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
| 21 May 26 |
Sweden: Vattenfall inaugurates Bruzaholm wind farm Vattenfall has inaugurated the onshore wind farm Bruzaholm onshore wind farm – an important addition of fossil-free electricity production for the electrification and competitiveness of industry in southern Sweden, as well as for households and businesses in the region. Vattenfall has signed a long-term power purchase agreement with AB Volvo, where approx. 50 per cent of the production from Bruzaholm has been allocated. |
| 11 May 26 |
Sweden: Hexicon acquires the remaining shares in Mareld Green Energy and becomes sole owner Hexicon has entered into an agreement to acquire the remaining 50 percent of the shares in Mareld Green Energy from its joint venture partner Mainstream Renewable Power. Following the transaction, Hexicon will own 100 per cent of Mareld Green Energy. Through the acquisition, Hexicon will take full ownership and control of Mareld, a strategically important project in the company’s Swedish offshore wind portfolio. |
| 01 Apr 26 |
RWE sold its Swedish wind activities to Aneo RWE and Aneo, a Nordic renewables player, have successfully closed the transaction they announced in January. As agreed, Aneo has acquired RWE’s former Swedish wind activities. |
| 16 Mar 26 |
Sweden: Green Power Sweden reports continued downward trend in permits for new wind power Only three wind power projects, totaling twelve wind turbines, received final permits in 2025, according to a new report from the industry organization Green Power Sweden. Sweden needs significantly more to ensure that the expansion is in line with the Swedish Energy Agency's scenarios. |
| 03 Feb 26 |
Sweden: Nordex Group secures 189 MW order from OX2 in Sweden The Nordex Group has received a new order from the Swedish renewable energy company OX2 for the supply and installation of wind turbines for the Fageråsen Wind Farm in Sweden. |
Sweden - more news
Other countries in this region
- Afghanistan,
- Albania,
- Armenia,
- Austria,
- Azerbaijan,
- Belarus,
- Belgium,
- Bosnia and Herzegovina,
- Bulgaria,
- Croatia,
- Cyprus,
- Czech Republic,
- Denmark,
- Estonia,
- Faroe Islands,
- Finland,
- France,
- Georgia,
- Germany,
- Greece,
- Greenland,
- Hungary,
- Iceland,
- Ireland,
- Italy,
- Kazakhstan,
- Kyrgyzstan,
- Latvia,
- Lithuania,
- Luxembourg,
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- Netherlands,
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- Spain,
- Switzerland,
- Tajikistan,
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- Turkey,
- Turkmenistan,
- Ukraine,
- United Kingdom,
- Uzbekistan
