Sweden Economy - 1986

GEOGRAPHICAL NAMES 

GDP: $96.0 billion, $11,510 per capita (1984); 51.9% private consumption, 28.8% government consumption, 12.9% private investment; 6.0% public investment; —1.0% change in stock building; 1.4% net exports of goodsand services; 1984 growth rate, 3.3%

Natural resources: zinc, iron, lead, copper, silver, gold, forests, hydroelectric power

Agriculture, animal husbandry predomi nates, with milk and dairy products accounting for 37% of farm income; main crops— grains, sugar beets, potatoes; 100% self-sufficient in grains and potatoes, 85% self-sufficient in sugar beets

Fishing: catch 285,000 metric tons (1984), exports $77 million imports $196.0 million

Major industries: iron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, motor vehicles

Shortages: coal petroleum, textile fibers, potash, salt, oils and fats, tropical products

Crude steel. 4.7 million metric tons produced (1984), 564 kg per capita

Electric power: 38,956,000 kW capacity (1985); 129.6 billion kWh produced (1985), 15,543 kWh per capita

Exports $29.0 billion (f.o.b., 1984); machinery, motor vehicles, paper products, pulp and wood, iron and steel products, chemicals, petroleum and petroleum prixlucts

Imports $26.33 billion (c.i.f.. 1984), machinery, petroleum and petroleum products, chemicals, motor vehicles, foodstuffs, iron and steel, clothing

Major trade partners: EC 50 2%, other developed 34.9%, non-OPEC less developed countries 5.5%, OPEC 4 5%, CEMA 4 9% (1984)

Aid: donor—ODA and OOF economic aid commitments (1970-83), $5.4 billion

Budget: (1984/85) revenues $31.0 billion, expenditures $38 7 billion, deficit $7.7 billion

Monetary conversion rate: 7.8 kronor=US$l (November 1985 average)

Fiscal year. 1 July-30 June

NOTE: The information regarding Sweden on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Sweden 1986 information contained here. All suggestions for corrections of any errors about Sweden 1986 should be addressed to the CIA or the source cited on each page.