Sveriges Riksbank, Sweden’s central bank, was founded in 1668 and is the world’s oldest central bank.
The Kingdom of Sweden
SwedenNorthern EuropeGeneral Information
Border Countries
Last Updated: July 2026Source: Internal Research
Key Facts
Sweden has nearly 100,000 lakes spread across the country.
Surstromming, Sweden’s famous fermented Baltic herring, has its own traditional season beginning in late summer.
The Nobel Prizes were established through the will of Swedish inventor Alfred Nobel.
The medieval town of Visby is a UNESCO World Heritage Site and one of the best-preserved Hanseatic towns in northern Europe.
The Celsius temperature scale was developed by Swedish astronomer Anders Celsius in the 18th century.
The three-point seat belt was invented by Swedish engineer Nils Bohlin and has saved countless lives worldwide.
Fika is a cherished Swedish tradition centered on taking time for coffee, pastries and conversation, reflecting the country’s strong coffee culture.
Sweden introduced paid parental leave for both parents in 1974, and some benefit days can now be transferred to grandparents or other caregivers.
In northern Sweden, the sun can remain visible for nearly two months during summer because of the Midnight Sun.
Sweden has more islands than any other country in the world, with over 267,000 islands.
Stockholm’s Metro is renowned for its extensive public art, with all 100 stations featuring artworks such as murals, sculptures and installations.
Last Updated: July 2026Source: Internal Research
Economic Overview
Macroeconomic Snapshot
Economic Comparison
| Indicator | SwedenUAE | ||
|---|---|---|---|
| GDP, current pricesUSD Billions | - | - | |
| GDP, PPPCurrent int$ | - | - | |
| Real GDP growthAnnual percent change (%) | - | - | |
| GDP per capita, current pricesUSD per capita | - | - | |
| PopulationMillions of people | - | - | |
| Unemployment rate% of total labor force | - | - | |
| Inflation rate (avg. consumer prices)Annual percent change (%) | - | - | |
| General government gross debt% of GDP | - | - | |
| Income levelWorld Bank classification | - | - |
Foreign Trade
No data available for this section yet.
Political Overview
Leadership
H.M. King Carl XVI Gustaf
Since September 1973
H.E. Ulf Kristersson
Since October 2022
H.E. Maria Malmer Stenergard
Since September 2024
H.E. Elisabeth Svantesson
Since October 2022
H.E. Benjamin Dousa
Since September 2024
H.E. Dr. Pal Jonson
Since October 2022
Political Summary
Political System
The monarch serves as head of state with ceremonial duties, while executive power is exercised by the Prime Minister and the government.
Ruling Party
Moderate Party (M): Centre-right (since October 2022; caretaker government since September 2026)
Main Opposition Force(s)
Social Democratic Party (S): Centre-left (largest party in the Riksdag; government formation ongoing after the September 2026 election)Left Party (V): Left-wingGreen Party (MP): Centre-left
Next Presidential Election
Next Legislative Election
Last Updated: November 2026Source: Internal Research
Membership in Key Organizations and Blocs
No organisation matches.
Last Updated: July 2026Source: Official websites of the respective organizations
Competitiveness Indexes
| Index | Year | Rank Out of | Sweden | UAE |
|---|
No index matches.
Diplomatic Relations and Representation
Last Updated: June 2026Source: MoFA; Internal Research
Flights by UAE Carriers
Passenger Flights
October 2026 figuresCargo Flights
October 2026 figuresLast Updated: October 2026Source: GCAA
Consular Information
Tourists | Residents | Students | Golden Visa Holders | |
|---|---|---|---|---|
Sweden Nationalsin the UAE | - | - | - | - |
UAE Citizensin Sweden | - | - | - | - |
Main Agreements and MoUs
| Agreement / MOU | Status | Notes |
|---|---|---|
CEPAComprehensive Economic Partnership Agreement | Not Signed | Sweden is an EU member state.UAE–EU negotiations were launched on 28 May 2025.The first round of negotiations began on 24 Jun 2025. |
IPPAInvestment Protection and Promotion Agreement | Ratified | Signed on 11 Nov 1999.Entered into force on 6 May 2000. |
DTADouble Taxation Avoidance Agreement | - | - |
ASAAir Services Agreement | Ratified | Signed and entered into force on 13 Dec 2016. |
Last Updated: September 2026Source: Internal Research
UAE Foreign Assistance
| UAE Aid to Sweden | Total Amount |
|---|---|
| Amount (USD Mn) | - |
Bilateral Visits
Official Visits from the UAE
- H.H. Sheikha Latifa bint Mohammed bin Rashid Al MaktoumChairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of Dubai CouncilJun2026
- H.E. Reem bint Ebrahim Al HashimyMinister of State for International CooperationJun2026
- H.H. Sheikh Abdullah bin Zayed Al NahyanDeputy Prime Minister and Minister of Foreign AffairsMar2025
- H.E. Noura bint Mohamed Al KaabiMinister of StateMay2023
Official Visits to the UAE
- H.E. Maria Malmer StenergardMinister of Foreign Affairs of SwedenJun2026
- H.E. Benjamin DousaMinister for International Development Cooperation and Foreign Trade of SwedenSep2025
- H.E. Dr. Pal JonsonMinister for Defense of SwedenJun2025
- H.E. Gunnar StrommerMinister for Justice of SwedenNov2024
- H.E. Johan ForssellMinister for International Development Cooperation and Foreign Trade of SwedenFeb2024
- H.E. Ulf KristerssonPrime Minister of SwedenDec2023
- H.E. Ann LindeMinister of Foreign Affairs of SwedenMar2022
- H.E. Tomas EnerothMinister for Infrastructure of SwedenFeb2022
The officials’ titles shown reflect the positions held at the time of the visit.
Last Updated: October 2026Source: Internal Research
Trade
Non-Oil Bilateral Trade
Rank Among UAE's Trade Partners
Key Trade Commodities
Foreign Direct Investment Flows
Capex and jobs data include estimated values.
Last Updated: November 2026Source: fDi Markets
Major Companies and Investments
Major Swedish Companies in the UAE
EricssonTelecommunications and IT
Atlas CopcoIndustrial equipment and solutions
SaabDefense and aerospace
Assa AbloyAccess solutions
IKEAFurniture retail
- H&MFashion retail
Major UAE Companies in Sweden
Mubadala Investment CompanyHealthcare, logistics, digital infrastructure, and fintech
DP WorldLogistics
Last Updated: April 2026Source: Internal Research
Business Support
Dubai Chambers
Last Updated: September 2026Source: Various UAE Chambers
Cooperation Opportunities
Priority level: HIGH / MEDIUM / EMERGING, based on overall attractiveness to the UAE.
Last Updated: October 2026Source: Internal Research