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Sweden plunge in wealth league

News in short | 2010-02-06

Since the economic crisis Sweden has plunged in the so-called wealth league from the Economic Organization OECD. In addition to hard-hit Ireland, and Iceland, Sweden belongs to the countries that have fallen the most in the ranking. The wealth league is measured by GDP per capita in the leading industrialized countries. In 2007, before the crisis, an average Swedish citizen had a standard of living eleven percent higher than the average in other OECD countries. 2009 it was only seven per cent higher. The figures may however be revised. (SR)

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Sweden recently decided to start taking admission fees for non-EU students starting in the fall semester 2011. What do you think of this?

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