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Sweden

Map of Sweden with national flag

This country page is a centralised resource for the analytical work on the economy of Sweden performed by DG ECFIN. It provides links to the most important pages and documents, such as the European Commission's regular economic forecasts and the country’s compliance with the Stability and Growth Pact.

Last update: 06/07/2011

Economic forecasts for Sweden

The Commission publishes macroeconomic forecasts for the EU and the Member States twice a year, in the spring (May) and in the autumn (November). These forecasts are produced by the Directorate-General for Economic and Financial Affairs (DG ECFIN) and include a chapter on Sweden.

DG ECFIN also produces more limited "interim forecasts" in February and September, which contain one-year projections of GDP growth and consumer price inflation for the euro area, the EU and seven large Member States.

>> Macroeconomic forecasts and interim forecasts

Balance of payments (BoP) assistance for Sweden

>> Financial assistance to Sweden

Monitoring the budgetary situation in Sweden

1. Assessments of Sweden’s convergence programme

As required by the Stability and Growth Pact, at the end of each year Sweden submits an update of the medium-term fiscal strategy it first presented in January 2007. Euro area Member states submit stability programmes while countries outside the euro area submit convergence programmes. Based on an assessment by the Commission prepared by DG ECFIN, the Council adopts an opinion on each programme.

>> All programmes of Sweden, Commission assessments, Council opinions, working documents

2. The EU Excessive deficit procedure and Sweden

Currently, Sweden is subject to an excessive deficit procedure.

>> Excessive deficit procedure for Sweden

3. The Public finance report and Sweden

The Commission’s annual public finance report prepared by DG ECFIN – entitled " Public Finances in EMU" – includes comments on Sweden.

Sweden and the euro

Sweden has not yet adopted the euro as its currency. It will join the euro area as soon as it fulfils the necessary conditions as defined in the 'Maastricht' convergence criteria. Progress toward meeting these criteria is assessed by the Commission and the European Central Bank in regular convergence reports.

>> Commission convergence report covering Sweden
>> Sweden and the euro

Sweden and economic policy coordination in the EU

As part of the Europe 2020 strategy for a smart, sustainable and inclusive EU economy, Sweden reports each spring on the implementation of its national reform programme (NRP).

>> National reform programme and Commission assessment

ECFIN publications and Sweden

1. The EU and Sweden

>> EMU@10 website

2. Country focus on Sweden

The Country Focus series produced by DG ECFIN provides a concise analysis, set within the broader economic and policy debate, of a topical economic issue concerning one or more Member State(s). Country Focus issues on Sweden are listed below, the most recent first.

>> The Swedish labour market model: performance under outside pressures (July 2006)
>> How bright are the Nordic lights? (July 2005)
>> Swedish budget rules: praise from Brussels, pressure at home (March 2005)
>> Too many ill Swedes? (February 2004)

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