Sweden is located in the Scandinavian Peninsula and is one of the Nordic countries. The country borders Norway in the west and Finland in the east. By area, Sweden is the third largest country in the EU and has a population of 9.4 million. The population in Sweden is largely concentrated in urban areas and the southern parts of the country. The capital of Sweden is Stockholm, which has a population of 2.1 million in the metropolitan area.
In terms of economic disparity, Sweden has been ranked the most equal country in the world in 2010 and the second most competitive country in the world, after Switzerland. The economy is strongly export-oriented and the most important industries are in telecommunications, the automotive industry, and pharmaceuticals. Sweden mostly exports to Germany, USA, Norway, the UK, Denmark, and Finland.
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