate stands at 8.60% as of July 2026. The unemployment rate currently sits at 8.60% (down from 8.73% in the prior month). Across the tracked window it has ranged between 5.90% and 9.80%, and is 0.30% lower than a year ago.

The trend

Among the 226 economies tracked on this platform, Sweden ranks #63 on unemployment rate by latest value. It fell from 8.73% in the previous month, and compares with a year-earlier 8.90%.

What's driving it

Joblessness tracks the business cycle, labour-force participation and structural shifts in industry, and tends to lag changes in output.

Recent readings

PeriodUnemployment rate
Jul 20268.60%
Jun 20268.73%
May 20268.80%
Apr 20268.50%
Mar 20268.60%
Feb 20268.40%
Jan 20268.10%
Dec 20258.87%

Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.

Frequently asked questions

What Is the Unemployment Rate in Sweden in 2026?

Sweden's unemployment rate was 8.60% in July 2026, down from 8.73% the previous month. A year earlier it stood at 8.90%.

Is the unemployment rate rising or falling in Sweden?

It fell in the latest reading — 8.60% in July 2026 versus 8.73% a month earlier. Year on year it is lower.

What is unemployment rate?

It measures the share of the labour force that is without work but actively seeking a job.

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Written by Sandeep Kumar Chaudhary, Data Desk. Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures may be revised — information only, not financial advice.