Sweden

Sweden has a wealthy, highly competitive, and innovative economy that blends a strong export-oriented private sector with an extensive welfare state, consistently ranking among the world's most advanced and equal societies.

An EU member outside the eurozone, Sweden is a global leader in engineering, telecommunications, and design, home to an outsized number of multinationals and successful startups for its size.

Key Sectors

Strengths include vehicles and machinery (Volvo, Scania), telecommunications (Ericsson), pharmaceuticals, forestry and paper, steel and iron ore, and a thriving technology, music, and gaming sector.