Sweden recorded a Government Budget surplus equal to 0.50 percent of the country's Gross Domestic Product in 2019.

Government Budget in Sweden averaged 0.02 percent of GDP from 1995 until 2019, reaching an all time high of 3.40 percent of GDP in 2007 and a record low of -7 percent of GDP in 1995. This page provides - Sweden Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Government Budget - values, historical data and charts - was last updated on September of 2020. source: Eurostat

Government Budget in Sweden is expected to reach -6.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Government Budget is projected to trend around -2.30 percent of GDP in 2021 and 0.50 percent of GDP in 2022, according to our econometric models.

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Sweden Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.80 3.40 -7.00 1995 - 2019 percent of GDP Yearly

Sweden Government Last Previous Highest Lowest Unit
Government Debt to GDP 35.10 38.80 72.40 35.10 percent [+]
Government Budget 0.50 0.80 3.40 -7.00 percent of GDP [+]
Government Budget Value -34432.00 -56526.00 74438.00 -132567.00 SEK Million [+]
Government Spending 318880.00 326592.00 326592.00 201283.00 SEK Million [+]
Government Spending to GDP 49.30 49.80 70.50 49.30 percent [+]
Government Revenues 70002.00 43217.00 144142.00 2727.00 SEK Million [+]
Government Debt 1180767.00 1185724.00 1448859.00 11740.00 SEK Million [+]
Fiscal Expenditure 104435.00 99743.00 160780.00 1377.00 SEK Million [+]
Credit Rating 100.00 [+]
Military Expenditure 5733.00 5527.00 6607.00 3678.00 USD Million [+]
Asylum Applications 785.00 850.00 38535.00 785.00 persons [+]


Sweden Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.