National Economic Overview of Swedenby isaac mutch
Sweden is in Europe, it's neighbored by Norway and Finland. The capital of Sweden is Stockholm is also the largest city in Sweden, the country's population is 9.799 million people. Sweden's currency is Swedish krona.
Economic History of Sweden
In 1790-1815 there was Agricultural revolution and Industrialization. From 1815-1850 there was Industrial revolution, regional specialization and institutional changes. From 1850-1890 Export growth, railroads and investment take off. From 1890-1950 Second industrial revolution.
Sweden's GDP per capita is 50,272.94 U.S. Dollar.
Sweden's Income per capita is 47,390 PPP dollars.
Sweden's Sources of Income
Sweden's main source of income is timber, hydro-power, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade.
Sweden's debt is 43.9% of GDP as of 2015.
Sweden's Main Trading Partners
Sweden's mainly trade with Germany 10.1%, Norway 9.9%, U.K. 7.6%, U.S. 7.3%, Denmark 6.5%, Finland 6.2%, France 5.1%, Netherlands 4.7%, Belgium 3.9%, China 3.1%
Sweden's growth is slowing down and the unemployment rate is going every year. There repo rate is going down every year since middle of 2011.
Created with images by jan_nijman - "mill sweden öland" • Picudio - "flag sweden swedish flag" • Francisco Anzola - "Uppsala City Hall" • Jorge Lascar - "The Royal Palace in Oslo (Slottet)" • tpsdave - "stockholm sweden city" • Mads Boedker - "Farm" • Bengt Nyman - "Christmas_2738" • 705847 - "reflection city water" • A.Cahlenstein Photography - "Cold spring day" • aljuarez - "Stockholm, Sweden"