Sweden Economics
Type of economy: Mixed Economy
HDI ranking: 14th
GDP (national): 26
Per capita income: 60,430.22 USD
Level of Development: MDC
Economic Activities: Timber, hydropower and iron ore are the main economic activities.
Economic Percentages: Agriculture: 1.8% industry: 27.4% services: 70.8 %
Major imports: Machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs and clothing.
Major exports: Industrial machinery, automobiles, paper products, iron and steel products, pulp and wood, and chemicals.
Sweden is a MDC country that leans towards imports. Timber, hydropower and iron ore constitute the resource base of an economy heavily leaned toward foreign trade. They have a strong GDP and usually do service work which is 70.8%. Their major imports consist of mainly machinery and automobiles. Their exports are mainly industrial machinery and automobiles.
Norway Economics
Type of economy: mixed economy
HDI ranking: 1st
GDP (national): 4th
Per capita income: 100,818.50 USD
Level of Development: MDC
Economic activities: Petroleum, shipping, fisheries, and fish farming
Economic percentages: agriculture: 2.2%; industry: 45.1%; services: 52.7%
Major imports: Cars, Refined Petroleum, Computers, Passenger and Cargo Ships
Major exports: Crude petroleum, petroleum gas, refined petroleum, and non-fillet fresh fish
Norway is number one in the word in HDI ranking. They have a great GDP and one of the best in the EU. Norway’s economy is one of the best in the world and usually economically busy in fishing industry. Half of their economic percentage is services. Their imports and exports are very similar in petroleum and gas.
Finland Economy
Type of economy: Mixed economy
HDI ranking: 24th
GDP (national): 24th
Per capita income: 49,146.65 USD
Level of Development: MDC
Economic activities: Electronics, machinery, and vehicles
Economic percentages: Agriculture: 2.8% Industry: 25.9% Services: 71.2%
Major imports: foodstuffs, petroleum and petroleum products
Major exports: Refined petroleum, Kaolin Coated Paper, Large Flat-Rolled Stainless Steel, and sawn wood
Finland is a mixed economy and is 24th in GDP. They are MDC and main economic activities are electronics. More than 2/3rds of their economic activities is services. Petroleum is a key factor in their economy. Most of their money comes from petroleum.
Denmark
Type of economy: Mixed economy
HDI ranking: 4th
GDP (national): 6th
Per capita income: 44,950 PPP dollars
Level of Development: MDC
Economic activities: Large fishing industry, food products, and chemicals.
Economic percentages: agriculture: 4.5%; industry: 19.1%; services: 76.4%
Major imports: processed foods, agricultural and industrial machinery
Major exports: industrial machinery, and chemical products
Denmark is a mixed economy. Their HDI ranking is very high just like their GDP. They are a MDC and a huge fishing industry. Most of their imports are machinery. Most of their exports are machinery as well.
Type of economy: Mixed Economy
HDI ranking: 14th
GDP (national): 26
Per capita income: 60,430.22 USD
Level of Development: MDC
Economic Activities: Timber, hydropower and iron ore are the main economic activities.
Economic Percentages: Agriculture: 1.8% industry: 27.4% services: 70.8 %
Major imports: Machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs and clothing.
Major exports: Industrial machinery, automobiles, paper products, iron and steel products, pulp and wood, and chemicals.
Sweden is a MDC country that leans towards imports. Timber, hydropower and iron ore constitute the resource base of an economy heavily leaned toward foreign trade. They have a strong GDP and usually do service work which is 70.8%. Their major imports consist of mainly machinery and automobiles. Their exports are mainly industrial machinery and automobiles.
Norway Economics
Type of economy: mixed economy
HDI ranking: 1st
GDP (national): 4th
Per capita income: 100,818.50 USD
Level of Development: MDC
Economic activities: Petroleum, shipping, fisheries, and fish farming
Economic percentages: agriculture: 2.2%; industry: 45.1%; services: 52.7%
Major imports: Cars, Refined Petroleum, Computers, Passenger and Cargo Ships
Major exports: Crude petroleum, petroleum gas, refined petroleum, and non-fillet fresh fish
Norway is number one in the word in HDI ranking. They have a great GDP and one of the best in the EU. Norway’s economy is one of the best in the world and usually economically busy in fishing industry. Half of their economic percentage is services. Their imports and exports are very similar in petroleum and gas.
Finland Economy
Type of economy: Mixed economy
HDI ranking: 24th
GDP (national): 24th
Per capita income: 49,146.65 USD
Level of Development: MDC
Economic activities: Electronics, machinery, and vehicles
Economic percentages: Agriculture: 2.8% Industry: 25.9% Services: 71.2%
Major imports: foodstuffs, petroleum and petroleum products
Major exports: Refined petroleum, Kaolin Coated Paper, Large Flat-Rolled Stainless Steel, and sawn wood
Finland is a mixed economy and is 24th in GDP. They are MDC and main economic activities are electronics. More than 2/3rds of their economic activities is services. Petroleum is a key factor in their economy. Most of their money comes from petroleum.
Denmark
Type of economy: Mixed economy
HDI ranking: 4th
GDP (national): 6th
Per capita income: 44,950 PPP dollars
Level of Development: MDC
Economic activities: Large fishing industry, food products, and chemicals.
Economic percentages: agriculture: 4.5%; industry: 19.1%; services: 76.4%
Major imports: processed foods, agricultural and industrial machinery
Major exports: industrial machinery, and chemical products
Denmark is a mixed economy. Their HDI ranking is very high just like their GDP. They are a MDC and a huge fishing industry. Most of their imports are machinery. Most of their exports are machinery as well.