Sweden

Sweden is located in Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, Kattegat, and Skagerrak, between Finland and Norway. The landscape is mostly flat or gently rolling lowlands with mountains in the west, and the climate ranges from temperate in the south with cold, cloudy winters and cool, partly cloudy summers to subarctic in the north. Stockholm serves as the capital, and Sweden has a population of approximately 10.64 million people who primarily speak Swedish.

Sweden has a high-income, export-oriented economy that is the largest in the Nordic region, and it is an EU member though it does not use the euro. Key industries include iron and steel, precision equipment, wood pulp and paper products, processed foods, and motor vehicles. The country possesses abundant natural resources including iron ore, copper, lead, zinc, gold, silver, tungsten, uranium, timber, and hydropower. Sweden is highly ranked for competitiveness, research and development investments, and governance, with a recovery marked by falling inflation and real wage growth.