GRDP development varied between counties. Kronoberg County recorded the highest level of growth in fixed prices, an increase of 7.4 percent compared with 2016. Norrbotten County, Södermanland County and Skåne County followed, with increases of 5.1 percent, 4.8 percent and 4.3 percent, respectively. In Stockholm County, GRDP increased by 1.4 percent, while the increase in Västra Götaland County was 2,1 percent. In 2017, GRDP decreased in two counties; in Gävleborg County and in Blekinge County, GRDP declined by 0.6 percent and 0.2 percent, respectively.

Sweden’s GDP rose by 2.4 percent in volume terms in 2017. Skåne County contributed most to the increase, 0.5 percentage points, while Stockholm County and Västra Götaland County contributed 0.4 percentage points and 0.3 percentage points each. The contribution to the development among the remaining counties did not exceed 0.1 percentage point each.

GRDP per capita: Stockholm County, Västra Götaland County and Norrbotten County above national average

The highest GRDP per capita, SEK 630 000, was in Stockholm County, which means it was above the national average of SEK 459 000. GRDP per capita in Västra Götaland County, SEK 470 000 and in Norrbotten County, SEK 472 000 were also above the national average.

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 and Norrbotten above the national average

The national average for GRDP per employed person was SEK 921 000 in 2017. In addition to Stockholm County, Norrbotten County also recorded GRDP per employed person above the national average of SEK 971 000 in current prices.

Households’ disposable income: largest increase in Gävleborg County

Households’ disposable income in 2017 rose most in Gävleborg County, a per capita income increase of 4.2 percent compared with 2016. The second highest growth rate, a per capita income increase of 4.1 percent, was recorded in Kronoberg County. In Gotland County, the lowest growth rate was noted, 1.5 percent. The national average growth rate in per capita income was 2.9 percent in 2017.

The national average of households’ disposable income per capita was SEK 214 000 in 2017. As in previous years, households in Stockholm County had the highest income per capita, SEK 241 000. Halland County followed at SEK 224 000. Stockholm County and Halland County were the only counties with disposable income per capita above the national average. Blekinge County, Gotland County, and Västerbotten County recorded the lowest disposable income per capita, at SEK 197 000.

Gross Fixed Capital Formation (GFCF): GFCF increased in all but one regions

In 2017, Gross Fixed Capital Formation (GFCF) increased in seven out of eight NUTS 2 regions (for more information on NUTS 2 regions, see the explanatory notes at the end of this document). The largest increase in GFCF was noted in Västsverige, by SEK 32 billion compared to the previous year. GFCF also increased by 15.7 percent in Mellersta Norrland. In the Stockholm region, which accounts for about one third of national total investment, GFCF increased by 2.9 percent. Övre Norrland was the only region to show a decline in investment in 2017, a decrease of 0.4 percent.

Preliminary 2018 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.

Revision

The national accounts have undergone a revision, which has changed the levels of GDP and its components. The results of the general review were published in September 2019 and can be read HERE. This also affects the regional accounts. Accounts for 2017, which were previously preliminary in the regional accounts, have now been published, based on the annual GDP published in September. Accounts for 2016 have been revised to be comparable to 2017.

The years prior to 2016 have not been revised in this publication and are thus not completely comparable with 2016-2018.

Regional accounts for 2018 will be published on 2020-12-11 at 09.30.