United Nations Conference on Trade And Development INVESTMENT COUNTRY PROFILES. SWEDEN February 2013

United Nations Conference on Trade And Development INVESTMENT COUNTRY PROFILES SWEDEN February 2013

Sweden i NOTE The Division on Investment and Enterprise of UNCTAD is a global centre of excellence, dealing with issues related to investment and enterprise development in the United Nations System. It builds on three and a half decades of experience and international expertise in research and policy analysis, intergovernmental consensus building, and provides technical assistance to developing countries. The terms country/economy as used in this investment country profile also refer, as appropriate, to territories or areas; the designations employed and the presentation of the material do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. In addition, the designations of country groups are intended solely for statistical or analytical convenience and do not necessarily express a judgment about the stage of development reached by a particular country or area in the development process. The major country groupings used in this investment country profile follow the classification of the United Nations Statistical Office. These are: Developed countries: the member countries of the OECD (other than Chile, Mexico, the Republic of Korea and Turkey), plus the new European Union member countries which are not OECD members (Bulgaria, Cyprus, Latvia, Lithuania, Malta, and Romania), plus Andorra, Liechtenstein, Monaco and San Marino. Transition economies: South-East Europe and the Commonwealth of Independent States. Developing economies: in general all economies not specified above. For statistical purposes, the data for China do not include those for Hong Kong Special Administrative Region (Hong Kong SAR), Macao Special Administrative Region (Macao SAR) and Taiwan Province of China. Reference to companies and their activities should not be construed as an endorsement by UNCTAD of those companies or their activities. The boundaries and names shown and designations used on the maps presented in this publication do not imply official endorsement or acceptance by the United Nations. The following symbols have been used in the tables: Two dots (..) indicate that data are not available or are not separately reported. Rows in tables have been omitted in those cases where no data are available for any of the elements in the row; A dash ( ) indicates that the item is equal to zero or its value is negligible; A blank in a table indicates that the item is not applicable, unless otherwise indicated; A slash (/) between dates representing years, e.g., 1994/95, indicates a financial year; Use of an en dash ( ) between dates representing years, e.g., 1994 1995, signifies the full period involved, including the beginning and end years; Reference to dollars ($) means United States dollars, unless otherwise indicated; Annual rates of growth or change, unless otherwise stated, refer to annual compound rates; Details and percentages in tables do not necessarily add up to totals because of rounding. Only the tables shaded in the Table of Contents are available in this investment country profile. The material contained in this study may be freely quoted with appropriate acknowledgement. Exchange rates, SEK per US dollar 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Period average 7.133 6.706 7.635 7.950 8.262 9.162 10.329 9.737 8.086 7.349 7.473 7.378 6.759 6.591 7.654 7.208 6.494 End of period 6.658 6.871 7.877 8.061 8.525 9.535 10.668 8.825 7.189 6.615 7.958 6.864 6.414 7.811 7.117 6.710 6.888 Unedited Version UNCTAD/WEB/DIAE/IA/2012/18

Sweden ii Table of Contents Page Highlights A. Definitions and sources of data B. Statistics on FDI and the operations of TNCs (shaded rows show available tables) 3 Table 1. Summary of FDI 3 Table 2. Summary of international production 3 Table 3. FDI flows, by type of investment 4 Table 4. FDI stocks, by type of investment 5 Table 5. FDI flows in the host economy, by industry 6 Table 6. FDI flows in the host economy, by geographical origin 7 Table 8. FDI flows abroad, by industry 8 Table 9. FDI flows abroad, by geographical destination 9 Table 11. FDI stocks in the host economy, by industry 10 Table 12. FDI stocks in the host economy, by geographical origin 11 Table 14. FDI stocks abroad, by industry 12 Table 15. FDI stocks abroad, by geographical destination 13 Table 19. The number of home-based TNCs, by industry in the home economy 14 Table 20. The number of foreign affiliates of home-based TNCs, by industry abroad 15 Table 21. The number of foreign affiliates of home-based TNCs, by geographical location abroad 16 Table 22. The number of affiliates of foreign TNCs in the host economy, by industry 17 Table 23. The number of affiliates of foreign TNCs in the host economy, by geographical origin 18 Table 26. Assets of home-based TNCs, by industry in the home economy Table 27. Assets of foreign affiliates of home-based TNCs, by industry abroad Table 28. Assets of foreign affiliates of home-based TNCs, by geographical location abroad Table 29. Assets of affiliates of foreign TNCs in the host economy, by industry Table 30. Assets of affiliates of foreign TNCs in the host economy, by geographical origin Table 31. Employment of home-based TNCs, by industry in the home economy 19 Table 32. Employment of foreign affiliates of home-based TNCs, by industry abroad 20 Table 33. Employment of foreign affiliates of home-based TNCs, by geographical location abroad 21 Table 34. Employment of affiliates of foreign TNCs in the host economy, by industry 22 Table 35. Employment of affiliates of foreign TNCs in the host economy, by geographical origin 23 Table 36. Wages and salaries of home-based TNCs, by industry in the home economy 24 Table 37. Wages and salaries of foreign affiliates of home-based TNCs, by industry abroad 25 Table 38. Wages and salaries of foreign affiliates of home-based TNCs, by geographical location abroad Table 39. Wages and salaries of affiliates of foreign TNCs in the host economy, by industry 26 Table 40. Wages and salaries of affiliates of foreign TNCs in the host economy, by geographical origin 27 Table 41. Sales of home-based TNCs, by industry in the home economy 28 Table 42. Sales of foreign affiliates of home-based TNCs, by industry abroad 29 Table 43. Sales of foreign affiliates of home-based TNCs, by geographical location abroad 30 Table 44. Sales of affiliates of foreign TNCs in the host economy, by industry 31 Table 45. Sales of affiliates of foreign TNCs in the host economy, by geographical origin 32 Table 46. Value added of home-based TNCs, by industry in the home economy 33 Table 47. Value added of foreign affiliates of home-based TNCs, by industry abroad 34 Table 48. Value added of foreign affiliates of home-based TNCs, by geographical location abroad Table 49. Value added of affiliates of foreign TNCs in the host economy, by industry 35 Table 50. Value added of affiliates of foreign TNCs in the host economy, by geographical origin 36 Table 51. Profits after taxes of home-based TNCs, by industry in the home economy Table 52. Profits after taxes of foreign affiliates of home-based TNCs, by industry abroad Table 53. Profits after taxes of foreign affiliates of home-based TNCs, by geographical destination

Sweden iii Table of Contents Page Table 54. Profits after taxes of affiliates of foreign TNCs in the host economy, by industry 37 Table 55. Profits after taxes of affiliates of foreign TNCs in the host economy, by geographical origin 38 Table 56. Exports of home-based TNCs, by industry in the home economy 39 Table 57. Exports of foreign affiliates of home-based TNCs, by industry abroad 40 Table 58. Exports of foreign affiliates of home-based TNCs, by geographical destination 41 Table 59. Exports of affiliates of foreign TNCs in the host economy, by industry 42 Table 60. Exports of affiliates of foreign TNCs in the host economy, by geographical origin 43 Table 61. Imports of home-based TNCs, by industry in the home economy 44 Table 62. Imports of foreign affiliates of home-based TNCs, by industry abroad 45 Table 63. Imports of foreign affiliates of home-based TNCs, by geographical destination 46 Table 64. Imports of affiliates of foreign TNCs in the host economy, by industry 47 Table 65. Imports of affiliates of foreign TNCs in the host economy, by geographical origin 48 Table 66. R&D of home-based TNCs, by industry in the home economy Table 67. R&D of foreign affiliates of home-based TNCs, by industry abroad 49 Table 68. R&D of foreign affiliates of home-based TNCs, by geographical destination 50 Table 69. R&D of affiliates of foreign TNCs in the host economy, by industry 51 Table 70. R&D of affiliates of foreign TNCs in the host economy, by geographical origin 52 Table 71. Employment in R&D of home-based TNCs, by industry in the home economy Table 72. Employment in R&D of foreign affiliates of home-based TNCs, by industry abroad Table 73. Employment in R&D of foreign affiliates of home-based TNCs, by geographical destination 53 Table 74. Employment in R&D of affiliates of foreign TNCs in the host economy, by industry 54 Table 75. Employment in R&D of affiliates of foreign TNCs in the host economy, by geographical origin 55 Table 76. Royalty receipts of home-based TNCs, by industry in the home economy Table 77. Royalty receipts of foreign affiliates of home-based TNCs, by industry abroad Table 78. Royalty receipts of foreign affiliates of home-based TNCs, by geographical destination Table 79. Royalty receipts of affiliates of foreign TNCs in the host economy, by industry Table 80. Royalty receipts of affiliates of foreign TNCs in the host economy, by geographical origin Table 81. Royalty payments of home-based TNCs, by industry in the home economy Table 82. Royalty payments of foreign affiliates of home-based TNCs, by industry abroad Table 83. Royalty payments of foreign affiliates of home-based TNCs, by geographical destination Table 84. Royalty payments of affiliates of foreign TNCs in the host economy, by industry Table 85. Royalty payments of affiliates of foreign TNCs in the host economy, by geographical origin Table 86. Largest home-based TNCs 56 Table 87. Largest foreign affiliates of home-based TNCs 57 Table 88. Largest affiliates of foreign TNCs in the host economy 58

Sweden 1 Highlights At the end of 2011, the stock of inward foreign direct investment (FDI) in Sweden stood at 2.33 trillion Swedish Krona (SEK) ($338 billion) and the stock of outward FDI by Swedish firms was SEK2.47 trillion ($358 billion). In terms of FDI, the Swedish economy is considerably more internationalized than the EU average: while Sweden accounted for just over three per cent of the EU s GDP in 2011, its stocks of outward and inward FDI were 4.7 per cent and 3.9 per cent, respectively, of EU totals. In recent years, inflows of FDI to Sweden have been severely affected by the global economic downturn. The average annual inflows over the period 2008 2011 were SEK97.6 billion ($14 billion), compared with the pre-crisis (2005 2007) average of SEK163.3 billion ($23 billion). The extent of the decline was such that in 2010, divestment exceeded new investment by almost SEK9 billion. Almost 80 per cent of inward FDI stock, in 2010, was from other EU countries. The largest source countries of inward FDI are the Netherlands, Luxembourg and the United Kingdom. For Swedish firms, the largest investment destinations are the United States, Finland, the Netherlands, Norway and Demark. The EU as a whole is host to 60 per cent of Swedish outward FDI. In terms of sectoral composition, the share of manufacturing is large in both inflows and outflows of Swedish FDI: the sector accounted for 47 per cent of outward stock and 45 per cent of inward stock in 2010. The remaining shares were mostly in services. Foreign affiliates of Swedish firms employed 1.1 million workers abroad and were responsible for exports from their respective host countries worth SEK410 billion ($61 billion) in 2010. The value of their imports was SEK204 billion ($30 billion). A. Definitions and sources of data The central bank of Sweden, Sveriges Riksbank, has the overall responsibility for producing the balance-of-payments statistics. Since September 2007, the Riksbank commissions the national statistical institute, Statistics Sweden, to collect data on foreign direct investment through three sets of surveys: the monthly and annual surveys. The monthly survey is a cut-off survey from which smaller enterprises are excluded. Around 230 enterprises are selected mainly on the basis of the annual sample survey on FDI stocks to take part in this monthly survey and report transactions with nonresidents. The annual company survey covers FDI stocks and profits. The definition of FDI adopted by Statistics Sweden is in line with the standard definition direct or indirect ownership between two companies of at least 10 per cent of the share capital or votes. All financial transactions between such companies except financial derivatives are regarded as direct investment. FDI can take the form of establishment or acquisition of an enterprise as well as subsequent investments. The directional principle is applied but data are also compiled according to the assets/liabilities principle. Aggregate flows data and their geographical and industrial breakdowns are published quarterly by Statistics Sweden. Since 1997, FDI flow data also cover short-term loans and trade credits, real estate transactions as well as transactions of holding companies. As earlier data have not been revised subsequently, there is a break in the time series. Data with a breakdown by region and country and by economic activity are available from 1998. Reinvested earnings are calculated as the difference between total profits after tax and dividends. The profit is assigned to the year in which it was earned and distributed evenly across the 12 months, whereas dividends are recorded when payable. Reinvested earnings

Sweden 2 can not be broken down further by region and country or by economic activity. Stock data (including directly owned real estate) are published annually with a time lag of about a year in Statistics Sweden s report, Direct Investments, Assets and Income. Data on both inward and outward stock are available from 1998. For inward stock, the geographical breakdowns follow the concept of the first chain ownership principle. Classification by economic activity follows the United Nations International Standard Industrial Classification of All Economic Activities (ISIC). Data are reported according to the economic activity of the Swedish direct investor (for outward FDI) and the foreign affiliate in Sweden (for inward FDI). While published stock data represent book values, a valuation method for market values has been developed and included in the International Investment Position (IIP) as a memorandum item. Growth Analysis is a national authority under the direction of the Ministry of Enterprise, Energy and Communications. Growth Analysis deals with policy analysis, growth studies and various areas of Government statistics. It is the responsible government authority for official statistics on international business. The surveys include foreign-owned enterprises in Sweden, Swedish TNCs and the structure of the total business sector according to the degree of internationalisation. Survey results are published on the Growth Analysis website (www.growthanalysis.se). Data are available with a breakdown by economic activity and by region and country (the latter, classified according to the ultimate beneficial owner). Data on the activities of majority-owned foreign affiliates of Swedish transnational corporations (TNCs) and majority-owned foreign affiliates in Sweden are published by the Swedish Institute Agency for Growth Policy Analysis (Growth Analysis), in conjunction with Statistics Sweden.

Sweden 3 B. Statistics on FDI and the operations of TNCs Table 1. Summary of FDI (Millions of Kronors and percentage) Variable Inward Outward 1. FDI flows, 2008-2011 (annual average) 97 599 177 133 2. FDI flows as a percentage of GFCF, 2008-2011 (annual average) 16.4 29.0 3. FDI stocks, 2011 2 331 378 2 471 896 2. FDI stocks as a percentage of GDP, 2011 63.4 67.2 Source : UNCTAD FDI/TNC database, based on tables 3 and 4. Table 2. Summary of international production (Millions of Kronors and number) Variable Homebased TNCs (Parent) Affiliates of foreign TNCs in Sweden Foreign affiliates of Swedish TNCs abroad Number, 2008 a 7 777 13 627 10 360 Employees (thousands), 2008 a 462.0 590.3 1 139.0 Wages and salaries, 2007 b 260 208 312 632 183 334 Value added, 2007 b 437 598 480 208 351 069 Profits, 2007.. 178 894.. R&D expenditures, 2007.. 28 572 30 964 R&D employees, 2007.. 11.4 22 Sales, 2008 c 1563 076 2 078 054 2 008 058 Imports, 2007 d 209 392 519 506 203 542 Exports, 2007 d 415 185 485 445 410 037 Source : UNCTAD FDI/TNC database, based on tables 19, 20, 22, 31, 32, 34, 36, 37, 39, 41, 42, 44, 46, 47, 49, 54, 56, 58, 59, 61, 63, 64, 68, 69, 73 and 74. a Data for affiliates of foreign TNCs in Sweden refer to 2010. b Data for foreign affiliates of Swedish TNCs abroad refer to 2002. c Data for affiliates of foreign TNCs in Sweden refer to 2007. d Data for foreign affiliates of Swedish TNCs abroad refer to 2008.

Sweden 4 Year Equity Table 3. FDI flows, by type of investment, 1985 2011 (Millions of Kronors) Inward investment Reinvested earnings Other Total Equity Outward investment Reinvested earnings Other Total 1985-1 115 2 265 3 696-4 419 11 113 15 721 1986-1 802 5 911 7 690-6 288 21 941 28 122 1987-1 906 2 147 4 090-10 140 20 170 30 370 1988-4 490 5 764 10 239-13 388 32 390 45 775 1989-3 980 7 701 11 657-15 676 50 700 66 316 1990 10 877-426 1 216 11 667 53 844 11 968 21 467 87 280 1991 23 604 216 14 601 38 421 23 075 4 770 14 818 42 663 1992 11 782-5 585-6 437-239 3 370-3 134 2 145 2 380 1993 15 371 7 760 6 803 29 934 9 765-1 495 2 300 10 570 1994 15 509 11 377 22 108 48 994 15 698 23 443 12 564 51 706 1995 78 105 17 139 7 821 103 064 38 000 37 000 5 000 80 003 1996 19 961 3 810 12 692 36 463 11 998 28 947-7 244 33 701 1997 50 498 10 920 22 318 83 736 31 654 34 720 30 190 96 564 1998 118 080 19 798 20 475 158 353 123 563 44 740 26 299 194 602 1999 389 255 32 791 83 078 505 124 70 204 69 672 41 299 181 175 2000 33 617 28 756 152 295 214 668 226 487 78 794 70 041 375 322 2001 85 067-5 558 33 226 112 735 79 951 21 294-25 828 75 417 2002 98 239-1 066 22 331 119 504 124 528 43 064-64 376 103 216 2003-20 093 7 150 53 173 40 230 120 171 75 005-24 455 170 721 2004 38 600 36 621 13 860 89 081 92 198 20 378 50 720 163 296 2005 33 328 41 914 13 655 88 897 137 314 85 483-15 749 207 048 2006 88 074 20 004 105 458 213 536 141 589 31 226 23 393 196 208 2007 57 029 52 563 77 878 187 470 179 036 151 013-67 766 262 283 2008 49 454 6 361 189 066 244 881 138 142 63 360 4 970 206 471 2009 117 993 12 064-53 343 76 714 226 416 45 236-73 360 198 292 2010-11 937 28 693-26 466-9 710 48 728 78 970 1 718 129 416 2011-36 663 91 867 23 307 78 511 5 666 191 979-23 292 174 353 Source : UNCTAD FDI/TNC database, based on data from SCB, Statistics Sweden.

Sweden 5 Year Table 4. FDI stocks, by type of investment, 1985 2011 Inward investment Equity and Retained earnings Other Total (Millions of Kronors) Outward investment Equity and Retained earnings Other Total 1985.... 33 000.... 82 000 1986.... 41 000 6 300.. 110 000 1987.... 54 000 10 100.. 140 000 1988.... 61 000 13 400.. 175 000 1989 43 000 7 000 68 000 209 000 29 000 238 000 1990 64 000 7 000 72 000 223 000 66 000 289 000 1991 79 000 22 000 100 000 239 000 64 000 303 000 1992 86 000 13 000 99 000 280 000 64 000 344 000 1993 94 000 16 000 109 000 300 000 78 000 378 000 1994 126 000 43 000 169 000 361 000 89 000 450 000 1995 164 000 43 000 206 688 404 000 83 000 487 266 1996 188 000 51 000 239 352 427 000 69 000 495 624 1997 227 000 100 000 326 530 492 000 124 000 615 600 1998 310 941 100 191 411 132 617 444 136 852 754 296 1999 439 254 185 635 624 889 704 887 200 890 905 778 2000 612 408 283 835 896 243 918 960 256 286 1 175 246 2001 717 091 263 700 980 791 1 094 903 220 138 1 315 041 2002 765 556 287 862 1 053 418 1 110 870 182 055 1 292 925 2003 762 828 379 422 1 142 250 1 224 554 110 715 1 335 269 2004 938 223 367 456 1 305 679 1 298 521 116 270 1 414 791 2005 1 001 778 372 874 1 374 652 1 527 451 118 861 1 646 311 2006 1 057 044 503 433 1 560 477 1 676 870 122 941 1 799 811 2007 1 288 745 593 107 1 881 853 2 003 529 127 352 2 130 881 2008 1 369 365 808 053 2 177 418 2 394 394 128 667 2 523 061 2009 1 538 749 824 998 2 363 747 2 449 203 65 914 2 515 118 2010 1 594 295 752 601 2 346 896 2 416 436 58 002 2 474 437 2011 1 558 952 772 426 2 331 378 2 441 119 30 777 2 471 896 Source : UNCTAD FDI/TNC database, based on data from SCB, Statistics Sweden.

Sweden 6 Table 5. FDI flows in the host economy, by industry, 2000 2011 (Millions of Kronors) Sector / industry 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Total 214 668 112 739 119 504 40 230 89 081 88 897 213 536 187 470 244 881 76 714-9 710 78 511 Primary - 93-6 580 558 - - 940 - - - - - - - Agriculture, hunting, forestry and fishing 30 7 17 - - - - - - - - - Mining, quarrying and petroleum - 123-6 587 541 - - 940 - - - - - - - Secondary 85 676 55 570 17 304 28 994 16 234 28 275 21 744 17 769 109 745 25 565-28 212 20 173 Food, beverages and tobacco 1 848 10 525 559-971 -10 824-5 852 6 125 4 317 53 826.. - 191 1 324 Textiles, clothing and leather - 58 61 21 - - - - - - - - - Wood and wood products 2 455 823 2 110 273 1 422 - - -1 059 1 761-2 274 9 676.. Publishing and printing - - - - - - - - - - - - Coke, petroleum products and nuclear fuel - - - -................ Chemicals and chemical products 18 539-1 332 3 531 14 725 35 971 7 364 3 626 22 208-5 752 4 356 615-22 181 Rubber and plastic products - - - -................ Non-metallic mineral products - - - - - - - - - - - - Metal and metal products 17 894 4 883 1 581 4 806-707 7 719 4 435-18 822 2 614 1 817 7 518 Machinery and equipment - - - - - - - -........ Electrical and electronic equipment - - - - - - - - - - - - Precision instruments - - - - - - - - - - - - Motor vehicles and other transport equipment 10 887 14 004 14 257-7 497-4 616 7 465 5 796-19 606 50 571.. -38 632.. Other manufacturing 24 027 18 603-13 695 484-6 672-2 429-2 715 3 094-446 42 400 - - Tertiary 81 223 72 477 104 632 15 938 26 251-4 805 165 835 121 287 71 296 33 556-8 357-13 879 Electricity, gas and water 18 766 15 271 27 877 1 146-12 038-2 561 28 419 15 116 32 023-1 221 - - Construction 502 488 439 455 - - -5 810-426 2 078 - -.. Trade 35 460-8 959 7 968 5 705-8 609-9 649-1 651 37 537 6 718 16 117-8 993 2 957 Hotels and restaurants -1 106 8 440 139 - - 407 - - 138 - -.. Transport, storage and communications 5 466 6 921 28 973 10 148-6 139-3 194 28 162 2 548-4 461 13 939 4 350 15 099 Transport and storage 2 719 4 595-4 143 210 716-4 807 3 976 1 034 3 099 6 221 2 928 863 Post and communications 2 747 2 326 33 116 9 938-6 856 1 613 24 187 1 514.. 7 718 1 422 14 236 Finance 19 476 16 298 19 965 24 278 34 031 8 940 86 915 30 324 3 721 4 633 25-40 599 Financial intermediation 13 599 14 504 746 25 221 686 5 288.... -5 717 13 611.... Insurance and pension funding 6 189 31 16 026 292 11 882 1 333.... -5 453 4 078 2 439.. Activities auxiliary to financial intermediation - 312 1 764 3 192-1 235 21 462 2 338.... 14 891-13 056.... Business activities 1 929 33 639 16 115-26 161 18 458-1 050 28 362 36 188 28 605 5 964-3 739 8 664 Real estate - 27 11 505 10 267-56 244 6 610 609 2 900 22 299 3 475 3 222-3 739-5 532 Computer and related activities -3 028-1 431 7 686 339 12 578 5 100 22 539 4 002.. - - - Research and development 1 045 14 069-4 230 28 940-4 722 3 223 3 804 10 651.. - -.. Other business activities 4 919 9 475 2 442 57 3 993-9 947-1 856-1 409 18 695-57.. 14 196 Public administration and defence - - - - - - - - - - - - Education - - - - - - - - - - - - Health and social services - - - - - - - - - - - - Community, social and personal service activities - - - - - - - - - - - - Other services 730 379 3 156 366 549 2 302 1 438-2 475-5 876 - - Unspecified 19 292-3 176-2 794-13 679 8 766 19 299 4 028-11 189 52 541 2 853-4 472-21 969 Private buying and selling of property - 187 7 869 1 827 2 149 4 214 1 926 7 039 4 938 2 677 2 638 2 319 Reinvested earnings 28 756-5 558-1 066 7 150 36 621 41 914 20 004 52 563 6 361 12 064 28 693 91 867 Source : UNCTAD FDI/TNC database, based on data from SCB, Statistics Sweden. Note : Data for 2008-2010 are from a Nace Rev.2 classification. Wood products include publishing and printing. Chemical products include petroleum and rubber and plastic products. Metal includes machinery.

Sweden 7 Table 6. FDI flows in the host economy, by geographical origin, 2000 2011 (Millions of Kronors) Region / economy 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Total world 214 668 112 739 119 504 40 230 89 081 88 897 213 536 187 470 244 881 112 638-9 710 78 511 Developed economies 163 871 105 741 107 475 37 468 29 714 31 298 218 690 117 202 230 926 49 329-28 817-21 776 Europe 128 976 89 574 93 812 10 860-10 890 20 656 147 678 117 804 235 652 80 856-11 217-44 420 European Union 99 770 77 915 80 020 14 345-144 28 749 110 527 94 444 244 553 69 723-2 248-68 466 Belgium 735 18 741 7 459-10 563-6 071 33 082 19 517 15 724 37 189 26 006 26 026-64 719 Cyprus 309 3 412........ 347...... - 664.. Czech Republic - 3-266 - 83 150-137.. - 106.. - 188.. - 8-46 Denmark 2 380 11 867 5 300 4 877-1 307 8 749 3 245 1 315 42 742.. 200 19 848 Estonia - 3-106 - 67-128 - 91-2 - 48-67.... - 114 50 Finland 48 581 20 675 57 753-27 734-22 058-18 873-629 18 667 306 20 063-4 355 19 852 France 2 707 9 938 756-682 4 944 7 296 4 204 9 704 12 011 4 920-33 171-2 270 Germany 17 682 21 027 18 250 14 737.. -4 862-2 136 25 186 58 495-6 584-7 919-1 960 Greece 9-102.. - 18-20.......... - 20-3 Hungary 2-31 - 20-129 - 102.......... - 75-22 Ireland - 658-3 969 1 145........ 11 756 95 23 498 22 854-1 826 Latvia 848-936 - 3-45 - 32.. 7-5 - 37.. - 47-13 Lithuania - 9-65 - 22-73 - 39.. - 19-78 - 98...... Luxembourg 2 056 6 420 2 905-341 -6 640 14 075 32 647 33 441 91 928 996 315-69 832 Netherlands 7 447 10 167-6 305 10 251 22 995 3 788 6 427-15 014 7 871 409-1 135 66 902 Poland - 21-399 - 220-443.... 90-2 134-1 595.. 1 111.. Portugal 148-244 207-100 - 97.......... - 49-14 Slovakia - 1-64 - 73-151 - 115.... - 11.... - 101-35 Slovenia 11-17 - 6-26 - 18-1 - 9-13 - 12-6 - 6-6 Spain 338 320 1 034 34 838.......... - 354-14 United Kingdom 14 749-19 524-2 945 33 701-2 385-10 146 62 140-11 858 5 791-16 882-8 563-3 033 Other developed Europe 29 206 11 660 13 793-3 486-10 746-8 093 37 151 23 360-8 901 11 133-8 969 24 046 Iceland 120 52.. 2.. 490........ 1 4 Norway 18 665 6 753 11 872-1 519-13 008 2 104 30 837 19 349-38 624 15 850-4 077 7 844 Switzerland 11 070 8 827 1 900-1 965 2 265-10 687 4 720 4 159 23 366-6 565-2 521 13 454 North America 25 961 15 912 13 629 26 625 40 542 10 642 72 013 9 268-15 027-31 461-18 330 21 568 Canada 258 12 502-226 4 854 1 246 2 577.. 7 274 6 430...... United States 25 703 3 410 13 855 21 771 39 296 8 065 72 013 1 994-21 457-31 461-18 330 21 568 Other developed countries 8 934 255 33-17 62 - -1 001-9 870 10 301-66 730 1 076 Australia - 442 302.... - 15.. -1 001-143 -1 839...... Japan 9 149-148 - 6.. 89.... 349 705-595 730 1 076 New Zealand - 1 3 23........ - 116-337 529.... Bermuda 226 105.......... -9 960 11 773...... Developing economies 3 148-2 347 8 365-5 644 10 059 2 598-19 996-5 572 106-5 059 16 275-1 944 Africa - 45 22 2 753-157 - 151-4 - 70-111........ Morocco - - 3-3 - 6-4 - - 2-3 - 1-2 - 2-2 Angola - - - 38-90 - 64-2 - 27-49 - 8-28 - - Nigeria - - - 15-34 - 24-1 - 10-19 - - - - South Africa - 57 18.. 7-34 - 1-24 - 24.... 25.. Latin America and the Caribbean 2 141 2 729 2 428-6 975 10 789 7 694-22 523-5 590-685 - 969-7 1 753 South and Central America - 181-136 368-88 - 87-502 - 38-61 - 6-5 - 7-2 South America - 228 197 370-83 - 78-1 - 35-55........ Argentina - 172 456 5-5 - 3............ - Brazil - 86-217.. - 67-29.... - 33...... - 17 Chile - 143-25.... - 9 -.......... - Peru 45 12-6 - 39-28 - 1-32 - 21-6 - 1-10.. Venezuela, Bolivarian Rep. of 123-30.. - - - 0........ - - Central America 47-332 - 2-5 - 8-501 - 4-6 - 6-5 - 7-2 Mexico 9-338...... - 500.......... - Caribbean 2 321 2 864 2 059-6 887 10 876 8 196-22 484-5 529-679 - 964.. 1 755 Barbados 32-284.. - -.. - - - - - - Cayman Islands 100 10.... 8 670.. 1 397........ 1 755 Asia 1 051-5 116 3 183 1 489-579 -5 092 2 598 129 14-1 766 7 737-2 562 West Asia 978-2 799-50 - 129-92 - 2-40 - 72-61 - 40-89 - 78 Saudi Arabia 890-2 839.......... - 3-2 - 2-8 - 3 Turkey 4-123 - 49-123 - 87-2 - 38-67 - 58-37 - 77-73 United Arab Emirates 83 113.. - 3-2 - - 1.. - - 1.... South, East and South-East Asia 68-2 295-267 -1 044-885 - 17-343 150 23-310 - 236-227 China - 1-458 - 151-678 - 483-12 - 171-369 - 274-168.. - 142 Hong Kong, China 314 485.... - 47............ - India - - 122-4 - 65-47 - 1-26 - 36-37 - 24-61 - 19 Indonesia - 397 198.. - 17-12 - - 5-10 - 6...... Korea, Republic of 39-77 - 50-132 - 94.. - 40-72...... - Malaysia 62 50.. - 34-24.. - 10-18 - 23-9 - 37-14 Pakistan 0-3 292-1 - - 6 - - 3-5 - 4-3 - 8-2 Philippines - - 4-4 - 13-10 - - 4-7 - 3.. - 10-2 Singapore 33 1 229-16 38...... 785 431-55.... Sri Lanka - 22-47.. - 5-3 -.. - 3-2 - 2-4 - 1 Taiwan Province of China 5-174 - 27-23 - 73-2 - 36-56 - 36-27 - 74-27 Thailand 36-52 7-63 - 49.. - 32-33...... - Oceania 2 17 2 - - - - 1-777 -2 324 8 545-1 135 South-East Europe and CIS - 9-771 - 326-808 - 559-1 262-1 456-2 649-15 -3 085-8 South-East Europe - - 19 - - 10-10 - - 4-7 - 7-7 - 12-5 CIS - 9-752 - 326-797 - 550-266 -1 448-2 642-8 -3 073-3 Kazakhstan - - 28-3 - 11-8 - - 3-6 - 9-2 - 7-1 Russian Federation - 13-718 - 400-771 - 531.. 275-1 434-2 606.. -3 055.. Unspecified 18 901 15 674 5 056 2 063 13 247 13 088-5 425 24 733 10 137 56 319-22 776 10 372 Reinvested earnings 28 756-5 558-1 066 7 150 36 621 41 914 20 004 52 562 6 361 12 064 28 693 91 867 Source : UNCTAD FDI/TNC database, based on data from SCB, Statistics Sweden.

Sweden 8 Table 8. FDI flows abroad, by industry, 2000 2011 (Millions of Kronors) Sector / industry 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Total 375 323 75 968 103 216 170 721 163 296 207 048 196 208 262 283 206 471 198 292 129 416 174 353 Primary - 956-4 165-1 930 4 577 8 004 6 996 - - 685 5 292.... Agriculture, hunting, forestry and fishing - 721-3 457-38 - - - - - - - - Mining, quarrying and petroleum - 236-708 - 1 892 4 577 8 004 6 996 - - 685 5 292.... Secondary 65 059 37 108-27 278 64 965 41 714 58 972 56 795 83 743 64 799 77 302 45 32 206 Food, beverages and tobacco 3 941 13 203 1 362 1 226-17 441 4 285-6 829-1 380-2 641...... Textiles, clothing and leather 33 38 95 - - - - - - - - - Wood and wood products 117 208-83 - 1 524 674 175-720 - 1 070 - Publishing and printing - - - - - - - - - - - - Coke, petroleum products and nuclear fuel - - - - - - - -...... - Chemicals and chemical products 12 515-7 138 8 935 63 611 30 179 35 677 25 540 1 921 41 325 23 461-5 302 3 911 Rubber and plastic products - - - - - - - -........ Non-metallic mineral products - - - - - - - - - - - - Metal and metal products 18 030 3 656-2 223-5 688-10 090 12 840-7 235-8 854 3 112 11 322 23 831 37 569 Machinery and equipment - - - - - - - -........ Electrical and electronic equipment - - - - - - - - - - - - Precision instruments - - - - - - - - - - - - Motor vehicles and other transport equipment 7 582 19 601 3 359 4 981 8 527 6 192 12 169 6 849 28 081 6 572-20 855-13 704 Other manufacturing 7 493 10 474-30 612 10 630 18 692 6 834 12 046 47 936-4 771 1 238-2 141 3 411 Tertiary 223 285 25 421 89 729 31 327 63 375 56 505 88 399 16 248 45 988-13 127 45 243-1 904 Electricity, gas and water 15 004 9 233 10 145-3 601 625 8 870 9 389-5 667 32 799.. - - Construction 4 799 3 654-746 -1 166 180 705 1 703-2 524 1 356-3 274 - - Trade 560 5 126-7 394-4 024 11 887 5 061 7 751 22 438-703 -7 382 1 821-7 745 Hotels and restaurants 182 261 78 324 - - - - 429 - - - - Transport, storage and communications 52 897-1 777 61 465-2 766 8 633 12 267 9 715-17 657-27 475 16 093 6 832 4 382 Transport and storage -3 201 945 2 005 3 367 5 529-1 997-3 727 1 911 373 669 3 285 4 382 Post and communications 56 097-2 723 59 460-6 132 3 104 14 264 13 442-19 567-27 848 15 424 3 547.. Finance 124 170-11 919 21 069 53 211 26 158 2 862 34 652-13 539 32 775-18 174 20 055-1 989 Financial intermediation 120 385-16 067 13 474 59 656 8 946 6 559 - -26 898 30 885-17 638 23 294-376 Insurance and pension funding 4 355 1 444 7 179-11 547 15 679-4 085 - -3 562-730 - - 69-2 140 Activities auxiliary to financial intermediation - 570 2 703 416 5 103 1 534 387-16 921 2 620.. -3 170 526 Business activities 26 408 20 145-764 -11 948 14 946 23 278 21 867 47 202 752-380 16 535 3 448 Real estate 5 978 16 613 943-14 242-3 066-161 1 756 21 110 4 537.. 17 312 3 448 Computer and related activities 6 525 3 213-2 474-1 524 13 429 9 125 - - - - - Research and development 1 202 210 252-1 535 2 081 8 529 - - - - - Other business activities 12 446-242 - 471-15 064 7 347-7 968 27 771-5 074.. - 777.. Public administration and defence - - - - - - - - - - - - Education - - - - - - - - - - - - Health and social services - - - - - - - - - - - - Community, social and personal service activities - - - - - - - - - - - - Other services - 735 699 5 877 1 297 946 3 461 3 321-13 577 6 484-10 - - Unspecified 8 954-4 486-2 298-3 427 32 414-2 885 11 916 10 085 31 794 82 474 3 585-49 092 Private buying and selling of property 58 279-920 838 969 876 1 194 1 214 1 114 1 573 1 164 Reinvested earnings 78 924 21 811 43 064 75 005 20 378 85 483 31 226 151 013 63 360 45 236 78 970 191 979 Source : UNCTAD FDI/TNC database, based on data from SCB, Statistics Sweden. Note : Data for 2008-2010 are from a Nace Rev.2 classification. Wood products include publishing and printing. Chemical products include petroleum and rubber and plastic products. Metal includes machinery.

Sweden 9 Table 9. FDI flows abroad, by geographical destination, 2000 2011 (Millions of Kronors) Region / economy 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Total world 375 323 75 968 103 216 170 721 163 296 207 048 196 208 262 283 206 471 198 292 129 416 174 353 Developed eonomies 270 223 41 403 51 322 87 818 111 308 88 563 139 410 83 952 111 187 119 877 22 998-32 575 Europe 237 582 14 506 47 253 106 870 113 167 106 374 130 559-36 333 118 363 123 034-27 839-33 564 European Union 206 715 15 032 65 714 89 381 96 514 97 434 126 687-36 099 114 943 123 227-51 710-49 889 Austria 844-1 444-2 031 141 1 155 1 328-1 366-203 -1 927 949-8 956 515 Belgium - 506 12 456-28 942 5 456-971 - 254 17 765-31 501 52 320 28 403-5 323 14 510 Bulgaria - 58 233.. 180-40 219 442.. - 570 43 31 Cyprus - 56 4.. - 6.. - 7.... 1 641...... Czech Republic - 506-47 800-841 -1 722 1 614-668 - 662 534 1 255 863-1 566 Denmark 46 836-10 347 2 250 34 859 7 016 12 054 6 323 18 202 2 334 5 538 3 920-56 921 Estonia 1 193 956 963 819-24.. 629 320 728 6 941 1 786.. Finland 50 001 26 722 76 947-5 112-7 381 22 225 48 262-14 512 11 172-12 891-9 419 4 334 France 3 794-4 668 730 7 870 1 020-2 533 8 191-1 670 8 291-1 230-10 550-1 623 Germany 32 710 8 360-1 806-4 471 13 198 4 397-8 466 322-5 256-1 562-3 361-10 098 Greece 216-46 - 41-50 336 77-18 84 291-46 4-65 Hungary 824-25.. - 186-153 1 267.. 453-282 340 40-375 Ireland 23 760-31 769 431-7 697 1 559-1 514-6 342-880 18 199-4 031-1 120 868 Italy 5 879-5 689 11 502 5 758-4 370-5 828 4 330 1 531 3 581-3 417-1 777 4 049 Latvia 3 009 1 012-105 -2 023.... 636-780 438 2 105 877.. Lithuania 864 156.. 736 895-99 - 200-554 2 034 3 674 2 987.. Luxembourg 20 770 5 417 882 15 856 23 138 3 740 4 337-6 103-29 878-15 167.. 2 347 Netherlands -5 427-2 193 9 562 160 19 576 14 513 12 515-9 774 5 673 98 196 9 009 36 161 Poland 7 384 5 132 3 789 139 1 494-2 037-1 165 56 6 185-3 159-3 724-8 807 Portugal 1 049 94 74-148 86 124-2 970 4 557 455-402 137-290 Romania 106 225.. - 14-27 128 495 1 782 1 331-464 -1 191-771 Slovakia - 5-411 106-26 124-51 - 211-285 905 114-774 - 188 Spain 3 768 1 203-43 -2 719 7 314 4 541 1 419-939 9 959-2 925-414 -10 679 United Kingdom 10 110 10 532-7 509 40 883 33 917 29 295 23 893 2 188 15 492 21 440-28 206-4 352 Other developed Europe 30 867-526 -18 462 17 489 16 653 8 939 3 872-234 3 420-193 23 871 16 325 Iceland - 32-70.. - 26-17.... - 13-41 - 39-5 - 6 Norway 33 767 3 087 1 601 19 562 31 322-1 962 6 657-1 569-4 263-10 074 23 838 12 358 Switzerland -2 866-3 477-20 060-2 045-14 650 10 905-2 784 1 349 7 729 9 923 45 3 974 North America 30 618 26 578 4 139-17 423-3 005-19 710 3 485 119 826-6 782-2 138 54 246-717 Canada - 825 1 152 80-1 817 1 287 261 4 163 9 326-6 836 883-638 413 United States 31 443 25 426 4 058-15 606-4 293-19 971-679 110 500 54-3 021 54 884-1 130 Other developed countries 2 022 319-70 -1 630 1 147 1 899 5 366 459-394 -1 019-3 409 1 706 Australia - 954-1 240-308 - 531 2 104 2 351-255 - 301-110 - 249-1 911 1 589 Israel 1 270 19 188 91................ Japan 1 654 1 204.. -1 090-997 - 177 5 558 893-298 - 653-1 420 28 New Zealand 17-27 51-97 41-272 65-132 24-112 - 78 98 Bermuda 37 386 - -............ - - Developing economies 16 265-2 840 2 608 494 5 244 16 064 2 104 11 628-1 162 10 240 6 168 6 455 Africa 2 602-43 - 213 258 189 3 925-1 175 772-2 794 7 123-814 2 771 Algeria - 3-51 - 40-32 - 25-46 - 23-18 - 27-51 - 6-37 Egypt 308-114 - 32-21 - 16-49 20...... - - Morocco 1 702-44 - 22 34-42 - 63-61.. - 7...... Sudan - 1-20 - 8-8 - 6-12 - 7-4 - 25-8 - 1-3 Angola - 1-5 - 4-4 - 3-6 - 4-2 - 18-26 - 2-6 Congo, Democratic Republic of 108-15 - - - - - - - 3-3 - - 1 Ghana - 20 10-12 - 12 9-8 - 6-22.... - - Liberia 9-151...... - - - - 1-7 - - 14 Nigeria 4-29 - 11.. - 19-21 - 25.. - 15-106.... South Africa 441 377-101 137 724 637 287-74 - 130-370 - 732 322 Latin America and the Caribbean 7 215-2 070-6 293-3 373 3 265 11 134-295 -2 488-2 454 3 186 2 827 1 072 South and Central America 7 121-2 242-2 122-3 470 2 091 11 075 311-924 -2 081 3 169 2 660 1 105 South America 4 366-7 137-2 110-720 1 318 5 566-280 - 291 1 362 3 600-126 550 Argentina 373 267-28 - 883 77 32 402-358 - 78-146 341 473 Brazil 3 968-7 942-1 603-478 1 328-819 - 838-26 888 2 858 138 1 432 Colombia 113-3...... - 51-14 - 22.. 203.. 4 Ecuador - 60 2............ - 45-13 18.. Peru 150-6 - 13-22 - 80 1 4-104 53 297-20 - 44 Venezuela, Bolivarian Rep. of - 72 126...... 8 9.. 24 145.... Central America 2 755 4 895-12 -2 750 773 5 510 591-633 -3 443-431 2 786 555 Mexico 2 725 4 915.. -2 741 774 5 511 592-632 -3 433-432 2 786 556 Caribbean 94 172-4 171 98 1 174 58-606 -1 564-373 17 167-33 Cayman Islands 193 - - - - - - - -.. - - Dominican Republic - - 10-7 - 7-5 - 10-6 - 4-7 - 7 - - 2 Asia 6 308-714 9 235 3 610 1 796 1 008 3 581 6 366 4 091-67 4 155 2 614 West Asia 949 643 1 518-249 - 159-276 7 222 1 278-833 336 35 Iraq - - 4-3 - 3-2 - 5-3 - 2-16 - 13-2 - 5 Jordan - 1-17 - 9-10 - 8-14.... - 8-9 - 1 2 Kuwait - 2-24 - 10-10 - 8-14 - 8-6 - 13-13 - 1-5 Oman - 2-27 - 11-11 - 9-17 - - 7-28.. - 3-4 Qatar - 4-58 - 2-2 - 2-3 - 2-1 - 22-15 - 3-5 Saudi Arabia - 6-57 - 46 39-59 - 111-64 - 29-120 - 83-20 - 136 Syrian Arab Republic - 1-10 - 13-13 - 10-19 - 11-7 - 22-23 - 1-3 Turkey 969 991 1 710-197 - 22-48 117 277 784-520 - 19 177 United Arab Emirates - 3-135 - 88-36 - 35-38 - 18.. 733-145 387 16 South, East and South-East Asia 4 095-1 361 1 430-556 1 458 139 3 027 3 163 1 721 348 3 545 1 204 China - 459-160 75 31-59 612 1 193 764 1 100 1 931 113 458 Hong Kong, China 5 319 5 605.... 429-109 142 206-369 - 163 138 48 India 479 223 379-452 477-293 280 959 1 743 157-47 107 Indonesia 16 30.. 3.. 406.. - 176-1 120-27.... Korea, Republic of 289-57 1 027.. 383 269.. 161-227 1 008 3 647-395 Malaysia - 136-71 30-10.. 9-43.. 132 24 3 220 Pakistan - 1-283 - 20-20 - 16........ - 59.... Philippines - 13-165 - 23-50 - 40-35 - 19 117 192.. - 54 17 Singapore -1 255-5 868.... 241-613 1 395 1 048 37-1 927-377 237 Taiwan Province of China 16-73 - 21-57 - 34 68.. 71 425-517 149 28 Thailand - 83-514 78 99 138 110 103 26-113 57-5 651 Oceania 140-14 - 121-2 - 6-3 - 8 6 977-5 - 2 - - 2 South-East Europe and CIS - 66 491 390 734 3 432 4 331 937 1 016 5 530 16 451 5 867 242 South-East Europe - 7 187 46 36-6 - 3-264 262-68 9 428-235 49 Croatia - 11 217 46 44 8.. - 255 265-50 9 436-357.. CIS - 59 303 344 698 3 438 4 334 1 201 754 5 598 7 023 6 102 193 Russian Federation - 122 595 369 715 3 609 4 382 1 160 769 3 928 4 112 5 729-145 Ukraine 84-231.... - 158-23 52.. 1 703 2 950 376 355 Unspecified 9 977 15 104 5 833 6 670 22 934 12 608 22 532 14 674 27 556 6 488 15 413 8 252 Source : UNCTAD, FDI/TNC database based on data from SCB, Statistics Sweden.

Sweden 10 Table 11. FDI stocks in the host economy, by industry, 2000 2011 (Millions of Kronors) Sector / industry 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Total 897 000 986 000 1 053 000 1 144 000 1 310 000 1 371 000 1 558 000 1 873 000 2 173 000 2 355 000 2 339 000.. Primary - - - - - - - - - - -.. Agriculture, hunting, forestry and fishing - - - - - - - - - - -.. Mining, quarrying and petroleum - - - - - - - - - - -.. Secondary 624 000 596 000 580 000 694 000 744 000 735 000 741 000 839 000 1 023 000 1 077 000 1 047 000.. Food, beverages and tobacco 23 000 36 000 32 000 35 000 38 000 35 000 39 000 46 000 199 000 196 000 190 000.. Textiles, clothing and leather - - - - - - - - - - -.. Publishing and printing - - - - - - - - - - -.. Coke, petroleum products and nuclear fuel - - - - - - - - - - -.. Chemicals and chemical products 277 000 264 000 268 000 306 000 355 000 329 000 330 000 375 000 418 000 418 000 411 000.. Rubber and plastic products - - - - - - - - - - -.. Non-metallic mineral products - - - - - - - - - - -.. Metal and metal products - - - - -........ - -.. Machinery and equipment - - - - -........ - -.. Electrical and electronic equipment - - - - -........ - -.. Precision instruments - - - - -........ - -.. Motor vehicles and other transport equipment 206 000 163 000 175 000 192 000 170 000 183 000 175 000 197 000 235 000 241 000 233 000.. Other manufacturing - 95 000 56 000 67 000 84 000 90 000 86 000 97 000 63 000 70 000 66 000.. Tertiary 268 000 334 000 409 000 347 000 540 000 635 000 784 000 987 000 1 070 000 1 143 000 1 153 000.. Electricity, gas and water 56 000 67 000 97 000 101 000 95 000 137 000 164 000 191 000 229 000 234 000 231 000.. Construction 18 000 95 000 82 000 42 000 39 000 50 000 73 000 112 000 128 000 132 000 146 000.. Trade 81 000 89 000 93 000 94 000 123 000 109 000 139 000 184 000 159 000 196 000 181 000.. Hotels and restaurants - -.... 15 000 14 000 15 000 12 000 9 000 7 000 9 000.. Transport, storage and communications - 37 000 63 000 68 000 82 000 69 000 104 000 103 000 86 000 93 000 96 000.. Finance 29 000 20 000 43 000 15 000 136 000 168 000 206 000 238 000 207 000 233 000 254 000.. Business activities - - - - - - - - - - -.. Public administration and defence - - - - - - - - - - -.. Education - - - - - - - - - - -.. Health and social services - - - - - - - - - - -.. Community, social and personal service activities - - - - - - - - - - -.. Unspecified 5 000 56 000 64 000 103 000 26 000 1 000 33 000 47 000 80 000 135 000 139 000.. Source : UNCTAD, FDI/TNC database based on data from SCB, Statistics Sweden.

Sweden 11 Table 12. FDI stocks in the host economy, by geographical origin, 2000 2011 (Millions of Kronors) Region / economy 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Total world 897 000 986 000 1 053 000 1 144 000 1 310 000 1 371 000 1 558 000 1 873 000 2 173 000 2 355 000 2 339 000.. Developed countries 866 000 925 000 998 000 1 110 000 1 281 000 1 333 000 1 504 000 1 796 000 2 131 000 2 301 000 2 301 000.. Europe 656 000 706 000 767 000 901 000 1 001 000 1 059 000 1 237 000 1 507 000 1 860 000 2 093 000 2 088 000.. European Union 515 000 579 000 646 000 790 000 876 000 915 000 1 059 000 1 290 000 1 659 000 1 849 000 1 857 000.. Austria.. - 7 000 8 000 7 000 7 000 12 000 7 000 11 000 12 000 13 000.. Belgium - - 49 000 44 000 22 000 57 000 85 000 112 000 156 000 170 000 180 000.. Cyprus - - - - 6 000 11 000 8 000 13 000 16 000 22 000 17 000.. Denmark 34 000 40 000 40 000 38 000 43 000 59 000 66 000 77 000 159 000 186 000 178 000.. Finland 131 000 149 000 175 000 177 000 166 000 141 000 154 000 158 000 178 000 230 000 214 000.. France 7 000 31 000 32 000 28 000 30 000 39 000 47 000 73 000 63 000 71 000 73 000.. Germany 63 000 70 000 63 000 86 000 92 000 103 000 123 000 126 000 173 000 150 000 144 000.. Ireland - -.. -10 000 5 000 4 000........ 25 000.. Italy - - - - -.... 9 000 1 000 7 000 6 000.. Luxembourg - - 20 000 60 000 49 000 47 000 78 000 168 000 310 000 321 000 317 000.. Netherlands 99 000 111 000 124 000 152 000 237 000 243 000 256 000 295 000 333 000 344 000 368 000.. Poland - - - - - - - - - -7 000-5 000.. Spain - - - - - - - -.. 7 000 5 000.. United Kingdom 127 000 121 000 143 000 206 000 226 000 208 000 266 000 294 000 312 000 311 000 301 000.. Other developed Europe 141 000 127 000 121 000 111 000 125 000 144 000 178 000 217 000 201 000 244 000 231 000.. Norway 55 000 52 000 68 000 69 000 70 000 91 000 124 000 146 000 131 000 151 000 145 000.. Switzerland 86 000 75 000 53 000 42 000 55 000 46 000 47 000 63 000 57 000 66 000 59 000.. North America 210 000 219 000 219 000 192 000 256 000 247 000 233 000 264 000 228 000 195 000 195 000.. Canada - - - - -.... 20 000 20 000 31 000 48 000.. United States 210 000 219 000 219 000 192 000 256 000 247 000 233 000 244 000 208 000 164 000 147 000.. Other developed countries - - 12 000 17 000 24 000 27 000 34 000 25 000 43 000 13 000 18 000.. Japan - - 12 000 12 000 14 000 16 000 19 000 23 000 21 000 13 000 18 000.. Bermuda - -.. 5 000 10 000 11 000 15 000 2 000 22 000 - -.. Developing economies - 16 000 7 000 16 000 15 000 18 000 28 000 58 000 15 000 37 000 32 000.. Africa - - - - - - - - - - -.. Latin America and the Caribbean - -.. 6 000 6 000 14 000 24 000 46 000 9 000 25 000 16 000.. South and Central America - - - - - - - - - - -.. Caribbean - -.. 6 000 6 000 14 000 24 000 46 000 9 000 25 000 16 000.. Cayman Islands - -.. 6 000 6 000 14 000 24 000 30 000 7 000.. 3 000.. Asia - 16 000 7 000 10 000 9 000 4 000 4 000 12 000 6 000 12 000 16 000.. West Asia - -.. 8 000 - - - - - - -.. Saudi Arabia - -.. 8 000 - - - - - - -.. South, East and South-East Asia - - - - - - - - - - -.. Oceania - - - - - - - - - - -.. South-East Europe and CIS - - - - - - - - - - -.. South-East Europe - - - - - - - - - - -.. CIS - - - - - - - - - - -.. Unspecified 31 000 45 000 48 000 18 000 14 000 20 000 26 000 19 000 27 000 17 000 6 000.. Source : UNCTAD, FDI/TNC database based on data from SCB, Statistics Sweden.

Sweden 12 Table 14. FDI stocks abroad, by industry, 2002 2011 (Millions of Kronors) Sector / industry 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Total 1 261 000 1 298 000 1 374 000 1 610 000 1 760 000 2 080 000 2 462 000 2 461 000 2 423 000.. Primary - - - - - - - - -.. Agriculture, hunting, forestry and fishing - - - - - - - - -.. Mining, quarrying and petroleum - - - - - - - - -.. Secondary 619 000 634 000 660 000 779 000 848 000 1 007 000 1 175 000 1 182 000 1 130 000.. Food, beverages and tobacco 24 000 31 000 23 000 30 000 32 000 40 000 40 000...... Textiles, clothing and leather - - - - - - - - -.. Wood and wood products 72 000 73 000 49 000 59 000 69 000 91 000 67 000...... Publishing and printing - - - - - - - - -.. Coke, petroleum products and nuclear fuel - - - - - - - - -.. Chemicals and chemical products 95 000 132 000 167 000 223 000 228 000 249 000 312 000 316 000 285 000.. Rubber and plastic products - - - - - - - - -.. Non-metallic mineral products - - - - - - - - -.. Metal and metal products 382 000 348 000 345 000 399 000 438 000 532 000 638 000 603 000 589 000.. Machinery and equipment - - -........ - -.. Electrical and electronic equipment - - -........ - -.. Precision instruments - - -........ - -.. Motor vehicles and other transport equipment - - -........ - -.. Other manufacturing 45 000 50 000 62 000 64 000 79 000 96 000 119 000 124 000 117 000.. Tertiary 537 000 590 000 649 000 763 000 847 000 961 000 1 187 000 1 168 000 1 172 000.. Electricity, gas and water 40 000 46 000 28 000 32 000 55 000 64 000 79 000 103 000 136 000.. Construction 73 000 36 000 29 000 39 000 43 000 81 000 84 000 82 000 81 000.. Trade 71 000 61 000 79 000 93 000 99 000 117 000 165 000 183 000 198 000.. Hotels and restaurants - - - 1 000 2 000.. 8 000 - -.. Transport, storage and communications 79 000 101 000 125 000 152 000 132 000 201 000 168 000 137 000 123 000.. Finance 247 000 328 000 365 000 406 000 454 000 420 000 505 000 477 000 480 000.. Financial intermediation 205 000 299 000 312 000 354 000 406 000 364 000 463 000 437 000 421 000.. Insurance and pension funding 42 000 29 000 53 000 52 000 48 000 56 000 42 000 40 000 59 000.. Business activities - - - - - - - - -.. Public administration and defence - - - - - - - - -.. Education - - - - - - - - -.. Health and social services - - - - - - - - -.. Community, social and personal service activities - - - - - - - - -.. Other services - - - - - - - - -.. Unspecified 105 000 74 000 65 000 68 000 65 000 112 000 100 000 111 000 121 000.. Source: UNCTAD, FDI/TNC database based on data from SCB, Statistics Sweden. Notes: Motor vehicles includes all metal products and machinery.

Sweden 13 Table 15. FDI stocks abroad, by geographical destination, 2001 2011 (Millions of Kronors) Region / economy 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Total world 1 279 000 1 261 000 1 298 000 1 374 000 1 610 000 1 760 000 2 080 000 2 462 000 2 461 000 2 423 000.. Developed countries 1 194 000 1 153 000 1 216 000 1 270 000 1 455 000 1 584 000 1 882 000 2 243 000 2 228 000 2 158 000.. Europe 892 000 911 000 983 000 1 037 000 1 185 000 1 349 000 1 519 000 1 847 000 1 813 000 1 699 000.. European Union 761 000 786 000 853 000 906 000 1 038 000 1 214 000 1 356 000 1 648 000 1 588 000 1 471 000.. Austria 10 000 9 000 5 000 7 000 8 000 7 000 10 000 8 000 4 000.... Belgium.. 13 000 13 000 17 000 19 000 49 000 62 000 90 000 150 000 137 000.. Czech Republic 5 000 5 000 5 000 5 000 7 000 6 000 8 000 11 000 9 000 10 000.. Denmark 83 000 86 000 108 000 111 000 130 000 121 000 167 000 184 000 172 000 166 000.. Estonia 7 000 9 000 10 000 14 000 21 000 23 000 34 000 46 000 36 000 32 000.. Finland 165 000 177 000 207 000 199 000 256 000 302 000 262 000 347 000 324 000 287 000.. France 38 000 45 000 46 000 41 000 46 000 44 000 53 000 69 000 59 000 43 000.. Germany 99 000 80 000 79 000 86 000 90 000 92 000 141 000 115 000 117 000 125 000.. Hungary 7 000 6 000 6 000 7 000 8 000 5 000 5 000 6 000 6 000 4 000.. Ireland 23 000 22 000 11 000-4 000 3 000 1 000-2 000 17 000 14 000 14 000.. Italy 16 000 20 000 27 000 25 000 21 000 30 000 29 000 36 000 37 000 32 000.. Latvia 5 000 7 000 4 000 4 000 5 000 8 000 9 000 13 000 9 000 8 000.. Lithuania 5 000 5 000 7 000 7 000 8 000 9 000 12 000 15 000 11 000 13 000.. Luxembourg.. 8 000 27 000 52 000 35 000 77 000 87 000 80 000 64 000 65 000.. Netherlands 100 000 127 000 121 000 152 000 144 000 151 000 200 000 279 000 250 000 237 000.. Poland 16 000 18 000 18 000 14 000 16 000 16 000 27 000 32 000 29 000 29 000.. Portugal 6 000 5 000.. 3 000 4 000 3 000 5 000 9 000 5 000 7 000.. Spain 18 000 19 000 18 000 25 000 32 000 37 000 39 000 53 000 40 000 36 000.. United Kingdom 131 000 125 000 137 000 140 000 180 000 205 000 174 000 200 000 209 000 185 000.. Other developed Europe 131 000 125 000 130 000 131 000 147 000 135 000 163 000 199 000 225 000 228 000.. Norway 73 000 79 000 92 000 114 000 117 000 114 000 139 000 153 000 176 000 182 000.. Switzerland 58 000 46 000 38 000 17 000 30 000 21 000 24 000 46 000 49 000 46 000.. North America 280 000 228 000 223 000 222 000 258 000 223 000 341 000 359 000 377 000 412 000.. Canada 14 000 16 000 6 000 8 000 12 000 12 000 23 000 18 000 19 000 17 000.. United States 266 000 212 000 217 000 214 000 246 000 211 000 318 000 341 000 358 000 395 000.. Other developed countries 22 000 14 000 10 000 11 000 12 000 12 000 22 000 37 000 38 000 47 000.. Australia 8 000 8 000 7 000 8 000 9 000 9 000 12 000 14 000 16 000 21 000.. Japan 8 000 6 000 3 000 3 000 3 000 3 000 10 000 23 000 22 000 26 000.. Bermuda 6 000 -.. - - - - - - -.. Developing economies 75 000 62 000 61 000 82 000 115 000 137 000 116 000 141 000 163 000 192 000.. Africa 10 000 10 000 13 000 14 000 20 000 20 000 16 000 17 000 18 000 26 000.. Morocco - 10 000 9 000 9 000 10 000 9 000 - - - -.. South Africa - - - -.. 5 000 6 000 7 000 5 000 7 000.. Latin America and the Caribbean 35 000 29 000 21 000 27 000 37 000 36 000 44 000 42 000 53 000 59 000.. South and Central America 35 000 29 000 21 000 26 000 27 000 25 000 28 000 28 000 37 000 40 000.. South America 25 000 21 000 15 000 17 000 14 000 15 000 18 000 16 000 28 000 29 000.. Brazil 13 000 8 000 7 000 10 000 14 000 15 000 18 000 16 000 28 000 29 000.. Central America 10 000 8 000 6 000 9 000 13 000 10 000 10 000 12 000 9 000 11 000.. Mexico 10 000 8 000 6 000 9 000 13 000 10 000 10 000 12 000 9 000 11 000.. Caribbean - - - - - - - - - -.. Asia 30 000 23 000 27 000 39 000 56 000 78 000 54 000 81 000 90 000 104 000.. West Asia -.. 9 000 12 000 15 000 20 000.... - -.. Turkey -.. 9 000 12 000 15 000 20 000.... - -.. South, East and South-East Asia 11 000 10 000 18 000 27 000 41 000 58 000 54 000 81 000 90 000 104 000.. China 11 000 10 000 6 000 9 000 14 000 13 000 16 000 24 000 30 000 36 000.. India - - - - -.. 6 000 10 000 12 000 12 000.. Korea, Republic of -.. 6 000 7 000 9 000 9 000 9 000 19 000 23 000 25 000.. Malaysia - - - -.... 6 000 7 000 7 000 8 000.. Oceania - - - 2 000 2 000 3 000 2 000 1 000 2 000 3 000.. South-East Europe and CIS 9 000 8 000 16 000 18 000 29 000 30 000 42 000 53 000 45 000 43 000.. South-East Europe - - - - - - - - - -.. CIS 7 000 9 000 13 000 14 000 22 000 30 000 42 000 53 000 45 000 43 000.. Russian Federation 7 000 9 000 13 000 14 000 22 000 30 000 42 000 53 000 45 000 43 000.. Unspecified 1 000 38 000 5 000 4 000 11 000 9 000 40 000 25 000 25 000 30 000.. Source : UNCTAD, FDI/TNC database based on data from SCB, Statistics Sweden.