Regional accounts, 2016
GDP at regional level rose most in Örebro County
Statistical news from Statistics Sweden 2018-12-14 9.30
The Gross Regional Domestic Product (GRDP) increased in volume terms in all but two counties in Sweden in 2016. GRDP rose most in Örebro County and Stockholm County had the highest GRDP per capita, GRDP per employed and disposable income per capita. Gross fixed capital formation rose in seven of the eight NUTS 2 regions.
Örebro County was the county with the largest growth rate in GRDP, increasing by 5.7 percent compared to 2015. Jönköping County and Halland County followed, with an increase in GRDP of 4.9 percent each. In Stockholm County, GRDP rose by 2.8 percent, in Västra Götaland County, GRDP rose by 2.9 percent and in Skåne county the increase was 2.3 percent.
Two counties, Blekinge County and Västernorrland County, showed a negative growth rate in 2016, with a drop of 1.3 and 0.1 percent, respectively.
Regional contributions to GDP: largest contributions from counties with the largest cities
Sweden’s GDP rose by 2.7 percent in volume terms in 2016. Among these 2.7 percent, the metropolitan counties contributed 1.6 percentage points. Stockholm County contributed the most, 0.9 percentage points, while Västra Götaland County contributed 0.5 percentage points and Skåne County contributed 0.3 percentage points. The three counties that had the largest growth rates (Örebro, Jönköping and Halland) contributed 0.1 percentage point each, respectively.
GRDP per capita: Stockholm County and Västra Götaland County above national average
GRDP per capita in current prices rose in all counties in 2016, except in Blekinge County. The highest GRDP per capita, SEK 624 000, was in Stockholm County, which means it was above the national average of SEK 442 000. GRDP in Västra Götaland County, at SEK 448 000, was also above the national average. The lowest GRDP per capita was in Södermanland County, SEK 317 000.
The large differences in GRDP per capita between neighbouring counties can be explained, in part, by commuting patterns. (For more information, see the explanatory notes at the end of this document.)
GRDP per employed person: Stockholm County in the top
The national GRDP average per employed person was SEK 986 000 in 2016. Stockholm County, with GRDP per employed person of SEK 1 098 000, raised the national average. In Västra Götaland County, GRDP per employed person was just below the national average of SEK 890 000. The lowest GRDP per employed person was in Gotland County, at SEK 633 000.
Employment: increased in 20 out of 21 counties
In 2016, Blekinge County had the largest increase in the average number of employed persons. The increase was 5.6 percent, compared with the previous year. This was followed by Uppsala County, with an increase of 2.5 percent, and Västra Götaland County, with an increase of 2.4 percent. On national level, the increase was 1.9 percent, which corresponds to 89 200 persons.
Households’ disposable income: largest increase in Jönköping County
Households’ disposable income per capita in 2016 rose the most in Jönköping County, an increase of 4.7 percent, compared with 2015. The second highest growth, a per capita income increase of 4.0 percent, was in Västra Götaland County. In Norrbotten County, the lowest growth rate was noted, 1.5 percent. The national average growth rate in per capita income was 2.9 percent in 2016.
The national average of households’ disposable income per capita was SEK 210 000 in 2016. As in previous years, households in Stockholm County had the highest income per capita, SEK 238 000. Halland County followed, at SEK 219 000. Stockholm and Halland were the only counties with disposable income per capita above the national average. The lowest disposable income per capita was in Blekinge County, at SEK 192 000.
Gross Fixed Capital Formation (GFCF): GFCF increased in all but one regions
In 2016, Gross Fixed Capital Formation (GFCF) increased in seven out of eight NUTS 2 regions (for more information on NUTS 2 regions, please see the explanatory notes at the end of this document). The largest increase in GFCF occurred in Västsverige, by SEK 17 billion compared to the previous year. In relative terms, GFCF increased most in Sydsverige, by 12 percent. GFCF also increased considerably in Mellersta Norrland and in Småland och öarna. GFCF decreased slightly in Övre Norrland compared to 2015. Furthermore, this was the only region that showed a decline in investment in 2016.
| County | GRDP, change in volume percent | Contribution to change in GDP percentages | GRDP, per capita SEK thousands, current prices | GRDP, per employed person SEK thousands, current prices | Disposable income per capita SEK thousands, current prices |
|---|---|---|---|---|---|
|
Stockholm
|
2.8 | 0.9 | 624 | 1 098 | 238 |
|
Uppsala
|
3.2 | 0.1 | 409 | 867 | 206 |
|
Södermanland
|
3.2 | 0.1 | 317 | 782 | 197 |
|
Östergötland
|
1.6 | 0.1 | 384 | 815 | 199 |
|
Jönköping
|
4.9 | 0.1 | 391 | 760 | 202 |
|
Kronoberg
|
2.9 | 0.1 | 414 | 825 | 198 |
|
Kalmar
|
1.2 | 0.0 | 337 | 756 | 195 |
|
Gotland
|
0.1 | 0.0 | 330 | 633 | 196 |
|
Blekinge
|
‑1.3 | 0.0 | 335 | 739 | 192 |
|
Skåne
|
2.3 | 0.3 | 379 | 821 | 205 |
|
Halland
|
4.9 | 0.1 | 345 | 769 | 219 |
|
Västra Götaland
|
2.9 | 0.5 | 448 | 890 | 209 |
|
Värmland
|
3.4 | 0.1 | 343 | 801 | 194 |
|
Örebro
|
5.7 | 0.1 | 381 | 804 | 193 |
|
Västmanland
|
0.7 | 0.0 | 371 | 830 | 200 |
|
Dalarna
|
4.0 | 0.1 | 368 | 825 | 196 |
|
Gävleborg
|
3.5 | 0.1 | 348 | 798 | 192 |
|
Västernorrland
|
‑0.1 | 0.0 | 377 | 807 | 196 |
|
Jämtland
|
2.9 | 0.0 | 353 | 764 | 194 |
|
Västerbotten
|
1.2 | 0.0 | 372 | 772 | 193 |
|
Norrbotten
|
0.9 | 0.0 | 418 | 860 | 201 |
|
WHOLE COUNTRY
|
2.7 | 2.7 | 442 | 896 | 210 |
Preliminary 2017 regional accounts
Preliminary estimates are based on preliminary data sources and will be revised next year when definitive calculations of regional accounts are published. Preliminary estimates are compiled for GRDP, wages and salaries, average number of persons employed and households’ disposable income. Preliminary estimates for GFCF are not compiled.
Volume changes in GRDP
GRDP (in volume) increased in 19 out of 21 counties. The largest increase occurred in Södermanland County, where GRDP increased by 5.6 percent in 2017, compared with the previous year. The second largest increase occurred in Uppsala County and Skåne County, by 4.1 percent each. GRDP fell by 1.5 percent in Blekinge County. GDP in Sweden rose by 2.1 percent in volume terms.
GRDP per capita
Preliminary estimates show that the national average GRDP per capita was SEK 455 000 in 2017. GRDP per capita in Stockholm and Västra Götaland counties exceeded the national average, while figures below the national average were observed in all other counties. The lowest GRDP per capita occurred in Blekinge County, where GRDP per capita was estimated at SEK 335 000.
GRDP per employed person
GRDP per employed person was highest in Stockholm County, SEK 1 098 000. The national average amounted to SEK 914 000. In all other counties, GRDP per employed person was below the national average. GRDP per employed person was the lowest in Gotland County, SEK 646 000 per employed person.
Households’ disposable income
The national average of households’ disposable income per capita was SEK 215 000 in 2017, an increase of 2.4 percent in current prices. The highest increase, 4.5 percent, was recorded in Norrbotten County. As in previous years, Stockholm County and Halland County were at the top, with disposable incomes of SEK 242 000 and SEK 224 000 per capita respectively in 2017.
| County | GRDP change in volume percent | GRDP per capita SEK thousand current prices | GRDP per employed person SEK thousand current prices | Disposable income per capita SEK thousand current prices |
|---|---|---|---|---|
|
Stockholm
|
0.9 | 629 | 1 098 | 242 |
|
Uppsala
|
4.1 | 428 | 900 | 210 |
|
Södermanland
|
5.6 | 340 | 828 | 199 |
|
Östergötland
|
0.5 | 390 | 820 | 202 |
|
Jönköping
|
3.9 | 412 | 790 | 206 |
|
Kronoberg
|
3.2 | 430 | 838 | 202 |
|
Kalmar
|
0.5 | 344 | 781 | 200 |
|
Gotland
|
1.5 | 339 | 646 | 197 |
|
Blekinge
|
‑1.5 | 335 | 746 | 197 |
|
Skåne
|
4.1 | 398 | 858 | 209 |
|
Halland
|
1.1 | 352 | 779 | 224 |
|
Västra Götaland
|
3.3 | 467 | 911 | 213 |
|
Värmland
|
2.9 | 359 | 832 | 202 |
|
Örebro
|
3.2 | 400 | 834 | 197 |
|
Västmanland
|
2.3 | 385 | 849 | 206 |
|
Dalarna
|
‑1.3 | 371 | 825 | 203 |
|
Gävleborg
|
0.2 | 358 | 807 | 199 |
|
Västernorrland
|
0.9 | 388 | 827 | 202 |
|
Jämtland
|
2.2 | 366 | 782 | 201 |
|
Västerbotten
|
0.0 | 380 | 781 | 199 |
|
Norrbotten
|
3.8 | 454 | 932 | 210 |
|
Total, Sweden
|
2.1 | 455 | 914 | 215 |
Definitions and explanations
Regional Accounts are compiled in accordance with the ESA 2010 regulations (European System of National and Regional Accounts) and cover the period from 2000 to 2017. Calculations at the municipal level have been carried out for the years 2012 to 2017.
The GRDP is an indicator of a region’s output and can therefore be used to measure and compare the degree of economic activity in different regions. The GRDP is not a measure of regional welfare or regional income. The sum of all regions’ GRDP is, by definition, equal to the GDP of the nation.
The figures on change in volume for individual counties fluctuate considerably from one year to another, which calls for a word of caution. Instead of looking at a county’s change in volume in an individual year, the time frame should be extended to a few consecutive years.
Commuting between regions affects GRDP per capita. Commuters contribute to the production and GRDP of the region in which they work, but belong to the population of the region in which they reside. Commuting into a region therefore affects that region’s GRDP per capita upwards, while commuting out of the region naturally affects the GRDP per capita downwards.
The GRDP per capita is also influenced by population structures. A region with a relatively large share of the population outside the labour market/production (pensioners, children, etc.) tends to have a lower GRDP per capita than a region where a larger share of the population participates in production.
The industrial structure affects the GRDP per employed person. A region with a large proportion of capital-intensive industries, with high operating surpluses in combination with few employees, tends to have a relatively high GRDP per employed person. By definition, the general government sector reports no operating surpluses (or rather, reports operating surpluses equal to zero). Therefore, a region with a large proportion of its population employed in the general government sector or in industries with low, or even negative, operating surpluses tends to have a relatively low GRDP per employed person. It should also be noted that the number of employed persons in a region consists of all the people working in that region (both the region’s inhabitants and people commuting in from other regions).
Households’ disposable income is an indicator of households’ consumption possibilities and savings possibilities. Regional differences are smaller in households’ disposable income per capita than in GRDP per capita. Income is redistributed between individuals (and between regions) through transfers.
Employment and compensation of employees according to Regional Accounts cannot be directly compared with other statistics on employment and compensation of employees published by Statistics Sweden, since Regional Accounts are required to apply ESA 2010 regulations (European System of national and regional account).
Regional subdivision is made in accordance with NUTS (Nomenclature des Unités Territoriales Statistics), the regional classification used in the European Union. NUTS 0 refers to the whole nation, NUTS 1 contains 3 major regions, NUTS 2 consists of 8 regions, NUTS 3 contains 21 counties and LAU2 (Local Administrative Units, previously called NUTS5) consists of 290 municipalities.
Next publishing will be
2019-12-13 at 09.30.
Statistical Database
More information is available in the Statistical Database
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.