Country Sheet : Sweden

Information file

Last Update on 20th July 2026

SWEDEN

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In English - version of 20th July 2026

Geography

Area : 450,295 km²

Borders : 2,233 km (Finland 614 km, Norway 1,619 km)

Coastline : 3,218 km

Capital : Stockholm

Official language : Swedish, Finnish

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Population

Population : 10,587,710 inhabitants (2025)

Crude natural change rate : 0.7‰ (2024)

Population repartition: 16.8% under 15 years old, 20.8% over 65 years old (2024)

Foreign residents: EU nationals 3%, non-EU nationals 5.8% (2019)

Crude net migration rate: 2.7‰ (2024)

First time asylum applicants: 8,485 (2024)

Life expectancy: men 82.3 years, women 85.3 years (2024)

Religions: Church of Sweden (lutheran) 57.6%, others (mostly Roman Catholic, Orthodox, Baptist, Muslim, Jew, and Buddhist) 8.9%, no religion or unspecified 33.5% (est. 2019)

Ethnic groups: Swedish 80.3%, Syrian 1.9%, Iraqi 1.4%, Finnish 1.4%, others 15% (2020)

Source : Eurostat, The CIA World Factbook

Economy

Currency: Swedish Crown (SEK) (exchange rate in December 2025: 1€ = 10,98 SEK)

GDP: € 593,698 million (2025)

GDP per capita (PPS): € 48,300 (2024)

GDP growth : 1.5% (Q3 2025)

Inflation: -0.1% (April 2026)

Public debt: 35.10% of GDP (Q4 2025)

Unemployment: 9.2% (April 2026)

Stock of foreign direct investment from the entire world: 73.5% of GDP (2024)

Budget balance: -1.30% of GDP (Q4 2025)

Source : Eurostat, OECD

Political system

Constitutional monarchy, parliamentary democracy:

Head of State: Carl Gustaf XVI since 15th July 1973

Prime Minister: Ulf Kristersson (Moderates) since 17th October 2022. Following the victory of the right-wing coalition in the parliamentary elections on 11th September 2022, he leads a government with the Christian Democrats and the Liberals.

The parliament is unicameral: The Riksdag (the Chamber of Deputies) comprises 349 members elected for four years by direct universal suffrage.