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The Swedish central bank (the Riksbank) is focusing on price stability with an inflation target of 2% for 2002. The population is largely homogeneous, although there are Finnish and Sami minorities and 10% of the inhabitants are immigrants or their descendents. Religions: Church of Sweden (Lutheran), Islam, Roman Catholicism, Pentacostalism. Svealand has undulating glacial ridges and contains most of the country's 90,000 lakes.GDP: purchasing power parity - 9 billion (2001 est.) GDP - real growth rate: 1.6% (2001 est.) GDP - per capita: purchasing power parity - ,700 (2001 est.) GDP - composition by sector: agriculture: 2% industry: 28.7% services: 69.3% (2000) Population below poverty line: NA% Household income or consumption by lowest 10%: 3.7% percentage share: highest 10%: 20.1% (1992) Distribution of family income - Gini 25 (1992) index: Inflation rate (consumer prices): 2.7% (2001 est.) Labor force: 4.4 million (2000 est.) Labor force - by occupation: agriculture 2%, industry 24%, services 74% (2000 est.) Unemployment rate: 3.9% (2001 est.) Budget: revenues: 9 billion expenditures: 0 billion, including capital expenditures of $NA (2001 est.) Industries: iron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, motor vehicles Industrial production growth rate: 4.5% (2001 est.) Electricity - production: 144.621 billion k Wh (2000) Electricity - production by source: fossil fuel: 6.06% hydro: 53.81% other: 2.72% (2000) nuclear: 37.41% Electricity - consumption: 139.176 billion k Wh (2000) Electricity - exports: 13.628 billion k Wh (2000) Electricity - imports: 18.306 billion k Wh (2000) Agriculture - products: barley, wheat, sugar beets; meat, milk Exports: billion (f.o.b., 2001 est.) Exports - commodities: machinery 35%, motor vehicles, paper products, pulp and wood, iron and steel products, chemicals Exports - partners: EU 53.6% (Germany 10.6%, UK 9.1%, Denmark 5.3%, France 5.1%), US 9.5%, Norway 7.5% (2000) Imports: .2 billion (f.o.b., 2001 est.) Imports - commodities: machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs, clothing Imports - partners: EU 60.3% (Germany 16.3%, UK 8.8%, Denmark 6.7%, France 5.6%), Norway 8.2%, US 6.7% (2000) Debt - external: .5 billion (1994) Economic aid - donor: ODA,

The Swedish central bank (the Riksbank) is focusing on price stability with an inflation target of 2% for 2002. The population is largely homogeneous, although there are Finnish and Sami minorities and 10% of the inhabitants are immigrants or their descendents. Religions: Church of Sweden (Lutheran), Islam, Roman Catholicism, Pentacostalism. Svealand has undulating glacial ridges and contains most of the country's 90,000 lakes.GDP: purchasing power parity - $219 billion (2001 est.) GDP - real growth rate: 1.6% (2001 est.) GDP - per capita: purchasing power parity - $24,700 (2001 est.) GDP - composition by sector: agriculture: 2% industry: 28.7% services: 69.3% (2000) Population below poverty line: NA% Household income or consumption by lowest 10%: 3.7% percentage share: highest 10%: 20.1% (1992) Distribution of family income - Gini 25 (1992) index: Inflation rate (consumer prices): 2.7% (2001 est.) Labor force: 4.4 million (2000 est.) Labor force - by occupation: agriculture 2%, industry 24%, services 74% (2000 est.) Unemployment rate: 3.9% (2001 est.) Budget: revenues: $119 billion expenditures: $110 billion, including capital expenditures of $NA (2001 est.) Industries: iron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, motor vehicles Industrial production growth rate: 4.5% (2001 est.) Electricity - production: 144.621 billion k Wh (2000) Electricity - production by source: fossil fuel: 6.06% hydro: 53.81% other: 2.72% (2000) nuclear: 37.41% Electricity - consumption: 139.176 billion k Wh (2000) Electricity - exports: 13.628 billion k Wh (2000) Electricity - imports: 18.306 billion k Wh (2000) Agriculture - products: barley, wheat, sugar beets; meat, milk Exports: $96 billion (f.o.b., 2001 est.) Exports - commodities: machinery 35%, motor vehicles, paper products, pulp and wood, iron and steel products, chemicals Exports - partners: EU 53.6% (Germany 10.6%, UK 9.1%, Denmark 5.3%, France 5.1%), US 9.5%, Norway 7.5% (2000) Imports: $89.2 billion (f.o.b., 2001 est.) Imports - commodities: machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs, clothing Imports - partners: EU 60.3% (Germany 16.3%, UK 8.8%, Denmark 6.7%, France 5.6%), Norway 8.2%, US 6.7% (2000) Debt - external: $66.5 billion (1994) Economic aid - donor: ODA, $1.7 billion (1997) Currency: Swedish krona (SEK) Currency code: SEK Exchange rates: Swedish kronor per US dollar - 10.4381 (January 2002), 10.3291 (2001), 9.1622 (2000), 8.2624 (1999), 7.9499 (1998), 7.6349 (1997) Fiscal year: calendar year Communications Sweden - Telephones - main lines in use: 6.017 million (December 1998) Telephones - mobile cellular: 3.835 million (October 1998) Telephone system: general assessment: excellent domestic and international facilities; automatic system domestic: coaxial and multiconductor cables carry most of the voice traffic; parallel microwave radio relay systems carry some additional telephone channels international: 5 submarine coaxial cables; satellite earth stations - 1 Intelsat (Atlantic Ocean), 1 Eutelsat, and 1 Inmarsat (Atlantic and Indian Ocean regions); note - Sweden shares the Inmarsat earth station with the other Nordic countries (Denmark, Finland, Iceland, and Norway) Radio broadcast stations: AM 1, FM 265, shortwave 1 (1998) Radios: 8.25 million (1997) Television broadcast stations: 169 (plus 1,299 repeaters) (1995) Televisions: 4.6 million (1997) Internet country code: Internet Service Providers (ISPs): 29 (2000) Internet users: 5.64 million (2000) Transportation Sweden - Railways: total: 12,821 km standard gauge: 12,600 km 1.435- m gauge (7,918 km electrified) narrow gauge: 221 km 0.891-m gauge (2001) Highways: total: 210,760 km paved: 162,707 km (including 1,428 km of expressways) unpaved: 48,053 km (1999) Waterways: 2,052 km note: navigable to small steamers and barges Pipelines: natural gas 84 km Ports and harbors: Gavle, Goteborg, Halmstad, Helsingborg, Hudiksvall, Kalmar, Karlshamn, Malmo, Solvesborg, Stockholm, Sundsvall Merchant marine: total: 174 ships (1,000 GRT or over) totaling 2,255,344 GRT/1,609,844 DWT note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 8, Finland 8, Germany 3, Italy 3, Japan 2, Norway 7 (2002 est.) ships by type: bulk 5, cargo 37, chemical tanker 33, combination ore/ oil 4, passenger 1, petroleum tanker 27, railcar carrier 1, roll on/roll off 38, short-sea passenger 4, specialized tanker 6, vehicle carrier 18 Airports: 255 (2001) Airports - with paved runways: total: 147 over 3,047 m: 3 2,438 to 3,047 m: 12 914 to 1,523 m: 27 under 914 m: 25 (2001) 1,524 to 2,437 m: 80 Airports - with unpaved runways: total: 108 914 to 1,523 m: 6 under 914 m: 102 (2001) Heliports: 1 (2001) Military Sweden - Military branches: Army, Royal Navy (including Coast Artillery and Naval Helicopter Service), Air Force Military manpower - military age: 19 years of age (2002 est.) Military manpower - availability: males age 15-49: 2,060,205 (2002 est.) Military manpower - fit for military males age 15-49: 1,800,991 (2002 service: est.) Military manpower - reaching military males: 51,506 (2002 est.) age annually: Military expenditures - dollar $4,395.1 million (FY01) figure: Military expenditures - percent of 2.1% (FY01) GDP: Transnational Issues Sweden - Disputes - international: none * * * Area: 173,732 sq mi (449,964 sq km). Götaland comprises the stony Småland highlands and the rich Skåne plains.

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The Swedish central bank (the Riksbank) is focusing on price stability with an inflation target of 2% for 2002. The population is largely homogeneous, although there are Finnish and Sami minorities and 10% of the inhabitants are immigrants or their descendents. Religions: Church of Sweden (Lutheran), Islam, Roman Catholicism, Pentacostalism. Svealand has undulating glacial ridges and contains most of the country's 90,000 lakes.

GDP: purchasing power parity - $219 billion (2001 est.) GDP - real growth rate: 1.6% (2001 est.) GDP - per capita: purchasing power parity - $24,700 (2001 est.) GDP - composition by sector: agriculture: 2% industry: 28.7% services: 69.3% (2000) Population below poverty line: NA% Household income or consumption by lowest 10%: 3.7% percentage share: highest 10%: 20.1% (1992) Distribution of family income - Gini 25 (1992) index: Inflation rate (consumer prices): 2.7% (2001 est.) Labor force: 4.4 million (2000 est.) Labor force - by occupation: agriculture 2%, industry 24%, services 74% (2000 est.) Unemployment rate: 3.9% (2001 est.) Budget: revenues: $119 billion expenditures: $110 billion, including capital expenditures of $NA (2001 est.) Industries: iron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, motor vehicles Industrial production growth rate: 4.5% (2001 est.) Electricity - production: 144.621 billion k Wh (2000) Electricity - production by source: fossil fuel: 6.06% hydro: 53.81% other: 2.72% (2000) nuclear: 37.41% Electricity - consumption: 139.176 billion k Wh (2000) Electricity - exports: 13.628 billion k Wh (2000) Electricity - imports: 18.306 billion k Wh (2000) Agriculture - products: barley, wheat, sugar beets; meat, milk Exports: $96 billion (f.o.b., 2001 est.) Exports - commodities: machinery 35%, motor vehicles, paper products, pulp and wood, iron and steel products, chemicals Exports - partners: EU 53.6% (Germany 10.6%, UK 9.1%, Denmark 5.3%, France 5.1%), US 9.5%, Norway 7.5% (2000) Imports: $89.2 billion (f.o.b., 2001 est.) Imports - commodities: machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs, clothing Imports - partners: EU 60.3% (Germany 16.3%, UK 8.8%, Denmark 6.7%, France 5.6%), Norway 8.2%, US 6.7% (2000) Debt - external: $66.5 billion (1994) Economic aid - donor: ODA, $1.7 billion (1997) Currency: Swedish krona (SEK) Currency code: SEK Exchange rates: Swedish kronor per US dollar - 10.4381 (January 2002), 10.3291 (2001), 9.1622 (2000), 8.2624 (1999), 7.9499 (1998), 7.6349 (1997) Fiscal year: calendar year Communications Sweden - Telephones - main lines in use: 6.017 million (December 1998) Telephones - mobile cellular: 3.835 million (October 1998) Telephone system: general assessment: excellent domestic and international facilities; automatic system domestic: coaxial and multiconductor cables carry most of the voice traffic; parallel microwave radio relay systems carry some additional telephone channels international: 5 submarine coaxial cables; satellite earth stations - 1 Intelsat (Atlantic Ocean), 1 Eutelsat, and 1 Inmarsat (Atlantic and Indian Ocean regions); note - Sweden shares the Inmarsat earth station with the other Nordic countries (Denmark, Finland, Iceland, and Norway) Radio broadcast stations: AM 1, FM 265, shortwave 1 (1998) Radios: 8.25 million (1997) Television broadcast stations: 169 (plus 1,299 repeaters) (1995) Televisions: 4.6 million (1997) Internet country code: Internet Service Providers (ISPs): 29 (2000) Internet users: 5.64 million (2000) Transportation Sweden - Railways: total: 12,821 km standard gauge: 12,600 km 1.435- m gauge (7,918 km electrified) narrow gauge: 221 km 0.891-m gauge (2001) Highways: total: 210,760 km paved: 162,707 km (including 1,428 km of expressways) unpaved: 48,053 km (1999) Waterways: 2,052 km note: navigable to small steamers and barges Pipelines: natural gas 84 km Ports and harbors: Gavle, Goteborg, Halmstad, Helsingborg, Hudiksvall, Kalmar, Karlshamn, Malmo, Solvesborg, Stockholm, Sundsvall Merchant marine: total: 174 ships (1,000 GRT or over) totaling 2,255,344 GRT/1,609,844 DWT note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 8, Finland 8, Germany 3, Italy 3, Japan 2, Norway 7 (2002 est.) ships by type: bulk 5, cargo 37, chemical tanker 33, combination ore/ oil 4, passenger 1, petroleum tanker 27, railcar carrier 1, roll on/roll off 38, short-sea passenger 4, specialized tanker 6, vehicle carrier 18 Airports: 255 (2001) Airports - with paved runways: total: 147 over 3,047 m: 3 2,438 to 3,047 m: 12 914 to 1,523 m: 27 under 914 m: 25 (2001) 1,524 to 2,437 m: 80 Airports - with unpaved runways: total: 108 914 to 1,523 m: 6 under 914 m: 102 (2001) Heliports: 1 (2001) Military Sweden - Military branches: Army, Royal Navy (including Coast Artillery and Naval Helicopter Service), Air Force Military manpower - military age: 19 years of age (2002 est.) Military manpower - availability: males age 15-49: 2,060,205 (2002 est.) Military manpower - fit for military males age 15-49: 1,800,991 (2002 service: est.) Military manpower - reaching military males: 51,506 (2002 est.) age annually: Military expenditures - dollar $4,395.1 million (FY01) figure: Military expenditures - percent of 2.1% (FY01) GDP: Transnational Issues Sweden - Disputes - international: none * * * Area: 173,732 sq mi (449,964 sq km). Götaland comprises the stony Småland highlands and the rich Skåne plains.

The global financial crisis forced the Swedish government in October to present a rescue package for the banking system amounting to no less than 1.5 trillion kronor (about $200 billion).

The package was designed to guarantee bank borrowing and to create a government fund to take direct stakes in the banks.

Agriculture accounts for only 2% of GDP and 2% of the jobs.

The government's commitment to fiscal discipline resulted in a substantive budgetary surplus in 2001, but is expected to shrink somewhat in 2002, due to the global economic slowdown, tax cuts, and spending increases. Mountainous Norrland covers about three-fifths of the country and has vast forests and large ore deposits.

.7 billion (1997) Currency: Swedish krona (SEK) Currency code: SEK Exchange rates: Swedish kronor per US dollar - 10.4381 (January 2002), 10.3291 (2001), 9.1622 (2000), 8.2624 (1999), 7.9499 (1998), 7.6349 (1997) Fiscal year: calendar year Communications Sweden - Telephones - main lines in use: 6.017 million (December 1998) Telephones - mobile cellular: 3.835 million (October 1998) Telephone system: general assessment: excellent domestic and international facilities; automatic system domestic: coaxial and multiconductor cables carry most of the voice traffic; parallel microwave radio relay systems carry some additional telephone channels international: 5 submarine coaxial cables; satellite earth stations - 1 Intelsat (Atlantic Ocean), 1 Eutelsat, and 1 Inmarsat (Atlantic and Indian Ocean regions); note - Sweden shares the Inmarsat earth station with the other Nordic countries (Denmark, Finland, Iceland, and Norway) Radio broadcast stations: AM 1, FM 265, shortwave 1 (1998) Radios: 8.25 million (1997) Television broadcast stations: 169 (plus 1,299 repeaters) (1995) Televisions: 4.6 million (1997) Internet country code: Internet Service Providers (ISPs): 29 (2000) Internet users: 5.64 million (2000) Transportation Sweden - Railways: total: 12,821 km standard gauge: 12,600 km 1.435- m gauge (7,918 km electrified) narrow gauge: 221 km 0.891-m gauge (2001) Highways: total: 210,760 km paved: 162,707 km (including 1,428 km of expressways) unpaved: 48,053 km (1999) Waterways: 2,052 km note: navigable to small steamers and barges Pipelines: natural gas 84 km Ports and harbors: Gavle, Goteborg, Halmstad, Helsingborg, Hudiksvall, Kalmar, Karlshamn, Malmo, Solvesborg, Stockholm, Sundsvall Merchant marine: total: 174 ships (1,000 GRT or over) totaling 2,255,344 GRT/1,609,844 DWT note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 8, Finland 8, Germany 3, Italy 3, Japan 2, Norway 7 (2002 est.) ships by type: bulk 5, cargo 37, chemical tanker 33, combination ore/ oil 4, passenger 1, petroleum tanker 27, railcar carrier 1, roll on/roll off 38, short-sea passenger 4, specialized tanker 6, vehicle carrier 18 Airports: 255 (2001) Airports - with paved runways: total: 147 over 3,047 m: 3 2,438 to 3,047 m: 12 914 to 1,523 m: 27 under 914 m: 25 (2001) 1,524 to 2,437 m: 80 Airports - with unpaved runways: total: 108 914 to 1,523 m: 6 under 914 m: 102 (2001) Heliports: 1 (2001) Military Sweden - Military branches: Army, Royal Navy (including Coast Artillery and Naval Helicopter Service), Air Force Military manpower - military age: 19 years of age (2002 est.) Military manpower - availability: males age 15-49: 2,060,205 (2002 est.) Military manpower - fit for military males age 15-49: 1,800,991 (2002 service: est.) Military manpower - reaching military males: 51,506 (2002 est.) age annually: Military expenditures - dollar ,395.1 million (FY01) figure: Military expenditures - percent of 2.1% (FY01) GDP: Transnational Issues Sweden - Disputes - international: none * * * Area: 173,732 sq mi (449,964 sq km). Götaland comprises the stony Småland highlands and the rich Skåne plains.

In the period 2004–07 GDP on average had grown more than 3% annually—well above the European average—but Finance Minister Anders Borg cut the growth forecasts to a meagre 1% for 2008.

It conquered the Finns in the 12th century, and in the 14th century it united with Norway and Denmark under a single monarchy. In the 17th century it emerged as a great European power in the Baltic region, but its dominance declined after its defeat in the Second Northern War (1700–21).

It became a constitutional monarchy in 1809 and united with Norway in 1815; it acknowledged Norwegian independence in 1905.

Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade.

Privately owned firms account for about 90% of industrial output, of which the engineering sector accounts for 50% of output and exports.

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