An expansive business environment
Gothenburg has a broad and multifaceted business environment with 750 industries represented. The region is home to global brands such as Volvo, SKF, Ericsson and AstraZeneca, and is characterised by a strong entrepreneurial spirit. Prominent clusters include construction, transport and logistics, ICT industries, automotive, creative and cultural industries, life sciences and cleantech.
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Gothenburg is growing fast
Employment growth has been strong in the Gothenburg region. At the same time the labour market region is growing due to improved infrastructure and change in commuting patterns.
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residents in the Gothenburg's labour market region
Sweden’s leading R&D region for businesses
Gothenburg is a leading research region characterised by large knowledge-intensive companies and close collaboration between the private, public and academic sectors.
The region is home to highly regarded universities and science parks, as well as around 100 testbeds. The Gothenburg region is ranked as one of the most innovative regions in the EU, according to the European Commission, and in terms of patents per capita, Gothenburg is among the top 15 most inventive cities in the world.
During 2019, 1/3 of Sweden's total R&D investments within the private sector were made in Gothenburg's county, Västra Götaland - the highest among Swedish counties.
Sweden's private R&D investments
Sweden's private R&D investments in automotive
Competitive on the international stage
Gothenburg regularly scores highly in European and global comparisons on everything from innovation and sustainability to human capital and lifestyle. One example is when Gothenburg was appointed as European innovation leader among 238 regions by the European Commission 2019. Below are a few other examples:
World's most sustainable destination (Global Destination Sustainability Index, 2019)
Best logistics location in Sweden (Intelligent Logistik, 2020)
Best for human capital and lifestyle among large European cities (fDi, 2020/21)
Best for business friendliness among large European cities (fDi, 2020/21)
Winner of the European Entrepreneurial Region Award 2020 (European Committee of the Regions, European Union)
of 50 cities: World's smartest cities (Future Today Institute, 2019)
of 490 cities: Most liveable city in the world for European expats (ECA International, 2020)
Best investment location among large European cities (fDi, 2020/21)
A rich exchange with the world
Gothenburg is an important hub for Swedish imports and exports, with established trade routes to all major markets. Meanwhile, every fifth employee in the region works for a foreign-owned company and every fifth resident is foreign-born. More and more people are also visiting the city for meetings, events and leisure.
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A highly skilled workforce
With high-quality universities and world-class companies, Gothenburg is a popular place to live, work and study. Our residents are relatively young and more highly educated than the national average. Gothenburg and West Sweden also rank highly in international comparisons on human capital and lifestyle.
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