Sweden: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Sweden

Government spending as percent of GDP

 Latest value 24.82
 Year 2022
 Measure percent
 Data availability 1960 - 2022
 Average 23.87
 Min - Max 15.04 - 27.52
 Source The World Bank
For that indicator, we provide data for Sweden from 1960 to 2022. The average value for Sweden during that period was 23.87 percent with a minimum of 15.04 percent in 1961 and a maximum of 27.52 percent in 1981. The latest value from 2022 is 24.82 percent. For comparison, the world average in 2022 based on 143 countries is 16.25 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Sweden - Government spending, percent of GDP - Recent values chart

Historical chart
Sweden - Government spending, percent of GDP - historical chart - 1960-2022




The government size of Sweden and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 24.82 2022 percent
 Government spending, in dollars 147.40 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 0.70 2022 percent
 Government debt 33.00 2022 percent
 Government expenditure 395.21 Q3/2023 billion
 Long-term government bond yield 2.89 9/2023 percent
 Tax revenue 27.21 2021 percent
 Commercial tax rate 49.10 2019 percent
 Tax preparation time 122 2019 hours
 Number of taxes 6 2019 taxes
 Taxes on goods and services 37.29 2021 percent
 Taxes on international trade 0.88 1994 percent
 Income and profits taxes 16.58 2021 percent
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