+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Consumer Credit in Sweden

  • PDF Icon

    Report

  • 15 Pages
  • November 2023
  • Region: Sweden
  • Euromonitor International
  • ID: 1542390
Consumer credit suffered during the first year of the COVID-19 pandemic, when economic uncertainty saw the postponement of larger purchases. While gross lending surpassed pre-pandemic levels in 2022, consumers remained cautious, amid much uncertainty about the future. Auto lending, in particular took a hit in 2022, following a strong recovery in 2021. This was due to a shortage of electrical components, which saw the automotive industry temporarily grind to a halt.

The Consumer Credit in Sweden report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Auto Lending, Card Lending, Durables Lending, Education Lending, Home Lending, Other Personal Lending.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Consumer Credit market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2023 DEVELOPMENTS
  • Consumer caution continues amid challenging economic conditions
  • Growth in education lending
  • BNPL hugely popular in Sweden
PROSPECTS AND OPPORTUNITIES
  • Concerns over high levels of debt
  • Finansinspektionen takes over supervising credit assessments
  • Consumer credit institutions’ buffer could support more investment in innovative solutions
CATEGORY DATA
  • Table 1 Consumer Credit: Outstanding Balance by Category: Value 2018-2023
  • Table 2 Consumer Credit: Outstanding Balance by Category: % Value Growth 2018-2023
  • Table 3 Consumer Credit: Gross Lending by Category: Value 2018-2023
  • Table 4 Consumer Credit: Gross Lending by Category: % Value Growth 2018-2023
  • Table 5 Forecast Consumer Credit: Outstanding Balance by Category: Value 2023-2028
  • Table 6 Forecast Consumer Credit: Outstanding Balance by Category: % Value Growth 2023-2028
  • Table 7 Forecast Consumer Credit: Gross Lending by Category: Value 2023-2028
  • Table 8 Forecast Consumer Credit: Gross Lending by Category: % Value Growth 2023-2028
CONSUMER LENDING IN SWEDEN
EXECUTIVE SUMMARY
  • Consumer lending in 2023: The big picture
  • 2023 key trends
  • Riksbank tightens its monetary policy to deal with high inflation
  • House prices have tumbled
  • BNPL strong and growing in Sweden
  • What next for consumer lending?
MARKET DATA
  • Table 9 Consumer Lending: Outstanding Balance by Category: Value 2018-2023
  • Table 10 Consumer Lending: Outstanding Balance by Category: % Value Growth 2018-2023
  • Table 11 Consumer Lending: Gross Lending by Category: Value 2018-2023
  • Table 12 Consumer Lending: Gross Lending by Category: % Value Growth 2018-2023
  • Table 13 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
  • Table 14 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
  • Table 15 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
  • Table 16 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
  • Table 17 Forecast Consumer Lending: Outstanding Balance by Category: Value 2023-2028
  • Table 18 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2023-2028
  • Table 19 Forecast Consumer Lending: Gross Lending by Category: Value 2023-2028
  • Table 20 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources