Record figures are expected for Christmas shopping | Free Times

Published 25 December 2021 at 14.00

In just 20 years, the Swedes’ economic standard has increased by 60 percent. At the same time, the proportion with a low financial standard has increased markedly, especially among young people.

About eight percent of the population and twelve percent of children live in a household that has a financial standard that is not even half that of the median family. As a whole, however, the Swedes’ economic standard has increased.

– If you compare with 1999, the economic standard for Sweden’s population was just over 60 percent higher in 2020. What in 1999 was the median value in the population is today close to the limit of what is called low economic standard, says Hans Heggemann, investigator at Statistics Sweden, in a statement.

Source: Fria Tider by

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