Sweden vs United States: Annual government expenditure by function (COFOG) — Gross fixed

Sweden
352,916 National currency
in 2024
United States
985,722 National currency
in 2024
Sweden rank
6th
United States rank
4th

Annual government expenditure by function (COFOG) — Gross fixed over time

  • Sweden
  • United States
0200.0k400.0k600.0k800.0k1.0M197019972024

How they compare

United States currently reports 985,722 National currency against 352,916 National currency in Sweden, a difference of 632,806 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 6th and United States ranks 4th of 27 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 94,660 National currency 314,096 National currency 219,436 National currency United States
2000s 121,051 National currency 483,386 National currency 362,335 National currency United States
2010s 197,384 National currency 619,470 National currency 422,087 National currency United States
2020s 305,246 National currency 862,293 National currency 557,047 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 fixed, Sweden or United States?
United States, at 985,722 National currency against 352,916 National currency in Sweden as of 2024.
What is the difference in annual government expenditure by function (cofog) — gross fixed between Sweden and United States?
632,806 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 fixed?
Sweden ranks 6th and United States ranks 4th of 27 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government expenditure by function (COFOG) — Gross fixed capital formation. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Sweden vs United States: Annual government expenditure by function (COFOG) — Gross fixed. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 02 September 2026, from https://public-sector.statizoid.com/compare/annual-government-expenditure-by-function-cofog-gross-fixed-capital-formation/sweden/united-states/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under OECD Terms and Conditions (attribution required); please keep the attribution.

<a href="https://public-sector.statizoid.com/compare/annual-government-expenditure-by-function-cofog-gross-fixed-capital-formation/sweden/united-states/">Sweden vs United States: Annual government expenditure by function (COFOG) — Gross fixed</a> — Statizoid

About this data

Indicator
Annual government expenditure by function (COFOG) — Gross fixed capital formation
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,116 data points, 1970–2025
Last refreshed

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