The Scandinavian country of Sweden also has a robust economy . The nation is primarily export-focused , with products like timber , hydropower and iron ore playing key roles in its foreign trade . With a population of around 9.9mn , Sweden ’ s GDP was approximately $ 538bn last year . Some renowned Swedish firms include IKEA , H & M and Spotify .

Click

here for more info

Switzerland reported a GDP of $ 678.8bn last year , making it the seventh biggest economy in Europe . Discover Switzerland reports that approximately 74 % of Swiss GDP is generated by the service sector whilst 25 % comes from industry . The EU is the country ’ s key trading partner : around 78 % of Swiss imports come from the EU , while 43 % of the country ’ s exports are destined for EU countries . Glencore International , Nestlé and Zurich Insurance Group are just some of the companies headquartered in Switzerland . Click here for more info

69

europe . businesschief . com