Kingdom of Sweden

Capital: Stockholm          HDI: 0.898 (12th)

Language: Swedish

GDP (PPP): $448.2 billion

Population: ~ 9.8 million

Currency: Swedish Krona

Sweden is the largest of the Nordic economies and benefits from a wealth of natural resources, development of a high-tech economy, a well-structured welfare program, and one of the highest standards of living. The economy is export-oriented and the nation has capitalized on the globalizing market for Swedish products; major international companies include Ikea, Volvo, Ericsson, Nordea, and Electrolux. Sweden is currently ranked 8th in ease of doing business by the World Bank group and was ranked in the top 5 countries with the most competitive markets. The financial outlook for the country looks good with a relatively high growth rate for an EU nation.





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