The economy is dominated by the bauxite industry, which accounts for about
70% of export earnings and 40% of tax revenues. The economy has been in
trouble since the Dutch ended development aid in 1982. A drop in world
bauxite prices which started in the late 1970s and continued until late 1986
was followed by the outbreak of a guerrilla insurgency in the interior that
crippled the important bauxite sector. Although the insurgency has since
ebbed and the bauxite sector recovered, a military coup in December 1990
reflected continued political instability and deterred investment and
economic reform. High inflation, high unemployment, widespread black market
activity, and hard currency shortfalls continue to mark the economy.
GDP:
exchange rate conversion - $1.4 billion, per capita $3,400; real growth rate
0% (1989 est.)
Inflation rate (consumer prices):
50% (1989 est.)
Unemployment rate:
33% (1990)
Budget:
revenues $466 million; expenditures $716 million, including capital
expenditures of $123 million (1989 est.)
Exports:
$549 million (f.o.b., 1989 est.)
commodities:
alumina, bauxite, aluminum, rice, wood and wood products, shrimp and fish,
bananas
partners:
Norway 33%, Netherlands 20%, US 15%, FRG 9%, Brazil 5%, UK 5%, Japan 3%,
other 10%
Imports:
$331 million (f.o.b., 1989 est.)
commodities:
capital equipment, petroleum, foodstuffs, cotton, consumer goods
partners:
US 37%, Netherlands 15%, Netherlands Antilles 11%, Trinidad and Tobago 9%,
Brazil 5%, UK 3%, other 20%
External debt:
$138 million (1990 est.)
Industrial production:
growth rate NA; accounts for 22% of GDP
Electricity:
458,000 kW capacity; 2,018 million kWh produced, 5,015 kWh per capita (1991)
Industries:
bauxite mining, alumina and aluminum production, lumbering, food processing,
fishing
Agriculture:
accounts for 11% of GDP; paddy rice planted on 85% of arable land and
represents 60% of total farm output; other products - bananas, palm kernels,
coconuts, plantains, peanuts, beef, chicken; shrimp and forestry products of
increasing importance; self-sufficient in most foods
Economic aid:
US commitments, including Ex-Im (FY70-83), $2.5 million; Western (non-US)
countries, ODA and OOF bilateral commitments (1970-89), $1.5 billion
Currency:
Surinamese guilder, gulden, or florin (plural - guilders, gulden, or
florins); 1 Surinamese guilder, gulden, or florin (Sf.) = 100 cents
Exchange rates:
Surinamese guilders, gulden, or florins (Sf.) per US$1 - 1.7850 (fixed rate)
:Suriname Economy
Fiscal year:
calendar year
:Suriname Communications
Railroads:
166 km total; 86 km 1.000-meter gauge, government owned, and 80 km
1.435-meter standard gauge; all single track
Highways:
8,300 km total; 500 km paved; 5,400 km bauxite gravel, crushed stone, or
improved earth; 2,400 km sand or clay
Inland waterways:
1,200 km; most important means of transport; oceangoing vessels with drafts
ranging up to 7 m can navigate many of the principal waterways
Ports:
Paramaribo, Moengo
Merchant marine:
3 ships (1,000 GRT or over) totaling 6,472 GRT/8,914 DWT; includes 2 cargo,
1 container
Civil air:
1 major transport aircraft
Airports:
46 total, 40 usable; 6 with permanent-surface runways; none with runways
over 3,659 m; 1 with runways 2,440-3,659 m; 2 with runways 1,220-2,439 m
Telecommunications:
international facilities good; domestic microwave system; 27,500 telephones;
broadcast stations - 5 AM, 14 FM, 6 TV, 1 shortwave; 2 Atlantic Ocean
INTELSAT earth stations
:Suriname Defense Forces
Branches:
National Army (including Navy which is company-size, small Air Force
element), Civil Police, People's Militia
Manpower availability:
males 15-49, 109,551; 65,250 fit for military service
Defense expenditures:
$NA, NA% of GDP
:Svalbard Geography
Total area:
62,049 km2
Land area:
62,049 km2; includes Spitsbergen and Bjornoya (Bear Island)
Comparative area:
slightly smaller than West Virginia
Land boundaries:
none
Coastline:
3,587 km
Maritime claims:
Exclusive fishing zone:
200 nm unilaterally claimed by Norway, not recognized by Russia
Territorial sea:
4 nm
Disputes:
focus of maritime boundary dispute in the Barents Sea between Norway and
Russia
Climate:
arctic, tempered by warm North Atlantic Current; cool summers, cold winters;
North Atlantic Current flows along west and north coasts of Spitsbergen,
keeping water open and navigable most of the year
Terrain:
wild, rugged mountains; much of high land ice covered; west coast clear of
ice about half the year; fjords along west and north coasts
Natural resources:
coal, copper, iron ore, phosphate, zinc, wildlife, fish
Land use:
arable land 0%; permanent crops 0%; meadows and pastures 0%; forest and
woodland 0%; other 100%; there are no trees and the only bushes are
crowberry and cloudberry
Environment:
great calving glaciers descend to the sea
Note:
located 445 km north of Norway where the Arctic Ocean, Barents Sea,
Greenland Sea, and Norwegian Sea meet
:Svalbard People
Population:
3,181 (July 1992), growth rate -3.9% (1992); about one-third of the
population resides in the Norwegian areas (Longyearbyen and Svea on
Vestspitsbergen) and two-thirds in the Russian areas (Barentsburg and
Pyramiden on Vestspitsbergen); about 9 persons live at the Polish research
station
Birth rate:
NA births/1,000 population (1992)
Death rate:
NA deaths/1,000 population (1992)
Net migration rate:
NA migrants/1,000 population (1992)
Infant mortality rate:
NA deaths/1,000 live births (1992)
Life expectancy at birth:
NA years male, NA years female (1992)
Total fertility rate:
NA children born/woman (1992)
Ethnic divisions:
Russian 64%, Norwegian 35%, other 1% (1981)
Languages:
Russian, Norwegian
Literacy:
NA% (male NA%, female NA%)
Labor force:
NA
Organized labor:
none
:Svalbard Government
Long-form name:
none
Type:
territory of Norway administered by the Ministry of Industry, Oslo, through
a governor (sysselmann) residing in Longyearbyen, Spitsbergen; by treaty (9
February 1920) sovereignty was given to Norway
Capital:
Longyearbyen
Leaders:
Chief of State:
King HARALD V (since 17 January 1991)
Head of Government:
Governor Leif ELDRING (since NA)
Member of:
none
Flag:
the flag of Norway is used
:Svalbard Economy
Overview:
Coal mining is the major economic activity on Svalbard. By treaty (9
February 1920), the nationals of the treaty powers have equal rights to
exploit mineral deposits, subject to Norwegian regulation. Although US, UK,
Dutch, and Swedish coal companies have mined in the past, the only companies
still mining are Norwegian and Russian. The settlements on Svalbard are
essentially company towns. The Norwegian state-owned coal company employs
nearly 60% of the Norwegian population on the island, runs many of the local
services, and provides most of the local infrastructure. There is also some
trapping of seal, polar bear, fox, and walrus.
Budget:
revenues $13.3 million, expenditures $13.3 million, including capital
expenditures of $NA (1990)
Electricity:
21,000 kW capacity; 45 million kWh produced, 11,420 kWh per capita (1989)
Currency:
Norwegian krone (plural - kroner); 1 Norwegian krone (NKr) = 100 ore
Exchange rates:
Norwegian kroner (NKr) per US$1 - 6.5189 (March 1992), 6.4829 (1991), 6.2597
(1990), 6.9045 (1989), 6.5170 (1988), 6.7375 (1987)
:Svalbard Communications
Ports:
limited facilities - Ny-Alesund, Advent Bay
Airports:
4 total, 4 usable; 1 with permanent-surface runways; none with runways over
2,439 m; 1 with runways 1,220-2,439 m
Telecommunications:
5 meteorological/radio stations; local telephone service; broadcast stations
- 1 AM, 1 (2 repeaters) FM, 1 TV; satellite communication with Norwegian
mainland
:Svalbard Defense Forces
Note:
demilitarized by treaty (9 February 1920)
:Swaziland Geography
Total area:
17,360 km2
Land area:
17,200 km2
Comparative area:
slightly smaller than New Jersey
Land boundaries:
535 km total; Mozambique 105 km, South Africa 430 km
Coastline:
none - landlocked
Maritime claims:
none - landlocked
Disputes:
none
Climate:
varies from tropical to near temperate
Terrain:
mostly mountains and hills; some moderately sloping plains
Natural resources:
asbestos, coal, clay, cassiterite, hydropower, forests, small gold and
diamond deposits, quarry stone, and talc
Land use:
arable land 8%; permanent crops NEGL%; meadows and pastures 67%; forest and
woodland 6%; other 19%; includes irrigated 2%
Environment:
overgrazing; soil degradation; soil erosion
Note:
landlocked; almost completely surrounded by South Africa
:Swaziland People
Population:
913,008 (July 1992), growth rate 2.6% (1992)
Birth rate:
44 births/1,000 population (1992)
Death rate:
12 deaths/1,000 population (1992)
Net migration rate:
-6 migrants/1,000 population (1992)
Infant mortality rate:
98 deaths/1,000 live births (1992)
Life expectancy at birth:
52 years male, 60 years female (1992)
Total fertility rate:
6.2 children born/woman (1992)
Nationality:
noun - Swazi(s); adjective - Swazi
Ethnic divisions:
African 97%, European 3%
Religions:
Christian 60%, indigenous beliefs 40%
Languages:
English and siSwati (official); government business conducted in English
Literacy:
55% (male 57%, female 54%) age 15 and over can read and write (1976)
Labor force:
195,000; over 60,000 engaged in subsistence agriculture; about 92,000 wage
earners (many only intermittently), with agriculture and forestry 36%,
community and social services 20%, manufacturing 14%, construction 9%, other
21%; 16,800 employed in South Africa mines (1990)
Organized labor:
about 10% of wage earners
:Swaziland Government
Long-form name:
Kingdom of Swaziland
Type:
monarchy; independent member of Commonwealth
Capital:
Mbabane (administrative); Lobamba (legislative)
Administrative divisions:
4 districts; Hhohho, Lubombo, Manzini, Shiselweni
Independence:
6 September 1968 (from UK)
Constitution:
none; constitution of 6 September 1968 was suspended on 12 April 1973; a new
constitution was promulgated 13 October 1978, but has not been formally
presented to the people
Legal system:
based on South African Roman-Dutch law in statutory courts, Swazi
traditional law and custom in traditional courts; has not accepted
compulsory ICJ jurisdiction
National holiday:
Somhlolo (Independence) Day, 6 September (1968)
Executive branch:
monarch, prime minister, Cabinet
Legislative branch:
bicameral Parliament is advisory and consists of an upper house or Senate
and a lower house or House of Assembly
Judicial branch:
High Court, Court of Appeal
Leaders:
Chief of State:
King MSWATI III (since 25 April 1986)
Head of Government:
Prime Minister Obed DLAMINI (since 12 July 1989)
Political parties and leaders:
none; banned by the Constitution promulgated on 13 October 1978
Suffrage:
none
Elections:
indirect parliamentary election through Swaziland's Tinkhundala System
scheduled for November 1992
Member of:
ACP, AfDB, C, CCC, ECA, FAO, G-77, IBRD, ICAO, ICFTU, IDA, IFAD, IFC, ILO,
IMF, INTELSAT, INTERPOL, IOC, ITU, LORCS, NAM, OAU, PCA, SACU, SADCC, UN,
UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO
Diplomatic representation:
Ambassador Absalom Vusani MAMBA; Chancery at 3400 International Drive NW,
Washington, DC 20008; telephone (202) 362-6683
US:
Ambassador Stephen H. ROGERS; Embassy at Central Bank Building, Warner
Street, Mbabane (mailing address is P. O. Box 199, Mbabane); telephone [268]
46441 through 5; FAX [268] 45959
Flag:
three horizontal bands of blue (top), red (triple width), and blue; the red
band is edged in yellow; centered in the red band is a large black and white
shield covering two spears and a staff decorated with feather tassels, all
placed horizontally
:Swaziland Economy
Overview:
The economy is based on subsistence agriculture, which occupies most of the
labor force and contributes nearly 25% to GDP. Manufacturing, which includes
a number of agroprocessing factories, accounts for another quarter of GDP.
Mining has declined in importance in recent years; high-grade iron ore
deposits were depleted in 1978, and health concerns cut world demand for
asbestos. Exports of sugar and forestry products are the main earners of
hard currency. Surrounded by South Africa, except for a short border with
Mozambique, Swaziland is heavily dependent on South Africa, from which it
receives 75% of its imports and to which it sends about half of its exports.
GDP:
exchange rate conversion - $563 million, per capita $725; real growth rate
5.0% (1990 est.)
Inflation rate (consumer prices):
13% (1990)
Unemployment rate:
NA%
Budget:
revenues $335.4 million; expenditures $360.5 million, including capital
expenditures of $NA (FY93 est.)
Exports:
$557 million (f.o.b., 1990)
commodities:
soft drink concentrates, sugar, wood pulp, citrus, canned fruit
partners:
South Africa 50% (est.), EC, Canada
Imports:
$632 million (f.o.b., 1990)
commodities:
motor vehicles, machinery, transport equipment, petroleum products,
foodstuffs, chemicals
partners:
South Africa 75% (est.), Japan, Belgium, UK
External debt:
$290 million (1990)
Industrial production:
growth rate NA; accounts for 26% of GDP (1989)
Electricity:
60,000 kW capacity; 155 million kWh produced, 180 kWh per capita (1991)
Industries:
mining (coal and asbestos), wood pulp, sugar
Agriculture:
accounts for 23% of GDP and over 60% of labor force; mostly subsistence
agriculture; cash crops - sugarcane, cotton, maize, tobacco, rice, citrus
fruit, pineapples; other crops and livestock - corn, sorghum, peanuts,
cattle, goats, sheep; not self-sufficient in grain
Economic aid:
US commitments, including Ex-Im (FY70-89), $142 million; Western (non-US)
countries, ODA and OOF bilateral commitments (1970-89), $518 million
Currency:
lilangeni (plural - emalangeni); 1 lilangeni (E) = 100 cents
Exchange rates:
emalangeni (E) per US$1 - 2.7814 (January 1992), 2.7563 (1991), 2.5863
(1990), 2.6166 (1989), 2.2611 (1988), 2.0350 (1987); note - the Swazi
emalangeni is at par with the South African rand
Fiscal year:
1 April - 31 March
:Swaziland Communications
Railroads:
297 km (plus 71 km disused), 1.067-meter gauge, single track
Highways:
2,853 km total; 510 km paved, 1,230 km crushed stone, gravel, or stabilized
soil, and 1,113 km improved earth
Civil air:
4 major transport aircraft
Airports:
23 total, 21 usable; 1 with permanent-surfaced runways; none with runways
over 3,659 m; 1 with runways 2,440-3,659 m; 1 with runways 1,220-2,439 m
Telecommunications:
system consists of carrier-equipped open-wire lines and low-capacity
microwave links; 17,000 telephones; broadcast stations - 7 AM, 6 FM, 10 TV;
1 Atlantic Ocean INTELSAT earth station
:Swaziland Defense Forces
Branches:
Umbutfo Swaziland Defense Force, Royal Swaziland Police Force
Manpower availability:
males 15-49, 197,654; 114,204 fit for military service
Defense expenditures:
exchange rate conversion - $11 million, about 2% of GNP (1989)
:Sweden Geography
Total area:
449,964 km2
Land area:
410,928 km2
Comparative area:
slightly smaller than California
Land boundaries:
2,205 km total; Finland 586 km, Norway 1,619 km
Coastline:
3,218 km
Maritime claims:
Continental shelf:
200 m (depth) or to depth of exploitation
Exclusive fishing zone:
200 nm
Territorial sea:
12 nm
Disputes:
none
Climate:
temperate in south with cold, cloudy winters and cool, partly cloudy
summers; subarctic in north
Terrain:
mostly flat or gently rolling lowlands; mountains in west
Natural resources:
zinc, iron ore, lead, copper, silver, timber, uranium, hydropower potential
Land use:
arable land 7%; permanent crops 0%; meadows and pastures 2%; forest and
woodland 64%; other 27%; includes irrigated NEGL%
Environment:
water pollution; acid rain
Note:
strategic location along Danish Straits linking Baltic and North Seas
:Sweden People
Population:
8,602,157 (July 1992), growth rate 0.4% (1992)
Birth rate:
13 births/1,000 population (1992)
Death rate:
11 deaths/1,000 population (1992)
Net migration rate:
2 migrants/1,000 population (1992)
Infant mortality rate:
6 deaths/1,000 live births (1992)
Life expectancy at birth:
75 years male, 81 years female (1992)
Total fertility rate:
1.9 children born/woman (1992)
Nationality:
noun - Swede(s); adjective - Swedish
Ethnic divisions:
homogeneous white population; small Lappish minority; foreign born or
first-generation immigrants (Finns, Yugoslavs, Danes, Norwegians, Greeks,
Turks) about 12%
Religions:
Evangelical Lutheran 94%, Roman Catholic 1.5%, Pentecostal 1%, other 3.5%
(1987)
Languages:
Swedish, small Lapp- and Finnish-speaking minorities; immigrants speak
native languages
Literacy:
99% (male NA%, female NA%) age 15 and over can read and write (1979 est.)
Labor force:
4,552,000 community, social and personal services 38.3%, mining and
manufacturing 21.2%, commerce, hotels, and restaurants 14.1%, banking,
insurance 9.0%, communications 7.2%, construction 7.0%, agriculture,
fishing, and forestry 3.2% (1991)
Organized labor:
80% of labor force (1990 est.)
:Sweden Government
Long-form name:
Kingdom of Sweden
Type:
constitutional monarchy
Capital:
Stockholm
Administrative divisions:
24 provinces (lan, singular and plural); Alvsborgs Lan, Blekinge Lan,
Gavleborgs Lan, Goteborgs och Bohus Lan, Gotlands Lan, Hallands Lan,
Jamtlands Lan, Jonkopings Lan, Kalmar Lan, Kopparbergs Lan, Kristianstads
Lan, Kronobergs Lan, Malmohus Lan, Norrbottens Lan, Orebro Lan,
Ostergotlands Lan, Skaraborgs Lan, Sodermanlands Lan, Stockholms Lan,
Uppsala Lan, Varmlands Lan, Vasterbottens Lan, Vasternorrlands Lan,
Vastmanlands Lan
Independence:
6 June 1809, constitutional monarchy established
Constitution:
1 January 1975
Legal system:
civil law system influenced by customary law; accepts compulsory ICJ
jurisdiction, with reservations
National holiday:
Day of the Swedish Flag, 6 June
Executive branch:
monarch, prime minister, Cabinet
Legislative branch:
unicameral parliament (Riksdag)
Judicial branch:
Supreme Court (Hogsta Domstolen)
Leaders:
Chief of State:
King CARL XVI GUSTAF (since 19 September 1973); Heir Apparent Princess
VICTORIA Ingrid Alice Desiree, daughter of the King (born 14 July 1977)
Head of Government:
Prime Minister Carl BILDT (since 3 October 1991)
Political parties and leaders:
ruling four-party coalition consists of the Moderate Party (conservative),
Carl BILDT; Liberal People's Party, Bengt WESTERBERG; Center Party, Olof
JOHANSSON; and the Christian Democratic Party, Alf SVENSSON; Social
Democratic Party, Ingvar CARLSSON; New Democracy Party, Count Ian
WACHTMEISTER; Left Party (VP; Communist), Lars WERNER; Swedish Communist
Party (SKP), Rune PETTERSSON; Communist Workers' Party, Rolf HAGEL; Green
Party, no formal leader
Suffrage:
universal at age 18
Elections:
Riksdag:
last held 15 September 1991 (next to be held NA September 1994); results -
Social Democratic Party 37.6%, Moderate Party (conservative) 21.9%, Liberal
People's Party 9.1%, Center Party 8.5%, Christian Democrats 7.1%, New
Democracy 6.7%, Left Party (Communist) 4.5%, Green Party 3.4%, other 1.2%;
seats - (349 total) Social Democratic 138, Moderate Party (conservative) 80,
Liberal People's Party 33, Center Party 31, Christian Democrats 26, New
Democracy 25, Left Party (Communist) 16; note - the Green Party has no seats
in the Riksdag because it received less than the required 4% of the vote
Communists:
VP and SKP; VP, formerly the Left Party-Communists, is reported to have
roughly 17,800 members and attracted 5.8% of the vote in the 1988 election;
VP dropped the Communist label in 1990, but maintains a Marxist ideology
:Sweden Government
Member of:
AfDB, AG (observer) AsDB, BIS, CCC, CE, CERN, CSCE, EBRD, ECE, EFTA, ESA,
FAO, G-6, G-8, G-9, G-10, GATT, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, IDA,
IEA, IFAD, IFC, ILO, IMF, IMO, INMARSAT, INTERPOL, INTELSAT, IOC, IOM
(observer), ISO, ITU, LORCS, NAM (guest), NC, NEA, NIB, OECD, PCA, UN,
UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, UNIFIL, UNIIMOG, UNMOGIP, UNTSO, UPU,
WHO, WIPO, WMO
Diplomatic representation:
Ambassador Anders THUNBORG; Chancery at Suite 1200, 600 New Hampshire Avenue
NW, Washington, DC 20037; telephone (202) 944-5600; there are Swedish
Consulates General in Chicago, Los Angeles, Minneapolis, and New York
US:
Ambassador Charles E. REDMAN; Embassy at Strandvagen 101, S-115 89
Stockholm; telephone [46] (8) 783-5300; FAX [46] (8) 661-1964
Flag:
blue with a yellow cross that extends 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)
:Sweden Economy
Overview:
Aided by a long period of peace and neutrality during World War I through
World War II, Sweden has achieved an enviable standard of living under a
mixed system of high-tech capitalism and extensive welfare benefits. It has
essentially full employment, a modern distribution system, excellent
internal and external communications, and a skilled labor force. Timber,
hydropower, and iron ore constitute the resource base of an economy that is
heavily oriented toward foreign trade. Privately owned firms account for
about 90% of industrial output, of which the engineering sector accounts for
50% of output and exports. In the last few years, however, this
extraordinarily favorable picture has been clouded by inflation, growing
absenteeism, and a gradual loss of competitiveness in international markets.
The new center-right government, facing a sagging economic situation which
is unlikely to improve until 1993, is pushing full steam ahead with economic
reform proposals to end Sweden's recession and to prepare for possible EC
membership in 1995. The free-market-oriented reforms are designed to spur
growth, maintain price stability, lower unemployment, create a more
efficient welfare state, and further adapt to EC standards. The measures
include: cutting taxes, particularly the value-added tax (VAT) and levies on
new and small business; privatization; liberalizing foreign ownership
restrictions; and opening the welfare system to competition and private
alternatives, which the government will still finance. Growth is expected to
remain flat in 1992, but increase slightly in 1993, while inflation should
remain around 3% for the next few years. On the down side, unemployment may
climb to slightly over 4% in 1993, and the budget deficit will reach nearly
$9 billion in 1992.
GDP:
purchasing power equivalent - $147.6 billion, per capita $17,200; real
growth rate -1.1% (1991)
Inflation rate (consumer prices):
8.0% (1991)
Unemployment rate:
2.7% (1991)
Budget:
revenues $67.5 billion; expenditures $78.7 billion, including capital
expenditures of $NA (FY92 est.)
Exports:
$54.5 billion (f.o.b., 1991 est.)
commodities:
machinery, motor vehicles, paper products, pulp and wood, iron and steel
products, chemicals, petroleum and petroleum products
partners:
EC, (FRG, UK, Denmark), US, Norway
Imports:
$50.2 billion (c.i.f., 1991 est.)
commodities:
machinery, petroleum and petroleum products, chemicals, motor vehicles,
foodstuffs, iron and steel, clothing
partners:
EC 55.3%, US 8.4% (1990)
External debt:
$10.7 billion (November 1991)
Industrial production:
growth rate -5.3% (1991)
Electricity:
39,716,000 kW capacity; 142,000 million kWh produced, 16,700 kWh per capita
(1991)
:Sweden Economy
Industries:
iron and steel, precision equipment (bearings, radio and telephone parts,
armaments), wood pulp and paper products, processed foods, motor vehicles
Agriculture:
animal husbandry predominates, with milk and dairy products accounting for
37% of farm income; main crops - grains, sugar beets, potatoes; 100%
self-sufficient in grains and potatoes, 85% self-sufficient in sugar beets
Economic aid:
donor - ODA and OOF commitments (1970-89), $10.3 billion
Currency:
Swedish krona (plural - kronor); 1 Swedish krona (SKr) = 100 ore
Exchange rates:
Swedish kronor (SKr) per US$1 - 6.0259 (March 1992), 6.0475 (1991) 5.9188
(1990), 6.4469 (1989), 6.1272 (1988), 6.3404 (1987)
Fiscal year:
1 July - 30 June
:Sweden Communications