Sweden, officially the Kingdom of Sweden, is a Nordic country on the Scandinavian Peninsula in Northern Europe. It has borders with Norway and Finland. It has been a member of the European Union since January 1, 1995. Its capital city is Stockholm.Sweden is the third largest country by area in Western Europe and fifth in all of Europe. Sweden has a low population density of 20 people per square kilometre, except in its metropolitan areas; 84% of the population lives in urban areas, which comprise only 1.3% of the country's total land area and are much more dense than the countryside at about 1,300 people per square kilometre. The inhabitants of Sweden enjoy a high standard of living, and the country is generally perceived as modern and liberal, with an organisational and corporate culture that is non-hierarchical and collectivist compared to its Anglo-Saxon counterparts. Nature conservation, environmental protection and energy efficiency are generally prioritized in policy making and embraced by the general public in Sweden.