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Embassy of Sweden Canberra, Australia

Local time 7:40 PM

Swedish Business Climate Survey

Launched in 2020 as a global initiative by Team Sweden, the Business Climate Survey serves as an important tool that provides insights from Swedish companies on the business environment across markets globally. Australia participated for the first time in 2025.

Among the world's largest economies, Australia ranks 10th globally in GDP per capita and is the second-highest for median wealth. It’s currently the sixth-largest market for Swedish exports outside Europe, with the true figures for the economic exchange being significantly higher since many Swedish businesses produce locally or include global value chains.

This marks the second year that Swedish companies operating in Australia have participated in the Business Climate Survey, coordinated by Team Sweden in Australia: Business Sweden, the Swedish Australian Chamber of Commerce, and the Embassy of Sweden in Canberra.

The 2026 survey confirms a business community that remains resilient and forward-looking:

  • 72% of Swedish companies report profitability.
  • 74% expect turnover to increase, and 53% plan to raise investment levels.
  • 87% see the Swedish brand as a clear competitive advantage.

Competitiveness in Australia is closely linked to local presence, strong relationships, and operational adaptability. The Swedish brand remains a clear asset, particularly where it reinforces strengths in quality, sustainability, and innovation.

Visit Business Sweden’s website to read more about the overall findings: Australia Business Climate Survey 2026 - Business Sweden

Last updated 23 Apr 2026, 1.56 PM