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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 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

22 Apr 24
Sweden: European Energy starts construction of Sweden’s first large-scale hybrid wind and solar farm
European Energy has started constructing Sweden’s first large-scale hybrid park in Skåramåla in the municipality of Tingsryd, where the existing wind farm is supplemented by a solar park. By co-locating the plants, the land is used more optimally, and the electricity can be fed out via the same grid connection.
28 Mar 24
Sweden: Eolus has made investment decision for three onshore wind power projects in Sweden
Eolus has made an investment decision for the wind power projects Fågelås, Boarp and Dållebo in Sweden totaling 88 MW. A turbine supply agreement has been signed with Vestas and construction will start immediately.
27 Mar 24
Sweden: Nordex Group receives 98 MW order from Sweden
The Nordex Group has received an order from Holmen Energi for 98 MW in Sweden. n summer 2025, the Nordex Group will supply and install 14 N163/6.X turbines for the Blisterliden wind farm in a forested area in the county of Västerbotten in the Northern of Sweden.
06 Mar 24
Sweden: Vattenfall and Borealis sign their first long-term hydropower PPA in Sweden
Vattenfall and Borealis, one of the world’s leading providers of advanced and sustainable polyolefins solutions and a European front-runner in polyolefins recycling, have signed their first long-term renewable hydropower purchase agreement (PPA).
26 Feb 24
Sweden: Eolus submits application for offshore wind project outside the coast of Blekinge
The Blekinge Offshore wind farm, located within the municipalities of Karlshamn and Sölvesborg, comprises up to 70 wind turbines with a production of approx. 4.3 TWh of renewable electricity per year. This represents a significant addition for southern Sweden and the Blekinge Region, which sees offshore wind power as an opportunity to increase self-sufficiency in electricity at competitive prices.

Sweden - more news

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