The Manchester City striker is fit again after a recent knee injury but manager John Toshack has chosen to stick with the youthful attack that impressed against Scotland in November.
Take a break: Bellamy (left) will not be adding to his 58 caps against Sweden
The decision may raise question marks over the 30-year-old's international future but he is thought likely to come back into consideration for the start of the Euro 2012 qualifying campaign next season.
By leaving out Bellamy, Toshack has steered clear of a potential club-versus-country row with City, who face crucial Barclays Premier League games against Chelsea and Tottenham either side of the international.
Wales squad to face SwedenHennessey (Wolves), Myhill (Hull), Bale (Tottenham), Collins (AstonVilla), Eardley (Blackpool), Gunter (Nott Forest), Morgan(Peterborough), Nyatanga (Bristol City), Ricketts (Bolton), Williams(Swansea), Collison (West Ham), Crofts (Brighton), Davies (Fulham),Dorman (St Mirren), King (Leicester), Ramsey (Arsenal), Vaughan(Blackpool), Church (Reading), Cotterill (Swansea), Earnshaw(Nott Forest), Vokes (Wolves) Evans (Sheffield United)
Bellamy is one of Wales' senior stars having scored 17 goals in 58 appearances. His absence is likely to mean Sheffield United's Ched Evans will again partner Simon Church of Reading up front.
The squad has a youthful look, with the likes of Aaron Ramsey, Jack Collison and Gareth Bale included, but there is also a recall for Fulham's Simon Davies.
The 30-year-old midfielder has not featured since back-to-back World Cup qualifying defeats to Germany and Finland a year ago.
West Ham's Danny Gabbidon is the other notable absentee due to a hamstring injury. Wales are seeking a fifth win in eight games and a third in succession for only the third time since 2000. Interestingly Bellamy, who has captained the side under Toshack, did not feature in any of the four previous wins.
Swansea's Ashley Williams, on home turf at the Liberty Stadium, and James Collins of Aston Villa are thought to be the favourites to captain the team.
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