Economy - Mini-paper#4 Economy Economy Sweden...

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Mini-paper #4 Economy 11/3/08 Economy Sweden G.D.P. (Purchasing Power) - $338.5 billion Economic Sectors : -Agriculture accounts for 1.5% of GDP and 2% of Employment -Industry accounts for 28.8% of GDP and 24% of labor force. -Services account for 69.7% of GDP and 74% of labor force. Main Industries: Iron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, motor vehicles. Imports : $151.4 billion which includes machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs, clothing. Exports : $170.1 billion which include machinery 35%, motor vehicles, paper products, pulp and wood, iron and steel products, chemicals. Unemployment Rate: 6.1% Inflation Rate: 2.2% Other : Has not adopted the Euro and instead uses the Swedish Kronor. Estonia G.D.P. (Purchasing Power) - $28.69 billion Economic Sectors: -Agriculture accounts for 3% of GDP and 11% of labor force. -Industry accounts for 28.5% of GDP and 20% of labor force.
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