They are 11th, worldwide, in deaths per million of population (88). The US is 15th (57).
https://www.worldometers.info/coronavirus/#countries
I have to revise what I just posted earlier, Norway is actually at 1/4 of Sweden's number, not half (21 deaths per million).
For the US, New York has 400 deaths per million population, and then 4 other states are above Sweden's rate: New Jersey (218), Michigan (162), Louisianna (129), and Connecticut (125). If you removed New York/New Jersey, the US would probably have a rate more on par with Norway.
So in terms of how many people are dying now, Sweden is not doing great. But the total number of deaths does not look that different from an extreme flu season, and they have not totally disrupted their lives. And will they progress toward herd immunity faster? Is there such a thing as herd immunity with COVID (we presume there will be, but don't know for sure)?
This thing is not clear-cut: National Review states that the Sweden experiment proves that harsh lockdown is not necessary, and Time states that the Sweden experiment is going to backfire and prove that the lockdown is necessary. How about we keep an open mind, keep our eyes on the situation, and try to learn what we can instead of immediately politicizing every tiny scrap of data?