According to greenfield investment monitor fDi Markets, Sweden is the top destination country for foreign direct investment in Scandinavia. Since 2003 there have been a total of 830 FDI projects recorded into the country. Sweden has received considerably more foreign investment than other countries in the region, with second place Denmark receiving 541 projects, ahead of Finland with 313 and Norway with 237. Iceland lags behind in last place with only 21 FDI projects recorded in the eight-year period.
Unsurprisingly, Sweden’s capital city Stockholm saw the highest number of FDI projects in the entire region, with 304 since 2003, closely followed by Copenhagen, Denmark with 282 investments and Helsinki, Finland with 102 investments. From this, it is clear that most companies are focusing their investments into the financial centres of these countries, in their capital cities.
However, despite Stockholm receiving the most investments between 2003 and 2011, Copenhagen was the top recipient of new jobs and capital expenditure. A total of $5.45bn has been invested into the city and 16,480 new jobs created. In contrast with this, $5.35bn has been invested into Stockholm and only 14,589 jobs created. These two cities are surpassing others in the region, with Helsinki, Oslo (Norway) and Gothenburg (Sweden) recoding $5.1bn capital expenditure and just over 15,000 jobs created in all three cities.