While current Swedish strategy carries a high risk of bringing it to that point, that statement is absolutely false right now. Swedish deaths per 1 million are currently 102, significantly lower than Spain (397), Italy (348), France (241), Belgium (383), etc.
The stat that they're specifically referring to is the case fatality rate, but that has a lot more to do with the denominator (Sweden's utter failure to test) than the numerator (actual number of deaths).
Source: https://www.worldometers.info/coronavirus/#countries