Sweden FlagSweden

For Sweden, With The Times.

 

General


Population: 9,723,809 (2014), 9,119,423 (2013)
Land Area: 449,964 sq km
Natural Resources: Iron ore, copper, lead, zinc, gold, silver, tungsten, uranium, arsenic, feldspar, timber, hydro power
Capital: Stockholm
Political System: Constitutional Monarchy
State Leader: Karl XVI Gustav (September 19th 1973)
Head of Government: Stefan Lofven (October 3rd 2014)
Languages: Swedish, Sami, Finnish
Currency: Swedish Krona (SEK)
Major Religions: Lutheran 87%, Other 13%
Major Ethnicities: Swedes, Finnish, Sami, Other
Life Expectancy: 81.89 years (2014), 81.28 years (2013)

Economy


GDP Official Exchange Rate: 552 billion (2013), 526.2 billion (2012)
GDP Purchasing Power Parity: 393.8 billion (2013), 399.4 billion (2012)
GDP Per Capita (PPP): 40,900 (2013), 41,900 (2012)
GDP Growth Rate: 0.9% (2013), 1.2% (2012)
GDP Structure: Agriculture 2%, Industry 31.3%, Services 66.8% (2013)
Labour Force By Occupation: Agriculture 1.1%, Industry 28.2%, Services 70.7% (2008)
Industries: Iron and steel, precision equipment, wood pulp and paper products, processed foods, motor vehicles
Agriculture Products: Barley, wheat, sugar beets; meat, milk
Human Development Index: 0.898 (12th)(2014), 0.916 (7th)(2013)
Tourism Revenue: 4.23 billion (2002)
Unemployment Rate: 8.1% (2013), 8% (2012)

MilitarySweden Map


Army Size: 27 600 (2004)
Budget: 1.5% of GDP (2005)

Current Situation

 

Sweden is located in Northern Europe. It is bordered by Denmark, Finland and Norway. Sweden's economy is very developed country, with a very strong market economy. Sweden is a large of natural resources, manufactured products such as automobiles and telecommunications equipment and services. Sweden has several multi national companies. Surprisingly, state owned companies in Sweden are relatively unimportant and all the large companies are privately held.

(2014) Sweden's growth like other members of the European Union has been tepid at best for the past few years, however it has avoided a contraction and is expected to pick up in 2014.

Thoughts & Comments

 

Sources

CIA World Factbook: Sweden
The Economist: The World In 2014
Wikipedia: Sweden
http://hdrstats.undp.org/en/countries/profiles/SWE.html

Updated on: December 27th, 2014