Sweden vs United States: Annual government: Gross capital formation … acquisitions
Annual government: Gross capital formation … acquisitions over time
- Sweden
- United States
How they compare
United States currently reports 1.01 million National currency against 362,603 National currency in Sweden, a difference of 643,607 National currency.
That makes United States's figure about 2.8 times Sweden's.
Across all 30 years both countries report, United States has been ahead every year.
Sweden ranks 8th and United States ranks 5th of 28 countries.
United States has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Sweden | United States | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 87,190 National currency | 315,275 National currency | 228,085 National currency | United States |
| 2000s | 115,490 National currency | 489,509 National currency | 374,018 National currency | United States |
| 2010s | 194,261 National currency | 626,754 National currency | 432,493 National currency | United States |
| 2020s | 304,045 National currency | 856,105 National currency | 552,060 National currency | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual government expenditure by function (cofog) — gross capital, Sweden or United States?
- United States, at 1.01 million National currency against 362,603 National currency in Sweden as of 2024.
- What is the difference in annual government expenditure by function (cofog) — gross capital between Sweden and United States?
- 643,607 National currency, with United States ahead.
- How many years of comparable data are there for Sweden and United States?
- 30 years are reported by both, from 1995 to 2024.
- How do Sweden and United States rank globally for annual government expenditure by function (cofog) — gross capital?
- Sweden ranks 8th and United States ranks 5th of 28 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org