Names: conventional long form: Kingdom of Sweden conventional short form: Sweden local long form: Konungariket Sverige local short form: Sverige
Capital City: Stockholm
Population: 9,016,596 (July 2006 est.)
GDP Per Capita: $31,600 (2006 est.)
Currency: Swedish krona (SEK)
Languages: Swedish, small Sami- and Finnish-speaking minorities
Total Area: total: 449,964 sq km land: 410,934 sq km water: 39,030 sq km slightly larger than California
Region: Europe
Industries: iron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, motor vehicles
Agriculture: barley, wheat, sugar beets; meat, milk
Resources: iron ore, copper, lead, zinc, gold, silver, tungsten, uranium, arsenic, feldspar, timber, hydropower
Labor Force:
4.59 million (2006 est.)
agriculture: 2% industry: 24% services: 74% (2000 est.)
Exports:
$173.9 billion f.o.b. (2006 est.)
machinery 35%, motor vehicles, paper products, pulp and wood, iron and steel products, chemicals
Imports:
$151.8 billion f.o.b. (2006 est.)
machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs, clothing
Overview:
Aided by peace and neutrality for the whole of the 20th century, Sweden has achieved an enviable standard of living under a mixed system of high-tech capitalism and extensive welfare benefits. It has a modern distribution system, excellent internal and external communications, and a skilled labor force. 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. Agriculture accounts for only 1% of GDP and 2% of employment. The government's commitment to fiscal discipline resulted in a substantial budgetary surplus in 2001, which was cut by more than half in 2002, due to the global economic slowdown, declining revenue, and increased spending. The Swedish central bank (the Riksbank) focuses on price stability with its inflation target of 2%. Growth remained sluggish in 2003, but picked up during 2004-06. Presumably because of generous sick-leave benefits, Swedish workers report in sick more often than other Europeans. In September 2003, Swedish voters turned down entry into the euro system, concerned about the impact on the economy and sovereignty.
In 2007 Missouri exported $69,938,366 in goods to Sweden. This ranks Sweden 23rd among the 223 international buyers of Missouri goods. Missouri exports to Sweden increased from the previous year by $12,886,903 a change of 22.59%. State exports to Sweden have increased over the last 5 years by $114,076 a change of 1.63%. Missouri exports account for .52%. of all 2007 US exports to Sweden.
| NAICS Industry | Annual | ||||||
|---|---|---|---|---|---|---|---|
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | ||
| 000 - Total All Industries MO | 69,824,290 | 56,990,732 | 41,954,095 | 55,014,358 | 57,051,463 | 69,938,366 | |
| 000 - Total All Industries US | 3,154,153,853 | 3,225,451,332 | 3,265,149,661 | 3,709,425,142 | 4,126,201,384 | 4,493,991,898 | |