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Sweden

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.