Sweden's gross domestic product (GDP) rose 5.3 percent in the second quarter of 2011 year-on-year, thanks to a big increase of investment and export, Statistics Sweden (SCB) said on Tuesday.
Seasonally adjusted GDP increased by one percent compared with the first quarter of 2011.
The primary statistics showed that the gross fixed capital increased by 8.1 percent, which gave the strongest contribution to the GDP growth, SCB said in a statement.
The exports and imports increased respectively by 7.8 percent and 5.8 percent and the net exports made positive contribution of 1.3 percentage points to GDP growth.
Another main factor for the increase of the GDP is household consumption expenditures which gained 2.3 percent and amounted to 1.1 percentage points in GDP rise.
The Swedish government has predicted in its spring fiscal policy bill that its GDP growth would be 4.6 percent in 2011 and 3.8 percent in 2012 and 3.6 percent in 2013.