Sweden: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden
November 17, 2016
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This 2016 Article IV Consultation highlights Sweden’s strong economic performance, with real GDP growth heading for about 3.4 percent in 2016 on the heels of an expansion of just over 4 percent in 2015. Employment has increased by 1.5 percent so far in 2016, pushing unemployment down to about 7 percent. Growth is expected to moderate to a still solid 2.4 percent in 2017. The fiscal deficit is expected to be small in 2016, even as migration-related government spending has almost doubled to about 1.4 percent of GDP owing to the surge in refugee inflows in 2015.
Subject: Banking, Housing, Housing prices, Income, Inflation, Labor, Labor markets, Mortgages, National accounts, Prices
Keywords: ability of Finansinspektionen, authorizing legislation, CR, Europe, Global, government, holding, Housing, Housing prices, Income, Inflation, inflation expectation, ISCR, Labor markets, liability positions vis-à-vis nonresident, macroprudential authority, money market rate, Occident
Pages:
63
Volume:
2016
DOI:
Issue:
353
Series:
Country Report No. 2016/353
Stock No:
1SWEEA2016001
ISBN:
9781475553819
ISSN:
1934-7685
