A military power during the 17th century, Sweden maintained a policy of military non-alignment until it applied to join NATO in May 2022. Stockholm preserved and armed neutrality in both World Wars. Since then, Sweden has pursued a successful economic formula consisting of a capitalist system intermixed with substantial welfare elements. Sweden joined the EU in 1995, but the public rejected the introduction of the euro in a 2003 referendum. The share of Sweden’s population born abroad increased from 11.3% in 2000 to 20% in 2021.
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NOTE: The information regarding Sweden on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Sweden 2023 information contained here. All suggestions for corrections of any errors about Sweden 2023 should be addressed to the CIA or the source cited on each page.
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