Sweden among EU Member Countries least economically affected by COVID-19

Sweden, which has not resorted to lockdown during the pandemic, has registered a decrease of 8.6% in its economy between April and June as compared to the previous three months.

According to the country’s official statistics, during the pandemic period, Sweden has fared far better than other EU countries that resorted to strict lockdown measures and compared to the EU average reported drop of 11.6%.

However, the drop in the economy is the largest over the last 40 years.

Spain has registered a decrease of 18.5% while France and Italy have registered a decrease of 13%.