{
  "title": "Sweden: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden",
  "publication": "IMF Staff Country Reports, November 17, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/11/17/sweden-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-45413",
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  "summary": "This 2017 Article IV Consultation highlights Sweden’s continued strong economic growth. Real GDP is expected to rise by 3.1 percent in 2017, driven by both domestic demand and exports growing at a similar pace. Robust job creation of over 2 percent has lowered unemployment to 6.8 percent, or just 4.",
  "sections": [
    {
      "heading": "Economic growth and demand",
      "content": "- Real GDP is expected to rise by 3.1 percent in 2017.\n- Growth is driven by both domestic demand and exports growing at a similar pace."
    },
    {
      "heading": "Labor market and employment",
      "content": "- Robust job creation of over 2 percent has lowered unemployment to 6.8 percent.\n- Unemployment is 4.5 percent when excluding full-time students."
    },
    {
      "heading": "Housing market and household credit",
      "content": "- Housing price increases moderated to 7 percent year over year in September 2017.\n- Large increases in new dwelling construction have contributed to signs of further market cooling in recent months.\n- Household credit growth has eased somewhat in 2017."
    },
    {
      "heading": "Fiscal position",
      "content": "- Unexpectedly strong government revenues in 2016 have carried forward into 2017.\n- The general government fiscal surplus is projected at 1 percent of GDP.\n\nSource: Sweden: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden (International Monetary Fund, November 17, 2017).\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
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    "Published: November 17, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484329634.002",
    "Real GDP is expected to rise by 3.1 percent in 2017.",
    "Growth is driven by both domestic demand and exports growing at a similar pace.",
    "Robust job creation of over 2 percent has lowered unemployment to 6.8 percent.",
    "Unemployment is 4.5 percent when excluding full-time students.",
    "Large increases in new dwelling construction have contributed to signs of further market cooling in recent months.",
    "Household credit growth has eased somewhat in 2017.",
    "Unexpectedly strong government revenues in 2016 have carried forward into 2017.",
    "The general government fiscal surplus is projected at 1 percent of GDP.",
    "**Country Report**"
  ],
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