Sweden’s Statistical Central Bureau (SCB) has released insights into foreign direct investments for 2022, focusing on assets and returns. Key highlights include:
Returns on Direct Investments:
- Returns on Swedish direct investment assets abroad increased by 19% in 2022, totaling SEK 491 billion compared to 2021.
- Returns on foreign direct investment assets in Sweden increased by 15% during the same period, reaching SEK 272 billion.
Increase in Direct Investment Assets:
- Swedish direct investments abroad rose by SEK 782 billion, reaching SEK 5,150 billion at the end of 2022.
- Foreign assets in Sweden increased by SEK 303 billion, amounting to SEK 4,174 billion at the close of 2022.
Sectoral Contributions:
- Companies in the manufacturing industry of “petroleum, chemical products, and rubber and plastic goods” significantly contributed to the increase in direct investment returns.
Country and Sector-specific Assets:
- The largest Swedish direct investment assets abroad are in the USA, the Netherlands, Norway, and the UK.
- Luxembourg surpassed the UK as the country with the largest foreign direct investment assets in Sweden.
Currency Impact:
- The Swedish krona weakened by 7.5% against other currencies in 2022, influencing the valuation of direct investment assets.