Transcript Facts about business in Stockholm 2015

Facts about Business
in Stockholm
2015
Content
 Economy
 Business Sector
 Workforce and Population
 Infrastructure
In this publication the Stockholm Region is defined as the
counties; Stockholm County, Uppsala County, Gävleborg
County, Västmanland County, Örebro County, Dalarna
County, Östergötland County and Södermanland County
Economy
Stockholm is an economic center with strong economic growth
and one of Europe’s highest gross regional product per capita.
Regional GDP
per capita
Stockholm County has one of Europe’s highest
regional GDP per capita. Of the 272 regions in
Europe, Stockholm holds 9th place.
Regional GDP per capita (adjusted according to purchasing
power), relative to EU28, 2014
Stockholm’s regional GDP per capita is 72 percent
higher than the average region in the EU.
Ranking
Region
EU28=100
1
London
371
2
Luxembourg
266
3
Brussels
207
4
Hamburg
206
5
Bratislava
186
6
Munich
179
7
Paris
178
8
Prague
173
9
Stockholm
172
10
Aberdeen
164
17
(Copenhagen)
157
22
(Helsinki)
144
Source: Eurostat
Regional GDP
The Stockholm Region accounts for 51 percent of Sweden’s GDP. In 2014 Stockholm’s
regional GDP reached a new record level of 2,000 billion Swedish kronor (SEK).
Stockholm County accounts for 32 percent of Sweden’s GDP.
Regional GDP, in billion SEK, 2005-2014
Sweden
150
145
140
135
130
125
120
115
110
105
100
Source: Statistics Sweden
Stockholms Region
Stockholm County
Regional GDP per industry
Companies within the industries professional, scientific and technical service, trade and manufacturing contribute most
to Stockholm County’s regional GDP.
Regional GDP, in billion SEK, per industry in Stockholm County, 2014
Industry
MSEK
Share, %
Professional, scientific and technical companies
153 477
12
Trade
126 941
10
Manufacturing industry, mines and quarries
123 425
10
Financial institutions and insurance companies
107 073
9
Information and communication companies
105 465
8
Real estate companies
100 903
8
Human health and social work establishments
94 719
8
Construction industry
57 451
5
Public sector and defence
51 233
4
Educational establishments
47 914
4
Transport and storage companies
43 717
4
Establishments for arts, entertainment and recreation
36 285
3
Electricity, gas, steam and hot water plants
21 899
2
Hotels and restaurants
20 767
2
151 884
12
Other industries
Source: Statistics Sweden
Business Sector
Stockholm is a center for new business creation with more
than 23,000 newly registred businesess per year. Stockholm
is home to 25 percent of Sweden´s companies.
Entrepreneurship
Stockholm is the center of new business creation in
Sweden. In 2015 approximately 23,300 new companies
were registred in Stockholm County.
The number of company bankruptcies decreased in 2015 to
2,000, a decrease with 300 bancruptcies compared to 2014
and the lowest figure in the past 10 years.
The number of newly registred businesses and company
bankruptcies in Stockholm County, 2005-2015
Newly registered businesses
Company bankruptcies
25000
20000
15000
10000
5000
0
2005
Source: The Swedish Companies Registration Office and Statistics Sweden
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Company Formation
The number of new companies per capita is considerably
higher in Stockholm than in the rest of Sweden.
Number of new companies per 1000 capita 2015
The City of Stockholm is in the forefront with
above 15 per capita.
Sweden
Stockholm Region
Stockholm County
City of Stockholm
0
Source: The Swedish Companies Registration Office and Statistics Sweden
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Businesses and industries
Stockholm County is home to one fourth of Sweden’s businesses. In total there are 300.000 companies in the Stockholm County with more
than 1,6 million employees.
In Stockholm County most people are employed in medium or large size companies with more than 200 employees. More than 1 000 000
people work in these type of companies.
The number of companies and employees arranged according to size of company
(number of employees) in Stockholm, 2015
.
Size of
company,
number of
employees
Companies
Stockholm County
0
Employees
Percentage
Quantity of N ation, %
Stockholm
Region
Percentage
Quantity of N ation, %
Stockholm County
Stockholm
Region
Percentage
Quantity
of N ation, %
Percentage
Quantity of N ation, %
207 232
24
376 452
44
0
-
0
-
1-4
68 250
24
111 327
49
114 147
29
190 176
49
5-9
11 748
30
20 414
47
76 370
27
132 773
47
10-19
6 482
27
11 041
48
86 646
28
147 416
48
20-49
3 893
28
6 435
48
117 782
29
193 535
48
50-199
1 944
29
2 876
49
177 342
34
258 194
49
200-999
568
33
810
57
233 749
39
335 508
56
1000-
207
40
302
57
774 683
41
1 112 266
59
Tota l
300 324
25
529 657
45
1 580 719
36
2 369 868
54
Source: Statistics Sweden
Industry structure
The Service Sector is dominant in Stockholm County. Professional, scientific and technical companies account for about 300,000 of
the businesses in the County. Thereafter trade with about 200,000 employees is the industry with the highest number of employees.
The number of companies and employees arranged according to industry in
Stockholm, 2015
Percentage
Percentage Stockholm County
Quantity of N ation, %
of N ation, %
Region
Quantity
Percentage
of N ation, %
308 671
38
366 355
54
45
207 769
28
278 450
46
52
165 693
39
232 932
56
19 470
54
159 019
13
400 657
39
34 530
60
108 160
49
123 331
60
Percentage
of N ation, %
Region
Quantity
Professional, scientific and technical companies
81 856
38
115 986
54
Trade
33 151
26
56 725
8 850
33
14 104
Human health and social work establishments
12 773
36
Information and communication companies
26 332
46
Industry
Educational establishments
Stockholm
Employees
Stockholm
Companies
Stockholm County
Quantity
7 621
26
13 158
46
104 474
27
134 010
46
26 226
27
47 094
48
101 808
26
156 070
47
Manufacturing industry, mines and quarries
9 738
19
21 198
41
92 962
13
223 703
38
Financial institutions and insurance companies
7 589
38
10 421
53
76 068
54
79 901
65
Hotels and restaurants
8 338
27
14 477
46
58 016
33
82 206
51
Establishments for arts, entertainment and recreation
38 423
29
64 756
49
54 283
32
81 957
52
Real estate companies
21 488
25
38 971
45
20 782
26
35 017
49
842
15
2 109
37
11 038
19
18 970
42
13 983
6
72 038
29
2 981
5
14 139
32
Transport and storage companies
Construction industry
Electricity, gas, steam and hot water plants
Agriculture, forestry and fishing
Other industries
Tota l
Source: Statistics Sweden
3 114
37
4 620
54
108 995
34
142 170
54
300 324
25
529 657
45
1 580 719
36
2 369 868
54
Business areas
In Stockholm there are 26 business areas well distributed
across the city. They are generally situated close to the main
arterial roads that provide good accessibility for the
transportation of both passengers and goods.
The largest business area is City with more than 122,000
employees. This represents close to half of the total number
of employees in the City of Stockholm.
Kista is the second largest business area with about 30,000
employees distributed among approximately 800 companies.
The number of workplaces and employees in
business areas in the City of Stockholm, 2015
N umber of
N umber of
workplaces
employees
Alvik
235
5235
Bromsten
117
896
9176
121948
Farsta/ Larsboda
102
3082
Globen/ Slakthusområdet
274
5738
Business area
City
Gubbängen
32
439
Hagastaden
475
12357
Hammarby-Sjöstad
954
7495
Högdalen
117
1382
Kista
837
30847
Liljeholmen/ Marievik
694
7944
Lunda
211
4209
N orra Djurgårdsstaden
735
14881
Skarpnäck
434
5852
Skrubba
Source: Statistics Sweden
97
987
Sätra
109
1647
Telefonplan
270
3536
Ulvsunda/ Bromma
727
7527
Vinsta
213
1470
Västberga
599
13145
Västra Kungsholmen
531
17575
Årsta Park
151
3380
Årsta Partihallar
164
2290
Älvsjö C
135
2465
Älvsjö Företagsområde
150
1820
Örnsberg
130
1200
17669
279347
TO TAL
Foreign ownership
The is a large influence of international companies in Stockholm. The number of
employees in foreign-owned companies has increased gradually and in 2015 they
amounted to 230,000 people in Stockholm County. This being an increase by 40 %
compared to 2005 when about 160,000 people were employed in foreign owned
businesses
The number of employees in foreign-owned companies in Stockholm
County, 2005–2015
250000
200000
150000
100000
50000
0
2005
2006
Source: Statistics Sweden
2007
2008
2009
2010
2013
2014
2015
Foreign ownership by industry
There are over 16,000 foreign-owned companies in Stockholm County, representing 60 percent of all foreign-owned companies
in Sweden. Trade is the industry in Stockholm County with the largest number of foreign-owned companies with a total of
around 55,000 employees. Thereafter comes professional, scientific and technical companies with 45,000 employees.
The number of companies and employees with foreign owners by industry, 2015
Foreign-owned companies
Employees in foreign-owned companies
Stockholm
Stockholm
Stockholm
Stockholm
County
Region
Sweden
County
Region
Sweden
Trade
4 753
5 093
7 024
55 576
78 987
152 845
Professional, scientific and technical companies
2 356
2 600
3 558
45 577
63 624
114 278
Information and communication companies
1 155
1 237
1 599
30 583
34 790
54 080
Manufacturing industry, mines and quarries
887
1 211
2 096
28 128
84 188
208 337
Transport and storage companies
350
382
629
21 940
26 783
50 162
Human health and social work establishments
185
216
293
12 566
19 135
35 550
Financial institutions and insurance companies
709
766
1 017
10 264
10 975
15 043
Hotels and restaurants
161
191
342
8 232
10 522
19 167
1 867
1 950
2 611
7 172
13 394
30 118
Educational establishments
146
155
192
6 200
7 824
12 945
Establishments for arts, entertainment and recreation
262
286
386
2 950
3 736
5 947
Construction industry
Electricity, gas, steam and hot water plants
151
178
280
2 058
3 494
7 486
Real estate companies
1 251
1 450
2 571
1 668
2 332
3 863
Agriculture, forestry and fishing
1 189
1 265
1 827
159
550
1 108
Other industries
Tota l (foreign-ow ned com pa nies)
Source: Statistics Sweden
942
975
1 189
448
475
514
16 364
17 955
25 614
233 521
360 809
711 443
Workforce and Population
Stockholm is one of Europe’s fastest growing cities with a large
supply of both manpower and companies.
Employment rate
The number of people employed has increased both in the
Stockholm region and in Sweden during the period from 2008 to
2015.
The number of employed people, 2008-2015 (Index = 2008 Q1)
The increase of employment rate in Stockholm County between
2008 and 2015 corresponds to 62 percent of the employment rate
growth in Sweden during the same period.
120
Sweden
Stockholm Region
Stockholm County
City of Stockholm
115
Between 2008-2015 the number of employed people in
Stockholms County has increased with more than 126,000
people, which is an increase of 12 percent.
110
105
100
95
2008
2009
2010
Source: Statistics Sweden
2011
2012
2013
2014
2015
Labour market
Unemployment relative to the workforce has increased in
Sweden since 2008. The unemployment rate peaked in 2010
and has since then decreased.
Percentage (%) of unemployed relative to the workforce, 2008-2015
The unemployment rate is lower both in Stockholm County
and the City of Stockholm than in the rest of Sweden.
10
Sweden
Stockholm Region
Stockholm County
City of Stockholm
9
The unemployment rate in the City of Stockholm and
Stockholm County was abous 5,5 percent in 2015.
8
7
6
5
4
3
2
2008
Source: Statistics Sweden
2009
2010
2011
2012
2013
2014
2015
Number of recently listed positions
The number of recently listed positions with the
Public Employment Service has been high for some
years now. In Stockholm County there were 320,000
new positions listed in 2015 which is the highest figure
during the past 10 years.
12,100 employees were given notice in 2015, which is
the lowest figure since 2010.
Number of new positions listed with the Public Employment
Service and the number of people given notice in Stockholm
County, 2005–2015
Newly reported position
Number of people given notice
350000
300000
250000
200000
150000
100000
50000
0
2005
Source: The Labor Exchange
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Education
Access to a well-educated workforce is a necessary
prerequisite for the international competitiveness of
industrial and commercial life.
Percentage of population (20–64 years) with post-secondary
education, 2015
Post-secondary education (<3 Years)
In the Stockholm Region 49 percent of the population
between the age of 20-64 years have a post-secondary
education. It is a higher share than in the rest of Sweden.
Post-secondary education at least 3 years
Sweden
Stockholm Region
Stockholm County
City of Stockholm
0
Source: Statistics Sweden
10
20
30
%
40
50
60
Population
The last ten years the number of residents increased by
470,000 in the Stockholm Region, of which Stockholm
County accounted for 70 % of the increase.
Population development from 2005–2015 (index 100 = 2005)
Between 2014 and 2015 the population grew with about
33,000 people, of which 11,500 resided in the City of
Stockholm
120
Sweden
Stockholm Region
Stockholm County
City of Stockholm
115
110
105
100
2005
Source: Statistics Sweden
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Population by municipality
The Stockholm Region is by far the largest region
with 4.4 million inhabitants or 45 % of the
Swedish population.
More than 2.2 million people live in Stockholm
County. Most people live in the City of Stockholm
followed by the municipalities of Huddinge, Nacka
and Södertälje.
The number of inhabitants in Stockholm by
municipality, 2015
Change
Change
2014
%
2010
%
2005
%
Botkyrka
89 425
88 901
0,6%
82 608
8,3%
76 592
16,8%
Danderyd
32 421
32 295
0,4%
31 330
3,5%
30 226
7,3%
Ekerö
26 984
26 698
1,1%
25 410
6,2%
24 010
12,4%
Haninge
83 866
82 407
1,8%
77 054
8,8%
71 837
16,7%
105 311
104 185
1,1%
97 453
8,1%
88 750
18,7%
Järfälla
72 429
70 701
2,4%
66 211
9,4%
61 743
17,3%
Lidingö
46 302
45 465
1,8%
44 017
5,2%
41 892
10,5%
N acka
97 986
96 217
1,8%
90 108
8,7%
80 247
22,1%
N orrtälje
58 669
57 568
1,9%
56 080
4,6%
54 596
7,5%
N ykvarn
10 192
9 815
3,8%
9 331
9,2%
8 354
22,0%
N ynäshamn
27 500
27 041
1,7%
26 032
5,6%
24 648
11,6%
Salem
16 426
16 140
1,8%
15 391
6,7%
14 334
14,6%
Sigtuna
44 786
44 085
1,6%
39 990
12,0%
36 711
22,0%
Sollentuna
70 251
69 325
1,3%
64 630
8,7%
59 355
18,4%
Solna
76 158
74 041
2,9%
68 144
11,8%
60 575
25,7%
923 516
911 989
1,3%
847 073
9,0%
771 038
19,8%
Sundbyberg
46 110
44 090
4,6%
38 633
19,4%
34 016
35,6%
Södertälje
93 202
92 235
1,0%
86 246
8,1%
80 553
15,7%
Tyresö
46 177
45 390
1,7%
42 947
7,5%
41 134
12,3%
Täby
68 281
67 334
1,4%
63 789
7,0%
60 594
12,7%
Upplands Väsby
42 661
41 816
2,0%
39 289
8,6%
37 624
13,4%
Upplands-Bro
25 789
25 287
2,0%
23 676
8,9%
21 327
20,9%
Vallentuna
32 380
31 969
1,3%
30 114
7,5%
27 397
18,2%
Vaxholm
11 380
11 329
0,5%
10 965
3,8%
10 123
12,4%
Värmdö
41 107
40 541
1,4%
38 301
7,3%
34 933
17,7%
Österåker
42 130
41 180
2,3%
39 521
6,6%
37 336
Stock holm County
2 231 439
2 198 044
1 ,5 % 2 0 5 4 3 4 3
8 ,6 % 1 8 8 9 9 4 5
1 8 ,1 %
Stock holm Region
4 433 107
4 378 504
1 ,2 % 4 1 7 7 1 4 6
6 ,1 % 3 9 5 9 7 7 1
1 2 ,0 %
Sw eden
9 851 017
9 747 355
1 ,1 % 9 4 1 5 5 7 0
4 ,6 % 9 0 4 7 7 5 2
8 ,9 %
Huddinge
Stockholm
Source: Statistics Sweden
Change
2015
12,8%
Infrastructure
Planned infrastructure investments in Stockholm are currently
worth about 100 billion euro until 2021.
Communications – airline passengers
The Stockholm Region has eight airports which during 2015 reached a new
record level with a total of 28 million passengers. During the past 10 years the
number of airline passengers in the Stockholm Region has increased
by 36 percent.
Arriving and departing airline passengers, 2005-2015 (in thousands)
Source: Swedish Transport Agency
Residences
During 2015, the number of apartment projects that
were started in the Stockholm Region reached 23,000.
Number of apartment projects in Stockholm, 2005-2015
About 50 percent of the new apartment projects
were started in Stockholm County.
Stockholm Region
Stockholm County
City of Stockholm
26000
24000
22000
20000
18000
16000
14000
12000
10000
8000
6000
4000
2000
0
2005
Source: Statistics Sweden
2010
2014
2015
Commercial properties- vacancy levels
Stockholm offers good availability of different types of
facilities, both in the center of Stockholm as in attractive
local subarbean locations.
Office spaces in the Central Business District are the
most attractive, and vacancy levels have declined in
recent years and is now at three percent.
Vacancy levels (%) for office spaces in Stockholm, 2010-2016
Central Business District (CBD)
Attractive local suburban locations
Solna/Sundbyberg
The rest of the Inner City
Kista
Stockholm
20
Vacancy levels for Stockholm total have decreased during
the past year and are now at 7 percent.
15
10
5
0
2010
Source: JLL
2011
2012
2013
2014
2015
2016
Commercial properties- market rent levels
Market rent levels for vacant office premises have
increased in Stockholm during the past years.
The market rent levels are now 50 percent lower in local
subarbean locations than in the center of Stockholm.
Market rent levels in Stockholm, 2007-2016
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
Central Business District (CBD)
4 300
4 100
3 700
4 000
4200
4 400
4 400
4 400
4 500
5 200
The rest if the Inner City
3 300
3 200
2 900
3 000
3300
3 300
3 300
3 300
3 400
3 400
Attractive local suburban locations
2 000
2 000
1 900
1 900
2000
2 400
2 400
2 400
2 400
2 600
Kista
1 900
1 900
1 800
1 800
2100
2 100
2 100
2 100
2 200
2 300
Solna/ Sundbyberg
2 200
2 200
2 000
2 000
2200
2 200
2 200
2 200
2 200
2 400
Source: JLL
Residences
The Stockholm Region contains about 45 percent of the
housing stock in Sweden. The majority, approximately one
million residences, live in Stockholm County.
Since 2000, the housing stock increased by 18 percent in
Stockholm County. The City of Stockholm, Nacka and
Solna have accounted for the largest increases in volume.
Source: Statistics Sweden
Housing stock in Stockholm 2015
Change in housing stock
Housing Stock
Municipality
Botkyrka
Danderyd
Ekerö
Haninge
Huddinge
Järfälla
Lidingö
N acka
N orrtälje
N ykvarn
N ynäshamn
Salem
Sigtuna
Sollentuna
Solna
Stockholm
Sundbyberg
Södertälje
Tyresö
Täby
Upplands Väsby
Upplands-Bro
Vallentuna
Vaxholm
Värmdö
Österåker
2000-2015
2015
33 891
13 100
9 584
34 423
42 274
30 870
21 081
40 417
28 227
3 972
12 275
6 351
18 263
29 163
40 415
468 418
22 432
40 281
18 761
27 790
18 708
10 338
12 511
4 653
16 604
17 132
Quantity
3 963
865
1 649
4 879
6 490
4 437
2 136
9 744
5 020
1 162
1 452
894
3 094
4 942
9 711
63 662
4 130
3 878
3 507
3 244
2 289
1 803
2 769
933
5 460
4 092
%
13
7
21
17
18
17
11
32
22
41
13
16
20
20
32
16
23
11
23
13
14
21
28
25
49
31
Stock holm County
1 021 934
156 205
18
Stock holm Region
2 103 102
233 206
12
Sw eden
4 716 568
422 924
10