Also on the table at the US-Nordic Leaders Summit, which comes after a similar meeting when Obama went to Sweden in September 2013, will be the refugee crisis roiling Europe.
"The summit in Washington is important for relations between the Nordic region and the United States," Prime Miinster Stefan Löfven said in a statement.
"For Sweden, it is a good opportunity to develop and deepen our already broad cooperation with the US."
The leaders of Denmark, Finland, Iceland, Norway and Sweden will be in attendance and there will be a state dinner in the evening hosted by Obama and his wife Michelle.
"This summit will be an opportunity to continue our close collaboration with the Nordic countries on a range of issues," the White House said in a statement, referring also to the environment, "Arctic issues... and addressing the migration and refugee crisis in a humane and orderly way."
"This summit will deepen US-Nordic cooperation while highlighting America's continued commitment to European security, trans-Atlantic trade, and the promotion of common democratic values."