Sweden: Primary budget balance
* indicates monthly or quarterly data series
| Sweden |
Primary budget balance, percent of GDP |
|---|---|
| Latest value | -1.61 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1990 - 2024 |
| Average | 0.10 |
| Min - Max | -9.90 - 5.19 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is -1.61 percent, a decline from -0.43 percent in 2023. In comparison, the world average is -1.04 percent, based on data from 179 countries. Historically, the average for Sweden from 1990 to 2024 is 0.1 percent. The minimum value, -9.9 percent, was reached in 1993 while the maximum of 5.19 percent was recorded in 2000.
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* indicates monthly or quarterly data series
| Recent values | Sweden: Primary budget balance |
|---|---|
| 2024 | -1.61 |
| 2023 | -0.43 |
| 2022 | 1.19 |
| 2021 | -0.15 |
| 2020 | -3.22 |
| 2019 | 0.43 |
| 2018 | 0.71 |
| 2017 | 1.32 |
Definition: The difference between a government's total revenue and its total expenditure, excluding interest payments on its outstanding debt. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 26.43 | 2025 | percent |
| Government spending, in dollars | 176.83 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -1.72 | 2024 | percent |
| Primary budget balance | -1.61 | 2024 | percent |
| Government expenditure | 458.38 | Q2/2026 | billion |
| Long-term interest rate | 3.02 | 8/2026 | percent |
| Tax revenue | 27.23 | 2024 | percent |
| Taxes on goods and services | 34.65 | 2024 | percent |
| Taxes on international trade | 0.88 | 1994 | percent |
| Income and profits taxes | 18.18 | 2024 | percent |
| Government debt | 32.99 | 2024 | percent |
| Government debt in foreign currency, percent | 5.20 | 2024 | percent |
| Government debt held by non-residents | 13.95 | 2024 | percent |
| Sovereign debt average maturity | 2.97 | 2024 | percent |
| Short-term government debt | 11.80 | 2024 | percent |