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Sweden's position as one of the world's most highly developed post-industrial societies looks fundamentally secure.

Unemployment is low and the economy strong. Public-private partnership is at the core of "the Swedish model", which was developed by the Social Democrats, who have governed for most of the time since the 1920s.

This mixed economy traditionally featured centralised wage negotiations and a heavily tax-subsidised social security network. The Swedes still enjoy an advanced welfare system, and their standard of living and life expectancy are among the highest in the world.

Relative to its population size, Sweden has taken in far more migrants than any other EU country since the beginning of the migration crisis in 2015. This has put pressure on public services, and prompted a rise in support for the far-right Sweden Democrats party.

Sweden is known throughout the world for its neutrality. With the ending of the Cold War, Sweden felt able to join the European Union in 1995. It further altered its long-standing neutrality in the wake of Russia's invasion of Ukraine and, with Finland, applied to join Nato in 2022.
Source: BBC.com