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Productivity Profile of Sweden

 

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Innovation council (created in 2015): The Innovation Council’s task is to develop Sweden as an innovation nation and strengthen Sweden’s competitiveness. It has an advisory role and provides new perspectives on issues of importance to innovation policy. Prime Minister Stefan Löfven is chairman of the Innovation Council, which consists of five ministers and ten advisory members from business and research areas;

Ministry of Enterprise and InnovationThe Ministry of Enterprise and Innovation is responsible for matters relating to housing and urban development, state-owned enterprises, information technology, enterprise and industrial policy, rural affairs, regional growth, post issues and infrastructure;

Swedish Agency for Growth Policy Analysis (Growth Analysis)Growth Analysis has the task of analysing the areas that are most important for growth. The overall objective is to strengthen Swedish competitiveness and create conditions for more jobs in more and growing businesses throughout the country. Growth Analysis works on evaluations, analyses and statistics in a broad Swedish and international perspective.

  

Icon made by Freepik from www.flaticon.com Selected Publications


Growth Analysis: How can the government facilitate the future supply of skills to the business community? (2022), Productivity growth and its driving forces (2021), Productivity effects of knowledge transfers through inter-firm labour mobility (2020), Large knowledge-intensive investments: drivers, effects and the role of public policy (2019), How can the Swedish Government promote the opportunities of digital transformation in the economy? (2018);

World Bank: The Turnaround of the Swedish Economy: Lessons from Large Business Sector Reforms (2019);

OECD: Economic Surveys Sweden (multiple), Regional differences in productivity in Sweden: Insights from OECD regions (2021), 

  

Icon made by Smashicons from www.flaticon.com Data

 

SWE productivity growth graph‌ 

 

Click here to access our Compare-Your-Country tool and explore productivity data from the GFP member countries. 

 

  

 OECD Recommendations

 

Business regulations and administrative procedures are generally lean, but further streamlining could raise productivity. Sweden should continue to use digital tools to improve services, simplify procedures, and shorten licences' and permits' processing times.

 

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