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Economy

Agricultural products (Agriculture-products) [time series]

grains, sugar beets, potatoes; meat, milk

Budget [time series]

revenues: $109.4 billion expenditures: $146.1 billion, including capital expenditures of $NA (FY95/96)

Exchange rates (Currency) [time series]

1 Swedish krona (SKr) = 100 oere

Debt - external (Debt-external) [time series]

$66.5 billion (1994)

Economic aid [time series]

donor: ODA, $1.769 billion (1993)

Economic overview (Economy-overview) [time series]

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. Privately owned firms account for about 90% of industrial output, of which the engineering sector accounts for 50% of output and exports. Agriculture accounts for only 2% of GDP and 2% of the jobs. In recent years, however, this extraordinarily favorable picture has been clouded by budgetary difficulties, inflation, high unemployment, and a gradual loss of competitiveness in international markets. To curb the budget deficit and bolster confidence in the economy, the government adopted an adjustment program in November 1994 that aims to eliminate the government budget deficit and to stabilize the debt to GDP ratio. Sweden has harmonized its economic policies with those of the EU, which it joined at the start of 1995. Sweden has decided not to join the EMU (European Monetary Union). Annual GDP growth should edge up to 2.5% in 1998-99.

Electricity - capacity (Electricity-capacity) [time series]

35.462 million kW (1995)

Electricity - consumption per capita (Electricity-consumption per capita) [time series]

15,996 kWh (1995)

Electricity - production (Electricity-production) [time series]

142.913 billion kWh (1995)

Exchange rates [time series]

Swedish kronor (SKr) per US$1-8.0085 (January 1998), 7.6349 (1997), 6.7060 (1996), 7.1333 (1995), 7.7160 (1994), 7.7834 (1993)

Exports [time series]

total value: $84.5 billion (f.o.b., 1996) commodities: machinery, motor vehicles, paper products, pulp and wood, iron and steel products, chemicals, petroleum and petroleum products partners: EU 59.1% (Germany 13.2%, UK 10.2%, Denmark 6.9%, France 5.1%), Norway 8.1%, Finland 4.8%, US 8.0% (1994)

Fiscal year [time series]

1 January-31 December (Sweden changed its fiscal year from 1 July - 30 June in 1995) Communications

Real GDP (purchasing power parity) (GDP) [time series]

purchasing power parity-$176.2 billion (1997 est.)

GDP - composition, by sector of origin (GDP-composition by sector) [time series]

agriculture: 2% industry: 27% services: 71% (1993)

Real GDP per capita (GDP-per capita) [time series]

purchasing power parity-$19,700 (1997 est.)

Real GDP growth rate (GDP-real growth rate) [time series]

2.1% (1997 est.)

Imports [time series]

total value: $66.6 billion (c.i.f., 1996) commodities: machinery, petroleum and petroleum products, chemicals, motor vehicles, foodstuffs, iron and steel, clothing partners: EU 62.6% (Germany 18.4%, UK 9.5%, Denmark 6.6%, France 5.5%), Finland 6.3%, Norway 6.1%, US 8.5% (1994)

Industrial production growth rate [time series]

2.6% (1996)

Industries [time series]

iron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, motor vehicles

Inflation rate (consumer prices) (Inflation rate-consumer price index) [time series]

2% (1997 est.)

Labor force [time series]

total: 4.552 million (84% unionized, 1992) by occupation: community, social and personal services 38.3%, mining and manufacturing 21.2%, commerce, hotels, and restaurants 14.1%, banking, insurance 9.0%, communications 7.2%, construction 7.0%, agriculture, fishing, and forestry 3.2% (1991)

Broadcast media (Radio broadcast stations) [time series]

AM 5, FM 360 (mostly repeaters), shortwave 0

Radios [time series]

7.272 million (1993 est.)

Telecommunication systems (Telephone system) [time series]

excellent domestic and international facilities; automatic system domestic: coaxial and multiconductor cable carry most voice traffic; parallel microwave radio relay network carries some additional telephone channels international: 5 submarine coaxial cables; satellite earth stations-1 Intelsat (Atlantic Ocean), 1 Eutelsat, and 1 Inmarsat (Atlantic and Indian Ocean regions); note - Sweden shares the Inmarsat earth station with the other Nordic countries (Denmark, Finland, Iceland, and Norway)

Telephones - fixed lines (Telephones) [time series]

13 million (1996 est.)

Broadcast media (Television broadcast stations) [time series]

880 (mostly repeaters)

Televisions [time series]

3.5 million

Unemployment rate [time series]

6.6% plus about 5% in training programs (1997 est.)

Geography

Area [time series]

total: 449,964 sq km land: 410,928 sq km water: 39,036 sq km

Area - comparative (Area-comparative) [time series]

slightly larger than California

Climate [time series]

temperate in south with cold, cloudy winters and cool, partly cloudy summers; subarctic in north

Coastline [time series]

3,218 km

Elevation (Elevation extremes) [time series]

lowest point: Baltic Sea 0 m highest point: Kebnekaise 2,111 m

Environment - current issues (Environment-current issues) [time series]

acid rain damaging soils and lakes; pollution of the North Sea and the Baltic Sea

International environmental agreements (Environment-international agreements) [time series]

party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulphur 85, Air Pollution-Sulphur 94, Air Pollution-Volatile Organic Compounds, Antarctic-Environmental Protocol, Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands signed, but not ratified: none of the selected agreements

Geographic coordinates [time series]

62 00 N, 15 00 E

Geography - note (Geography-note) [time series]

strategic location along Danish Straits linking Baltic and North Seas

Irrigated land [time series]

1,150 sq km (1993 est.)

Land boundaries [time series]

total: 2,205 km border countries: Finland 586 km, Norway 1,619 km

Land use [time series]

arable land: 7% permanent crops: 0% permanent pastures: 1% forests and woodland: 68% other: 24% (1993 est.)

Location [time series]

Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, Kattegat, and Skagerrak, between Finland and Norway

Map references [time series]

Europe

Maritime claims [time series]

continental shelf: 200-m depth or to the depth of exploitation exclusive economic zone: agreed boundaries or midlines territorial sea: 12 nm (adjustments made to return a portion of straits to high seas)

Natural hazards [time series]

ice floes in the surrounding waters, especially in the Gulf of Bothnia, can interfere with maritime traffic

Natural resources [time series]

zinc, iron ore, lead, copper, silver, timber, uranium, hydropower potential

Terrain [time series]

mostly flat or gently rolling lowlands; mountains in west

Government

Administrative divisions [time series]

24 provinces (lan, singular and plural); Alvsborgs Lan, Blekinge Lan, Gavleborgs Lan, Goteborgs och Bohus Lan, Gotlands Lan, Hallands Lan, Jamtlands Lan, Jonkopings Lan, Kalmar Lan, Kopparbergs Lan, Kristianstads Lan, Kronobergs Lan, Malmohus Lan, Norrbottens Lan, Orebro Lan, Ostergotlands Lan, Skaraborgs Lan, Sodermanlands Lan, Stockholms Lan, Uppsala Lan, Varmlands Lan, Vasterbottens Lan, Vasternorrlands Lan, Vastmanlands Lan

Constitution [time series]

1 January 1975

Country name [time series]

conventional long form: Kingdom of Sweden conventional short form: Sweden local long form: Konungariket Sverige local short form: Sverige

Data code [time series]

Diplomatic representation from the US [time series]

chief of mission: Ambassador Lyndon Lowell OLSON, Jr. embassy: Strandvagen 101, S-115 89 Stockholm mailing address: use embassy street address telephone: [46] (8) 783 53 00

Diplomatic representation in the US [time series]

chief of mission: Ambassador Rolf EKEUS chancery: 1501 M Street NW, Washington, DC 20005-1702 telephone: [1] (202) 467-2600

Executive branch [time series]

chief of state: King CARL XVI GUSTAF (since 19 September 1973); Heir Apparent Princess VICTORIA Ingrid Alice Desiree, daughter of the king (born 14 July 1977) head of government: Prime Minister Goran PERSSON (since 21 March 1996) cabinet: Cabinet appointed by the prime minister elections: the king is a constitutional monarch; prime minister elected by the Parliament; election last held NA March 1996 (next to be held NA 1998) election results: Goran PERSSON elected prime minister; percent of parliamentary vote - 183 votes out of 349

Diplomatic representation in the US (FAX) [time series]

[1] (202) 467-2699 consulate(s) general: New York

Diplomatic representation in the US (FAX) [time series]

[46] (8) 661 19 64

Flag (Flag description) [time series]

blue with a yellow cross that extends to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag)

Government type [time series]

constitutional monarchy

Independence [time series]

6 June 1523, Gustav VASA was elected king; 6 June 1809, a constitutional monarchy was established

International organization participation [time series]

AfDB, AG (observer), AsDB, Australia Group, BIS, CBSS, CCC, CE, CERN, EAPC, EBRD, ECE, EIB, ESA, EU, FAO, G- 6, G- 8, G- 9, G-10, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, MINUGUA, MONUA, MTCR, NAM (guest), NC, NEA, NIB, NSG, OECD, OSCE, PCA, PFP, UN, UN Security Council (temporary), UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNMIBH, UNMOGIP, UNMOP, UNOMIG, UNPREDEP, UNTSO, UPU, WEU (observer), WFTU, WHO, WIPO, WMO, WTrO, ZC

Judicial branch [time series]

Supreme Court or Hogsta Domstolen, judges are appointed by the government (prime minister and cabinet)

Legal system [time series]

civil law system influenced by customary law; accepts compulsory ICJ jurisdiction, with reservations

Legislative branch [time series]

unicameral Parliament or Riksdag (349 seats; members are elected by popular vote on a proportional representation basis to serve four-year terms) elections: last held 18 September 1994 (next to be held 20 September 1998) election results: percent of vote by party-Social Democrats 45.4%, Moderate Party (Conservatives) 22.3%, Center Party 7.7%, Liberals 7.2%, Left Party 6.2%, Greens 5.8%, Christian Democrats 4.1%, New Democracy Party 1.2%; seats by party-Social Democrats 162, Moderate Party (Conservatives) 80, Center Party 27, Liberals 26, Left Party 22, Greens 18, Christian Democrats 14; note-the New Democracy Party did not receive a seat because parties require a minimum of 4.0% of votes for a seat in parliament

Capital (National capital) [time series]

Stockholm

National holiday [time series]

Day of the Swedish Flag, 6 June

Political parties (Political parties and leaders) [time series]

Social Democratic Party [Goran PERSSON]; Moderate Party (conservative) [Carl BILDT]; Liberal People's Party [Maria LEISSNER]; Center Party; Christian Democratic Party [Alf SVENSSON]; New Democracy Party [Vivianne FRANZEN]; Left Party or VP (Communist) [Gudrun SCHYMAN]; Communist Workers' Party [Rolf HAGEL]; Green Party [no formal leader but party spokesperson is Briger SCHLAUG]

Suffrage [time series]

18 years of age; universal

Military

Military and security forces (Military branches) [time series]

Swedish Army, Royal Swedish Navy, Swedish Air Force

Military expenditures - dollar figure (Military expenditures-dollar figure) [time series]

$5.8 billion (FY94/95)

Military expenditures (Military expenditures-percent of GDP) [time series]

2.5% (FY94/95)

Military manpower - availability (Military manpower-availability) [time series]

males age 15-49: 2,088,061 (1998 est.)

Military manpower - fit for military service (Military manpower-fit for military service) [time series]

males: 1,827,336 (1998 est.)

Military manpower - military age (Military manpower-military age) [time series]

19 years of age

Military manpower - reaching military age annually (Military manpower-reaching military age annually) [time series]

males: 52,208 (1998 est.)

People

Age structure [time series]

0-14 years: 19% (male 852,520; female 808,600) 15-64 years: 64% (male 2,885,783; female 2,792,964) 65 years and over: 17% (male 653,631; female 893,240) (July 1998 est.)

Birth rate [time series]

11.7 births/1,000 population (1998 est.)

Death rate [time series]

10.78 deaths/1,000 population (1998 est.)

Ethnic groups [time series]

white, Lapp (Sami), foreign-born or first-generation immigrants 12% (Finns, Yugoslavs, Danes, Norwegians, Greeks, Turks)

Infant mortality rate [time series]

3.93 deaths/1,000 live births (1998 est.)

Languages [time series]

Swedish note: small Lapp- and Finnish-speaking minorities

Life expectancy at birth [time series]

total population: 79.19 years male: 76.52 years female: 82 years (1998 est.)

Literacy [time series]

definition: age 15 and over can read and write total population: 99% (1979 est.) male: NA% female: NA%

Nationality [time series]

noun: Swede(s) adjective: Swedish

Net migration rate [time series]

1.69 migrant(s)/1,000 population (1998 est.)

Population [time series]

8,886,738 (July 1998 est.)

Population growth rate [time series]

0.26% (1998 est.)

Religions [time series]

Evangelical Lutheran 94%, Roman Catholic 1.5%, Pentecostal 1%, other 3.5% (1987)

Sex ratio [time series]

at birth: 1.05 male(s)/female under 15 years: 1.05 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.73 male(s)/female (1998 est.)

Total fertility rate [time series]

1.76 children born/woman (1998 est.)

Transnational Issues

Disputes - international (Disputes-international) [time series]

none

Illicit drugs [time series]

minor transshipment point for and consumer of narcotics shipped via the CIS and Baltic states; increasing consumer of European amphetamines SWITZERLAND

Transportation

Airports [time series]

255 (1997 est.)

Airports - with paved runways (Airports-with paved runways) [time series]

total: 145 over 3,047 m: 2 2,438 to 3,047 m: 9 1,524 to 2,437 m: 83 914 to 1,523 m: 27 under 914 m: 24 (1997 est.)

Airports - with unpaved runways (Airports-with unpaved runways) [time series]

total: 110 914 to 1,523 m: 5 under 914 m: 105 (1997 est.)

Heliports [time series]

1 (1997 est.)

Roadways (Highways) [time series]

total: 138,000 km paved: 105,018 km (including 1,330 km of expressways) unpaved: 32,982 km (1996 est.)

Merchant marine [time series]

total: 164 ships (1,000 GRT or over) totaling 2,036,831 GRT/1,919,367 DWT ships by type: bulk 7, cargo 33, chemical tanker 27, combination ore/oil 1, liquefied gas tanker 1, oil tanker 29, railcar carrier 1, refrigerated cargo 1, roll-on/roll-off cargo 41, short-sea passenger 7, specialized tanker 4, vehicle carrier 12 (1997 est.)

Pipelines [time series]

natural gas 84 km

Ports (Ports and harbors) [time series]

Gavle, Goteborg, Halmstad, Helsingborg, Hudiksvall, Kalmar, Karlshamn, Malmo, Solvesborg, Stockholm, Sundsvall

Railways [time series]

total: 11,837 km (includes 1,955 km of privately-owned railways) standard gauge: 11,837 km 1.435-m gauge (7,317 km electrified and 1,152 km double track) (1996)

Waterways [time series]

2,052 km navigable for small steamers and barges