Europe / Caspian / CIS
Country profile: Sweden
| Location: | Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, Kattegat, and Skagerrak, between Finland and Norway |
| Climate: | temperate in south with cold, cloudy winters and cool, partly cloudy summers; subarctic in north |
| Terrain: | mostly flat or gently rolling lowlands; mountains in west |
| Size: | 449964 sq. km total (Land area: 410934 sq. km Water area: 39030 sq.km) |
| Population: | 9,045,389 (July 2008 est.) |
| Languages: | Swedish, small Sami- and Finnish-speaking minorities |
| Government: | constitutional monarchy |
| Capital city: | Stockholm |
| Legal system: | civil law system influenced by customary law; accepts compulsory ICJ jurisdiction with reservations |
| Currency: | Swedish krona (SEK) |
| Licensing: |
Country profile
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 was challenged in the 1990s by high unemployment and in 2000-02 by the global economic downturn, but fiscal discipline over the past several years has allowed the country to weather economic vagaries.
Sweden joined the EU in 1995, but the public rejected the introduction of the euro in a 2003 referendum.
Energy production and consumption
| Oil | Gas | |
| Production: | 2,350 bbl/day (2005 est.) | |
| Consumption: | 363,200 bbl/day (2005 est.) | 893 million cu m (2005 est.) |
| Exports: | 231,100 bbl/day (2005 est.) | |
| Imports: | 580,600 bbl/day (2005 est.) | 893 million cu m (2005 est.) |
| Reserves: | NaN | |
| Major fields: |
Sweden - recent news
| 20 Nov 25 |
Sweden: RWE supplies power under long term wind offtake agreement to Carlsberg Sweden’s brewery in Falkenberg RWE, a global leader in renewable energy, has signed an eight-year power purchase agreement (PPA) with Carlsberg Sverige, one of Sweden’s largest beverage companies. Under the terms of the agreement, Carlsberg will source electricity produced from the nearby Örken onshore wind farm to power its brewery in Falkenberg, Halland. |
| 18 Nov 25 |
Modvion enters Grant Agreement Preparation for €39 million grant from the EU Innovation Fund The Swedish wood technology company Modvion has been selected by the European Commission to enter Grant Agreement Preparation by the Innovation Fund. The grant of up to €39.1 million will be used to establish series production for wooden wind turbine towers. |
| 11 Nov 25 |
Sweden: Vattenfall and Industrikraft sign agreement for new nuclear power in Sweden Vattenfall and the industrial consortium Industrikraft have signed an agreement for joint investment and collaboration that enables the next step in the development of new nuclear power in Sweden. |
| 09 Nov 25 |
Sweden is supporting international climate transition Sweden’s key messages for global climate action are urgency based on science to increase the pace of work and opportunities in the form of improved competitiveness, new jobs and growth, as well as innovation and development. Sweden is also one of the world’s most generous international climate finance donors, which contributes to both emissions reduction and climate adaptation. |
| 29 Oct 25 |
Sweden: Vattenfall orders the world's first fossil-free steel dam gate from SSAB Vattenfall and SSAB have signed a new agreement for the delivery of 120 tonnes of fossil-free steel for what will be the world's first fossil-free dam gate. The dam gate will be the largest steel component ever produced with near-zero fossil carbon dioxide emissions in the iron production. It will be installed in Vattenfall's hydropower station in Stornorrfors, Sweden, in 2028. |
Sweden - more news
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