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Central government debt to GDP ratio in Sweden 2006-2022

The ratio of the Swedish central government debt to gross domestic product fluctuated over the years but decreased annually since 2014. The lowest GDP ratio was measured in 2019 at 22 percent. In 2020, it increased again and amounted to 26 percent. The debt in 2019 was around 1.1 trillion Swedish kronor, but was forecast to increase in 2020 and 2021.

Higher government incomes than expenditures in 2017

      The government debt is affected by the relationship between the central government’s expenditures and incomes. In 2019, the governments income was around one trillion Swedish kronor, which was lower than the expenditures that amounted to around 940 billion Swedish kronor, which means a decrease in government debt.  

Fluctuation expenses for the EU budget

   The government debt decreased between 2016 and 2017, but when looking at the growth in consolidated gross debt (excluding government securities) as share of the gross domestic product, it shows an increase between the two years of 0.3 percent.

Central government debt to GDP ratio in Sweden from 2006 to 2020, with a forecast to 2022

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Source

Release date

2021

Region

Sweden

Survey time period

2006 to 2022

Supplementary notes

*Forecasts.

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