Executive Summary

Following the Covid-19 crisis, Sweden’s economic growth has resumed, with GDP increasing by 4.1% in 2021. Current estimates predict that this Swedish economic rebound will fall to 3.4% in 2022, due to rising inflation. The downward trend in GDP growth is expected to continue in the coming years, with a forecast of 2.1% of GDP in 2023, which will most likely be revised further downwards in the coming months due to the impact of the war in Ukraine. The level of public debt remains very low in Sweden compared to Europe and the rest of the world: 40.7% in 2021 (38.5% in 2020). However, private households are considerably indebted and private savings are low.
Read more here
By Embassy of Switzerland in Sweden, 30 June 2022
MORE NEWS