Macro-economic Data

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    A. Demography and Macroeconomy

    A.1 Population
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Total population10.18 million10.07 million9.92 million
    WDI
    		A.1.1
    Total number of households4.66 million4.59 million4.54 million
    Statistics Sweden
    		A.1.2
    Average household size2.192.192.19
    WDI and Statistics Sweden
    		A.1.3
    Urban population (% of total)87.43% of total86.11% of total85.96% of total
    WDI
    		A.1.4
    Urban population growth (annual %)1.57%1.62%1.43%
    WDI
    		A.1.5
    A.2 Economy
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    GDP, current prices (U.S. dollars)554,659 USD (millions)538,575 USD (millions)514,460 USD (millions)
    WEO
    		A.2.1
    GDP based on PPP valuation of country GDP (Current international dollar)548,868 USD (millions)523,644 USD (millions)501,860 USD (millions)
    WEO
    		A.2.2
    GDP per capita, current prices (U.S. dollars)54,356.07 USD 53,412.28 USD 51,599.45 USD
    WEO
    		A.2.3
    GDP based on PPP per capita GDP (Current international dollar)53,651.79 USD 51,742.21 USD 50,210.37 USD
    WEO
    		A.2.4
    GDP, constant prices (Percent change)2.32%2.41%2.41%
    WEO
    		A.2.5
    Inflation, end of period consumer prices (Percent change)2.22%1.78%1.42%
    WEO
    		A.2.6
    GDP, deflator (Index)100.0097.8295.73
    WEO
    		A.2.7
    Consumer price index108.57106.49104.61
    WEO
    		A.2.8
    GINI IndexNot available28.829.6
    WDI
    		A.2.9
    Median national annual household income  41,252.08 USD
    Statistics Sweden
    		A.2.10
    Median urban annual household income 77,308.24 USD/year76,645.14 USD/year
    Statistics Sweden
    		A.2.11
    Growth in urban household income (%/year)A.2.13
    NominalNot availableNot availableNot available
     
    		A.2.13.1
    RealNot availableNot availableNot available
     
    		A.2.13.2
    Employment (% of total laborforce)A.2.14
    Self-employed9.6%9.9%10%
    OECD
    		A.2.14.1
    Informally employedNot availableNot availableNot available
     
    		A.2.14.2
    Unemployed6.1%6.5%7%
    Statistics Sweden
    		A.2.14.3
    Interest Rates:A.2.15
    Central bank lending/discount rateNot availableNot availableNot available
    IFS
    		A.2.15.1
    Yield on 3 months treasury billsNot availableNot availableNot available
    IFS
    		A.2.15.2
    Yield on 10-year Government bondNot available.62%.54%
    IFS
    		A.2.15.3
    Average bank deposit rateNot availableNot availableNot available
    IFS
    		A.2.15.4
    Lending rateNot availableNot availableNot available
    IFS
    		A.2.15.5
    B. Housing Market
    B.1 Housing Stock: Production, Transactions
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Number of dwelling units:B.1.1
    Total4.92 million4.86 million4.8 million
    Statistics Sweden
    		B.1.1.1
    Total UrbanNot availableNot availableNot available
     
    		B.1.1.2
    Percentage of vacant unitsNot availableNot availableNot available
     
    		B.1.2
    Characteristics of housing stock:B.1.3
    Average dwelling unit size-existingNot availableNot availableNot available
     
    		B.1.3.1
    % of substandard dwelling unitsNot availableNot availableNot available
     
    		B.1.3.2
    Tenure in urban areas (%):B.1.4
    Owner-occupied units64.1% of total65.2% of total65.2% of total
    Eurostat
    		B.1.4.1
    % of owner units with a mortgage51.7% of total52.2% of total54.8% of total
    Eurostat
    		B.1.4.2
    Private rental units35% of total34% of total34% of total
    EuroStat
    		B.1.4.3
    Public / social rental units.9% of total.8% of total.8% of total
    EuroStat
    		B.1.4.4
    Other forms of tenure Not availableNot availableNot available
     
    		B.1.4.5
    % of urban units with state recognized lienable titleNot availableNot availableNot available
     
    		B.1.4.6
    Estimated Number of units completed/yearB.1.5
    Formal sector/registered52,718 units48,227 units42,441 units
    Hypostat
    		B.1.5.1
    Number of recorded urban housing transactions/yearNot availableNot availableNot available
     
    		B.1.6
    How complete is this measure for formal sector transactions?Not availableNot availableNot available
     
    		B.1.7
    B.2 Housing Prices and Cost for Urban Areas or Capital City
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Median urban house price in USD:B.2.1
    New housingNot availableNot availableNot available
     
    		B.2.1.1
    Median house price to median annual HH income:B.2.2
    UrbanNot availableNot availableNot available
     
    		B.2.2.1
    Capital cityNot availableNot availableNot available
     
    		B.2.2.2
    Annual average % change in median house prices:B.2.3
    Yearly Rate.1%8.3%8.4%
    Hypostat 2019
    		B.2.3.1
    M2 construction cost for median quality houseB.2.4
    NationalNot availableNot availableNot available
     
    		B.2.4.1
    UrbanNot availableNot availableNot available
     
    		B.2.4.2
    Capital cityNot availableNot availableNot available
     
    		B.2.4.3

    back to top | Country Data:
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    Notes: 1.5% of price plus the listed title fee.
    Notes: 1.5% of price plus the listed title fee.
    Notes: 1.5% of price plus the listed title fee.
    Notes: 2% of mortgage plus listed fee
    Notes: 2% of mortgage plus listed fee
    Notes: 2% of mortgage plus the listed fee
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: 2010 = 100
    Notes: A 30% deduction of the borrower's interest payments is allowed.
    Notes: A 30% deduction of the borrower's interest payments is allowed.
    Notes: According to the FSA FI 2017 Analysis, most, but not all, of the banks offer unsecured loans for the portion of the loan-to-value ratio that exceeds 85 per cent. The banks report that borrowers must meet very high requirements if they are to be granted a loan exceeding 85 per cent of the loan-to-value ratio.
    Notes: According to the FSA FI 2017 Analysis, most, but not all, of the banks offer unsecured loans for the portion of the loan-to-value ratio that exceeds 85 per cent. The banks report that borrowers must meet very high requirements if they are to be granted a loan exceeding 85 per cent of the loan-to-value ratio.
    Notes: According to the FSA FI 2017 Analysis, most, but not all, of the banks offer unsecured loans for the portion of the loan-to-value ratio that exceeds 85 per cent. The banks report that borrowers must meet very high requirements if they are to be granted a loan exceeding 85 per cent of the loan-to-value ratio.
    Notes: Actual value is -0.29%
    Notes: Actual value is -0.50%
    Notes: Actual value is -0.50%
    Notes: Actual value is -0.66%
    Notes: Actual value is -0.66%
    Notes: All with an income may deduct
    Notes: All with an income may deduct
    Notes: All with an income may deduct
    Notes: Banks use "left to live one"calculations. These depend partly on income but also number of children, number of people in the households, expenses etc.
    Notes: Borrowers are allowed to deduct 30% of the interest payments from their tax payments.
    Notes: Capital gains are taxed at a flat rate of 30%. This amount is assessed on 73.33% of selling price minus acquisition price, improvement costs, and repair costs
    Notes: Capital gains are taxed at a flat rate of 30%. This amount is assessed on 73.33% of selling price minus acquisition price, improvement costs, and repair costs 
    Notes: Capital gains are taxed at a flat rate of 30%. This amount is assessed on 73.33% of selling price minus acquisition price, improvement costs, and repair costs.
    Notes: Close to 0
    Notes: Covered Bonds Act
    Notes: Creditworthiness assessment, disclosure of income
    Notes: Data on Stockholm, Sweden's capital. Individual's median income multiplied by average household size, converted to USD
    Notes: Data on Stockholm, Sweden's capital. Individual's median income multiplied by average household size, converted to USD
    Notes: Data on Stockholm, Sweden's capital. Individual's median income multiplied by average household size, converted to USD
    Notes: Data on Stockholm, Sweden's capital. Individual's median income multiplied by average household size, converted to USD 
    Notes: Financial Market Statistics - Table 4.8 MFIs' lending for housing loans to Swedish households broken down by maturity. 2,223,198 SEK Millions
    Notes: Financial Market Statistics - Table 4.8 MFIs' lending for housing loans to Swedish households broken down by maturity. 1,039,338 SEK Millions
    Notes: Financial Market Statistics - Table 4.8 MFIs' lending for housing loans to Swedish households broken down by maturity. 1,199,972 SEK Millions
    Notes: Financial Market Statistics - Table 4.8 MFIs' lending for housing loans to Swedish households broken down by maturity. 1,362,411 SEK Millions
    Notes: Financial Market Statistics - Table 4.8 MFIs' lending for housing loans to Swedish households broken down by maturity. 1,534,142 SEK Millions
    Notes: Financial Market Statistics - Table 4.8 MFIs' lending for housing loans to Swedish households broken down by maturity. 1,686,399 SEK Millions
    Notes: Financial Market Statistics - Table 4.8 MFIs' lending for housing loans to Swedish households broken down by maturity. 1,856,770 SEK Millions
    Notes: Financial Market Statistics - Table 4.8 MFIs' lending for housing loans to Swedish households broken down by maturity. 2,016,525 SEK Millions
    Notes: Financial Market Statistics - Table 4.8 MFIs' lending for housing loans to Swedish households broken down by maturity. 2,125,706 SEK Millions
    Notes: Financial Market Statistics - Table 4.8 MFIs' lending for housing loans to Swedish households broken down by maturity. 894,562 SEK Millions
    Notes: House owners are allowed to obtain direct housing subsidies, but it is mainly renters who use (and can use) this possibility. The rules are rather strict. Housing subsidies/ interest rate deductions: http://www.forsakringskassan.se/sprak/eng http://www.skatteverket.se/
    Notes: House owners are allowed to obtain direct housing subsidies, but it is mainly renters who use (and can use) this possibility. The rules are rather strict. Housing subsidies/ interest rate deductions: http://www.forsakringskassan.se/sprak/eng http://www.skatteverket.se/
    Notes: House owners are allowed to obtain direct housing subsidies, but it is mainly renters who use (and can use) this possibility. The rules are rather strict. Housing subsidies/ interest rate deductions: http://www.forsakringskassan.se/sprak/eng http://www.skatteverket.se/
    Notes: In 2016, a new law was passed to cap the maximum term to 105 years
    Notes: In 2016, a new law was passed to cap the maximum term to 105 years
    Notes: In 2016, a new law was passed to cap the maximum term to 105 years  
    Notes: In May 2016, new changes to the Covered Bond Act required issuers to have a regulatory over collateralization of over 2%
    Notes: Maximum term is 105 years
    Notes: Maximum term is 105 years
    Notes: Maximum term is 105 years
    Notes: Median disposable income in all household types
    Notes: Median disposable income in all household types
    Notes: Median disposable income in all household types
    Notes: Median disposable income in all household types
    Notes: Median disposable income in all household types
    Notes: Median disposable income in all household types
    Notes: National data
    Notes: National data
    Notes: National rate, includes non-urban areas
    Notes: National rate, includes non-urban areas
    Notes: National rate, includes non-urban areas
    Notes: National rate, includes non-urban areas
    Notes: National rate, includes non-urban areas
    Notes: National rate, includes non-urban areas
    Notes: National rate, includes non-urban areas
    Notes: National rate, includes non-urban areas
    Notes: National rate, includes non-urban areas
    Notes: National rate, includes non-urban areas
    Notes: National rate, includes non-urban areas
    Notes: National rate, includes non-urban areas
    Notes: No distribution of both positive and negative credit data in credit bureaus and registries; Borrowers do not have the right to access their data in the credit registry; Banks cannot access borrower's credit information online in credit registries
    Notes: No legal maximum term limit. In 2016, a new law was passed to cap the maximum term to 105 years.
    Notes: Please visit the Research Center for the 2007 data.
    Notes: Real property tax ranges from 0.2 to 2.8%, depending on property type, use, and location.
    Notes: Rental income from a property that the owner uses as their primary residence is considered as Capital Income and is taxed at a flat rate of 30%. All other rental incomes are considered Business Income and taxed at progressive rates.  
    Notes: Rental income from a property that the owner uses as their primary residence is considered as Capital Income and is taxed at a flat rate of 30%. All other rental incomes are considered Business Income and taxed at progressive rates.
    Notes: Rental income from a property that the owner uses as their primary residence is considered to be "capital income" and is taxed at a flat rate of 30%. All other rental incomes are considered "business income" and taxed at progressive rates.
    Notes: SBAB bank was originally a state-owned mortgage institution which was reorganized into a bank in 2010. It now operates as a full-service bank, offering deposits, loans, savings, mortgages, and other financial services.
    Notes: SBAB bank was originally a state-owned mortgage institution which was reorganized into a bank in 2010. It now operates as a full-service bank, offering deposits, loans, savings, mortgages, and other financial services.
    Notes: SBAB bank was originally a state-owned mortgage institution which was reorganized into a bank in 2010. It now operates as a full-service bank, offering deposits, loans, savings, mortgages, and other financial services.
    Notes: Starting in 2016, the maximum term for a mortgage will be 105 years
    Notes: Sweden FSA
    Notes: Sweden FSA
    Notes: Sweden FSA
    Notes: Sweden FSA
    Notes: Sweden FSA
    Notes: Sweden FSA
    Notes: Sweden FSA
    Notes: Sweden FSA 
    Notes: Swedish Board of Housing, Construction and Planning issues, administrates and reports on central government housing guarantees
    Notes: The transfer of property triggers stamp duty (transfer tax) at a rate of 4.25 per cent for legal persons (with some exceptions) and 1.5 per cent for private persons.
    Notes: The transfer of property triggers stamp duty (transfer tax) at a rate of 4.25 per cent for legal persons (with some exceptions) and 1.5 per cent for private persons. 
    Notes: There are no direct subsidies in Sweden. However, borrowers are allowed to deduct 30% of the interest payments from their tax payments.
    Notes: There are no direct subsidies in Sweden. However, borrowers are allowed to deduct 30% of the interest payments from their tax payments. 
    Notes: There is no HMF in Sweden
    Notes: There is no HMF in Sweden
    Notes: Total Mortgage Backed Covered Bonds Outstanding = USD 135668M
    Notes: Total Mortgage Backed Covered Bonds Outstanding = USD 163372 M
    Notes: Total Mortgage Backed Covered Bonds Outstanding = USD 194062 M
    Notes: Total Mortgage Backed Covered Bonds Outstanding = USD 241,293 M
    Notes: Total Mortgage Backed Covered Bonds Outstanding = USD 247,160 M
    Notes: Total Mortgage Backed Covered Bonds Outstanding = USD 251667 M
    Notes: Total Mortgage Backed Covered Bonds Outstanding = USD 255,905 M
    Notes: Total Mortgage Backed Covered Bonds Outstanding = USD 263,158 M
    Notes: Total Mortgage Backed Covered Bonds Outstanding = USD 271290M
    Notes: Total Mortgage Backed Covered Bonds Outstanding = USD 289966 M
    Notes: Total Mortgage Backed Covered Bonds Outstanding = USD 298430 M
    Notes: Total Mortgage Backed Covered Bonds Outstanding = USD 72720M
    Notes: Underwriting rules are defined in ”Konsumentkreditlagen” and in “Lag om bank- och finansieringsrörelse”.
    Notes: Underwriting rules are defined in ”Konsumentkreditlagen” and in “Lag om bank- och finansieringsrörelse”.
    Notes: Underwriting rules are defined in ”Konsumentkreditlagen” and in “Lag om bank- och finansieringsrörelse”.