Stockholm Economy Q 4 2015 March 2016 Photo

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Stockholm Economy Q 4 2015 March 2016 Photo: Henrik Trygg

Stockholm Economy Q 4 2015 March 2016 Photo: Henrik Trygg

Continued strong economy in Stockholm Economy Q 4 2015 About the report The report

Continued strong economy in Stockholm Economy Q 4 2015 About the report The report is published each quarter by Stockholm Business Region. The report includes Stockholm County and the City of Stockholm. Statistics used is collected from Statistics Sweden, The Labour Exchange and The Swedish Companies Registration Office. The report can be downloaded from: http: //www. stockholmbusinessregion. se/en/facts--figures/#facts-aboutbusiness The Stockholm Region is defined as Stockholm County, Uppsala County, Gävleborg County, Västmanland County, Örebro County and Södermanland County. Individual county reports for the above mentioned can be found in Swedish here: http: //www. stockholmbusinessalliance. se/konjunkturrapporter/ Questions can be addressed to Stefan Frid at Stockholm Business Region Development. Publisher: Olle Zetterberg. Stockholm’s economic growth continued during the fourth quarter of 2015. Aggregated gross pay data show positive growth figures both for Stockholm County as well as the City of Stockholm compared to the same quarter 2014. 6 591 new companies were registered in Stockholm County during the last quarter of 2015, whereof the City of Stockholm accounted for 3 996. This represents a 10 % increase for the county and 15 % increase for the city compared to the fourth quarter 2014. The number of people employed has increased during the last quarter. The number of listed positions increased and the number of people given notice decreased. The unemployment rate continued to decrease both in Stockholm County and the City of Stockholm compared with the same quarter 2014. In 2015 the number of residents has increased by 33 400 in Stockholm County, of which the City of Stockholm accounted for 11 500, representing a 2% increase for the county and 1% increase for the city. The number of housing projects decreased in both the county and the City of Stockholm in relation to the same quarter last year. In total 12 700 apartments were started in Stockholm County during the last four quarters, whereof about 4 500 in the City of Stockholm. Olle Zetterberg CEO Stockholm Business Region

Economic growth, private sector Index 100 = 2005 Q 1 180 2015 Q 4

Economic growth, private sector Index 100 = 2005 Q 1 180 2015 Q 4 Change (%) since, Billion cr. 2005 Q 1 2010 Q 1 2014 Q 4 Sweden 289, 8 64, 0 30, 5 5, 2 Stockholm Region 130, 1 70, 3 31, 2 5, 9 Stockholm county 95, 7 73, 3 31, 1 6, 4 City of Stockholm 62, 7 i. u. 33, 0 7, 1 Sweden, excl. Stockholm county 194, 0 59, 8 30, 2 4, 7 170 160 150 140 130 120 Stockholm county 110 Sweden, excl. Stockholm county Source: Statistics Sweden 20 14 20 11 08 20 20 05 100

Economic growth, 2015 Q 4 Stockholm county Total Agriculture, forestry & fishing Manufacturing, mining,

Economic growth, 2015 Q 4 Stockholm county Total Agriculture, forestry & fishing Manufacturing, mining, quarrying & utilities Energy & Environment Construction Trade Transport Accommodation & food services Information & communication Financial & insurance Real Estate Business services Public administration Education Health Personal & cultural services Unspecified Private sector State Municipal County council Public sector Source: Statistics Sweden Billion cr. 116, 7 0, 2 8, 5 1, 1 7, 2 15, 2 3, 5 11, 3 7, 8 2, 2 19, 0 0, 1 2, 7 7, 4 4, 0 0, 3 95, 7 8, 3 9, 5 3, 1 21, 0 Growth (%) since, 2009 Q 1 2010 Q 1 31, 7 30, 0 57, 4 4, 1 37, 3 63, 9 27, 8 20, 3 85, 2 20, 5 -2, 4 59, 3 50, 4 38, 4 58, 4 72, 0 47, 8 44, 7 33, 0 33, 4 22, 6 18, 7 26, 0 39, 0 8, 1 35, 6 58, 8 22, 2 16, 3 72, 2 24, 6 -0, 4 53, 9 50, 0 25, 3 50, 4 54, 1 41, 3 72, 0 31, 1 30, 1 20, 9 25, 1 25, 0 City of Stockholm 2014 Q 4 6, 0 Billion cr. 72, 9 8, 3 2, 4 8, 8 10, 3 5, 9 3, 0 10, 3 4, 2 2, 7 9, 7 8, 7 -11, 5 7, 1 10, 3 5, 5 16, 0 6, 4 3, 3 5, 5 1, 5 4, 0 0, 0 4, 1 0, 5 3, 5 8, 7 2, 4 2, 5 9, 3 6, 2 1, 5 15, 0 0, 1 1, 6 4, 3 3, 0 0, 1 62, 7 5, 8 3, 6 0, 8 10, 2 Growth (%) since, 2009 Q 1 2010 Q 1 33, 1 31, 1 130, 5 9, 4 -13, 2 81, 8 33, 2 21, 7 83, 3 25, 7 -5, 0 54, 7 51, 0 29, 5 61, 0 69, 6 44, 9 55, 8 34, 5 28, 0 19, 2 25, 5 24, 6 51, 3 9, 6 -2, 6 97, 8 25, 4 15, 1 72, 3 30, 4 -3, 0 51, 4 50, 9 21, 7 54, 0 49, 2 37, 8 24, 0 33, 0 23, 3 16, 7 14, 1 2014 Q 4 6, 6 1, 1 0, 6 14, 9 11, 2 7, 5 5, 1 8, 7 4, 9 2, 2 12, 3 9, 7 -8, 5 8, 1 11, 8 4, 7 49, 5 7, 1 3, 0 6, 9 1, 6 4, 2

The number of newly registred businesses 16, 000 2015 Q 4 14, 000 12,

The number of newly registred businesses 16, 000 2015 Q 4 14, 000 12, 000 Sweden Stockholm Region Stockholm county City of Stockholm Sweden, excl. Stockholm county 10, 000 8, 000 6, 000 4, 000 Stockholm county City of Stockholm Sweden, excl. Stockholm county 2, 000 20 14 20 11 08 20 20 05 0 Source: The Swedish Companies Registration Office. Yearly change* Number Ch. , % 18 284 8 701 6 591 3 996 11 693 9, 1 10, 0 14, 6 8, 9 64 625 30 826 23 298 13 964 41 327 3, 6 5, 5 6, 0 8, 8 2, 3 *Last four quarters

Company bankruptcies 1, 600 2015 Q 4 1, 400 1, 200 Sweden Stockholm Region

Company bankruptcies 1, 600 2015 Q 4 1, 400 1, 200 Sweden Stockholm Region Stockholm county City of Stockholm Sweden, excl. Stockholm county 1, 000 800 600 400 Number Ch. , % 1 676 733 530 339 1 146 -12, 8 -14, 1 -13, 7 -15, 7 -12, 3 6 426 2 827 2 007 1 243 4 419 -10, 2 -11, 4 -14, 2 -15, 7 -8, 2 *Last four quarters Stockholm county City of Stockholm Sweden, excl. Stockholm county 200 Source: Statistics Sweden 20 14 20 11 20 08 0 20 05 Yearly change*

Employment rate Index 100 = 2008 Q 1 130 120 Sweden Stockholm Region Stockholm

Employment rate Index 100 = 2008 Q 1 130 120 Sweden Stockholm Region Stockholm county City of Stockholm Sweden, excl. Stockholm county 110 100 Number 2015 Q 4 4 847 300 1 876 700 1 188 000 520 300 3 659 300 Stockholm county City of Stockholm Source: Statistics Sweden 20 15 20 14 20 13 20 12 20 11 20 10 20 09 20 08 90 Sweden, excl. Stockholm county Growth (%) since, Yearly ch. * 2008 Q 1 74 600 25 500 22 100 4 600 7, 2 11, 4 16, 0 19, 5 9, 8 11, 1 13, 4 14, 3 1, 6 1, 4 1, 9 0, 9 52 500 4, 7 8, 7 1, 5 *Last four quarters 2010 Q 1 2014 Q 4

The number of employed people in Stockholm County Total Agriculture, forestry & fishing Manufacturing,

The number of employed people in Stockholm County Total Agriculture, forestry & fishing Manufacturing, mining, quarrying & utilities Manufacturing of workshop products Construction Trade Transport Accommodation & food services Information & communication Arts, entertainment, recreation & other services Financial & insurance Public administration Education Health Unspecified Employed in Sweden Employed abroad Source: Statistics Sweden Number 2015 Q 4 Growth Yearly ch. * 2008 Q 1 2010 Q 1 2014 Q 4 1 188 000 4 400 59 400 29 100 64 600 142 200 57 400 47 700 88 100 22 100 -200 600 2 700 3 600 4 800 1 900 5 700 -2 000 16, 0 37, 5 2, 1 1, 7 7, 7 5, 8 8, 1 33, 2 15, 3 13, 4 37, 5 1, 7 -3, 0 13, 7 11, 8 5, 3 28, 6 11, 2 1, 9 -4, 3 1, 0 10, 2 5, 9 3, 5 3, 4 13, 6 -2, 2 69 900 303 700 77 700 126 900 138 600 0 1 182 600 5 400 -100 13 500 -6 500 3 800 -2 100 -2 400 22 900 -800 11, 8 26, 0 19, 7 20, 9 11, 7 9, 2 18, 2 8, 7 15, 0 12, 9 15, 9 58, 8 13, 3 45, 9 -0, 1 4, 7 -7, 7 3, 1 -1, 5 -100, 0 2, 0 -12, 9 *Last four quarters Growth (%) since,

Number of recently listed positions Index 100 = 2005 Q 1 300 2015 Q

Number of recently listed positions Index 100 = 2005 Q 1 300 2015 Q 4 250 Sweden Stockholm Region Stockholm county City of Stockholm Sweden, excl. Stockholm county 200 150 100 50 Source: The Labor Exchange 20 14 20 11 08 20 20 05 0 Yearly growth* Number Ch. , % 283 435 117 247 82 214 53 347 40, 4 30, 1 27, 1 23, 3 1 068 389 452 751 320 195 204 948 36, 1 33, 6 34, 3 29, 5 201 221 46, 7 748 194 36, 9 Stockholm county City of Stockholm Sweden, excl. Stockholm county *Last four quarters

The number of people given notice Index 100 = 2005 Q 1 400 2015

The number of people given notice Index 100 = 2005 Q 1 400 2015 Q 4 350 300 Sweden Stockholm Region Stockholm county City of Stockholm Sweden, excl. Stockholm county 250 200 150 100 50 Source: The Labor Exchange 20 14 20 11 08 20 20 05 0 Yearly change* Number Ch. , % 9 692 4 505 3 093 951 -13, 5 -2, 0 -5, 9 -36, 6 43 142 18 415 12 085 6 008 -8, 4 -0, 7 -3, 3 -4, 3 6 599 -16, 7 31 057 -10, 2 Stockholm county City of Stockholm Sweden, excl. Stockholm county *Last four quarters

Unemployment in relation to the population (%), 15 -74 years 7. 0 6. 0

Unemployment in relation to the population (%), 15 -74 years 7. 0 6. 0 5. 0 Sweden Stockholm Region Stockholm county City of Stockholm Sweden, excl. Stockholm county 4. 0 3. 0 2. 0 1. 0 20 15 20 12 20 09 20 05 20 06 0. 0 Source: The Labor Exchange and Statistics Sweden Number 2015 Q 4 376 052 134 463 70 747 30 868 Yearly change* -1 715 1 817 61 -333 305 -1 776 Stockholm county City of Stockholm Sweden, excl. Stockholm county Unemployed out of population, 15 -74 years 2010 Q 1 2014 Q 4 2015 Q 4 6, 2 5, 5 4, 9 4, 4 4, 3 4, 2 4, 7 4, 5 4, 4 *Last four quarters 6, 7 5, 5 5, 4

Population Index 100 = 2005 Q 1 130 2015 Q 4 Yearly ch. *

Population Index 100 = 2005 Q 1 130 2015 Q 4 Yearly ch. * (in thousands) Sweden Stockholm Region Stockholm county City of Stockholm Sweden, excl. Stockholm county 120 110 Stockholm county City of Stockholm Sweden, excl. Stockholm county Source: Statistics Sweden 20 14 20 11 20 08 20 05 100 Growth (%) since, 2005 Q 1 2010 Q 1 2014 Q 4 9 851, 0 3 706, 4 2 231, 4 923, 5 103, 7 48, 9 33, 4 11, 5 9, 3 14, 0 18, 9 20, 6 5, 3 7, 9 10, 2 10, 9 1, 1 1, 3 1, 5 1, 3 7 619, 6 70, 3 6, 7 4, 0 0, 9 *Development last four quarters

Number of housing projects started Index 100 = 2005 Q 1 600 2015 Q

Number of housing projects started Index 100 = 2005 Q 1 600 2015 Q 4 500 Sweden Stockholm Region Stockholm county City of Stockholm Sweden, excl. Stockholm county 400 300 200 100 Source: Statistics Sweden 20 14 20 11 08 20 20 05 0 Yearly change* Number Ch. , % 11 800 4 061 2 944 1 312 -16, 3 -32, 2 -29, 8 -3, 9 53 974 19 748 12 743 4 456 17, 9 4, 8 -4, 3 9, 1 8 856 -10, 6 41 231 27, 1 Stockholm county City of Stockholm Sweden, excl. Stockholm county *Last four quarters

Commercial Accommodations Index 100 = 2008 Q 4 (Q 4, 2008 - 2015) 150

Commercial Accommodations Index 100 = 2008 Q 4 (Q 4, 2008 - 2015) 150 140 Sweden Stockholm Region Stockholm county City of Stockholm Sweden, excl. Stockholm county 130 120 110 100 2015 Q 4 Yearly ch. * Growth (%) since, (in thousands) 2008 Q 4 2010 Q 4 2014 Q 4 9 889 59 881 29, 9 22, 3 7, 5 3 807 18 117 36, 0 25, 8 7, 3 2 905 12 981 42, 6 31, 6 6, 8 1 991 8 591 41, 1 30, 1 8, 1 6 984 Stockholm county City of Stockholm 90 20 15 20 14 20 13 20 12 20 11 20 10 20 09 20 08 Sweden, excl. Stockholm county Source: Statistics Sweden and Swedish Agency for Economic and Regional Growth 46 900 25, 3 18, 8 *Development last four quarters 7, 8

Stockholm Business Region is responsible for developing and promoting Stockholm as a business and

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 Stockholm Business Region Development and Stockholm Visitors Board. For questions: Contact Stefan Frid, Stockholm Business Region. Publisher: Olle Zetterberg, CEO Stockholm Business Region P. O. Box 16282 SE-103 25 Stockholm, Sweden Phone + 46 8 508 280 00 www. visitstockholm. com investstockholm. com stockholmbusinessregion. se