SwedenChapitres
Sweden is a highly developed country with a diversified economy and strong public institutions. It enjoys a high standard of living, stable governance, and a well-functioning social system, making it one of the most resilient countries in Europe. Key industries include manufacturing, technology, and services, and the country is well integrated into global markets, supporting trade and investment. Despite these strengths, Sweden faces challenges such as high household debt, vulnerabilities in the housing market, and exposure to global economic fluctuations. Overall, the country combines economic stability, innovation, and skilled labour with ongoing efforts to manage structural risks and maintain sustainable growth.
Source: Coface
Indicateurs clés
- Surface
- 450,295 sq km
- Population
- 10,569,709 (2024)
- Type de gouvernement
- parliamentary constitutional monarchy
- Langues
- Swedish (official), unofficial languages/dialects (South Swedish, Götamål, Svealand Swedish, Norrland, and Gutnish, among others
- PIB
- $603.72 billion (2024)
- Taux de croissance
- 0.8% (2024)
- HDI
- 5
- Capitale
- Stockholm
Indicateurs macroéconomiques
After a period of higher inflation and interest rates weighing on the confidence and spending decisions of Swedish households and corporations, conditions are now in place to support a recovery in domestic demand, primarily driven by household consumption, which had remained sluggish in the first part of 2025. Real GDP growth in 2025 is expected to average 1.5 %. In 2026, real household disposable income is set to be supported by fiscal measures, including tax reductions and lower indirect tax on food, gains in real wages, lower interest rates and falling inflation, all factors expected to contribute to increasing private consumption. Gross fixed capital formation is also expected to contribute to the upturn given increases in public investment, including capital outlays on defence, while the previous drag from housing construction is bottoming out. With improving business and consumer confidence, economic growth is set to reach 2.6% in 2026. In 2027, continued albeit slightly weaker momentum in domestic demand and some recovery in exports are projected to allow real GDP growth to grow by 2.3%. The balance of risks remains tilted to the downside, hinging on the willingness of households and firms to consume and invest in the current volatile global environment.
Source: European Commision
IMF Statitics:
| Subject descriptor | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
|
All Items, Consumer price index (CPI), Period average, percent change Percent (Units) |
5.909 |
2.004 |
2.306 |
1.6 |
1.9 |
|
Current account balance (credit less debit), Percent of GDP Percent (Units) |
5.813 |
5.93 |
5.838 |
5.736 |
5.63 |
|
Current account balance (credit less debit), US dollar US dollar (Billions) |
33.656 |
35.798 |
38.666 |
40.809 |
41.694 |
|
Exports of goods and services, Volume, Free on board (FOB), Percent change Percent (Units) |
2.58 |
2.13 |
0.816 |
1.229 |
2.67 |
|
Gross domestic product (GDP), Constant prices, Percent change Percent (Units) |
-0.204 |
0.82 |
0.75 |
1.932 |
1.784 |
|
Gross domestic product (GDP), Current prices, Per capita, US dollar US dollar (Units) |
54871.777 |
57020.378 |
62036.06 |
66123.903 |
68319.996 |
|
Gross domestic product (GDP), Current prices, US dollar US dollar (Billions) |
578.991 |
603.715 |
662.318 |
711.503 |
740.513 |
|
Imports of goods and services, Volume, Cost insurance freight (CIF), Percent change Percent (Units) |
-0.608 |
2.057 |
0.602 |
1.629 |
2.912 |
|
Unemployment rate |
7.667 |
8.35 |
8.992 |
8.425 |
8.275 |
Estimates
Source: IMF Statistics - Sweden
Le Luxembourg et le pays
Existing conventions and agreements
Non double taxation agreement
In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.
- Convention from 14.10.1996 (Memorial 1998, A No.3, p.30)
- Effective as of 01.01.2010 (Memorial 1998, A No.3, p.30)
- Amendment of the Convention from 07.09.2010 (Memorial 2011, A No.146, p.2035)
Air Services agreement
- Agreement from 11.17.1952 (Memorial 1953, p. 735)
- Effective as of 07.21.1953 (Memorial 1953, p. 1079)
Informations supplémentaires
Foreign Trade
The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.
You can see the statistics on the website of the Statec.
Contact points in Sweden
Embassy of the Grand Duchy of Luxembourg in Copenhagen
Ambassador with residence in Copenhagen: Mr Henri SCHUMACHER
05, Fridtjof Nansens Plads
DK - 2100 Copenhagen
Tel.: (+45) 35 26 82 00
Fax: (+45)35 26 82 08
E-Mail: copenhague.amb@mae.etat.lu
Website: copenhague.mae.lu
Honorary Consul
Stockholm
Honorary Consul with jurisdiction over Stockholm: Mr Peter JOHNSON
Mailing Address:
Strandvägen 5A
SE-11451 Stockholm
Sweden
Tel.: (+46) 8 679 60 19/ (+46) 721 67 5515
E-mail: stockholm@consul-hon.lu
Source: Ministry of Foreign Affairs of Luxembourg
Country risk as defined by Office du Ducroire for Sweden
Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.
Link: Ducroire Office – Country Risk for Sweden