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The Sweden Economy comes under the high income OECD group countries, according to the classification made by the World Bank on the basis of Income and region for the year 2006. Both Industrial sector as well as agricultural sector plays a significant role in the economic performance of the country.
according to the classification made by the World Bank on the basis of income and region for the year 2005. The country has a total surface area of 390.8 thousand square kilometer in the year 2004 with a total forest area of 191.1 thousand square kilometer as in 2000.
ECONOMIC INDICATORS
Among the various sectors in the economy, the growth rate of Gross Domestic Product of the country was 2.7% in the year 2005, compared to 3.2% in the previous year. The growth rate of Gross Domestic Product in the country over years is as follows:
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STRUCTURE OF SWEDEN ECONOMY
Among the various sectors of the economy, the industrial sector plays an important role in the country. Recently the Agricultural sector has also contributed a lot to the country's Gross Domestic Product.
The major industries in the country are iron, steel, wood pulp, paper products, and motor vehicles. The important agricultural products in the country are wheat, barley, sugar and milk.
Further Resources
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