Demographic Profile of Sweden

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    1.1 DEMOGRAPHIC PROFILE OF SWEDEN

    The Swedish population is estimated at 9,059,651

    In Sweden, with a median age of 41.5 years, the population is distributed asfollows:

    15.7% are between 0-14 years

    65.5% are between 15-64 years

    18.8% are 65 years or over.

    Almost a fifth of Swedens population has roots in other countries, with foreign or

    first-generation immigrants predominantly from Finland, Yugoslavia, Greece, andTurkey.

    The fertility rate in Sweden is currently at 1.67 children/woman (compared to the

    US 2.05 children and Denmark with 1.74).13 Total fertility rate indicates the number

    of children to be born to a woman during her reproductive span of her life. The life

    expectancy at birth for the population in France was 80.9 years in 2009, 77.8 years

    for men, and 84.3 years for women.

    At 2.5 deaths per 1,000 births, Sweden enjoys one of the lowest infant mortality

    in the world (well below the OECD average of 5.2).

    In Sweden, 17.7% of the population is over the age of 65.

    The population growth rate of Sweden is 0.163% estimated in 2011.

    The average Birth rate is 10.18 birth/1000 populations are estimated.

    The average Death rate is 10.2 birth/1000 populations are estimated.

    The Urbanization of Sweden is Urban population: 85% of total population (2010)

    Rate of urbanization: 0.6% annual rate of change (2010-15 est.)

    The life expectancy at Birth

    Total population: 81.07 years

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    Male: 78.78 years

    Female: 83.51 years (2011 estimated)

    The Ethnic Groups of Sweden is

    o Indigenous population: Swedes with Finnish and Sami minorities; foreign-born

    or first-generation immigrants: Finns, Yugoslavs, Danes, Norwegians, Greeks,

    And Turks.

    The Religions in Sweden are Lutheran 87%, other (includes Roman Catholic,

    Orthodox, Baptist, Muslim, Jewish, and Buddhist) 13%.

    The languages are used in Sweden are Swedish (official), small Sami- and

    Finnish-speaking minorities.

    The Education expenditure of Sweden is 6.6% of GDP.

    The Health expenditure of Sweden is 9.9% of GDP.

    The Literacy rate of Sweden is

    Definition: age 15 and over can read and write

    Total Population: 99%

    Male: 99%

    Female: 99%

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    1.2 ECONOMIC OVERVIEW OF SWEDEN

    Sweden has achieved an enviable standard of living under a mixed system of

    high-tech capitalism and extensive welfare benefits. It has a modern distribution

    system, excellent internal and external communications, and a skilled labor force.

    In September 2003, Swedish voters turned down entry into the euro system

    concerned about the impact on the economy and sovereignty. Timber, hydropower,

    and iron ore constitute the resource base of an economy heavily oriented toward

    foreign trade. Privately owned firms account for about 90% of industrial output, of

    which the engineering sector accounts for 50% of output and exports.

    Agriculture accounts for little more than 1% of GDP and of employment. Until

    2008, Sweden was in the midst of a sustained economic upswing, boosted by

    increased domestic demand and strong exports. This and robust finances offered

    the center-right government considerable scope to implement its reform program

    aimed at increasing employment, reducing welfare dependence, and streamlining

    the state's role in the economy. Despite strong finances and underlying

    fundamentals, the Swedish economy slid into recession in the third quarter of 2008and growth continued downward in 2009 as deteriorating global conditions reduced

    export demand and consumption. Strong exports of commodities and a return to

    profitability by Sweden's banking sector drove the strong rebound in 2010.

    Iron and steel, precision equipment (bearings, radio and telephone parts, armaments),

    wood pulp and paper products, processed foods, motor vehicles.