Sweden: information & communication industry turnover 2020

In 2020, the turnover of the information and communication industry in Sweden increased by 4.3 billion euros (+6.58 percent) since 2019. Therefore, the turnover in Sweden reached a peak in 2020 with 70 billion euros. Notably, the turnover in this industry continuously increased over the last years.
Turnover is defined by Eurostat as the total of all sales (excluding VAT) of goods and services carried out by the enterprises of a given sector during the reference period.

Find more statistics on the information and communication industry in Sweden with key insights such as production value, personnel costs, and number of employees.

Annual turnover of the information and communication industry in Sweden from 2011 to 2020 (in million euros)

Characteristic	Annual turnover in million euros
2020	70,049.1
2019	65,724.3
2018b	62,510.8
2017	61,649.7
2016	60,427.7
2015	60,361
2014	45,980.5
2013	45,702.4
2012	44,746.6
2011	42,292.8

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Release date

March 2023

More information

Region

Sweden

Survey time period

2011 to 2020

Supplementary notes

b: Break in time series.
The source adds the following information: Turnover comprises the totals invoiced by the observation unit during the reference period, and this corresponds to market sales of goods or services supplied to third parties, it includes all duties and taxes on the goods or services invoiced by the unit with the exception of the VAT invoiced by the unit to its customer and other similar deductible taxes directly linked to turnover, it also includes all other charges (transport, packaging, etc.) passed on to the customer. Price reductions, rebates and discounts as well as the value of returned packing must be deducted.
Data coverage corresponds to code J of NACE Rev 2.

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