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SWEDEN Fact sheets are updated biannually; June and December General information Capital: Land area: Official language(s): Population: Currency: Stockholm 407,340 sq km Swedish 9.9 million (2015) Krona Head of State HM King Carl XVI Gustaf Head of Government Prime Minister Mr Stefan Löfven 2011 2012 2013 2014 2015 2016 563.1 59,381.9 414.6 43,719.3 2.7 34.4 6.1 1.4 7.8 543.9 56,915.7 421.0 44,057.8 -0.3 32.0 5.9 0.9 8.0 578.7 60,005.2 433.2 44,913.6 1.2 34.9 6.0 0.4 8.0 571.1 58,590.3 450.3 46,195.4 2.3 30.6 5.4 0.2 7.9 492.6 49,866.3 473.4 47,922.2 4.1 29.2 5.9 0.7 7.4 512.7 51,136.0 495.6 49,424.5 3.7 29.5 5.8 1.1 6.8 Economic indicators (a) GDP (US$b) (current prices) GDP per capita (US$) GDP PPP (Int'l $b) GDP per capita PPP (Int'l $) Real GDP growth (% change yoy) Current account balance (US$b) Current account balance (% GDP) Inflation (% change yoy) Unemployment (% labour force) Australia's trade and investment relationship with Sweden (b) Australian merchandise trade with Sweden, 2015 (A$m) Exports to Sweden Imports from Sweden Total merchandise trade (exports + imports) 276 1,941 2,216 Major Australian exports, 2015 (A$m) Coal Alcoholic beverages Fruit & nuts Vehicle parts & accessories 170 21 7 5 Australia's trade in services with Sweden, 2015 (A$m) Exports of services to Sweden Imports of services from Sweden 267 289 Major Australian services exports, 2015 (A$m) Personal travel excluding education Education-related travel 134 57 Total share 0.1% 0.7% 0.4% Rank 48th 25th 29th Growth (yoy) 0.6% -5.2% -4.5% Major Australian imports, 2015 (A$m) Pharm products (excl medicaments) Medicaments (incl veterinary) Vehicle parts & accessories Civil engineering equipment & parts 292 190 150 86 Total share 0.4% 0.4% Rank 35th 32nd Growth (yoy) 2.3% 40.3% Major Australian services imports, 2015 (A$m) Telecommunications, Computer and Information Services Personal travel excluding education Australia's investment relationship with Sweden, 2015 (A$m) Australia's investment in Sweden Sweden's investment in Australia Total 7,623 6,804 158 67 FDI 353 1,857 Sweden's global merchandise trade relationships Sweden's principal export destinations, 2015 1 Norway 2 Germany 3 United States 18 Australia 10.1% 10.0% 7.3% 1.0% Sweden's principal import sources, 2015 1 Germany 2 The Netherlands 3 Norway 41 Australia 18.0% 8.3% 8.2% 0.2% Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources. (a) Economic indicators data is from the IMF WEO where available, the EIU or other reputable source. Data may include forecasts or projections for recent years. GNI may be shown in lieu of GDP for countries where GDP data is unavailable. (b) Merchandise trade data is based on published and unpublished ABS data. May exclude confidential items of trade. Totals may not add up due to rounding. Investment data is stocks as at end December. All data may be subject to future revisions. GDP - Gross Domestic Product PPP - Purchasing power parity GNI - Gross National Income na - Data is not available np - Data is not published .. - Data is not meaningful Primary - Primary goods STM - Simply transformed manufactures ETM - Elaborately transformed manufactures Other - Other goods including non-monetary gold f.c.f. - Fresh, chilled or frozen nes - Not elsewhere specified