Financial intermediation, real estate, and business activities contributed 23.2% to the gross value added (GVA) in 2022, followed by mining, manufacturing, and utilities (18.4%) and transport, storage, and communications (12.2%). The three sectors are forecast to grow by 5.4%, 4.0%, and 5.1%, respectively, in 2023.
Eastern Sweden and Southern Sweden contributed 85% to the country’s GDP in 2021 and comprised 83.2% of Sweden’s population in 2022, according to Eurostat.
Eastern Sweden and Southern Sweden contributed 85% to the country’s GDP in 2021 and comprised 83.2% of Sweden’s population in 2022, according to Eurostat.
Key Highlights
The overall OMX (Sweden OMX Index) exhibited an upward trend over the last year. As of April 26, 2023, the index stood at 2,238.2, compared to 2,018.3 on April 26, 2022.Scope
- According to the World Bank, Logistic Performance Index (2023), Sweden ranked seventh out of 138 nations.
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Table of Contents
- List of Exhibits
- Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
- Exhibit 1: Sweden’s performance in terms of its country risk analysis in comparison to West Europe and the World average
- Exhibit 2: Performance overview (score: 1-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: OMX stock index
- Exhibit 5: Key sectors’ contribution to the economy
- Exhibit 6: FDI net transaction (2018-22) and FDI by industry (2021-22))
- Exhibit 7: FDI by regions and countries in Sweden (2021-22)
- Exhibit 8: Key infrastructure indicators
- Exhibit 9: Real GDP and household consumption growth rate (2018-25f)
- Exhibit 10: Real GDP growth rate comparison (2022)
- Exhibit 11: Export, import and trade balance (2018-25f)
- Exhibit 12: Current account balance (2018-25f)
- Exhibit 13: Top three commodity exports, % of total exports (2018-22)
- Exhibit 14: Cereals exports, % of world total (2021)
- Exhibit 15: Interest rates (April 2018-April 2023)
- Exhibit 16: Exchange rate and inflation (2018-2025f)
- Exhibit 17: Public finance (2018-25f)
- Exhibit 18: General government debt (2018-25f)
- Exhibit 19: Unemployment rate (2018-25f)
- Exhibit 20: Average annual wages (2018-25f)
- Exhibit 21: Labor cost index (2018-25f)
- Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025)
- Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025)
- Exhibit 24: Gender split (1995, 2005, 2015, 2025)
- Exhibit 25: Internet users as % of total population, mobile penetration rate and broadband penetration rate (2022)
- Exhibit 26: Number of patents granted (2022)
- Exhibit 27: High-technology exports (% of manufactured exports) (2021)
- Exhibit 28: Rule of Law (rankings) (2022)
- Exhibit 29: Corruption perceptions index (rankings) (2022)
- Exhibit 30: Renewable energy, installed capacity (2017-21)
- Exhibit 31: CO2 emissions (2017-21)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Hexagon
- Electrolux
- Elekta
