Sweden vs Euro area
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Economy power of Sweden & Euro area
World Rank 33
4.52
The official name of Sweden is the Kingdom of Sweden. It is one of the Nordic countries with the capital in Stockholm. They cover most of Scandinavia and, as a result, they are the third largest nation in the European Union. They border Norway, Finland, and Denmark by a bridge-tunnel path across the Oresund Strait.
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The euro area (eurozone) is a monetary union of 19 member states of the European Union that have the euro as their primary currency.
List of member states: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
Andorra, Monaco, San Marino, and Vatican City have formal agreements with the EU to use the euro as their official currency.
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