The Kingdom of Sweden

SwedenNorthern Europe
-3:00Hours behind the UAE
About the Country

General Information

National Identity
Official Language(s)Swedish
National CurrencySwedish Krona (SEK)
National Day(s)6 June (National Day)
Capitals
Political / Administrative CapitalStockholm
Economic CapitalStockholm
Cultural CapitalStockholm
Transport & Connectivity
Flight Duration from the UAE≈ 6.5 – 7 h Direct flights
Primary AirportStockholm Arlanda Airport (ARN)
Primary PortPort of Gothenburg
Geography
Land Area-
Length of the Coastline3,218 km
Highest PointKebnekaise (2,096 m)
Primary Inland Water Body / RiverLake Vanern (the third-largest lake in Europe and the largest in the European Union)
ClimateTemperate, with maritime and continental influences; subarctic in the north

Border Countries

NorwayFinland
2

Last Updated: July 2026Source: Internal Research

Key Facts

Sveriges Riksbank, Sweden’s central bank, was founded in 1668 and is the world’s oldest central bank.

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

GDP, current prices-USD Billions
Real GDP growth-Annual percent change (%)
GDP per capita, current prices-USD per capita
Population-Millions of people
General government gross debt-% of GDP
Income levelWorld Bank classification-

Economic Comparison

IndicatorSwedenUAESwedenUAE
GDP, current pricesUSD Billions--
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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 (%)--
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Income levelWorld Bank classification--

Foreign Trade

No data available for this section yet.

Political Overview

Leadership

Head of State

H.M. King Carl XVI Gustaf

Since September 1973

Head of Government

H.E. Ulf Kristersson

Since October 2022

Minister of Foreign Affairs

H.E. Maria Malmer Stenergard

Since September 2024

Minister of Finance

H.E. Elisabeth Svantesson

Since October 2022

Minister of Trade

H.E. Benjamin Dousa

Since September 2024

Minister of Defense

H.E. Dr. Pal Jonson

Since October 2022

Political Summary

Political System

Parliamentary Constitutional Monarchy

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

Not applicable (Hereditary)

Next Legislative Election

September 2030

Last Updated: November 2026Source: Internal Research

Membership in Key Organizations and Blocs

59Organizations
18Member
18Founding Member
6Partner, Observer or Participant
17Not a Member

Last Updated: July 2026Source: Official websites of the respective organizations

Competitiveness Indexes

IndexYearRank Out ofSwedenUAE

No index matches.

Bilateral Relations

Diplomatic Relations and Representation

Date of Establishment of Diplomatic Relations22 Apr 197452 years of relations
H.E. Ghasaq Yousif Shaheen
UAE Ambassador
H.E. Ghasaq Yousif ShaheenUAE Ambassador to Sweden · Resident
H.E. Fredrik Floren
Foreign Ambassador
H.E. Fredrik FlorenAmbassador of Sweden to the UAE · Resident

Last Updated: June 2026Source: MoFA; Internal Research

Consular Information

Tourists
Residents
Students
Golden Visa Holders
Sweden Nationalsin the UAE
----
UAE Citizensin Sweden
----

Main Agreements and MoUs

Agreement / MOUStatusNotes
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.
Ratified— Signed and entered into force
Signed— Signed, but entry into force or ratification is pending
Not Signed— No signed agreement exists

Last Updated: September 2026Source: Internal Research

UAE Foreign Assistance

UAE Aid to SwedenTotal 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 Council
    Jun2026
  • H.E. Reem bint Ebrahim Al HashimyMinister of State for International Cooperation
    Jun2026
  • H.H. Sheikh Abdullah bin Zayed Al NahyanDeputy Prime Minister and Minister of Foreign Affairs
    Mar2025
  • H.E. Noura bint Mohamed Al KaabiMinister of State
    May2023

Official Visits to the UAE

  • H.E. Maria Malmer StenergardMinister of Foreign Affairs of Sweden
    Jun2026
  • H.E. Benjamin DousaMinister for International Development Cooperation and Foreign Trade of Sweden
    Sep2025
  • H.E. Dr. Pal JonsonMinister for Defense of Sweden
    Jun2025
  • H.E. Gunnar StrommerMinister for Justice of Sweden
    Nov2024
  • H.E. Johan ForssellMinister for International Development Cooperation and Foreign Trade of Sweden
    Feb2024
  • H.E. Ulf KristerssonPrime Minister of Sweden
    Dec2023
  • H.E. Ann LindeMinister of Foreign Affairs of Sweden
    Mar2022
  • H.E. Tomas EnerothMinister for Infrastructure of Sweden
    Feb2022

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

-Non-oil trade partner of the UAE
-Source of UAE imports
-Destination for UAE exports
-Destination for UAE re‑exports

Key Trade Commodities

-

Foreign Direct Investment Flows

Jan 2021 – Sep 2026
FDI Inflows (Into the UAE)174.0USD Millions
Jan 2021 – Sep 2026
FDI Outflows (UAE Abroad)19.2USD Millions

Capex and jobs data include estimated values.

Last Updated: November 2026Source: fDi Markets

Major Companies and Investments

Major Swedish Companies in the UAE

  • EricssonEricssonTelecommunications and IT
  • Atlas CopcoAtlas CopcoIndustrial equipment and solutions
  • SaabSaabDefense and aerospace
  • Assa AbloyAssa AbloyAccess solutions
  • IKEAIKEAFurniture retail
  • H&MFashion retail

Major UAE Companies in Sweden

  • Mubadala Investment CompanyMubadala Investment CompanyHealthcare, logistics, digital infrastructure, and fintech
  • DP WorldDP WorldLogistics

Last Updated: April 2026Source: Internal Research

Business Support

Dubai Chambers

Business Council(s)Swedish Business Council
International Office(s)Stockholm, Sweden
Joint Business Council(s)-

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