According to data from the Organization for Economic Cooperation and Development (OECD) Sweden has four times as many startups per 1,000 employees as the United States, with 20 startups per thousand employees compared to the U.S’s five.Some of the factors which make Sweden such a fantastic place to do business include: Some of these factors on their own may be slightly discouraging to many entrepreneurs, (as there is a strong traditional prejudice that high tax/high spend economies are less dynamic) but Sweden is an extremely business-friendly and entrepreneurially successful nation, with a huge amount to recommend it to foreign investors and business people. Related article: The best country to start a business in Europe As the country is inhabited by just over 10 million people, it is also relatively small in terms of population size. Sweden is a Scandinavian country comprising thousands of coastal islands, beautiful boreal forests and countless inland lakes, and is well known for its strong welfare support system, generous employee vacation time and the high taxes which help to fund it. Are you considering starting a new business in Sweden? As the leader of the Nordic Market, launching or expanding your business to Sweden will make you part of a dynamic and growing economy, in a country that’s renowned as one of the happiest places in the world.
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