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The Stockholm Region Economy Stockholm Business Alliance Q March 2017

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Presentation on theme: "The Stockholm Region Economy Stockholm Business Alliance Q March 2017"— Presentation transcript:

1 The Stockholm Region Economy Stockholm Business Alliance Q4 2016 March 2017

2 The Stockholm Region Economy 2016 Q4
Positive figures for the Stockholm Region During the fourth quarter 2016 Stockholm’s economic growth continued. Aggregated gross pay data show positive growth figures for the Stockholm Region compared with the same quarter In total new companies were registered in the Stockholm Region during the fourth quarter 2016, which represents a minor increase compared to the same quarter The past four quarters a total of new companies were registered representing an increase of 6,2 % in relation to the previous four quarters. The number of people employed has increased during the last quarter. Also the number of listed positions increased with the largest increase among companies within the information and communication sector. The number of people given notice however increased by 18 % compared to the fourth quarter The unemployment rate in the Stockholm Region decreased slightly compared to the fourth quarter 2015. The last four quarters the number of residents in the Stockholm Region increased by , representing a 1,6% increase of the region’s population. The number of housing projects increased by 25 % in the Stockholm Region compared with the same quarter In total, construction of apartments started in the region during the past four quarters. Olle Zetterberg CEO Stockholm Business Region The Stockholm Region Economy 2016 Q4 About the report The report is published each quarter by Stockholm Business Region. Statistics used is collected from Statistics Sweden, The Labour Exchange and The Swedish Companies Registration Office. The report can be downloaded from: The Stockholm Region is defined as Stockholm County, Uppsala County, Södermanland County, Östergötland County, Örebro County, Västmanland County, Gävleborg County and Dalarna County. Individual county reports for the above mentioned can be found in Swedish here: Questions can be addressed to Stefan Frid at Invest Stockholm. Publisher: Olle Zetterberg.

3 Economic growth, private sector Index 100 = 2005 Q1
Change (%) since, Billion cr. 2005 Q1 2010 Q1 2015 Q4 The Stockholm Region 156,3 77,1 37,9 5,5 Rest of Sweden 148,6 65,7 36,8 4,9 Stockholm county 101,5 83,6 39,0 6,0 Uppsala county 8,1 97,9 52,7 6,3 Södermanland county 57,5 31,8 3,5 Östergötland county 12,0 62,5 35,7 5,3 Örebro county 7,7 70,6 38,4 5,1 Västmanland county 7,3 60,5 35,4 3,1 Dalarna county 6,9 56,4 31,3 5,2 Gävleborg county 6,8 61,9 26,1 3,0 Source: Statistics Sweden

4 Economic growth by sector Index 100 = 2005 Q1
Growth (%) since, Billion cr. 2005 Q1 2010 Q1 2015 Q4 INDUSTRY The Stockholm Region 25,4 19,1 13,4 2,9 Rest of Sweden 37,6 18,0 14,9 2,8 Stockholm county 9,9 18,6 14,3 3,3 Uppsala county 1,5 25,9 16,7 -1,5 Södermanland county 1,7 13,8 14,8 3,6 Östergötland county 3,4 18,3 15,8 5,8 Örebro county 2,2 25,6 17,2 2,7 Västmanland county 2,6 23,9 1,9 Dalarna county 2,1 17,0 10,4 3,9 Gävleborg county 13,5 -2,3 -0,6 SERVICES 115,4 90,9 41,4 6,0 92,6 85,2 43,4 5,5 83,3 90,6 40,1 6,2 5,4 120,5 59,6 8,9 77,6 35,3 3,0 7,2 86,9 41,6 4,4 4,6 98,3 47,1 5,6 4,0 91,5 48,0 3,8 75,3 39,1 6,3 3,7 90,5 41,1 5,3 OTHER* 15,5 140,3 66,9 135,6 62,5 6,8 8,2 160,1 69,4 6,7 1,2 160,2 87,7 0,9 132,0 63,6 1,4 111,8 69,6 8,6 97,6 58,2 8,0 0,8 87,2 42,7 1,0 120,2 59,9 145,2 61,5 3,1 Economic growth by sector Index 100 = 2005 Q1 Source: Statistics Sweden *Other includes, agriculture, forestry and fishing, construction and unspecified sectors

5 The number of newly registred businesses
2016 Q4 Yearly change* Number Ch., % The Stockholm Region 9 816 1,2 36 411 6,2 Rest of Sweden 8 875 3,4 32 382 6,8 Stockholm county 6 724 2,0 24 808 6,5 Uppsala county 604 5,0 2 238 12,8 Södermanland county 408 -3,3 1 543 6,9 Östergötland county 638 0,3 2 247 4,3 Örebro county 441 10,0 1 644 9,2 Västmanland county 348 -6,2 1 302 -3,8 Dalarna county 329 -8,9 1 335 1,8 Gävleborg county 324 -5,0 1 294 4,2 *Last four quarters Source: The Swedish Companies Registration Office.

6 Company bankruptcies 2016 Q4 Yearly change* The Stockholm Region 844
Number Ch., % The Stockholm Region 844 3,9 3 090 -2,4 Rest of Sweden 752 -13,0 2 929 -10,1 Stockholm county 573 8,1 2 103 4,8 Uppsala county 36 -34,5 168 -22,9 Södermanland county 42 23,5 141 -1,4 Östergötland county 43 -6,5 175 -10,7 Örebro county 33 -25,0 151 -4,4 Västmanland county 32 52,4 91 -25,4 Dalarna county 39 18,2 124 -13,9 Gävleborg county 46 -6,1 137 -23,5 *Last four quarters Source: Statistics Sweden

7 Employment Index 100 = 2008 kv1 Number Growth Growth (%) since,
2016 Q4 Yearly ch.* 2008 Q1 2010 Q1 2015 Q4 The Stockholm Region 33 500 11,8 12,5 1,5 Rest of Sweden 40 100 6,5 10,7 Stockholm county 21 800 18,1 15,5 1,8 Uppsala county 4 700 16,5 17,2 2,6 Södermanland county 100 1,0 6,4 0,1 Östergötland county 2 800 9,6 11,4 1,3 Örebro county 4 800 7,0 12,7 3,6 Västmanland county -800 4,7 6,2 -0,7 Dalarna county -3 300 -5,5 -2,5 Gävleborg county 3 400 -1,2 1,6 2,8 *Last four quarters Source: Statistics Sweden

8 The number of employed people in the Stockholm Region
Growth Growth (%) since, 2016 Q4 Yearly ch.* 2008 Q1 2010 Q1 2015 Q4 Total 33 500 11,8 12,5 1,5 Agriculture, forestry & fishing 21 000 -2 500 -19,8 -19,5 -10,6 Manufacturing, mining, quarrying & utilities -5 600 -16,3 -4,5 -2,8 Manufacturing of workshop products 96 100 -5 000 -18,5 -5,2 -4,9 Construction 1 500 10,4 11,2 1,1 Trade 3 600 4,4 5,6 1,4 Transport -900 6,0 3,4 -0,8 Accommodation & food services 80 200 4 900 22,6 17,4 6,5 Information & communication 5 200 23,9 4,3 Arts, entertainment, recreation & other services 2 200 9,9 7,9 1,9 Financial & insurance 13 100 27,3 19,7 2,9 Public administration 6 100 27,9 27,0 4,1 Education 4 100 17,8 18,2 1,6 Health 7 000 11,1 13,0 2,2 Unspecified n.d. Employed in Sweden 37 600 12,1 12,7 1,7 Employed abroad -1 800 5,9 -2,7 -33,3 *Last four quarters Source: Statistics Sweden

9 Number of recently listed positions Index 100 = 2005 Q1
Yearly growth* Number Ch., % The Stockholm Region 12,4 21,3 Rest of Sweden 3,8 19,9 Stockholm county 96 398 17,3 23,9 Uppsala county 8 359 -3,1 37 515 17,5 Södermanland county 8 235 12,3 35 035 28,3 Östergötland county 12 574 2,7 55 364 17,6 Örebro county 8 689 29,3 33 538 26,3 Västmanland county 6 043 -1,7 26 127 6,1 Dalarna county 6 405 -10,7 26 935 7,1 Gävleborg county 6 956 12,0 25 407 14,7 *Last four quarters Source: The Labor Exchange

10 The number of people given notice Index 100 = 2006 Q1
Yearly change* Number Ch., % The Stockholm Region 5 961 18,4 18 796 -13,2 Rest of Sweden 5 493 18,0 19 791 -7,9 Stockholm county 3 829 23,8 11 006 -8,9 Uppsala county 220 -28,3 739 -21,0 Södermanland county 244 -22,3 1 448 -0,6 Östergötland county 430 44,3 1 236 -32,0 Örebro county 528 216,2 1 323 7,5 Västmanland county 300 87,5 1 230 -17,6 Dalarna county 226 -3,0 978 -31,6 Gävleborg county 184 -60,3 836 -31,1 *Last four quarters Source: The Labor Exchange

11 Unemployment in relation to the population (%), 15-74 years
Number Yearly Unemployed out of population, years 2016 Q4 change* 2010 Q1 2015 Q4 The Stockholm Region -3 557 5,7 5,0 4,8 Sverige -9 662 6,2 5,2 Stockholm county 68 760 -1 987 4,4 4,2 4,1 Uppsala county 9 974 467 4,6 3,6 3,7 Södermanland county 14 506 -165 7,8 7,1 6,9 Östergötland county 18 713 -662 5,9 5,6 Örebro county 11 166 -409 7,4 5,4 5,1 Västmanland county 11 786 -381 7,2 6,3 6,0 Dalarna county 9 861 44 4,7 Gävleborg county 15 333 -463 8,7 7,6 7,3 *Last four quarters Source: The Labor Exchange and Statistics Sweden

12 Population Index 100 = 2005 Q1 2016 Q4 Yearly ch.* Growth (%) since,
(in thousands) 2005 Q1 2010 Q1 2015 Q4 The Stockholm Region 4 502,3 69,2 14,2 8,8 1,6 Rest of Sweden 5 492,8 74,9 8,3 5,3 1,4 Stockholm county 2 269,1 37,6 20,9 12,0 1,7 Uppsala county 361,4 7,2 19,3 8,6 2,0 Södermanland county 288,1 4,4 10,4 7,0 1,5 Östergötland county 452,1 6,4 8,7 5,8 Örebro county 294,9 3,9 7,8 5,6 Västmanland county 267,6 3,4 2,5 1,3 Dalarna county 284,5 3,5 3,2 2,9 1,2 Gävleborg county 284,6 2,8 3,0 1,0 *Development last four quarters Source: Statistics Sweden

13 Number of housing projects started Index 100 = 2005 Q1
Yearly change* Number Ch., % The Stockholm Region 7 724 25,0 31 872 21,4 Rest of Sweden 11 429 33,1 42 618 24,3 Stockholm county 5 303 71,6 19 417 43,0 Uppsala county 670 6,2 4 311 52,3 Södermanland county 329 21,0 1 048 25,2 Östergötland county 515 -52,8 2 622 -29,7 Örebro county 283 -60,5 1 745 -45,8 Västmanland county 196 142,0 1 165 -6,6 Dalarna county 91 -40,1 415 -1,7 Gävleborg county 337 130,8 1 149 187,3 *Last four quarters Source: Statistics Sweden

14 Commercial Accommodations Index 100 = 2008 Q4 (Q4, 2008 - 2016)
Yearly ch.* Growth (%) since, (in thousands) 2008 Q4 2010 Q4 2015 Q4 The Stockholm Region 4 898 25 630 30,4 23,7 3,4 Rest of Sweden 5 226 36 232 35,6 26,7 3,9 Stockholm county 3 129 13 506 53,6 41,8 7,4 Uppsala county 214 1 137 21,4 10,8 -1,1 Södermanland county 176 1 119 6,9 5,8 Östergötland county 282 1 823 46,5 32,5 10,4 Örebro county 204 1 265 28,9 24,5 6,3 Västmanland county 134 716 15,2 12,8 Dalarna county 576 4 982 -24,8 -20,2 -16,2 Gävleborg county 183 1 081 25,0 4,5 *Development last four quarters Source: Statistics Sweden and Swedish Agency for Economic and Regional Growth

15 Stockholm Business Region Stockholm Business Region is responsible for developing and promoting Stockholm as a business and tourist destination under the brand Stockholm - The Capital of Scandinavia. The aim is to make Stockholm the leading sustainable growth region in Europe. Stockholm Business Region is owned by the city of Stockholm and has two subsidiaries Invest Stockholm and Visit Stockholm. For questions: Contact Stefan Frid, Invest Stockholm. Publisher: Olle Zetterberg, CEO Stockholm Business Region Stockholm Business Region P.O. Box SE Stockholm, Sweden Phone


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