IMF..............................................WB.........................................CIA
rank/measure.................................rank/measure............................rank/measure
8/49,603.....................................7/48,584....................................9/50,415
 | |
| Rank | 21st (nominal) / 33rd (PPP) |
|---|---|
| Currency | Swedish krona (SEK, kr) |
| Fiscal year | calendar year |
| Trade organisations | EU, OSCE, WTO, OECD and others |
| Statistics | |
| GDP | $385.1 billion (2012 est.) (PPP) |
| GDP growth |  0.9% (2012 est.)[1] |
| GDP per capita | $40,300 (2012 est.) (PPP) |
| GDP by sector | agriculture: 1.8%, industry: 27.4%, services: 70.8 % (2012 est.) |
| Inflation (CPI) |  0.9% (2012 est.) |
| Gini coefficient | 23 (2005) |
| Labour force | 5.143 million (August 2013)[2] |
| Labour force by occupation | agriculture: 1.1%, industry: 28.2%, services: 70.7% (2008 est.) |
| Unemployment | 8.0% (August 2013)[3] |
| Average gross salary | 3,911 € / 5,279 $, monthly (2006)[4] |
| Average net salary | 2,155 € / 2,910 $, monthly (2006)[4] |
| Main industries | telecommunications equipment, wood pulp and paper products, motor vehicles, pharmaceutical products, iron and steel |
| Ease of doing business rank | 13th[5] |
| External | |
| Exports | $178.5 billion (2012 est.)[6] |
| Export goods | machinery, motor vehicles, paper products, pulp and wood, iron and steel products, chemicals, military armaments |
| Main export partners |  Norway 10.4% Germany 10.3% United Kingdom 8.1% Denmark 6.7% Finland 6.7% Netherlands 5.5% United States 5.5% Belgium 5.0% France 4.8% (2012 est.)[7] |
| Imports | $163.3 billion (2012 est.) |
| Import goods | machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs, clothing |
| Main import partners | Germany 17.4% Denmark 8.5% Norway 8.4% United Kingdom 6.5% Netherlands 6.4% Russia 5.6% Finland 5.1% China 4.9% France 4.2% (2012 est.)[8] |
| FDI stock | $488.2 billion (31 December 2012 est.) |
| Gross external debt | |
The economy of Sweden is a developed export-oriented diverse economy aided by timber, hydropower, and iron ore. These constitute the resource base of an economy oriented toward foreign trade. The main industries include motor vehicles, telecommunications,pharmaceuticals, industrial machines, precision equipment, chemical goods, home goods and appliances, forestry, iron, and steel. Traditionally a modernised agricultural economy that used to employ over half of the domestic workforce, today Sweden further develops engineering, mine, steel, and pulp industries that are competitive internationally, such as the companies LM Ericsson, ASEA/ABB, SKF, Alfa Laval, Aga, and Dyno Nobel.
Sweden is a highly competitive capitalist economy featuring a generous universal welfare state financed through relatively high income taxes that ensures that income is distributed across the entire society, a model sometimes called the Nordic model. Approximately 90% of all resources and companies are privately owned, with a minority of 5% owned by the state and another 5% operating as either consumer or producer cooperatives.
Because Sweden as a neutral country did not actively participate in World War II, it did not have to rebuild its economic base, banking system, and country as a whole, as did many other European countries. Sweden has achieved a high standard of living under a mixed system of high-tech capitalism and extensive welfare benefits. Sweden has the second highest total tax revenue behind Denmark, as a share of the country's income. As of 2012, total tax revenue was 44.2% of GDP, down from 48.3% in 2006.
