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IMF Country Report No. 23/112
SWEDEN
SELECTED ISSUES
March 2023
This Selected Issues paper on Sweden was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on February 24, 2023.
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Title page
SWEDEN
SELECTED ISSUES
February 24, 2023
Approved By
European and Money and Capital Markets Department
Prepared By Svetlana Vtyurina (EUR) and Rhiannon Sowerbutts (FSAP external expert).
Contents
SWEDEN'S CORPORATE VULNERABILITIES: A FOCUS ON COMMERCIAL REAL ESTATE
A. Overview
B. Vulnerabilities and Contagion Risks
C. Stress Test
D. Policy Considerations
FIGURES
1. Selected CRE Indicators
2. Contagion in the CRE Sector
3. Credit Line Maturities
4. Cross-Ownership: Listed CRE Firms
5. Selected CRE Financial Ratios
6. CRE Stress Test Results