Sweden

Region: Europe and North America
 

Classification of economies by geographic region is based on that of the United Nations Statistics Division.

High Income
 

Based on the income levels set out by the World Economic Forum (WEF) in its Global Competitiveness Report. However, the groupings are slightly different due to the numbers of economies covered. For GEM, the low income group contains both those classified as low income and lower middle by WEF, and the middle income group has those that WEF groups as upper middle. High income is the same for both GEM and WEF.

Population: 10 million (2018)
 

Population data is from the World Bank, except Palestinian Territories World Population Review and Taiwan Worldometers

GDP Growth: 2.3% (2018)
 

GDP growth data is from the World Economic Outlook Database, except Palestinian Territories Worldometers

GDP Per Capita: $52,924 (2017)
 

GDP per capita data is from the World Economic Outlook Database, except Palestinian Territories Worldometers

Sweden Reports

Name
Report information
pdf
  • Year of publication: 2021
  • Category: National Reports
  • Language: Swedish
  • Upload date: 2021-08-09

  • Entrepreneurship in Sweden is falling and the country now occupies a bottom position internationally. Despite measures and support packages initiated by the government, entrepreneurship fell from 8.3 percent in 2019 to 7.3 percent in 2020. 47 percent of new entrepreneurs believe that the government have had a sufficient response to the financial consequences of the pandemic. The corresponding figure for the established entrepreneurs is 40 percent. But crisis management seems to have come at the cost of reduced economic dynamism, shows this year’s national report of the world’s largest entrepreneurship survey Global Entrepreneurship Monitor, GEM.
  • URL: https://gemconsortium.org/report/50714
GEM Sweden 2020/2021
Report information
pdf
  • Year of publication: 2020
  • Category: National Reports
  • Language: Swedish
  • Upload date: 2021-08-09

  • Entrepreneurship is of the utmost importance in economic recovery. In light of the ongoing crisis, it is worrying that despite an increase from 6.8 percent in 2018 to 8.3 percent in 2019 - Swedish entrepreneurship is still low compared to other similar countries
  • URL: https://gemconsortium.org/report/50716
GEM Sweden 2019/2020
Report information
pdf
  • Year of publication: 2019
  • Category: National Reports
  • Language: Swedish
  • Upload date: 2019-09-25

  • In 2018, entrepreneurship again decreased in Sweden - 6.8 percent of the Swedish population is active at an early stage or operates a young company. The downward trend that began in 2013 appears to strengthen. The most dramatic change for Sweden between 2017 and 2018 is the change in women's entrepreneurship; the proportion fell by almost two percentage points or 30 percent, from just under six percent to four percent. At the same time, men's entrepreneurship increased, however not enough to counteract a total reduction in Swedish entrepreneurship. This year's GEM report devotes special attention to the gig economy. Individuals who participate in the gig economy often have a significantly higher ambition to start a company within a three-year period compared to others. Gig workers thus constitute an interesting pool of potential future entrepreneurs. Sweden needs a more in-depth analysis of both women's entrepreneurship and the emerging gig economy to devise a policy that can claim the potential welfare benefits that could arise if these sectors can grow.
  • URL: https://gemconsortium.org/report/50309
GEM Sweden 2018/2019
Report information
pdf
  • Year of publication: 2018
  • Category: National Reports
  • Language: Swedish
  • Upload date: 2018-06-19

  • In 2017, Swedish entrepreneurship decreased, 7.3 percent of the Swedish population is active at an early stage or operates a young company. Even the growth ambitions, as well as the level of innovation, have decreased according to the entrepreneurs. The decline in entrepreneurial activity depends solely on a decline in women's entrepreneurship. This year's GEM report devotes special attention to serial entrepreneurs, i.e. entrepreneurs with previous experience of entrepreneurship. Experience have a positive effect on almost all indicators in the report: perceived capabilities, fear of failure, job creation etc. The best school for entrepreneurship seems to be trying their own business. Entrepreneurial experiences enhances future entrepreneurial ventures and appears to lead to more high-performance entrepreneurs From a policy perspective, it stresses the importance of creating good conditions not only for starting businesses but also for opportunities for a second chance. The proportion of individuals claiming that fear of failure prevents them from starting a business has increased from 29 to 37 percent over the past decade. If reconstruction is made easier and cheaper and bankruptcy does not involve lifelong debt, it helps to establish more growth-oriented companies. It also signals how society values risk taking and entrepreneurship.
  • URL: https://gemconsortium.org/report/50050
GEM Sweden 2017/2018
Report information
pdf
  • Year of publication: 2017
  • Category: National Reports
  • Language: Swedish
  • Upload date: 2017-06-09

  • Entrepreneurship has increased in Sweden in 2016, 7.6 percent of the Swedish population is active at an early stage or operates a young company. In particular, women, but also older people, drive entrepreneurship forward. This is evident in this year's Swedish GEM report. Despite the positive development of Swedish entrepreneurship, the level is below average of innovation-driven countries. This year's GEM report devotes special attention to elderly entrepreneurs. A large proportion of those who run and start businesses are over 50 years old, many over 65 years old. They are less risk avert and more optimistic than their younger business colleagues. The survey also shows that almost 20 percent of the population aged 18-64 have tried to run companies earlier. Among entrepreneurs, 45 percent have done so, this indicates that the best school for entrepreneurship seems to be trying their own business. Sweden has a problem with scale up and, unfortunately, low growth ambitions are also confirmed this year. The proportion of entrepreneurs who plan to employ more than 20 people within five years, gazelle companies, is estimated to 8 percent compared with 10 percent in 2015. In the Anglo-Saxon countries, growth ambitions have increased.
  • URL: https://gemconsortium.org/report/49841
GEM Sweden 2016/2017
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