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Summary | Profile

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
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)

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

28 Sep 23
Sweden: Vestas wins 147 MW order in Sweden
Vestas has received a firm order from SR Energy for the Horshaga wind park in Uppvidinge municipality, southern Sweden.
26 Jul 23
Sweden: Saipem and Stockholm Exergi sign Letter of Intent for a large-scale CO2 capture project in Sweden
Saipem, a leading company in the engineering, drilling and construction of major projects in the energy and infrastructure sectors, and Stockholm Exergi, the district of Stockholm’s energy company, have signed a Letter of Intent for a large-scale CO2 capture plant to be installed at Stockholm Exergi’s existing bio-cogeneration plant located in the Swedish capital.
26 Jun 23
Sweden: Aker Carbon Capture awarded study by Soderenergi in Sweden
Aker Carbon Capture has been awarded an integration feasibility study by Söderenergi, one of Sweden's largest district heating producers, to implement carbon capture at Igelstaverket in Södertälje. Located around 30 km from Stockholm, Igelstaverket is Sweden's second largest biomass combined heat and power plant.
30 May 23
Sweden: Carbon Clean awards KBR design contract for FlagshipONE project
Leading carbon capture solutions provider, Carbon Clean, has announced the award of a new contract to global engineering experts, KBR, for the detailed design of a carbon capture plant for Ørsted's FlagshipONE project in Sweden.
26 Apr 23
Sweden: Magnora's Helios Nordic Energy signs new deals with Nordic Solar
Magnora has announced that its portfolio company Helios Nordic Energy is continuing its good cooperation with Nordic Solar, a Danish solar energy company which develops, builds and operates solar parks in 12 European countries. On 26 April, Helios signed an agreement with Nordic Solar to deliver two more solar parks.

Sweden - more news

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