Forecast: Value Added of Financial Services in Sweden

The value added of financial services in Sweden experienced fluctuations between 2013 and 2023. After notable growth in the early years, peaking at significant year-on-year increases (11.7% in 2015), there were periods of decline and stabilization. The sector rebounded strongly with a 13.94% increase in 2020 but saw modest changes in subsequent years, with 2.7% and 2.6% growth in 2022 and 2023, respectively. As of 2023, the value stood at 201.25 billion SEK. Over the last five years, the CAGR was 3.42%, indicating a steady but moderate growth trajectory.

Looking forward, the forecast predicts continuous growth from 2024 to 2028, albeit at a slower pace with a 5-year CAGR of 1.84%. Total growth over this period is expected to be 9.55%. Future trends to watch for include digital transformation, regulatory changes, and advancements in fintech which could drive innovation and efficiency in financial services.