Year in Review 2011 | Page 18

Swedish Innovation With a population of 9 million people in 2011 Sweden is home to an approximate 0.13 percent of the world population. It is a small country and if looking back a century Sweden was also one of the poorest nations in Europe. Still this small Nordic country has today grown to become one of the wealthiest countries ranking at 22nd place of world GDP according to The World Bank and the key to Sweden’s succe