New Democracy (Swedish: Ny Demokrati, NyD) was a political party in Sweden, founded in 1991 and elected into the Riksdag in its first election, falling equally fast out again in 1994. Following its exit from the Riksdag, New Democracy, however, continued its decline, which culminated in 2000 when it was finally declared bankrupt, retaining only one city council post at the time (until 2002). Numerous local fractions were reformed into minor parties (such as Sjöbopartiet), facing mixed success.