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Background A military power during the 17th century, Sweden has not participated in any war for almost two centuries. An armed neutrality was preserved in both World Wars. Sweden's long-successful economic formula of a capitalist system interlarded with substantial welfare elements was challenged in the 1990s by high unemployment and in 2000-02 and 2009 by the global economic downturns, but fiscal discipline over the past several years has allowed the country to weather economic vagaries. Sweden joined the EU in 1995, but the public rejected the introduction of the euro in a 2003 referendum. Population 9,074,055 (July 2010 est.) Government type 21 counties (lan, singular and plural); Blekinge, Dalarna, Gavleborg, Gotland, Halland, Jamtland, Jonkoping, Kalmar, Kronoberg, Norrbotten, Orebro, Ostergotland, Skane, Sodermanland, Stockholm, Uppsala, Varmland, Vasterbotten, Vasternorrland, Vastmanland, Vastra Gotaland Administrative divisions constitutional monarchy Independence Swedish Flag Day, 6 June (1916); National Day, 6 June (1983) International organization participation blue with a golden yellow cross extending to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag); the colors reflect those of the Swedish coat of arms - three gold crowns on a blue field Economy - overview Market value of publicly traded shares iron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, motor vehicles Agriculture - products -9% (2009 est.) Industries 144 billion kWh (2007 est.) Industrial production growth rate 134.5 billion kWh (2007 est.) Electricity - production 14.71 billion kWh (2008 est.) Oil - production 219,300 bbl/day (2008 est.) Internet country code 8.1 million (2008) WebCam