Stockholm to grow 'six times faster than Paris'

People from all over the world are drawn to Stockholm, attracted by the capital's vibrant business environment and opportunities, innovation and stable economy. 

In fact, Stockholm is expected to be the fastest growing major European city by 2030, overtaking mega-metropolis London, according to a study by the Stockholm Chamber of Commerce.

Over the last five years, the Swedish capital's growth has beaten all expectations and is already among Western Europe's five fastest growing cities. In the run up to 2030, Stockholm is expected to grow twice as fast as cities like Zürich and Copenhagen – and six times quicker than Paris.

"The Stockholm region's importance as Sweden's growth engine is increasingly important," said the head of the Stockholm Chamber of Commerce, Maria Rankka. "As the population is expected to grow by the equivalent of two public transport buses every day between now and 2030, the need for new investment in the region is growing."

By 2030, Stockholm is expected to have some 500,000 more people than today. The percentage of highly educated people moving in is twice as many as in the other 16 cities monitored in the survey. 

This article was published in collaboration between Stockholm Business Region and The Swedish Wire.