| Attribute | Value |
|---|---|
| Geography | |
| Area | 450,295 km² |
| Continent | Europe |
| Land area | 410,335 km² |
| Water area | 39,960 km² |
| Land boundaries | 2,211 km |
| Border countries |
|
| Coastline | 3,218 km |
| Mean elevation | 320 m |
| Lowest point | -2 m |
| Highest point | 2,111 m |
| People | |
| Population | 10,202,491 |
| Official languages |
|
| Religion | Church of Sweden |
| Government | |
| Long country name | Kingdom of Sweden |
| Short country name | Sweden |
| Long local name | Konungariket Sverige |
| Short local name | Sverige |
| Former name | Add |
| Government type | Parliamentary constitutional monarchy |
| Capital | Stockholm |
| Economy | |
| GDP (PPP) | 518,000,000,000 USD |
| GDP (OER) | 535,600,000,000 USD |
| GDP (real growth rate) | 2.1 % |
| GDP - per capita (PPP) | 51,200 USD |
| Gross national saving | 28.9 % of GDP |
| Labor force | 5,361,000 |
| Unemployment rate | 6.7 % |
| Population below poverty line | 15 % |
| Budget revenues | 271,200,000,000 USD |
| Budget expenditures | 264,400,000,000 USD |
| Military expenditures | 1.04 % of GDP |
| Taxes and other revenues | 50.6 % of GDP |
| Budget surplus or deficit | 1.3 % of GDP |
| Public debt | 40.8 % of GDP |
| Inflation rate | 1.9 % |
| Central bank discount rate | -0.5 % |
| Commercial bank prime lending rate | 1.93 % |
| Stock of narrow money | 329,200,000,000 USD |
| Stock of broad money | 329,200,000,000 USD |
| Stock of domestic credit | 929,100,000,000 USD |
| Market value of publicly traded shares | 560,500,000,000 USD |
| Current account balance | 17,790,000,000 USD |
| Exports | 165,600,000,000 USD |
| Imports | 153,200,000,000 USD |
| Reserves of foreign exchange and gold | 62,220,000,000 USD |
| External debt | 939,900,000,000 USD |
| National currency | Swedish kronor |
| National currency (code) | SEK |
| National currency (symbol) | kr |
| National currency rate to USD | 8.442 |
A military power during the 17th century, Sweden has not participated in any war for two centuries. An armed neutrality was preserved in both World Wars. Since then, Sweden has pursued a successful economic formula consisting of a capitalist system intermixed with substantial welfare elements. Sweden joined the EU in 1995, but the public rejected the introduction of the euro in a 2003 referendum. The share of Sweden’s population born abroad increased from 11.3% in 2000 to 19.1% in 2018.