Update of Sweden's Convergence Programme 2005 Reference No.: Fi 2005.37

The convergence programme shows that Swedens economy is on a positive track. GDP is expected to increase by 2.4 per cent in 2005 and 3.1 per cent in 2006. Net lending in the public sector is estimated at 1.4 per cent of GDP in 2005 and 0.7 per cent in 2006. Consolidated gross debt in the public sector, the so-called Maastricht debt, is expected to reach 50.9 per cent of GDP in 2005 and decline to 46.0 per cent in 2008.