Sweden (SE)

Introduction:

Sverige, better known to us Americans as Sweden, is the fifth largest country in Europe. It has a population of 10.35 million people as of 2020. It is located in Northern Europe on the Scandinavian Peninsula. The languages spoken in Sweden is Swedish, however you have people who also speak English. Out of the almost 10.5 million people populating Sweden, 9.2 million of them speak English as either a first or second language! The most common religion that people identify as in Sweden is Lutheran, about 60%. Some are other religions where others do not identify all together.

Trade – Madison Wingerter

In order to look at trade, we are going to be looking at trade as percentage of Gross Domestic Product (GDP). We will be graphing total trade, import trade, and export trade all as percentage of GDP relating to Sweden. The graphs shown below are from the last fifteen years, 2007 – 2021. The information was collected using the World Development Indicators found on the World Bank’s Databank.

This is the overall trade percentage of GDP in Sweden over a span of fifteen years (2007 – 2021). Highest in 2008. Lowest in 2013.
Overall imports of goods and services measured by percentage of GDP in Sweden over a span of fifteen years (2007 – 2021). Highest 2008. Lowest 2009.
Overall exports of goods and services measured by percentage of GDP in Sweden over a span of fifteen years (2007 – 2021). Highest in 2008. Lowest 2013.

Internet Access– Clare McCurley

Sweden has had a pretty standard amount of internet access for a while, especially in the last 15 years.  First, we looked at the % of the population that has access to internet.  You see that the percent holds around 90% the whole 15 years but for the most part has a positive increase and only has a few very small decreases before going back up.  There was no data for 2021 so that explains the very large decrease at the end of the graph.  We also looked at the amount of secure internet servers and also compared it to every 1 million people.  For both of these topics there is a very positive increase from 2010-2020 (the only data that was available).  The trend holds pretty steady from 2010-2016 and then has a large increase in 2017 and then held steady again till 2020.  After that we don’t have any more data available.  https://databank.worldbank.org/reports.aspx?source=world-development-indicators

Participation in International Agreements – Madison Wingerter

International Agreements

Sweden is a part of the European Union (EU). This means that it cannot make decisions based on or around trade agreements but, Sweden can/does have an “active role” in the nonstop negotiations being made by the European Union. All of the countries included in the European Union are Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

https://www.trade.gov/country-commercial-guides/sweden-trade-agreements

https://www.gov.uk/eu-eea#:~:text=The%20EU%20countries%20are%3A,%2C%20Slovenia%2C%20Spain%20and%20Sweden.

Regional Trade Agreements

(Notifications of RTAs: goods, services, and accessions are counted separately)

In this graph, it is showing Swedens overall Evolution of RTAs. This graph goes all the way from 1948 to now, however, we are going to focus on the previous fifteen years, 2007-2021. Cumulative number of RTAs in force, cumulative notifications of RTAs in force, and cumulative notifications of RTAs in force and inactive RTAs all increased as the years progressed. Good notifications and service notifications were highest in 2014. Accessions to an RTA were highest in 2008 and 2016.

Bilateral Investment Treaties

PartySignature DateEntry Into Force DataReference to ICSID
AlbaniaMar 31, 1995Apr 01, 1996Yes
AlgeriaFeb 15, 2003Apr 01, 2005Yes
ArgentinaNov 22, 1991Sep 28, 1992Yes
ArmeniaFeb 08, 2006 No
BelarusDec 20, 1994Nov 01, 1996Yes
BoliviaSep 20, 1990Jul 03, 1992No
Bosnia and HerzegovinaOct 31, 2000Jan 01, 2002Yes
BulgariaApr 19, 1994Apr 01, 1995No
ChileMay 24, 1993Feb 13, 1996Yes
ChinaSep 27, 2004Sep 27, 2004yes
ChinaMar 29, 1982Mar 29, 1982No
CroatiaNov 23, 2000Aug 01, 2002Yes
CzechiaNov 13, 1990Sep 23, 1991Yes
Côte d’IvoireAug 27, 1965Nov 03, 1966No
EcuadorMay 31, 2001Mar 01, 2002Yes
Egypt, Arab Republic ofJul 15, 1978Jan 29, 1979Yes
EstoniaMar 31, 1992May 20, 1992Yes
EthiopiaDec 10, 2004Aug 01, 2005No
GeorgiaOct 30, 2008Apr 01, 2009No
GuatemalaFeb 12, 2004Jul 01, 2005Yes
Hong KongMay 27, 1994Jun 26, 1994No
HungaryApr 21, 1987Apr 21, 1987Yes
IndiaJul 04, 2000Apr 01, 2001Yes
IndonesiaSep 17, 1992Feb 18, 1993Yes
Iran, Islamic Republic ofSep 05, 2005Mar 02, 2008Yes
KazakhstanOct 25, 2004Aug 01, 2006Yes
Korea, Republic ofAug 30, 1995Jun 18, 1997Yes
KuwaitNov 07, 1999May 10, 2002Yes
Kyrgyz RepublicMar 08, 2002Apr 01, 2003Yes
Lao People’s Democratic RepublicAug 29, 1996Jan 01, 1997Yes
LatviaMar 10, 1992Nov 06, 1992Yes
LebanonJun 15, 2001Nov 03, 2001Yes
LithuaniaMar 17, 1992Sep 01, 1992yes
MadagascarApr 02, 1966Jun 23, 1967No
MalaysiaMar 03, 1979Jul 06, 1979Yes
MaltaAug 24, 1999Jan 01, 2000Yes
MauritiusFeb 23, 2004Jun 01, 2005Yes
MexicoOct 03, 2000Jul 01, 2001Yes
MongoliaOct 20, 2003Jun 01, 2004Yes
MoroccoSep 26, 1990 Yes
MozambiqueOct 23, 2001 Yes
NicaraguaMay 27, 1999May 01, 2003No
NigeriaApr 18, 2002Dec 01, 2006Yes
North MacedoniaMay 07, 1998Oct 01, 1998Yes
OmanJul 13, 1995Jun 08, 1996Yes
PakistanMar 12, 1981Jun 14, 1981yes
PanamaJan 15, 2008Sep 01, 2008Yes
PeruMay 03, 1994Aug 01, 1994yes
PhilippinesAug 17, 1999 Yes
PolandOct 13, 1989Jan 04, 1990No
RomaniaMay 29, 2002Apr 01, 2003Yes
Russian FederationApr 19, 1995Jun 07, 1996No
Saudi ArabiaMar 11, 2008Oct 01, 2009Yes
SenegalFeb 24, 1967Feb 23, 1968no
SerbiaNov 10, 1978Jun 03, 2006yes
Slovak RepublicNov 13, 1990Sep 23, 1991No
SloveniaOct 05, 1999May 12, 2001Yes
SloveniaNov 10, 1978Nov 21, 1979Yes
South AfricaMay 25, 1998Jan 01, 1999yes
Sri LankaApr 30, 1982Apr 30, 1982Yes
TanzaniaSep 01, 1999Mar 01, 2002Yes
ThailandFeb 18, 2000Nov 23, 2000Yes
TunisiaSep 15, 1984May 13, 1985Yes
TürkiyeApr 11, 1997Oct 08, 1998Yes
UkraineAug 15, 1995Mar 01, 1997Yes
United Arab EmiratesNov 10, 1999Mar 15, 2000Yes
UruguayJun 17, 1997Dec 01, 1999Yes
UzbekistanMay 29, 2001Oct 01, 2001Yes
Venezuela, Republica Bolivariana deNov 25, 1996Jan 05, 1998Yes
VietnamSep 08, 1993Aug 02, 1994Yes
Yemen, Republic ofOct 29, 1983Feb 23, 1984Yes
Yugoslavia, Federal Republic ofNov 10, 1978Nov 21, 1979Yes
ZimbabweOct 06, 1997Apr 01, 1996yes

Immigration/ Emigration– Clare McCurley

The graphs we are looking at represent the migration patterns in Sweden in the past 15 years.  Unfortunately, there is not much data available for some of these topics.  We only have data for 2010 and 2015 when looking at the total stock for international migration and the international migration (% of population).  International migrant stock is the number of people born in a country other than the one they live in; this also includes refugees.  For the international migration stock, total we see an increase in the thousands of people from 2010 to 2015.  There is also an increase in the international migration (% of population) from 2010 to 2015.   We are also able to look at the net migration for the past 15 years in Sweden.  The net migration is the number of immigrants minus the number of emigrants, this is including citizens and non-citizens.  As we can tell from the graph there hasn’t been a huge change in the net migration in the past 15 years only a slight decrease from 2007 to a little larger of a decrease starting in 2012 and continuing until 2017. https://databank.worldbank.org/reports.aspx?source=world-development-indicators

Foreign Direct Investment Inflows and Outflows

Madison Courts

The Foreign Direct Investment Inflows indicator is information on the value of the inward investment made from non-resident investors within the reporting country. The Foreign Direct Investment outflows indicator is information on the value of the outward investments made by the residents of the reporting economy to external economies. Both of theses indicators are represented as percentages of GDP (size of economy) because it shows the importance of Inflow and Outflows to the country’s economy. These graphs reference data from the last 15 years, from 2007 to 2021, and were obtained from the World Development Indicators available through the World Bank’s DataBank. These graphs also include data on EU Foreign Direct Investment inflows and outflows to give a comparison between them and Sweden. The EU was selected as a point of comparison because both Sweden and the EU are developed countries.

Country Time Foreign Direct Investment, Net
Inflows (% of GDP)
Foreign Direct Investment, Net
Outflows (% of GDP)
Sweden 20079.3911.38
Sweden 20088.006.72
Sweden20092.056.06
Sweden20100.134.46
Sweden20111.224.14
Sweden20120.773.17
Sweden20130.224.75
Sweden2014-1.48-0.65
Sweden20152.032.95
Sweden20163.030.25
Sweden20174.547.36
Sweden2018-0.252.31
Sweden20192.934.26
Sweden20203.384.27
Sweden2021N/AN/A
Historical Change in Foreign Direct Investment Outflow and Inflow represented by GDP % within the past 15 years
Foreign Direct Investment, net inflows, % GDP (Compared to the EU)
Foreign Direct Investment, net outflows, % GDP (Compared to the EU)
Sweden’s net inflows and outflows, net USD

Tourism – Krista DeModna

Number of Arrivals Over 15 years (2007-2021)
Number of Departures Over 15 Years (2007-2021)
CountryYearNumber of ArrivalsNumber of Depatures
Sweden20075224000no data
Sweden20084555000no data
Sweden20094899000no data
Sweden20105183000no data
Sweden201111567000no data
Sweden201212372000no data
Sweden201310980000no data
Sweden201410522000no data
Sweden20156482000no data
Sweden20166782000no data
Sweden2017705400022121000
Sweden2018744000019939000
Sweden20197616000190610000
Sweden202019570006081000
Sweden2021no datano data

Attitudes Toward Globalization – Krista DeModna

These images show the Swedish populations views and attitudes towards different categories of globalization. Both images show data for who was for, against, neutral and didn’t know, these implications and their effects on globalization in Sweden.

Business Environment

Freedom– Madison Courts

1a. Freedom within Sweden based on their political rights and civil liberties.
https://freedomhouse.org/countries/freedom-world/scores

In terms of political rights, this country does particularly well on all terms which include electoral process, political pluralism and participation, and functioning of government

In terms of civil liberties, this country does particularly well on all terms which include freedom of expression and belief, associational and organizational rights, rule of law, personal autonomy and individual rights.

Income– Madison Courts

Income represents the country’s level of development. In this case it is measured through the indicator of GNI per Capita and Income Thresholds. GNI per Capita, stands for Gross National Income of the amount per person. GNI represents the total amount of money earned by a nation’s people and business. We can use this value to track the a nation’s wealth from year to year and includes the nation’s GDP and income that it receives from overseas sources. The first graph represents the GNI per Capita compared to the income thresholds over a span of thirty years from 1990 to 2020 and were obtained from the World Bank from classifying countries by income. The second graph represents the GNI per Capita (constant 2015 US$) and references data from the last 15 years 2007-2021, and was obtained from the World Development Indicators available through the World Bank’s DataBank.

Figure 2a. This is the GNI per Capita and Income Thresholds in Sweden and China over a span of 30 years (1990-2020).

GNI per capita (constant 2015 US$)

YearGNI per Capita (constant 2015 US$)
200750,738.86
200850,292.66
200947,366.59
201049,820.02
201150,481.11
201249,880.68
201349,990.51
201450,767.83
201551,956.94
201652,282.95
201753,328.58
201853,573.48
201954,725.68
202053,080.26
202155,200.71
Table 2b. Historical Change in the country’s level of development represented by GNI per Capita within the past 15 years (2007-2021).

Market IndicatorsMadison Wingerter

Market Size (Madison Wingerter)

Figure 3a. The market size as indicated by Sweden’s GDP (constant 2015 US$) over a span of fifteen years (2007-2021).

YearGDP (constant 2015 US$)
2007449,548,772,840
2008447,559,127,029
2009428,135,998,219
2010453,619,110,973
2011468,113,753,183
2012465,359,818,585
2013470,887,249,502
2014483,402,482,698
2015505,103,781,349
2016515,562,425,649
2017528,801,679,620
2018539,113,433,183
2019549,821,281,948
2020533,633,543,173
2021559,251,216,852
Table 3b. Market size indicated by Sweden’s GDP (constant 2015 US$) from the years 2007-2021

Market Potential (Madison Wingerter)

Figure 4a. This represents Sweden’s annual percentage of GDP growth within the last fifteen years (2007-2021).

200720082009201020112012201320142015201620172018201920202021
3.44-0.45-4.345.953.20-0.591.192.664.492.072.571.951.99-2.944.80
Table 4b. Showing the annual percentage of Sweden’s GDP growth over the last fifteen years (2007-2021).

Inflation, Consumer Prices (Madison Wingerter)

Figure 5a. This shows Sweden’s annual percentage of inflation of consumer prices within the past fifteen years (2007-2021).
Year200720082009201020112012201320142015201620172018201920202021
Inflation, consumer prices (Annual %)2.213.44-0.491.162.960.89-0.04-0.18-0.050.981.791.951.780.502.16
Table 5b. Sweden’s inflation of consumer prices as an annual percentage within the last fifteen years (2007-2021).

Control of Corruption – Krista DeModna

Definition: Control of corruption captures perceptions of the extent to which public power is exercised for private gain, including both petty and grand forms of corruption, as well as “capture” of the state by elites and private interests. This table lists the individual variables from each data source used to construct this measure in the Worldwide Governance Indicators.

YearNumber of SourcesGovernance (-2.5 to +2.5)Percentile RankStandard Error
200792.2398.540.17
200892.2197.570.16
200992.2499.040.17
201092.2299.050.16
2011102.1799.580.15
2012102.2899.050.14
2013102.2498.580.14
2014102.1197.60013
2015102.1998.080.13
2016112.1598.080.14
2017112.1498.080.13
2018112.1598.080.14
2019112.1398.080.14
2020102.1398.080.15
2021102.1397.600.16
Table 6a. Percentile Rank is how Sweden compares to other countries. Governance is the score the country gets ranging from -2.5 to +2.5.
Figure 6b1. Control of Corruption over 15 years (2007-2021). The trend is very consistent with slight increases and decreases in the data throughout the time period. Graph as a “time series comparison”.
Figure 6b2. Control of Corruption over 15 years (2007-2021). The trend is very consistent with some slight increases and decreases in the data. Graph as a “graph view”.

Rule of Law – Krista DeModna

Definition: Rule of law captures perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. This table lists the individual variables from each data source used to construct this measure in the Worldwide Governance Indicators.

YearNumber of SourcesGovernance (-2.5 to +2.5)Percentile RankStandard Error
2007111.8998.090.16
2008111.9299.040.16
2009111.9699.530.16
2010121.9399.530.15
2011131.9299.060.14
2012131.9399.060.15
2013131.9599.060.15
2014121.9897.600.16
2015122.0299.040.16
2016111.9899.040.17
2017111.8599.080.16
2018111.8297.120.15
2019111.8296.630.16
2020101.8096.630.15
2021101.7394.710.16
Table 7a. Percentile Rank is how Sweden compares to other countries. Governance is the score the country gets ranging from -2.5 to +2.5
Figure 7b1. Rule of Law measured over 15 years (2007-2021). The trends are relatively consistent with a slight decrease in Governance over the last 5 years starting in 2018. Graph as a “time series conparison”.
Figure 7b2. Rule of Law measured over 15 years (2007-2021). The trends are relatovely consistent with a slight decrease in governance over the last 5 years starting in 2018. Graph as “graph view”.

Terrorism – Clare McCurley

Incidents Over Time

Figure 8a. Terrorist attacks over the last 15 years, represented by Incidents Over Time. We do not have data from 2021 or 2022 so we just have 2007-2020.

Target Type

Figure 8b. Target types and places that are normally targeted during a terrorist attack. This data is from the past 15 years (2007-2021).

Government Effectiveness- Clare McCurley

Government effectiveness captures perceptions of the quality of public services, the quality of the civil service and the degree of its independence from political pressures, the quality of policy formulation and implementation, and the credibility of the government’s commitment to such policies.

Country Year Number of SourcesGovernance (-2.5 to +2.5)Percentile RankStandard Error
Government EffectivenessSweden200772.0298.540.22
200871.9598.060.23
200972.0498.560.22
201081.9698.560.22
201181.9298.580.21
201281.9198.580.21
201381.7997.160.20
201481.6894.230.21
201581.7193.750.21
201681.6994.230.21
201781.7194.710.21
201881.7094.710.21
201981.7095.190.22
202071.7195.670.23
Table 9a. Government Effectiveness over the past 15 years (2007-2020). We see a very consistent trend in this data.
Figure 9b1. Government effectiveness measured over the past 15 years (2007-2021). This graph holds a pretty consistent trend around 80-100%.
Figure 9b2. Government effectiveness measured over the past 15 years (2007-2021). This graphs holds a pretty consistent trend around 80- 100%.