Swedish Economy

Sweden has very strong economy. It has good natural resources and strong industries. It sells a lot of goods earning it a $406.072 billion in 2009.

Sweden's main industry is metals. It is one of the World's leading Iron ore producer and has many other metals it relies on. Sweden has other industries such as pharmaceuticals, timber, machines, tools, and communications. Although it has many industries Sweden attains most of its revenue from taxes half to be exact. Despite Sweden's high taxes, it has one of the highest living standards in the world.

Sweden has had great movement from agriculture to industry in the last 50 years. More people are moving from small owns to big cities. This has increased production in modern day things but still agriculture had grown bigger with new scientific methods. Industry contributed 28% of income, and agriculture barely alive with 1%.