Annual government: Gross capital formation … acquisitions in Sweden
Sweden: Annual government: Gross capital formation … acquisitions was 362,603 National currency in 2024. ▲ Rising
Annual government expenditure by function (COFOG) — Gross capital in Sweden, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Sweden recorded 362,603 National currency for annual government expenditure by function (cofog) — gross capital in 2024. That is the highest value across all 30 years on record.
That represents a change of up 9.8% on the previous year and up 97.2% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross capital in Sweden peaked at 362,603 National currency in 2024 and was at its lowest, 72,615 National currency, in 1998.
Sweden ranks 8th of 28 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Annual government: Gross capital formation … acquisitions in Sweden, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 94,614 National currency | — |
| 1996 | 84,997 National currency | -10.2% |
| 1997 | 89,538 National currency | +5.3% |
| 1998 | 72,615 National currency | -18.9% |
| 1999 | 94,186 National currency | +29.7% |
| 2000 | 88,373 National currency | -6.2% |
| 2001 | 98,856 National currency | +11.9% |
| 2002 | 110,104 National currency | +11.4% |
| 2003 | 109,329 National currency | -0.7% |
| 2004 | 111,340 National currency | +1.8% |
| 2005 | 105,304 National currency | -5.4% |
| 2006 | 120,610 National currency | +14.5% |
| 2007 | 128,538 National currency | +6.6% |
| 2008 | 139,636 National currency | +8.6% |
| 2009 | 142,815 National currency | +2.3% |
| 2010 | 154,595 National currency | +8.2% |
| 2011 | 163,260 National currency | +5.6% |
| 2012 | 168,575 National currency | +3.3% |
| 2013 | 173,965 National currency | +3.2% |
| 2014 | 183,885 National currency | +5.7% |
| 2015 | 192,118 National currency | +4.5% |
| 2016 | 195,238 National currency | +1.6% |
| 2017 | 215,824 National currency | +10.5% |
| 2018 | 240,249 National currency | +11.3% |
| 2019 | 254,898 National currency | +6.1% |
| 2020 | 264,658 National currency | +3.8% |
| 2021 | 265,315 National currency | +0.2% |
| 2022 | 297,316 National currency | +12.1% |
| 2023 | 330,332 National currency | +11.1% |
| 2024 | 362,603 National currency | +9.8% |
Sweden compared with similar countries
- Sweden's 362,603 National currency is above the median for high income countries, which is 92,572 National currency, 3.9× the median. (27 countries reporting)
- Sweden's 362,603 National currency is above the median for Europe & Central Asia, which is 79,675 National currency, 4.6× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 87,190 National currency | 72,615 National currency | 94,614 National currency | 5 |
| 2000s | 115,490 National currency | 88,373 National currency | 142,815 National currency | 10 |
| 2010s | 194,261 National currency | 154,595 National currency | 254,898 National currency | 10 |
| 2020s | 304,045 National currency | 264,658 National currency | 362,603 National currency | 5 |
Countries ranked near Sweden
- 5 Slovenia 3,509 National currency compare
- 5 United States 1.01 million National currency compare
- 6 Lithuania 3,424 National currency compare
- 6 Costa Rica 846,642 National currency compare
- 7 Czechia 381,072 National currency compare
- 7 Estonia 2,780 National currency compare
- 8 Latvia 2,714 National currency compare
- 9 Norway 283,224 National currency compare
- 10 Iceland 186,101 National currency compare
- 11 France 132,089 National currency compare
More public sector data for Sweden
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 146.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 6.24 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -32.65 % change on previous year (2024)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross capital in Sweden?
- Annual government expenditure by function (cofog) — gross capital in Sweden was 362,603 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross capital recorded in Sweden?
- The highest recorded value was 362,603 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Sweden?
- The lowest recorded value was 72,615 National currency in 1998.
- How does Sweden rank for annual government expenditure by function (cofog) — gross capital?
- Sweden ranks 8th out of 28 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross capital rising or falling in Sweden?
- Over the last ten years it is up 97.2%. The long-run trend across the full record is rising.
- Where does this Sweden data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.
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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