5 Most Competitive Countries in Europe

4. Sweden

Insider Monkey Competitiveness Score: 75.11

The Global Sustainable Competitiveness Index 2023 Score: 59.6

The Global Talent Competitiveness Index 2023 Score: 73.86

IMD World Competitiveness Score 2023: 91.86

Sweden is a Scandinavian nation situated in Europe. The country is experiencing GDP per capita growth at a rate of 3.04% and has an Insider Monkey competitiveness score of 75.11. On April 12, Reuters reported that Swedish inflation slowed in March as was recorded near the central bank’s target of 2%. The decrease in inflation has paved the way for future cuts in inflation rates and a series of cuts are expected after the next policy meeting scheduled in May.