Sweden in the top for rankings on global competitiveness, the Swedish Institute reports

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A recent report from the Swedish Institute, a public agency dedicated to fostering global interest and trust in Sweden, underscores the enduring strength of Swedish competitiveness across various key areas including investment, export, talent attraction, sustainability, and innovation. Despite its size, Sweden has impressively secured the 8th position in the World Competitiveness Ranking 2023, highlighting its significant global influence.

Key highlights from the report reveal Sweden’s remarkable credibility in driving the green transition, reflected in its top-ranking positions in prestigious indices such as the Nation Brands Index 2023, Global Soft Power Index, and Best Countries survey. This solidifies Sweden’s reputation as a leading player in environmental initiatives, offering a competitive edge for Swedish exports and attracting investment and talent.

Furthermore, Sweden maintains a robust international reputation, characterized by reliability and innovation, fostering trust and collaboration with global partners. Its resilient economic performance in 2023, evidenced by positive indicators like GDP growth and employment rates, underscores Sweden’s economic stability amidst global challenges.

Sweden’s skills in innovation and technology continue to shine, positioning the nation as a frontrunner in green technology, digitalization, and research. Notably, Sweden ranks 2nd in the Global Innovation Index 2023, further solidifying its status as a global innovation leader.

Lastly, Sweden’s attractive business environment, marked by stability, transparency, and adherence to the rule of law, further bolsters its competitiveness, making it an appealing destination for entrepreneurship and investment.

Download the report here (only available in Swedish).