Foreign investment into Sweden fell by around 50% in 2007 compared with the previous year, according to crossborder investment monitor, fDi Intelligence.

Sweden ranks 18th out of 20 European countries monitored by fDi Intelligence for inward investments since 2003.

Sweden’s centre-right government proposes a corporate tax rate cut from 28% to 26.3% from 2009 and a reduction of social contribution fees paid by employers by about one percentage point.