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Finances of Sweden

The monthly minimum wage is not regulated by the state in Sweden. Sweden has a public debt of 38.6% of the country's gross domestic product (GDP), as determined in 2012. In relation to consumer prices, the inflation rate in Sweden is 0.1%. The currency of Sweden is the Swedish krona. The plural form of the word Swedish krona is krone. The symbol used for this currency is kr and is abbreviated as SEK. The Swedish krona is divided into ore; There are 100 in a crown. Every year, consumers spend around $270,762 million. The ratio of consumer spending to GDP in Sweden is 0.05%, and the ratio of consumer spending to the world consumer market is 63%. Corporate tax in Sweden is 22%. Personal income tax ranges from 31% to 59.7% depending on your specific situation and income level. VAT in Sweden is 25%.

Gross domestic product
The total gross domestic product (GDP), calculated as purchasing power parity (PPP), in Sweden is $450,517 billion. The gross domestic product (GDP) in Sweden, calculated as purchasing power parity (PPP) per capita, was most recently at $45,129,734. The PPP in Sweden is considered very good compared to other countries. A very good PPP indicates that citizens in this country find it easy to buy local goods. Local goods may include food, shelter, clothing, health care, personal care, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good purchasing power parities are safe locations for investments. The total gross domestic product (GDP) in Sweden is 579,680 billion. Based on these statistics, Sweden is considered a large economy. Countries with large economies support a variety of industries and businesses and offer numerous investment opportunities. Large economies have extensive financial sectors that facilitate the organization of investments and financial transactions. It should be very easy to find good investment opportunities in Sweden. The gross domestic product (GDP) per capita in Sweden was most recently at $58,068,406. The average citizen in Sweden has a very high level of wealth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. There are highly skilled workers in many industries, and labor is very expensive in these countries. Very wealthy countries offer opportunities for safe investments as they are often supported by a diverse and thriving financial sector. The annual GDP growth rate in Sweden averaged 2.1% in 2014. According to this percentage, Sweden is currently experiencing modest growth. Countries with modest growth offer safe investment opportunities; Their expanding economy suggests that businesses, jobs and incomes will grow accordingly.

https://www.confiduss.com/en/jurisdictions/sweden/economy/finance/