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Sweden
Fact
Sheet :
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Area : 449,964
sq km
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Population : 9,031,088 (July 2007 est.)
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Capital :
Stockholm
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Language :
Swedish
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Currency : Swedish
krona (SEK)
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Government type : constitutional
monarchy
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Elements of History :
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.
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