Sweden

Business Context Overview

EU Member State
Flag - Sweden
10.6M
Approx. 10.6 million inhabitants.
Population
€560–590B
Approx. €560–590 billion.
GDP (Nominal)
€53,000–€56,000
Approx. €53,000–€56,000.
GDP per Capita
1.5–2.0%
Approx. 1.5–2.0%.
GDP Growth
2.0–2.5%
Approx. 2.0–2.5%.
Inflation
8.0–8.5%
Approx. 8.0–8.5%.
Unemployment Rate
Swedish krona (SEK)
Swedish krona (SEK)
Currency
31–34%
Approx. 31–34% of GDP.
Public Debt

Economic Structure

Netherlands Sweden is an advanced, innovation-intensive economy with strong industrial capabilities and a high-value export profile.

Advanced manufacturing and engineering
ICT and digital services
Automotive
Pharmaceuticals and life sciences
Forestry and green technologies

Economic Outlook

Sweden is expected to return to moderate growth, supported by easing inflation, exports, and household stabilization. Long-term strengths include innovation, green transition leadership, and advanced industrial capabilities.

Business Environment (High-Level)

Sweden offers a business environment shaped by Advanced manufacturing and engineering, ICT and digital services, Automotive, with commercial activity supported by Machinery, Vehicles and regional market integration.

20.6%

25%

No statutory national minimum wage; wage floors are determined through collective bargaining.

EU Member State.

Typically around 4–7 days. Sweden offers a stable, transparent, and innovation-friendly business environment with strong institutional quality and high digital maturity.

Main Export Products

  • Machinery
  • Vehicles
  • Pharmaceuticals
  • Paper and wood products
  • Electronics

Main Export Partners

  • Norway
  • Germany
  • United States
  • Denmark
  • Finland
  • Netherlands Sweden is an advanced, innovation-intensive economy with strong industrial capabilities and a high-value export profile.

Data & Transparency

Data Sources:

  • IMF
  • World Bank
  • Eurostat
  • Statistics Sweden
  • OECD
  • European
  • Commission

Last Updated: April 2026

Unlock the full profile and access all relevant business information.

Stay in the discussion. For credible follow-ups about Sweden.

Unlock Full Profile

Legal Disclaimer

This profile is based on publicly available data and AI-supported analysis. It does not constitute official or legally binding information. Users are required to verify all data with relevant authorities before making decisions. We are not a governmental body, public authority, or official representative of any country unless explicitly stated.