The Stockholm Region Economy Stockholm Business Alliance Economy

The Stockholm Region Economy Stockholm Business Alliance Economy Q 3 2015 December 2015 Stockholm

Strong economic figures for the Stockholm Region The Stockholm Region Economy 2015 Q 3 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: 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 Vanessa Gisbert at Stockholm Business Region Development. Publisher: Olle Zetterberg. Stockholm’s economic growth continued during the third quarter of 2015. Aggregated gross pay data show positive growth figures for the Stockholm Region compared with the same quarter 2014. 6 719 new companies were registered in the Stockholm Region during the third quarter 2015, which represents a 6 % increase compared to the third quarter 2014. The past four quarters in total 30 100 new companies were registered representing an increase of 5 % in relation to the previous four quarters. 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 decreased in the Stockholm Region compared with the same quarter 2014. The last four quarters the number of residents has increased by 47 000 in relation to 51 000 the previous four quarters in the Stockholm Region, representing a 1% increase in population for the region. The number of housing projects increased in the Stockholm Region compared with the same quarter 2014. In total 21 000 apartments have been started in the region during the past four quarters. Olle Zetterberg CEO Stockholm Business Region

Economic growth, private sector Index 100 = 2005 Q 1 180. 0 2015 Q 3 170. 0 Billion cr. The Stockholm Region Rest of Sweden Stockholm county Uppsala county Södermanland county Örebro county Västmanland county Gävleborg county 160. 0 150. 0 140. 0 130. 0 120. 0 110. 0 The Stockholm Region Source: Statistics Sweden 20 14 20 11 20 08 20 05 100. 0 Rest of Sweden 128, 2 160, 5 93, 8 7, 4 5, 8 7, 3 7, 1 6, 6 Change (%) since, 2005 Q 1 2010 Q 1 2014 Q 3 67, 8 29, 2 5, 1 60, 0 30, 6 3, 7 69, 8 28, 5 5, 7 81, 6 40, 2 5, 0 53, 7 28, 7 3, 0 61, 6 31, 1 4, 1 56, 2 31, 8 2, 3 58, 7 23, 7 2, 0

2015 Q 3 Billion cr. Growth (%) since, 2005 Q 1 2010 Q 1 2014 Q 3 INDUSTRY Economic growth by sector The Stockholm Region Rest of Sweden Stockholm county Uppsala county Södermanland county Örebro county Västmanland county Gävleborg county Index 100 = 2005 Q 1 SERVICES The Stockholm Region Rest of Sweden Stockholm county Uppsala county Södermanland county Örebro county Västmanland county Gävleborg county 250. 0 200. 0 150. 0 19, 6 42, 5 9, 6 1, 5 1, 7 2, 1 2, 6 2, 1 17, 6 16, 3 14, 6 26, 8 14, 3 22, 0 24, 7 16, 2 11, 5 13, 1 10, 5 17, 5 15, 2 13, 9 18, 7 0, 1 1, 1 2, 2 1, 7 -0, 6 2, 2 -0, 8 -1, 7 96, 9 99, 2 77, 0 4, 9 3, 3 4, 4 3, 9 3, 5 78, 1 77, 0 76, 1 97, 7 74, 4 88, 4 84, 2 84, 3 31, 3 37, 0 29, 4 43, 0 32, 8 39, 7 42, 3 36, 5 5, 5 4, 0 5, 7 5, 1 3, 6 5, 2 3, 8 11, 6 18, 8 7, 3 1, 1 0, 8 0, 7 0, 9 119, 5 110, 4 130, 0 135, 4 108, 7 73, 3 72, 6 129, 8 49, 3 47, 1 49, 8 69, 8 47, 2 38, 7 31, 7 51, 4 9, 1 5, 7 10, 7 9, 8 9, 1 3, 1 6, 2 4, 0 OTHER* The Stockholm Region, whereof Source: Statistics Sweden Industry 20 14 20 11 20 08 20 05 100. 0 Services Other The Stockholm Region Rest of Sweden Stockholm county Uppsala county Södermanland county Örebro county Västmanland county Gävleborg county *Other includes, agriculture, forestry and fishing, construction and unspecified sectors

The number of newly registred businesses 14, 000 2015 Q 3 12, 000 10, 000 8, 000 6, 000 4, 000 2, 000 The Stockholm Region 20 14 20 11 20 08 20 05 0 Rest of Sweden Source: The Swedish Companies Registration Office. The Stockholm Region Rest of Sweden Stockholm county Uppsala county Södermanland county Örebro county Västmanland county Gävleborg county Yearly change* Number Ch. , % 6 719 7 179 5 103 429 296 331 294 266 5, 5 -1, 5 6, 3 -3, 6 -10, 3 11, 1 9, 3 18, 8 30 100 32 975 22 699 1 996 1 370 1 485 1 338 1 212 4, 6 1, 2 4, 6 0, 4 1, 9 13, 2 5, 9 4, 0 *Last four quarters

Company bankruptcies 1, 400 2015 Q 3 1, 200 1, 000 800 600 400 200 The Stockholm Region Source: Statistics Sweden 20 14 20 11 20 08 20 05 0 Rest of Sweden The Stockholm Region Rest of Sweden Stockholm county Uppsala county Södermanland county Örebro county Västmanland county Gävleborg county Yearly change* Number Ch. , % 503 698 365 40 17 18 21 42 -17, 7 -12, 8 -18, 2 14, 3 -37, 0 -52, 6 -38, 2 35, 5 2 947 3 724 2 091 214 150 160 145 187 -9, 2 -5, 0 -12, 2 6, 5 1, 4 -6, 4 -2, 0 -4, 1 *Last four quarters

Employment rate Index 100 = 2008 Q 1 115 Number 2015 Q 3 The Stockholm Region 1 884 700 Rest of Sweden 3 039 600 Stockholm county 1 182 800 Uppsala county 181 100 Södermanland county 129 500 Örebro county 136 100 Västmanland county 126 300 Gävleborg county 128 900 110 105 100 95 The Stockholm Region Source: Statistics Sweden 20 14 20 11 20 08 90 Rest of Sweden Growth (%) since, Yearly ch. * 2008 Q 1 2010 Q 1 2014 Q 3 18 600 27 100 22 000 -1 000 -4 000 -1 000 700 1 900 11, 9 7, 2 15, 5 14, 0 2, 2 4, 4 9, 1 0, 2 11, 6 12, 9 14, 6 7, 6 9, 9 10, 6 3, 1 1, 0 0, 9 1, 9 -0, 5 -3, 0 -0, 7 0, 6 1, 5 *Last four quarters

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 3 Growth Yearly ch. * 2008 Q 1 2010 Q 1 2014 Q 3 1 884 700 15 800 18 600 -4 100 11, 9 -1, 3 11, 6 -7, 1 1, 0 -20, 6 151 700 72 600 114 000 215 400 93 500 70 000 110 600 -1 600 -700 1 300 1 700 -200 1 300 2 300 -11, 9 -15, 6 7, 9 3, 7 9, 0 26, 1 16, 2 -2, 4 -4, 6 8, 4 6, 0 5, 8 17, 4 15, 4 -1, 0 1, 2 0, 8 -0, 2 1, 9 2, 1 98 600 400 600 128 500 203 500 265 300 3 000 1 876 400 4 700 -9 700 11 200 -2 200 14 200 1 500 -800 21 100 -6 200 10, 2 23, 1 23, 8 12, 7 12, 9 6, 8 16, 0 21, 9 14, 1 14, 6 11, 9 38, 2 11, 6 27, 0 -9, 0 2, 9 -1, 7 7, 5 0, 6 -21, 1 -56, 9 *Last four quarters Growth (%) since,

Number of recently listed positions Index 100 = 2005 Q 1 300 2015 Q 3 250 The Stockholm Region Rest of Sweden Stockholm county Uppsala county Södermanland county Örebro county Västmanland county Gävleborg county 200 150 100 50 The Stockholm Region Source: The Labor Exchange 20 14 20 11 20 08 20 05 0 Rest of Sweden Yearly growth* Number Ch. , % 97 258 123 118 71 442 7 386 4 691 5 138 4 570 4 031 27, 0 34, 9 26, 9 42, 1 39, 3 17, 9 17, 2 16, 3 425 591 561 212 302 676 29 490 24 418 25 197 23 348 20 462 36, 4 34, 0 38, 7 40, 4 43, 1 24, 2 33, 7 14, 2 *Last four quarters

The number of people given notice Index 100 = 2005 Q 1 400 2015 Q 3 350 300 250 200 150 100 50 The Stockholm Region Source: The Labor Exchange 20 14 20 11 20 08 20 05 0 Rest of Sweden The Stockholm Region Rest of Sweden Stockholm county Uppsala county Södermanland county Örebro county Västmanland county Gävleborg county Yearly change* Number Ch. , % 3 112 4 605 2 164 84 129 161 362 212 -21, 1 -26, 3 -15, 3 -52, 3 -45, 3 -14, 8 -17, 4 -39, 3 18 508 26 152 12 280 752 1 710 1 361 1 440 965 -5, 3 -15, 2 -1, 4 -54, 8 82, 3 -5, 9 2, 6 -40, 9 *Last four quarters

Unemployment in relation to the population (%), 15 -74 years 7. 0 6. 0 5. 0 4. 0 3. 0 2. 0 1. 0 The Stockholm Region 20 15 20 12 20 09 20 05 20 06 0. 0 Sweden Source: The Labor Exchange and Statistics Sweden The Stockholm Region Sweden Stockholm county Uppsala county Södermanland county Örebro county Västmanland county Gävleborg county Number 2015 Q 3 133 094 365 979 71 754 9 419 14 065 11 351 11 600 14 904 Yearly change* 681 -3 026 -310 183 350 -146 56 548 Unemployed out of population, 15 -74 years 2010 Q 1 2014 Q 3 2015 Q 3 5, 5 4, 9 4, 8 6, 2 5, 1 5, 0 4, 4 4, 3 4, 6 3, 5 7, 8 6, 7 6, 8 7, 4 5, 3 7, 2 6, 0 8, 7 6, 9 7, 2 *Last four quarters

Population Index 100 = 2005 Q 1 115 2015 Q 3 (in thousands) 110 The Stockholm Region 3 696, 4 Rest of Sweden 6 132, 3 Stockholm county 2 224, 2 Uppsala county 353, 1 Södermanland county 283, 0 Örebro county 290, 7 Västmanland county 263, 9 Gävleborg county 281, 5 100 95 The Stockholm Region Source: Statistics Sweden 20 14 20 11 20 08 05 90 20 Yearly ch. * Rest of Sweden 46, 8 53, 4 31, 7 4, 4 2, 9 3, 2 2, 7 1, 9 Growth (%) since, 2005 Q 1 2010 Q 1 2014 Q 3 13, 7 6, 4 18, 5 16, 6 8, 4 6, 2 1, 1 1, 9 *Development last four quarters 7, 6 3, 6 9, 8 6, 1 5, 1 4, 9 1, 3 0, 9 1, 4 1, 3 1, 0 1, 1 1, 0 0, 7

Number of housing projects started Index 100 = 2005 Q 1 400 2015 Q 3 350 300 The Stockholm Region Rest of Sweden Stockholm county Uppsala county Södermanland county Örebro county Västmanland county Gävleborg county 250 200 150 100 50 The Stockholm Region Source: Statistics Sweden 20 14 20 11 20 08 20 05 0 Rest of Sweden Yearly change* Number Ch. , % 4 133 7 495 3 279 267 57 388 64 78 11, 0 30, 8 19, 0 -15, 5 -78, 4 43, 7 68, 4 0, 0 20 926 31 149 13 454 3 020 488 2 096 1 241 627 18, 7 26, 6 3, 2 39, 9 -18, 0 97, 2 166, 9 101, 6 *Last four quarters

Commercial Accommodations Index 100 = 2008 Q 3 (Q 3, 2008 - 2015) 140 130 120 110 100 The Stockholm Region 5 01 2 20 14 20 13 20 12 20 11 20 10 20 09 20 08 90 2015 Q 3 Yearly ch. * (in thousands) 17 859 The Stockholm Region 6 491 18 439 41 329 Rest of Sweden 4 415 12 796 Stockholm county 458 1 170 Uppsala county 425 1 003 Södermanland county 543 1 178 Örebro county 289 727 Västmanland county Gävleborg county 360 985 Rest of Sweden Source: Statistics Sweden and Swedish Agency for Economic and Regional Growth (%) since, 2008 Q 3 2010 Q 3 29, 2 17, 7 40, 7 34, 2 -8, 0 9, 2 10, 2 11, 2 17, 7 9, 6 24, 9 20, 1 -5, 1 6, 4 14, 6 -6, 9 *Development last four quarters 2014 Q 3 10, 3 5, 8 14, 3 6, 2 -2, 0 10, 4 5, 0 -7, 0

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 Vanessa Gisbert , 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