Sweden is a federal state located in Northern Europe, bordering the Baltic Sea, the Gulf of Bothnia, Finland, and Norway. The country covers an area of 449,964 square kilometers (173,732 square miles). The Swedish GDP growth rate was hampered by the 2008-2009 global financial crisis, which affected its overall performance during 2001-2012. Global GDP is expected to grow to $99.5 trillion by 2018, while Sweden’s economy is likely to grow $591 billion at the current price by 2018 with slight growth during 2013 to 2018.
Lucintel, a leading global Management Consulting and market research firm, has conducted a competitive analysis on this country and presents its findings in “Sweden Country Analysis 2013-201: An Evaluation of Political, Social, Economic, and Social Risk.” This study provides a concise overview of the political, economical, social, technological, and business risk associated with the country. The scope of the study includes forecasts of GDP and population for the next five years.
Lucintel discusses the various challenges faced by Sweden. After the economic slowdown, the Swedish economy recovered with a moderate GDP growth rate in 2010. The country has high household debt. Deleveraging of the household sector, which is in great disorder, can affect the banking sector of the country. This is one of the major challenges faced by Sweden. In addition, the country has an aging population, which is gradually becoming a threat to the Swedish economy, as the costs for health care and social services rise.
Lucintel's study encompasses the major drivers. Sweden has robust policy frameworks and sustained reform initiatives that have helped the country endure the economic crisis. Sweden has a high per capita income, ranking it as the world’s tenth-richest economy by that measure. It forms the backbone of Swedish economy, especially for the consumer durable industry.
This report highlights different aspects of the country including its location, economic performance, quarterly trend, sectoral contribution, foreign direct investment by industry, population trend, per capita income, trend of inflation, balance of payment, budget deficit, trade structure, foreign exchange reserve and exchange rates, and R&D expenditure.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com.