Gross regional product (GRP) for every capita in thousands of kronor (2014) Sweden is definitely the twelfth-richest country in the world with regard to GDP (gross domestic solution) for each capita in addition to a superior regular of dwelling is professional by its citizens. Sweden is an export-oriented mixed financial system. Timber, hydropower

Sweden's engineering sector accounts for 50% of output and exports, when telecommunications, the automotive sector and the pharmaceutical industries may also be of good relevance. Sweden is definitely the ninth-biggest arms exporter on the earth. Agriculture accounts for 2% of GDP and work. The place ranks amid the very best for phone and Internet

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