1991
Right bloc · MCarl Bildt ends 61 years of Social Democrat dominance with a four-party coalition.
1991 infographic: Carl Bildt ends 61 years of Social Democrat dominance wit…
AI-generated infographic using the page's 1991 anchors.
Highlights
- 1991 election: The Social Democrats fell to 37.7%, their worst result since 1928. On 4 October Carl Bildt was sworn in as the first conservative prime minister since 1930, leading a Moderate–Centre–Liberal–Christian Democrat coalition.
- New Democracy enters parliament: The populist Ny demokrati party surprised by clearing the 4% threshold with 6.7%, while the Greens lost all their seats — leaving the Bildt government dependent on Ny demokrati's support.
- Financial crisis deepens: GDP contracted 1.3%; commercial property values continued to collapse and bank losses mounted, forcing the government to begin planning a state bank-rescue mechanism.
Events in this year
1991 Carola wins Eurovision 1991 for Sweden Eurovision records Carola winning the 1991 contest for Sweden with Fångad Av En Stormvind after a tie-break against France. Culture 1991-1993 Swedish Banking Crisis 1991–1993 Following the November 1985 financial deregulation, the Swedish real-estate bubble burst from autumn 1990. The Bildt cabinet issued a general bank-obligations guarantee, created the Securum bad bank, and let the krona float on 19 November 1992. GDP fell 5.1 percent over 1991–1993 and total net fiscal cost stayed near 2 percent of GDP, making the Swedish response a globally cited template for systemic banking resolution. Crisis 1991-09-15 1991 Swedish General Election and Ny Demokrati Riksdag Entry On 15 September 1991 the right-wing populist Ny Demokrati entered the Riksdag with 6.73% and 25 seats, the first populist breakthrough in modern Swedish parliamentary politics. The four-party Bildt coalition (M, FP, C, KD) replaced Carlsson II and depended on Ny Demokrati for its majority. Election