Sweden

Economic sectors

As in much of western Europe, the Swedish economy after World War II has gradually become service-oriented, and by 1997, the service sector accounted for 67.3 percent of GDP. Manufacturing contributes 30.5 percent to GDP, and agriculture 2 percent. Private companies account for about 90 percent of manufacturing output, of which the engineering sector accounts for half of

both output and exports. Among the healthiest sectors of the Swedish economy are traditional export-oriented industries like automobiles and construction equipment, as well as services, information technology, and telecommunications.