Business Statistics: Sweden

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Business Statistics: Sweden

The total number of businesses in Sweden as of 2018 was 1,228,854. A total of 68,113 new businesses were started in 2018, and sole traders accounted for 15,666 of those businesses

TOTAL NUMBER OF BUSINESSES

BREAKDOWN OF BUSINESSES IN SWEDEN

NUMBER OF BUSINESSES WITH NO EMPLOYEE (SOLE TRADER)

NUMBER OF BUSINESSES WITH LESS THAN TEN EMPLOYEES (1-9)

NUMBER OF BUSINESSES WITH LESS THAN 200 EMPLOYEES (10-199)

NUMBER OF BUSINESSES WITH MORE THAN 200 EMPLOYEES

NUMBER OF NEW BUSINESSES

NUMBER OF BUSINESSES WITH ANNUAL TURNOVER OF LESS THAN 50 MILLION EUR (UPDATED)

  • 8,928(Original figure from Dunn & Bradstreet)
  • This number taken from Dunn & Bradstreet only represents .074% of the total business population in Switzerland. The Dunn & Bradstreet figures show that 97.68% of the businesses have yearly revenues under 50 million EUR. We therefore made the assumption that 97.68 could logically carry over to the entire business population. Considering there are 1,228,854 businesses in Sweden, we can make the assumption that 97.68% have revenues under 50 million EUR. Therefore, approximately 1,200,344 businesses in Sweden have annual revenues under 50 million EUR.
  • 1,200,344 (Updated approximate figure with assumptions)

RESEARCH STRATEGY

After a thorough and wide-reaching search through Sweden business authoritative agencies' databases, media sources, and company data aggregator databases such as the Business Registration Officer of Sweden, Statistics Sweden, Hoovers, DN.se, GP, and Aftonbladet, we were able to publicly find some information regarding the Swedish number of sole traders and new businesses as well as data points we leveraged to triangulate a proxy for those not found preexisting.
While OECD provided information regarding the breakdown analysis of businesses in Sweden by the number of employees (1-9, 10-19, 20-49, 50-250 over 250), the total number did not correspond with the data provided by Statistics Sweden. This informed our decision by outline the breakdown of business in the range of less than ten (one to nine), less than 200 (10 to 199), and 200 and above.
We also leveraged publicly available information regarding businesses in Sweden estimated annual turnover published by Hoovers on its database to estimate the number of businesses in Sweden with an annual turnover of less than 50 million EUR. The database published a business directory of companies and enterprises in Sweden, numbering 9,140, with their corresponding annual sales revenue estimates in USD. We then used a currency converter to determine the value of 50 million EUR in USD to determine the number of businesses in Sweden with less than 50 million EUR in annual turnover.

CALCULATION

ESTIMATION OF THE NUMBER OF BUSINESSES WITH LESS THAN TEN EMPLOYEES

Businesses with less than ten employees = business with one to four employees + businesses with five to nine employees
2018 = 248,324 + 43,830 = 292,154
2017 = 237,272 + 43,556 = 280,828
2016 = 227,101 + 43,416 = 270,517
2015 = 224,993 + 43,297 = 268,290
2014 = 219,515 + 42,786 = 262,301

ESTIMATION OF THE NUMBER OF BUSINESSES WITH LESS THAN 200 EMPLOYEES (10-199)

Businesses with less than 200 employees = businesses with 10 to 19 employees + businesses with 20 to 49 employees + businesses with 50 to 99 employees + businesses with 100 to 199 employees
2018 = 24,116 + 14,304 + 4,439 + 1,987 = 44,846
2017 = 23,803 + 14,115 + 4,322 + 1,956 = 44,196
2016 = 23,597 + 13,626 + 4,249 + 1,903 = 43,375
2015 = 23,157 + 13,337 + 4,042 + 1,856 = 45,392
2014 = 22,844 + 13,079 + 3,935 + 1,788 = 41,646

ESTIMATION OF BUSINESSES WITH 200+ EMPLOYEES

Businesses with 200+ employees = businesses with 200 to 499 employees + businesses with 500+ employees
2018 = 1,132 + 974 = 2,106
2017 = 1,084 + 955 = 2,039
2016 = 1,056 + 940 = 1,996
2015 = 1,032 + 925 = 1,925
2014 = 1,012 + 920 = 1,932

ESTIMATION OF THE TOTAL NUMBER OF BUSINESSES IN SWEDEN

Total number of businesses = number of businesses with zero employee (sole traders) + number of businesses with less than 10 employees + number of businesses with less 200 employees + number of businesses with 200+ employees
2018 = 889,748 + 292,154 + 44,846 + 2,106 = 1,228,854
2017 = 884,654 + 280,828 + 44,196 + 2,039 = 1,211,717
2016 = 884,218 + 270,517 + 43,375 + 1,996 = 1,200,106
2015 = 865,122 + 268,290 + 45,392 + 1,925 = 1,180,729
2014 = 852,470 + 262,301 + 41,646 + 1,932 = 1,158,349

ESTIMATION OF THE NUMBER OF BUSINESSES WITH ANNUAL TURNOVER OF LESS THAN 50 MILLION EUR

Based on Hoovers' business directory of companies and enterprises in Sweden, only 212 businesses have annual revenues greater than 50 million EUR (55.53 million USD). The remaining 8,928 out of 9,140 businesses listed in the business directory have less than 50 million EUR in annual turnover.
Sources
Sources