National Institute of Economic Research
The National Institute of Economic Research (Konjunkturinstitutet) is a Swedish government agency under the Ministry of Finance that produces independent macroeconomic forecasts, monthly business tendency surveys of 5,800 firms, and policy analyses serving the Swedish Government, agencies, banks, and researchers.
- Company typePrivate
- Founded1937
- HeadquartersStockholm, Sweden
- Headcount51–100
- GTM typeB2B
- OfferingServices
What National Institute of Economic Research does
The National Institute of Economic Research (Konjunkturinstitutet, NIER) is a Swedish government agency operating under the Ministry of Finance, founded in 1937 and headquartered in Stockholm with approximately 50-55 employees. Its core function is to produce independent macroeconomic forecasts and analyses of the Swedish and international economy as the basis for Swedish economic policy, operating with statutory independence from political interference. NIER is part of Sweden's Official Statistics system and conducts monthly EU-harmonized Business Tendency Surveys of approximately 5,800 firms and households, publishes quarterly Swedish Economy Reports (Konjunkturläget) and monthly Economic Tendency Surveys (Konjunkturbarometern), and issues annual Sustainability and Wage Formation Reports.
NIER's analytical engine is a set of proprietary macroeconomic models calibrated specifically for Sweden: EMEC (a 26-sector CGE environmental model), MIMER (dynamic general equilibrium with overlapping generations), SELMA (open-economy New Keynesian model), FIMO (financial flow model), KAMEL (demographic labor market model), IOR (input-output model covering ~30 sectors), and KIMONO (nowcast package with dynamic factor and MIDAS models over 33 variables). Two public databases — Prognosdatabasen (forecasts) and Statistikdatabasen (survey results) — are accessible via a public API with Python and R examples, allowing automated retrieval into Jupyter, RStudio, and Excel. All forecasts, analyses, and data are provided free of charge.
NIER is funded through annual government appropriations rather than commercial revenue. Its primary customer is the Swedish Government (Ministry of Finance), whose budget processes (Spring Financing Proposal in April, Budget Proposal in September/October) are calibrated using NIER's quarterly forecasts. Downstream users include other government agencies, banks and financial institutions (via analyst meetings), and academic researchers. Distribution is entirely direct via the konj.se website, press conferences, analyst meetings, and email newsletters; there are no commercial sales channels.
National Institute of Economic Research firmographics
Firmographics- Name
- National Institute of Economic Research
- Legal name
- National Institute of Economic Research (NIER)
- Website
- https://konj.se
- Company type
- Private
- Founded year
- 1937
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- The National Institute of Economic Research (Konjunkturinstitutet) is a Swedish government agency under the Ministry of Finance that produces independent macroeconomic forecasts, monthly business tendency surveys of 5,800 firms, and policy analyses serving the Swedish Government, agencies, banks, and researchers.
- Ownership category
- akta.pro rank
Where National Institute of Economic Research is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
National Institute of Economic Research business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Government Appropriation: As a government agency under the Ministry of Finance, NIER is funded through annual government appropriations and regulatory letters. The institute's forecasts serve as an independent basis for economic policy and are used by government agencies, firms, and organizations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free access to all publications and data |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
National Institute of Economic Research product offering
Product offeringCore offering
National Institute of Economic Research (NIER) is a Swedish government agency that produces independent macroeconomic forecasts and analyses for the Swedish and international economy. Its core deliverables are the quarterly Konjunkturläget (Swedish Economy Report) covering 1-2 year short-term and 5-year medium-term forecasts, and the monthly Konjunkturbarometern (Economic Tendency Survey) drawing on responses from approximately 5,800 firms and households. These are supported by open forecast and statistical databases (Prognosdatabasen and Statistikdatabasen) with public API access, environmental economics analyses, long-term scenarios, wage formation reports, occasional studies, and working papers.
Product overview
National Institute of Economic Research (NIER) operates as a government agency under the Ministry of Finance, providing economic research, forecasts, and analyses. The core product portfolio consists of two main publication series: Konjunkturläget (Swedish Economy Report), published quarterly with macroeconomic forecasts for the Swedish and international economy, and Konjunkturbarometern (Economic Tendency Survey), published monthly with business and consumer sentiment data. These are supported by two database products—Prognosdatabasen (Forecast Database) containing macroeconomic forecasts and historical data, and Statistikdatabasen (Statistical Database) with detailed survey results. Additional analytical products include Miljöekonomi (Environmental Economics), Hållbarhetsrapporten (Sustainability Report), Lönebildningsrapporten (Wage Formation Report), and Specialstudier (Occasional Studies). NIER also maintains several specialized macroeconomic research models including EMEC (environmental general equilibrium), MIMER (dynamic general equilibrium), SELMA (New Keynesian model), FIMO (financial model), KIMONO (nowcasting), and IOR (input-output model). All databases offer public API access for automated data retrieval in Python and R.
Differentiator
Problem solved
Functional benefit
Products and services
- Konjunkturläget (Swedish Economy Report)
- Konjunkturbarometern (Economic Tendency Survey)
- Prognosdatabasen (Forecast Database)
- Statistikdatabasen (Statistical Database)
- Långtidsscenario (Long-term Scenario)
- Miljöekonomi (Environmental Economics)
- Hållbarhetsrapporten (Sustainability Report)
- Lönebildningsrapporten (Wage Formation Report)
- Specialstudier (Occasional Studies)
- KI-kommentarer (KI Comments)
- Working Papers
- Remissvar (Consultation Responses)
Quantifiable outcome
- Monthly surveys of 5,800 firms across manufacturing, services, construction, retail, and consumer sectors provide rapid economic indicators
- +1 more outcomes
Companies that use National Institute of Economic Research
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles4 records
National Institute of Economic Research technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability1 record
Feature7 records
National Institute of Economic Research partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor and core.
- IVL Swedish Environmental Research InstituteminorCollaborated with NIER on the 'More Sustainably Waste Plan' project to develop tools for assessing policy instruments on waste management using the EMEC general equilibrium model.
- Royal Institute of Technology (KTH)minorAcademic partner in the waste management policy project, contributing technical expertise to the soft-linking of EMEC and TIMES-Sweden energy systems models.
- Swedish Energy AgencyminorFunded the research project 'Energy system modelling and linkages between different modelling perspectives' developing methodology for linking EMEC and TIMES-Sweden models.
- Göteborg UniversityminorAcademic partner in the waste management policy project developing the EMEC model for consistent descriptions of waste management system interaction with the Swedish economy.
- Luleå UniversityminorAcademic partner in the waste management policy project contributing to development of tools for assessing policy instruments.
- Lund UniversityminorAcademic partner in the waste management policy project contributing research expertise to environmental policy instrument evaluation.
- European Commission (EU/DG2)coreNIER conducts monthly business tendency surveys harmonized with EU guidelines in collaboration with EU/DG2. All EU member states conduct comparable monthly surveys using harmonized methodology.
Scale indicators4 records
Recent moves1 record
Expansion highlights5 records
National Institute of Economic Research competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Customer concentration
National Institute of Economic Research social profiles
Digital presenceNational Institute of Economic Research compliance and trust
Trust signalCompliance3 records
National Institute of Economic Research financial estimates
Financial estimateRevenue estimate
Valuation estimate
National Institute of Economic Research leadership team
Management profileNumber of profiles
Profiles8 records
National Institute of Economic Research funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
National Institute of Economic Research M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about National Institute of Economic Research
What does National Institute of Economic Research do?
National Institute of Economic Research (NIER) is a Swedish government agency that produces independent macroeconomic forecasts and analyses for the Swedish and international economy. Its core deliverables are the quarterly Konjunkturläget (Swedish Economy Report) covering 1-2 year short-term and 5-year medium-term forecasts, and the monthly Konjunkturbarometern (Economic Tendency Survey) drawing on responses from approximately 5,800 firms and households. These are supported by open forecast and statistical databases (Prognosdatabasen and Statistikdatabasen) with public API access, environmental economics analyses, long-term scenarios, wage formation reports, occasional studies, and working papers.
Is National Institute of Economic Research a public or private company?
National Institute of Economic Research is a private company. It is classified as state government owned and is currently operating.
When was National Institute of Economic Research founded?
National Institute of Economic Research was founded in 1937. It employs 51 to 100 people.
Where is National Institute of Economic Research based?
National Institute of Economic Research is headquartered in Stockholm, Sweden, in the Europe region.
How does National Institute of Economic Research make money?
One revenue line is on record: government Appropriation.
Does National Institute of Economic Research have an API?
Yes. The National Institute of Economic Research provides a public API for both the Forecast Database (prognos.konj.se) and the Statistical Database (statistik.konj.se). The API allows users to write scripts or applications that automatically retrieve updated data from the databases. Users can specify variables, time periods, or data formats. The API supports automated data retrieval for integration into analytical environments such as Jupyter Notebook, RStudio, or Microsoft Excel via Power Query. Example code is available in Python and R demonstrating how to connect to the API, retrieve datasets, and import them into workspaces. Data can be exported to formats including JSON-stat, text files, and Excel files. Developer documentation is at prognos.konj.se/PXWeb/pxweb/sv.