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Sweden Business Report

General information
Source: The World Factbook - Central Intelligence Agency
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Population
9,960,487 (July 2017 est.)
GDP (PPP)
$520.9 billion (2017 est.)

Largest economy of the Nordics

GDP growth rate
2.4% (2017 est.)

Healthy rate but slowing from high levels in 2015/2016

GDP (PPP) per capita
$51,500 (2017 est.)

Very high

Local currency
Swedish kronor (SEK)

Quite stable currency, it devalued in 2013

Financial stability (Public debt)
40.9% of GDP (2017 est.)

Medium to low and shrinking

Inflation
1.9% (2017 est.)

Medium and accelerating from 1.1% in 2016

Language
Swedish

English widely spoken as a second language

Corruption perception index (Source: Transparency International)
6/180

Very low level of corruption

Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT

25% standard rate Reduced rates of 12% and 6% apply on some basic goods or services
Corporate Tax

22% standard rate
Duties

EU rules apply

Whether you are looking for a European importer or you are just interested in Europe business, Globartis is the right platform for you!

We have a strong position in Europe B2B and Europe trade, especially European Union trade.

If you are interested in doing business in Sweden, or in finding Swedish manufacturing companies, we can help you.

Thousands of companies in Sweden and Swedish SMEs use Globartis for their operations.

Join our network today and find the right partner for your Sweden business.

Connect with a Swedish manufacturer or Sweden importer, or source among Sweden export to find the right product.

Join now and grow your business in Stockholm, one of the best cities for doing business in the Nordic Countries.