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Compound interest

Calculate how your savings grow with compound interest: final value, return and what the money is worth after inflation.

kr
kr/month
%
years
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How compound interest works

Compound interest means the return itself earns a return. What decides the final value is how long the money is allowed to grow – time matters more than the amount you start with. Saving 2,000 kr a month for 20 years means 480,000 kr invested, but at a 7 percent annual return it grows to more than double that.

The calculation assumes the annual return is spread evenly over the twelve months of the year and that the monthly saving is deposited at the end of each month. Inflation is applied separately, so you can see what the final value is worth in today’s money. The return is the figure you enter yourself – past performance is no guarantee of future returns, and tax and fund fees are not included.

If you save in funds or shares in an investment savings account (ISK) you pay a flat annual tax instead of tax on the gain – see our calculator for ISK, endowment insurance and a regular securities account for what that means.

The calculation is based on your own assumptions about return and inflation. Guidance only, not investment advice.

2,000 kr a month at a 7% annual return
Savings horizonCapital investedFinal valueOf which return
5 years120 000 kr142 392 kr22 392 kr
10 years240 000 kr342 103 kr102 103 kr
20 years480 000 kr1 015 073 kr535 073 kr
30 years720 000 kr2 338 905 kr1 618 905 kr
40 years960 000 kr4 943 084 kr3 983 084 kr

Updated for 2026 · Source: Skatteverket / SCB · About the calculations

Frequently asked questions

How much does 2,000 kr a month become in 20 years?

At 2,000 kr a month and a 7 percent annual return the savings grow to about 1,015,000 kr in 20 years. You have then deposited 480,000 kr, and the rest – roughly 535,000 kr – is return. Over 30 years the same saving becomes about 2,339,000 kr.

How long does it take for the money to double?

The doubling time is the logarithm of 2 divided by the logarithm of the growth factor. At a 7 percent annual return it takes about 10.2 years, at 5 percent about 14.2 years and at 10 percent about 7.3 years. The rule of 72 divided by the rate gives roughly the same answer.

What does inflation do to the savings?

Inflation reduces what the money can buy. A final value of 1,208,000 kr in 20 years corresponds to about 813,000 kr in today's money at 2 percent inflation. The calculator shows both figures so you can see the real purchasing power.

Is tax included in the calculation?

No, the calculator shows the development before tax and fees. If you save in an investment savings account you pay a flat annual tax instead of capital gains tax – use our ISK, endowment insurance and securities account calculator to see how much.