IMF Staff Country Reports

Sweden : 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden

Author/Editor:

International Monetary Fund

Publication Date:

August 11, 2008

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2008 Article IV Consultation highlights that Sweden’s economy has performed well, but is sensitive to global demand. The activity is now moderating. Exports have benefited from sound competitiveness, but euro area and U.S. slowing is causing them to decelerate. Private consumption growth has been relatively smooth, as employment and wages have picked up, and disposable income further benefited from tax cuts. Employment growth reached 2 percent, and the unemployment rate declined from 8 percent in 2005 to 6 percent in early 2008.

Series:

Country Report No. 08/278

Subject:

Article IV consultation reports Bank supervision Economic conditions Economic growth Economic indicators Exchange rates Financial sector Fiscal policy Monetary policy Public information Staff Reports

Frequency:

Biannually