Sweden Records Largest GDP Drop Since 1980, But Outperforms Many Other EU Countries
The coronavirus pandemic has taken a toll on Sweden's economy. Despite the country's relaxed response to the virus, its gross domestic product recorded the largest quarterly drop in modern history.
by H.J. Mai
Aug 06, 2020
2 minutes
Sweden's gross domestic product took its largest tumble in a single quarter in modern history during the second quarter of this year, despite the country's decision to not shut down its economy.
The nation's GDP fell 8.6% during the three-month period ending in June, according to preliminary . Yet, Sweden's economic decline, while
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