Local government investments provided support during downturn

The Swedish local government debt office, Kommuninvest, has published its inaugural report on investment trends among Sweden’s 310 municipalities and county councils.

Providing an overview of developments between 2007 and 2012, among the report’s key findings are:

  • the municipalities’ investments rose faster than in business and industry; by an average 3 percent per year in real terms.
  • the average municipality invested USD 1,400 per inhabitant in 2012, although the variation between different municipalities was considerable.
  • investment levels tends to be higher in municipalities and counties with high population growth, sizeable corporate spheres and high equity/assets ratios.