Story perspectives

Sweden, Finland, and Singapore: Manufacturing Resurgence Revealed

4/25/2025

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Summary

Story summary

Sweden and Finland experienced positive deindustrialization in the 1990s and 2000s, with manufacturing output rising when adjusted for inflation.
Finland's manufacturing GDP share decreased from 24% to 17%, while Sweden's fell from 21% to 16%.
By the early 2000s, both countries rebounded, reaching manufacturing shares of 24% and 20%.
Singapore's manufacturing share declined but recovered to 27% by the mid-2000s.
Switzerland leads in per capita manufacturing output, ranking as the most industrialized nation.

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Story summary

Sweden and Finland experienced positive deindustrialization in the 1990s and 2000s, with manufacturing output rising when adjusted for inflation.
Finland's manufacturing GDP share decreased from 24% to 17%, while Sweden's fell from 21% to 16%.
By the early 2000s, both countries rebounded, reaching manufacturing shares of 24% and 20%.
Singapore's manufacturing share declined but recovered to 27% by the mid-2000s.
Switzerland leads in per capita manufacturing output, ranking as the most industrialized nation.