Sweden Reports GDP Growth, Lower Inflation, Net Emigration
According to a Bloomberg column by Adrian Wooldridge, Sweden is experiencing economic growth alongside social policy changes. The country’s GDP is projected to grow by 1.8% to 1.9% this year, with headline inflation at 1.5% and a debt-to-GDP ratio just above 35%, one of the lowest in the world. However, the economy recently endured a bout of stagnation, unemployment stands at 9.4%, and Sweden has one of Europe’s highest rates of household debt. The business environment is described as healthy, particularly in business-to-business sectors, with Sweden having the highest number of unicorns per capita in Europe, including Spotify, and a strong manufacturing and engineering sector. Sweden also experienced its first net emigration in 50 years, attributed to higher minimum wages for labor visas, tougher citizenship tests, and financial payouts of up to $37,000 for refugees who volunteer to leave. Additionally, the country reported a 63% drop in shootings, from 390 in 2022 to 147 by the end of 2025, following increased police numbers, tougher penal codes, expanded stop-and-search powers, and a lowered age of criminal responsibility to 14.
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Sources: marginalrevolution.com
