Economic growth has been strong, but is projected to decline. Shortages of qualified labour and constructible land will slow residential investment, while uncertainty about global demand will slow business investment. Modest real wage gains will continue to damp consumption. The unemployment rate is levelling off as difficult-to-hire low-skilled workers make up a rising share of jobseekers. Labour market tightening will help lift inflation gradually.
Sweden’s good reputation for a clean environment may be deserved, but there are murky spots. True, it gained high marks in the recent OECD Environmental Performance Review of Sweden. It was one of the first OECD countries to cut its use of environmentally harmful chemicals, and is one of the few OECD countries on track to meet their commitments under the Kyoto Protocol to limit greenhouse gas emissions.
Sweden Snapshot 2013
Find key economic figures and trends for Sweden from OECD Yearbook 2013
Stay up-to-date with the latest news from the OECD by signing up for our e-newsletter :