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Economy

Record growth for final quarter of 2010

Published tisdag 1 mars 2011 kl 10.30

The Swedish gross domestic product, GDP, rose by 5.5 percent during 2010. This is the biggest increase of GDP since 1970 and an impressive figure compared to many other European countries, according to statistics Sweden.

The GDP grew by 7.3 percent in the last quarter of 2010 compared to 2009. It was mainly sales of cars and consumer electronics that lead to the increase. Sweden's exports increased by 13 percent, and imports also increased with just under 13 percent.

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