Key Market Indicators
Music revenue in Sweden is expected to top €711 million by 2026. This is a 1.4% year-on-year growth from 2021's figure of €655.76 million, which put them in fourth place in the rankings, behind France. The United Kingdom, France, and Sweden came in second, third and fourth place respectively in 2021. Meanwhile, Swedish music expenditure is predicted to reach €22.53 billion by 2026, up 0.5% year-on-year from 2021's figure of €20.9 billion. Since 1998, the demand for music in Sweden has fallen by 1.1% year-on-year. The Netherlands was ahead of Sweden in 2021, taking seventh place in the rankings. Germany, France, and Italy occupied the top three spots in the rankings.