Europe: Sweden

About Sweden

A military power during the 17th century, Sweden has not participated in any war in almost two centuries. An armed neutrality was preserved in both World Wars. Sweden's long-successful economic formula of a capitalist system interlarded with substantial welfare elements has recently been undermined by high unemployment, rising maintenance costs, and a declining position in world markets. Indecision over the country's role in the political and economic integration of Europe caused Sweden not to join the EU until 1995, and to forgo the introduction of the euro in 1999.

Vital Statistics
Capitol City: Stockholm
Population: 8,875,053 (July 2001 est.)
Percent below poverty: NA%
Language: Swedish , small Lapp- and Finnish-speaking minorities
Date of independence: 6 June 1523 (Gustav VASA elected ki
Form of government: constitutional monarchy
Title of Leader: King
Natural Resources: zinc, iron ore, lead, copper, silver, timber, uranium, hydropower
Environmental Issues: acid rain damaging soils and lakes; pollution of the North Sea and the Baltic Sea
Agricultural Products: grains, sugar beets, potatoes; meat, milk
Imports: machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs, clothing
Exports: machinery 35%, motor vehicles, paper products, pulp and wood, iron and steel products, chemicals
Trading Partners: IMPORTS: EU 67% (Germany 18%, UK 10%, Denmark 7%, France 6%), Norway 8%, US 6% (1999)
EXPORTS: EU 55% (Germany 11%, UK 10%, Denmark 6%, Finland 5%, France 5%), US 9%, Norway 8% (1999)


Sweden Headlines


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