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Swedish games industry makes $3.8bn in 2020 while workforce grows

Number of Swedish game companies has grown by double-digit percentages every year for a decade, now total 667 in number

Games firms in Sweden generated a combined revenue total of €3.3 billion ($3.8 billion) last year, up 43% year-over-year, according to the 2021 Game Developer Index by trade body Dataspelsbranschen.

The report identified 667 game companies in the country, marking at least ten straight years of double-digit percentage growth.

Collectively, Swedish companies posted profits of €720 million ($834 million) for 2020, up 46% year-over-year.

"With 81 new companies, the Swedish industry is showing stable growth and over the past decade has increased turnover from €130 million ($150.5 million) to an incredible €3.3 billion over a ten-year period," the report said.

"The industry as a whole continues to be profitable, now for the 12th consecutive year."

Among the reported workforce of 6,596 employees, the gender breakdown revealed that men make up 78.6% of the industry where as women account for 21.4%

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Jeffrey Rousseau

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Jeffrey Rousseau joined GamesIndustry.biz in March 2021. Based in Florida, his work focused on the intersectionality of games and media. He enjoys reading, podcasts, staying informed, and learning how people are tackling issues.