The official capital of Sweden
Stockholm is the official capital of Sweden and also the centre for culture, politics and business. This essential global city houses some of Europe’s top-ranking universities, such as the Stockholm School of Economics and the Royal Institute of Technology. Each year, the town welcomes Nobel Prize nominees for the prestigious award ceremony. Stockholm is also famous for art. There are art displays all around the city, including in the metro stations. In 1912, Stockholm hosted the Summer Olympics, making significant improvements to the area for the event.
2.3 million live in the metropolitan area
Over one million people live in the municipality. A further 1.5 million people live in the urban area, and 2.3 million live in the metropolitan area. The Swedish royal family´s private residence is Drottningholm Palace, just outside the city. This spectacular palace and grounds are a World Heritage Site. The Prime Minister resides in Stockholm, also home to the Riksdag (Swedish parliament).
The city expands to fourteen islands where Lake Mälaren flows into the Baltic Sea. Outside the capital along the coast is the Stockholm archipelago island chain.
In 8,000 BC, settlers arrived in Stockholm after the Ice Age, but the inhabitants moved south due to the freezing temperatures. Thousands of years later, the climate became more tolerable. The fertile lands close to the sea encouraged migrants back to the region. Vikings build the old trading port of Stockholm close to the freshwater Lake Mälaren around 1000 AD.
Swedish statesman Birger Jarl founded Stockholm in 1252.
The Bergslagen mines made this an essential locality for the iron trade. The word Stock means “log” in Swedish, and Holm means “islet”. The Old Town (Gamla Stan) was built on the central island next to the islet of Helgeandsholmen.
Stockholm became a significant factor in negotiations between the Danish Kings of the Kalmar Union and the National Independence movement in the 15th-century. 8 November 1520 saw a massacre of the opposition when Danish King Christian II entered the city. It was called the “Stockholm Bloodbath”. This led to further uprisings, eventually causing the breakup of the Kalmar Union. Gustav Vasa acceded to the throne in 1523. After that, Stockholm began to grown both in significance as a city and in population. In 1634, Stockholm became the capital of the Swedish empire. The implementation of new trading rules gave Stockholm a monopoly on trade between foreign merchants and other Swedish and Scandinavian territories. Stockholm thrived.
36 % of the population died in a plague in 1710.
The Great Northern War caused the city to stagnate, and economic growth slowed. By the second half of the 19th-century, Stockholm regained its force as a new industry emerged.
Modern architecture changed the face of Stockholm during the 60s. Only some of the original buildings remain. The city became a hub for high-tech and service industries. Stockholm’s metropolitan area is one of the fastest-growing regions in Europe, and its population is expected to reach 2.5 million by 2024. As a result, housing is at a premium, and there is not enough. Subsequently, there are plans to build modernistic high-rise buildings in the city centre connected by elevated walkways.