Sweden: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden

November 17, 2016

Preview Citation

Format: Chicago

Sweden: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sweden, (USA: International Monetary Fund, 2016) accessed November 24, 2024

Summary

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

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/353
Stock No:

1SWEEA2016001
ISBN:

9781475553819
ISSN:

1934-7685

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