The rating on the Kingdom of Sweden reflects our view of the sovereign's high wealth levels; its long-standing commitment to sound public finances; as well as the economy's competitiveness and proven flexibility. The key weaknesses we see for the rating are the long-term fiscal pressures emanating from an aging population, and a higher level of household debt than previously. Sweden has demonstrated a long-standing commitment to fiscal rules that have kept government debt levels in check. As a consequence, the Swedish government's balance sheet compares exceptionally well with 'AAA' rated peers, providing the government with a substantial buffer in the event of further economic shocks. Standard & Poor's expects the general government to record a small surplus of 0.7% of...
Companies mentioned in this report are:
- Sweden (Kingdom of)
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