Sweden Sweden

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Sweden, is a country located at Northern Europe, it has an area of 528,861 Km2.

Sweden, with a population of 10,521,556 people, it is ranked at 88º position by population of 196 countries and it has a moderate population density, 20 people per km2.

It's capital is Stockholm and its currency is Swedish kronas

Sweden is holding the 25 position by nominal GDP. Its national debt in 2023 was 177,173 millions of euros (191,577 millions of dollars), ( 31.2% debt-to-GDP ratio) and its public debt per capita is €16,839 euros per inhabitant$18,208 dollars per inhabitant.

The last annual rate of CPI published in Sweden was on March of 2024 and it was 4.1%.

In terms of the human development index (HDI) of Sweden, which is the index used by the United Nations to measure the progress of a country, was 0.947 points in 2021, leaving it in 7th place in the table of 191 countries published.

If the reason to visit Sweden are business, you must know it's in the 10th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Sweden, if you want to see information about other countries click here

Stockholm: Monthly Temp.
Stockholm: Monthly Rainfall
Sweden Economy
Gouvernement
Qu. GDP Per Capita [+]2023Q413,142K
Annual GDP [+]2023€548,373M
Annual GDP [+]2023$592,956M
GDP per capita [+]2023€52,040
GDP per capita [+]2023$56,356
Quarterly GDP [+]2023Q4€138,269M
Debt (M.€.) [+]2023177,173
Debt ($M) [+]2023191,577
Debt (%GDP) [+]202331.20%
Debt Per Capita [+]2023€16,839
Debt Per Capita [+]2023$18,208
Deficit (M.€) [+]2023-3,516
Deficit ($M) [+]2023-3,802
Deficit (%GDP) [+]2023-0.60%
Expenditure (M.€) [+]2023263,220.5
Expenditure ($M) [+]2023284,620.3
Education Expenditure (M.€) [+]201835,963.4
Education Expenditure ($M) [+]201842,441.4
Education Expenditure (%Bud.) [+]201815.67%
Gov. Health Exp. (M.€) [+]202251,038,138,782.3
Gov. Health Exp.($M) [+]199816,944,202,636.5
Gov. Health Exp. (%Bud.) [+]201718.69%
Defence Expenditure (M.€) [+]20227,345.1
Defence Expenditure ($M) [+]20227,729.6
Defence Expenditure (%Bud.) [+]20222.72%
Expenditure (%GDP) [+]202348.00%
Expenditure Per Capita [+]2023€25,017
Expenditure Per Capita [+]2023$27,051
Education Expenditure P.C [+]2018€3,535
Education Expenditure P.C [+]2018$4,149
Gov. Health Exp. P.C. [+]2022€4,883
Gov. Health Exp. P.C. [+]2017$4,942
Defence Expenditure P.C. [+]2022€700
Defence Expenditure P.C. [+]2022$735
Moody's Rating [+]02/23/2024Aaa
S&P Rating [+]02/16/2004AAA
Fitch Rating [+]12/06/2019AAA
Corruption Index [+]202283
Competitiveness Ranking [+]2019
Fragile States Index [+]201820.8
RTI Raking [+]202239º
Innovation Ranking [+]2018
Labour
Unemployment Rate [+]March 20248.6%
Unemployment rate [+]2023Q47.4%
Unemployed [+]2023Q4418K
Average Wage [+]2022$48,988
Average Wage [+]2022€46,522
Human Capital Ranking [+]2017
Markets
Euro / Swedish kronas [+]04/26/202411.7052
US Dollar exchange rate [+]04/26/202410.9251
10-Year Bond Yield [+]04/25/20242.59%
Risk Premium [+]04/25/2024-4
Stock ExchangeYTD % [+]04/26/20246.75%
Prices
CPI (overall index) [+]March 20244.1%
HICP [+]March 20242.3%
PPI Year on Year [+]February 2024-1.5%
Money Market
Key rates [+]09/27/20234.00%
Business
Doing Business [+]202010º
IPI Year on Year [+]February 2024-2.7%
Passengers vehicles Year [+]December 2022288,087
Annual Vehicles/ 1,000 p. [+]December 202231.35
Motor vehicle production [+]2017226,000
Vehicles / 1,000 people [+]2021544.53
Taxes
Tax Revenue (%GDP) [+]202341.3%
Standard VAT [+]01/01/199625.00%
Top tax rate + SSC [+]202252.2%
Trade
Annual arrivals [+]20197,616,000
Exports [+]2023€183,084.4M
Exports [+]2023$197,859.7M
Exports % GDP [+]202333.39%
Imports [+]2023€178,251.5M
Imports [+]2023$193,015.6M
Imports % GDP [+]202332.51%
Trade balance [+]2023€4,832.9M
Trade balance [+]2023$4,844.1M
Trade balance % GDP [+]20230.88%
Retail Sales YoY [+]December 2023-7.7%
Socio-Demography
Global AgeWatch Ranking [+]2015
Density [+]202220
Global Peace Ranking [+]202328º
Crude divorce rate [+]20222.10‰
Remittance received ($M) [+]20172,819.4
% Immigrant [+]202019.31%
% Emigrant [+]20203.16%
Birth Rate [+]202210.00‰
Remittance sent ($M) [+]20173,684.0
Crude death rate [+]20229.00‰
Fertility Rate [+]20221.53
Crude marriage rate [+]20224.60‰
% risk of poverty [+]202316.1%
Population [+]202210,521,556
Immigrant stock [+]20202,003,908
Emigrant stock [+]2020327,581
HDI [+]20210.947
Gender Gap Ranking [+]2023
Life expectancy [+]202283.10
Suicides [+]20211,252
Suicide rate [+]202111.87
Number of homicides [+]2022116
Rate Homicides per 100.000 [+]20221.10
Energy and Environment
CO2 Tons per capita [+]20223.69
Annual crude oil production [+]19950
Consumption GWh [+]2022129,934
Generation GWh [+]2022173,754
Others
COVID-19 - Deaths [+]04/14/202427,269
COVID-19 - Confirmed [+]04/14/20242,751,572
Fully vaccinated [+]03/19/20237,593,676
COVID-19 - Deaths per million population [+]04/14/20242,591.73
Doses administered [+]02/26/202428,312,817