By Spencer Morrison, National Economics Editorial:
Sweden’s 318,000 “Syrian” refugees, or migrants, will cost the country a bare minimum of $32.7 billion USD in 2017.
That’s 33% of Sweden’s central government’s annual budget, and 5.5% of their GDP—imagine if the US spent $1 trillion on refugees, same proportions.
That’s just over $102,000 per refugee per year. For reference, the average annual income in Sweden is $41,000 a year.
Of this, $8.7 billion are the hidden costs of the migrant crime epidemic—which the government refuses to publicize.
Furthermore, migrants are not contributing to Sweden’s economy—of those refugees that came in 2015, only 500 have jobs.
Calculating the Cost of Sweden’s Syrian Refugees
Let’s look at the facts.
Since 2013, Sweden has been deluged by 318,000 total migrants—lots of people, given there are only 10 million people in Sweden (2 million of which are immigrants).
Furthermore, due to public pressure, the government has stated it intends to deport some 80,000 migrants.
To read the rest of the article visit the National Economics Editorial.
