The economy in Sweden has grown above expectation, in fact this has been the fastest expansion since 1971. The krona reached a record high against the euro. GDP rose by 2.1 per cent on a quarter on quarter basis. Exports, which represent more than half the country’s GDS, increased 11.9 percent and imports by 14 percent. The OECD expects Sweden’s export-driven economy to expand 4.8 percent this year and 3.7 percent in 2011.