The share of Insurance and Financial Services in Sweden's service imports stood at 3.14 units in 2023. Over the past two years, there was a year-on-year decrease of 1.2% in 2022 and 0.95% in 2023. Looking further back, the sector showed an average annual decrease of 0.99% over the last five years (2023-2028). This downtrend is predicted to continue, with a forecasted growth rate of -4.87% over the next five years, hitting 2.95 units by 2028.
Future trends to watch for include:
- Potential impact of digital transformation on financial services
- Insurance market adjustments in response to global economic shifts
- Regulatory changes influencing international service trade
- Integration of sustainable finance across the sector