Sweden

Sweden has one of the most extensive welfare systems in the world. Unlike its neighbour Norway it joined the EU in 1995.

Economic Strengths

Engineering sector. Highly developed and constantly updated infrastructure. Sophisticated technology. Skilled labour force & high standards of living. Public finance surplus.

Economic Weaknesses

High taxes account for almost 35% of GDP. Export oriented economy vulnerable to global economic slowdown.

Population Capital city
9,179,389 Stockholm
Currency World GNP Ranking
Swedish krona 31
GNP per Capita ($) Inflation
36900 2.6%
Unemployment Tourism visitors per year (thousands)
4.5% 16637.8

 

Source: Knight Frank Residential Research as at Dec 2007