Sweden's per capita income is $46,060, making its PCI 14th-highest in the world. San Marino, with a PCI of $45,130 is the 13th-highest.
Sweden has a very well developed industry in sectors like engineering, telecom, power, automobiles, pharmaceuticals, etc. The nation's economy is heavily dependent on foreign trade. It also has highly skilled work force.
Image: Soldiers are seen during the changing of the guard on HM King Carl XVI Gustaf of Sweden's 60th birthday at the Stockholm Royal Palace on April 30, 2006 in Stockholm, Sweden. | Photograph: Chris Jackson/Getty Images
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