Sweden vs United Kingdom: Taxes on income, profits and capital gains (current LCU)

Sweden
383.48 billion current LCU
in 2024
United Kingdom
409.19 billion current LCU
in 2024
Sweden rank
55th
United Kingdom rank
53rd

Taxes on income, profits and capital gains (current LCU) over time

  • Sweden
  • United Kingdom
0100.0B200.0B300.0B400.0B197219982024

How they compare

United Kingdom currently reports 409.19 billion current LCU against 383.48 billion current LCU in Sweden, a difference of 25.71 billion current LCU.

That makes United Kingdom's figure about 1.1 times Sweden's.

The two have swapped places 9 times across 53 shared years of data; in 1972 it was Sweden ahead.

Sweden ranks 55th and United Kingdom ranks 53rd of 153 countries.

Across the 6 decades both report, Sweden averaged higher in 2 and United Kingdom in 4.

Head to head by decade

Decade Sweden United Kingdom Difference Ahead
1970s 24.30 billion current LCU 16.89 billion current LCU 7.41 billion current LCU Sweden
1980s 58.48 billion current LCU 50.01 billion current LCU 8.46 billion current LCU Sweden
1990s 80.56 billion current LCU 95.90 billion current LCU 15.34 billion current LCU United Kingdom
2000s 161.70 billion current LCU 172.76 billion current LCU 11.06 billion current LCU United Kingdom
2010s 214.59 billion current LCU 221.49 billion current LCU 6.90 billion current LCU United Kingdom
2020s 328.11 billion current LCU 336.09 billion current LCU 7.97 billion current LCU United Kingdom

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on income, profits and capital gains, Sweden or United Kingdom?
United Kingdom, at 409.19 billion current LCU against 383.48 billion current LCU in Sweden as of 2024.
What is the difference in taxes on income, profits and capital gains between Sweden and United Kingdom?
25.71 billion current LCU, with United Kingdom ahead.
How many years of comparable data are there for Sweden and United Kingdom?
53 years are reported by both, from 1972 to 2024.
How do Sweden and United Kingdom rank globally for taxes on income, profits and capital gains?
Sweden ranks 55th and United Kingdom ranks 53rd of 153 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Sweden vs United Kingdom: Taxes on income, profits and capital gains. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 08 November 2026, from https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-current-lcu/sweden/united-kingdom/

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About this data

Indicator
Taxes on income, profits and capital gains (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 4,591 data points, 1972–2024
Last refreshed

Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.