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Denmark, Finland, Norway and Sweden have for example experienced constant and large excess exports in recent years. Iceland is the only country which has balance of payments deficits as of 2011. At the same time, unemployment is low in most of the Nordic countries compared with the rest of Europe.
The Scandinavian Peninsula [1] is located in Northern Europe, and roughly comprises the mainlands of Sweden, Norway and the northwestern area of Finland.. The name of the peninsula is derived from the term Scandinavia, the cultural region of Denmark, Norway and Sweden.
People from the Nordic world beyond Norway, Denmark and Sweden may be offended at being either included in or excluded from the category of "Scandinavia". [34] Nordic countries is used unambiguously for Denmark, Norway, Sweden, Finland and Iceland, including their associated territories Greenland, the Faroe Islands and the Åland Islands. [35]
The most common usage: the three monarchies; Denmark, Norway and Sweden An extended usage: including Finland, Iceland and the autonomous territory Faroe Islands. This is equal to the the Nordics (including the autonomous territory of Greenland).
When Sweden ceded Finland to Russia in 1809, it was decided that the new Finland–Sweden border should follow the rivers. But actually two rivers cross the Norwegian border and the northern river was originally used and then the tripoint was at 69°3′37.4″N 20°33′11.4″E / 69.060389°N 20.553167°E / 69.060389; 20.553167
It borders Norway to the west (which is one of Sweden’s non-EU neighbours); Finland to the northeast; and the Baltic Sea and Gulf of Bothnia to the south and east. At 450,295 km 2 (173,860 sq mi), Sweden is the largest country in Northern Europe, the fifth largest in Europe, and the 55th largest country in the world.
File: 1730 Homann Map of Scandinavia, Norway, Sweden, Denmark, Finland and the Baltics - Geographicus - Scandinavia-homann-1730.jpg
Administratively, this roughly encompasses the mainlands of Finland, Norway and Sweden, [2] as well as Murmansk Oblast, much of the Republic of Karelia, and parts of northern Leningrad Oblast in Russia. Its name comes from the Latin words Fennia (Finland) and Scandia (Scandinavia). [3] The term was first used by the Finnish geologist Wilhelm ...
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