Original publication: July 2017
Author: Christina Ratcliff, Research Administrator
Short link to this post: http://bit.ly/2o4M7pB

This overview of the transport and tourism sectors in Sweden was prepared to provide information for the
mission of the Transport and Tourism Committee to the country in 2017 (17-19 July).

 

Introduction

Sweden is the third largest country in the European Union (EU) by surface area (438,574 km2 ) and has the largest population of the Nordic countries (9.747 million inhabitants estimated in 2015). It is bordered by Norway to the west and Finland to the east. To the south, Sweden is connected to Denmark by the Øresund Bridge, the longest combined road and rail bridge in Europe. It is a combined two track rail and four lane road bridge and tunnel that crosses the Øresund Strait between the two countries. The works started in 1995 and the link was opened to traffic on 1 July 2000, with a project cost of EUR 2.7 billion.

The country became a member of the EU on the 1st of January 1995 and its political system is a parliamentary constitutional monarchy. The currency is the Swedish krona (SEK) and there is currently no target date to adopt the euro.

The country’s unemployment rate is forecast to level off at 6.6% in 2017 and 2018 (please see Table 1 below) and in 2015, the share of women employed in transport corresponded exactly to the EU average (22%). The employment share in high-growth transport enterprises has carried on decreasing slightly over the past few years, but in 2014, it was still well above EU average.

Table 1: Macro-Economic Forecasts for Sweden

The country’s unemployment rate is forecast to level off at 6.6% in 2017 and 2018 and in 2015, the share of women employed in transport corresponded exactly to the EU average (22%). The employment share in high-growth transport enterprises has carried on decreasing slightly over the past few years, but in 2014, it was still well above EU average.

Link to the full study: http://bit.ly/601-987

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