|
Other SAE Magazines Sites
|
|
Global Development: Part II Europe
Sweden
-
Sweden's population is 8.85 million with a GDP of $240 billion and a per capita income of $27,000. The taxes are one of the heaviest to its people. The top income tax rate is 56% (average: 31%). The top corporate tax rate is 28%, with a 30% capital gains tax and a 6-25% value-added tax. The government consumes about 50% of GDP. The inflation rate is about 2.3% and the exchange rate 7.85 kroners=$1.00.
Sweden in 1998 had a total passenger car fleet of 3.8 million units and new registrations of 243,000. About 375,000 units were made in Sweden in 1998, with production forecasts at 365,000 in 2000.
Passenger Car Production
| Manufacturer |
1998 |
2000 |
| GM/Saab |
95,000 |
95,000 |
| Ford/Volvo |
280,000 |
270,000 |
| Total |
375,000 |
365,000 |
|
Country profiles were provided by Raymond Champagne
|
|
|
