Get the latest facts and figures on doing business in Gothenburg
Gothenburg has the lowest unemployment rate of Sweden’s metropolitan areas and the number of employees in foreign-owned companies in the region has almost quadrupled since 1990. These are just a few of the many facts you will find in this year’s edition of Facts & Figures.
Facts & Figures, an annual publication from Business Region Göteborg, is the most comprehensive compilation of statistics on the Gothenburg region’s business environment.
The statistics are gathered from official sources and illustrate the region’s status in terms of, for example, the labour market, demographics, and costs and taxes. The publication also presents many comparisons with for example Sweden and other metropolitan regions.
“Facts & Figures is designed for anyone who wants a straightforward and accurate understanding of the business environment in the Gothenburg region. We present the facts on the region that are often requested by investors,” says Henrik Einarsson, Director of Business Establishment and Investment at Business Region Göteborg.
A strong growth engine
Facts & Figures shows that since the year 2000, Gothenburg’s labour market region has grown by nearly 147,000 jobs, 48,000 establishments and over 200,000 residents. During the same period, it has also seen a real increase in the gross regional product of 81 per cent and a real exports growth of 75 per cent.
“Gothenburg is an attractive region that is in the middle of an intense period of urban development. More construction is taking place than ever before. At the same time, major investments in innovation are being made in, for example, the automotive and life science industries. This combination is driving growth,” says Henrik Einarsson.
A selection of facts and statistics from Facts & Figures 2019
… There are 2,400 foreign-owned companies in the Gothenburg region which together employ nearly 90,000 people.
… Unemployment in the Gothenburg region averaged 5.6 per cent in 2018, the lowest among the country’s metropolitan regions, and some 1.5 percentage points lower than the national average.
… Since the year 2000, Gothenburg’s labour market has seen the strongest growth in employment and total wage sum of Sweden’s metropolitan regions.
… The real value of the Gothenburg region’s goods exports increased by 6 per cent between 2017 and 2018. Key export destinations include Norway, USA, Germany, China and the UK.
… 32 per cent of Sweden’s R&D investments in the private sector are made in Gothenburg’s county, Västra Götaland.
… Compared to Sweden as a whole, Gothenburg’s working population is more highly educated with a larger proportion having a post-secondary education. The region’s two largest seats of learning have a combined total of around 60,000 students.
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