Government Spending in Sweden decreased to 318880 SEK Million in the second quarter of 2020 from 326592 SEK Million in the first quarter of 2020.

Government Spending in Sweden averaged 262466.58 SEK Million from 1981 until 2020, reaching an all time high of 326592 SEK Million in the first quarter of 2020 and a record low of 201283 SEK Million in the first quarter of 1981. This page provides - Sweden Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Government Spending - values, historical data and charts - was last updated on September of 2020. source: Statistics Sweden

Government Spending in Sweden is expected to be 323000.00 SEK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Sweden to stand at 328500.00 in 12 months time. In the long-term, the Sweden Government Spending is projected to trend around 326400.00 SEK Million in 2021 and 330000.00 SEK Million in 2022, according to our econometric models.

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Sweden Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
318880.00 326592.00 326592.00 201283.00 1981 - 2020 SEK Million Quarterly
Constant Prices 2019, SA

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 74259.00 -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 7481.00 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 Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.