Konungariket Sverige
      (Kingdom of Sweden)

      Name ultimately derives from the North Germanic Svear tribe, which inhabited central Sweden and is first mentioned in the first centuries A.D.

      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.

      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 and again in a 2003 referendum.

      Chief of State: King Carl XVI Gustaf (since 19 September 1973); Heir Apparent Princess Victoria Ingrid Alice Desiree, daughter of the monarch (born 14 July 1977).

      Head of government: Prime Minister Stefan Lofven (since 3 October 2014); Deputy Prime Minister Isabella Lovin (since 25 May 2016).

      National Day (6 June; formerly celebrated as Swedish Flag Day) is the National holiday.

      Capital of Sweden is Stockholm.

      Location: Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, Kattegat, and Skagerrak, between Finland and Norway.
      The area is approximately 449,964 sq km (410,934 sq km land. 39,030 sq km water). Terrain is mostly flat to gently rolling lowlands. Mountains in west. Natural hazards are the ice floes in the surrounding waters, especially in the Gulf of Bothnia, which can interfere with maritime traffic. Climate is temperate in south with cold, cloudy winters and cool, partly cloudy summers. Subarctic in north.

      Population: About 9,880,604 people live in Sweden.
      An indigenous population: Swedes with Finnish and Sami minorities. Ethnic groups also include foreign-born or first-generation immigrants: Finns, Yugoslavs, Danes, Norwegians, Greeks, Turks. Main language spoken is Swedish. Also, Sami and Finnish-speaking minorities.

      Religions: Lutheran, Roman Catholic, Jewish, Orthodox, Baptist, Muslim, and Buddhist.

      Agriculture: Products include barley, wheat, sugar beets; meat, and milk.

      Exports (commodities): Products include machinery, motor vehicles, paper, pulp and wood, iron and steel, and chemicals.

      Economy: Aided by peace and neutrality for the whole twentieth century, Sweden has achieved an enviable standard of living under a mixed system of high-tech capitalism and extensive welfare benefits. It has a modern distribution system, excellent internal and external communications, and a skilled labor force. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade.

      Despite strong finances and underlying fundamentals, the Swedish economy slid into recession in the third quarter of 2008 and the contraction continued in 2009 as deteriorating global conditions reduced export demand and consumption. Strong exports of commodities and a return to profitability by Sweden's banking sector drove a rebound in 2010, but growth slipped in 2013, as a result of continued economic weakness in the EU - Sweden's main export market.

      Currency: Swedish krona (SEK).

      Sweden's flag shall take you back

      Source~The World Factbook

      This page was last updated on 02 February, 2018