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l economic formula of a capitalist system interlarded with substantial welfare elements was challenged in the 1990s by high unemployment, rising maintenance costs, and a declining position in world markets. Indecision over the country's role in the political and economic integration of Europe delayed Sweden's entry into the EU until 1995, and waived the introduction of the euro in 1999. Geography Sweden Location: Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, Kattegat, and Skagerrak, between Finland and Norway Geographic coordinates: 62 00 N, 15 00 E Map references: Europe Area: total: 449,964 sq km water: 39,030 sq km land: 410,934 sq km Area - comparative: slightly larger than California Land boundaries: total: 2,205 km border countries: Finland 586 km, Norway 1,619 km Coastline: 3,218 km Maritime claims: continental shelf: 200-m depth or to the depth of exploitation exclusive economic zone: agreed boundaries or midlines territorial sea: 12 NM (adjustments made to return a portion of straits to high seas) 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 Elevation extremes: lowest point: Baltic Sea 0 m highest point: Kebnekaise 2,111 m Natural resources: zinc, iron ore, lead, copper, silver, timber, uranium, hydropower Land use: arable land: 7% permanent crops: 0% other: 93% (1998 est.) Irrigated land: 1,150 sq km (1998 est.) Natural hazards: ice floes in the surrounding waters, especially in the Gulf of Bothnia, can interfere with maritime traffic Environment - current issues: acid rain damage to soils and lakes; pollution of the North Sea and the Baltic Sea Environment - international agreements: party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulphur 85, Air Pollution-Sulphur 94, Air Pollution-Volatile Organic Compounds, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling signed, but not ratified: Climate Change-Kyoto Protocol Geography - note: strategic location a
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