The Liberals (Swedish: Liberalerna, L), formerly known as the Liberal People's Party (Swedish: Folkpartiet liberalerna, FP) until 22 November 2015, is a political party in Sweden generally described as liberal or conservative-liberal. The party is a member of the Liberal International and Renew Europe.

The Liberals are considered centre-right, but have historically been situated in the centre of the Swedish political landscape. Since the leadership of Lars Leijonborg and Jan Björklund in the 2000s, the party has increasingly adopted more conservative-liberal positions.

Since 2022, the Liberals have been a junior partner in the Kristersson cabinet, a centre-right coalition with the Moderate Party and the Christian Democrats, which relies on the parliamentary support of the Sweden Democrats.

In 1902, the Free-minded National Association (Frisinnade Landsföreningen) was formed, rooted in the Swedish suffrage movement of the late 19th century. It became the national organization of the parliamentary Liberal Coalition Party – political parties in Sweden had until this point mainly constituted informal groupings of like-minded members of parliament.

Universal suffrage was the primary goal of the liberal governments of prime minister Karl Staaff (1905–1907, 1911–14). During the Liberal–Social-Democratic coalition government of Nils Edén (1917–1920), univeral suffrage was finally achieved.

The People's Party came to be part of the opposition from the thirties and onwards, opposing Social Democrat demands for nationalization of private businesses.^{[citation needed]}

The Free-minded National Association split in 1923 over the question alcohol prohibition; the anti-ban minority broke away to form the Liberal Party of Sweden. The Free-minded went on to lead several governments during the following years.

The two parties reconciled in 1934 and merged to form the party in its present shape – the People's Party (Folkpartiet).