A base jumper is lucky to be alive after his parachute failed to deploy when he threw himself off a 24-storey building.

The accident was captured on video and shows the man falling to the ground after he realises his parachute has failed in Sweden.

Footage shows the base jumper standing atop a huge Stockholm building before he takes his leap of faith.

View photos The base jumper can be seen on top of a huge 24-storey building. Source: LiveLeak More

When he can't properly deploy his parachute, he is seen flailing aimlessly to the ground.

He extraordinarily survives the incident, despite hitting the asphalt below the 75 metre-tall building.

Police and witnesses say the man jumped and landed on the street in front of his friends who were filming as well as shocked diners at the restaurant on the ground floor of the building, Daily Mail reports.

View photos The jumper is seen twisting and turning after his parachute fails. Source: LiveLeak More

The man was taken to hospital where he was treated for serious but non-life threatening injuries.

Stockholm Police told Dagens Nyheter that base jumping from buildings is not illegal in itself, however it depends if the roof or floor from where the jump is carried out has been lawfully accessed.