Sweden Sweden

Subscribe to our free email alert service

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 87º 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 24 position by nominal GDP. Its national debt in 2022 was 176,777 millions of euros (186,146 millions of dollars), ( 32.9% debt-to-GDP ratio) and its public debt per capita is €16,801 euros per inhabitant$17,692 dollars per inhabitant.

The last annual rate of CPI published in Sweden was on October of 2023 and it was 6.5%.

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 [+]2023Q212,906K
Annual GDP [+]2022€562,526M
Annual GDP [+]2022$585,939M
GDP per capita [+]2022€53,640
GDP per capita [+]2022$55,689
Quarterly GDP [+]2023Q2€135,788M
Debt (M.€.) [+]2022176,777
Debt ($M) [+]2022186,146
Debt (%GDP) [+]202232.90%
Debt Per Capita [+]2022€16,801
Debt Per Capita [+]2022$17,692
Deficit (M.€) [+]20226,225
Deficit ($M) [+]20226,555
Deficit (%GDP) [+]20221.10%
Expenditure (M.€) [+]2022267,870.4
Expenditure ($M) [+]2022282,067.5
Education Expenditure (M.€) [+]201835,963.4
Education Expenditure ($M) [+]201842,441.4
Education Expenditure (%Bud.) [+]201815.67%
Gov. Health Exp. (M.€) [+]202251,038,138,782.3
Gov. Health Exp.($M) [+]199816,944,202,636.5
Gov. Health Exp. (%Bud.) [+]201718.69%
Defence Expenditure (M.€) [+]20227,354.8
Defence Expenditure ($M) [+]20227,660.9
Defence Expenditure (%Bud.) [+]20222.72%
Expenditure (%GDP) [+]202247.60%
Expenditure Per Capita [+]2022€25,459
Expenditure Per Capita [+]2022$26,809
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€701
Defence Expenditure P.C. [+]2022$728
Moody's Rating [+]03/25/2022Aaa
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 [+]October 20237.9%
Unemployment rate [+]2023Q28.3%
Unemployed [+]2023Q2481K
Average Wage [+]2022$48,988
Average Wage [+]2022€46,522
Human Capital Ranking [+]2017
Markets
Euro / Swedish kronas [+]11/28/202311.4330
US Dollar exchange rate [+]11/24/202310.4512
10-Year Bond Yield [+]11/27/20232.68%
Risk Premium [+]11/27/202314
Stock ExchangeYTD % [+]11/28/20238.39%
Prices
CPI (overall index) [+]October 20236.5%
HICP [+]October 20234.0%
PPI Year on Year [+]October 2023-7.1%
Money Market
Key rates [+]09/27/20234.00%
Business
Doing Business [+]202010º
IPI Year on Year [+]September 2023-1.5%
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) [+]202242.3%
Standard VAT [+]01/01/199625.00%
Top tax rate + SSC [+]202252.2%
Trade
Annual arrivals [+]20197,616,000
Exports [+]2022€187,956.2M
Exports [+]2022$197,917.9M
Exports % GDP [+]202233.41%
Imports [+]2022€192,224.1M
Imports [+]2022$202,412.0M
Imports % GDP [+]202234.17%
Trade balance [+]2022€-4,267.9M
Trade balance [+]2022$-4,494.1M
Trade balance % GDP [+]2022-0.76%
Retail Sales YoY [+]September 2023-4.9%
Socio-Demography
Global AgeWatch Ranking [+]2015
Density [+]202220
Global Peace Ranking [+]202328º
Crude divorce rate [+]20212.30‰
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 [+]20211.67
Crude marriage rate [+]20213.70‰
% risk of poverty [+]202216.0%
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 [+]20201,201
Suicide rate [+]202011.65
Number of homicides [+]2021113
Rate Homicides per 100.000 [+]20211.08
Energy and Environment
CO2 Tons per capita [+]20213.82
Annual crude oil production [+]19950
Consumption GWh [+]2021130,756
Generation GWh [+]2021165,267
Others
COVID-19 - Deaths [+]11/22/202325,332
COVID-19 - Confirmed [+]11/22/20232,728,931
Fully vaccinated [+]03/19/20237,593,676
COVID-19 - Deaths per million population [+]11/22/20232,407.63
Doses administered [+]11/05/202326,375,118