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Sweden's Q1 GDP: vs. Korea and Japan

Sweden's Economy: A Tentative Step Forward in Q1 2025 Sweden's economy in the first quarter of 2025 presented a mixed picture, with a slight decrease in GDP compared to the previous quarter but a modest increase year-on-year. While not a strong rebound, this performance offers a glimmer of hope after a period of economic stagnation. The recovery, though slow, is primarily driven by specific components of the economy.    Understanding Sweden's Q1 2025 GDP Performance The latest data from Statistics Sweden (SCB) indicates a nuanced economic situation for Sweden in Q1 2025.    Key GDP Figures  Seasonally adjusted, GDP decreased by 0.2 percent in Q1 2025 compared to the previous quarter (SCB).  However, when adjusted for calendar effects and compared to the first quarter of 2024, GDP increased by 0.9 percent (SCB).    Drivers of the Economy Despite the quarterly dip, certain sectors and factors contributed positively:  Net...

Cultural Tourism: Sweden's Post-Pandemic Revival