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The economic history of Sweden, since the Iron Age, has been characterized by extensive foreign trade based on a small number of export and import commodities, often derived from the widely available raw materials iron ore and wood. An industrial expansion in the latter half of the 19th century transformed the society on many levels.
Modern economic growth in Sweden took off in the middle of the nineteenth century and in international comparative terms Sweden has been rather successful during the past 150 years. This is largely thanks to the transformation of the economy and society from agrarian to industrial.
The Swedish Model. The central feature of the so-called “Swedish model” was the historical compromise between a social democratic ruled state and a privately owned industrial sector. The compromise constituted a middle way between unrestricted capitalism and a centrally planned economy.
Summary. The Swedish growth trajectory began in the mid-19th century as external demand for its staples added an important impetus to industrialization and structural transformation. Since then, GDP per capita has increased by a factor of 21, which means that GDP per capital has doubled 4.4 times.
Historical development of real GDP per capita in Sweden. The economy of Sweden is a highly developed export-oriented economy, aided by timber, hydropower, and iron ore. These constitute the resource base of an economy oriented toward foreign trade.
28 maj 2010 · In the empirical part, we first measure agricultural production in southern Sweden for the period 1702 to 1864 and discuss the overall trend and variations. We then explain differences in economic performances at a micro-level, elaborating a number of possible determinants in a multivariate regression analysis. 2.
9 paź 2012 · Estimates of HNA in Sweden back to 1560. A systematic construction of historical national accounts for Sweden during 1560–1800 is undertaken, using methods similar to those employed in recent European constructions of pre-modern GDP series.
