Annual government expenditure by function (COFOG) — Gross fixed in Sweden

Sweden: Annual government expenditure by function (COFOG) — Gross fixed was 352,916 National currency in 2024. ▲ Rising

Latest (2024)
352,916 National currency
Change on year
up 6.0%
World rank
6th
of 27 countries
All-time high
352,916 National currency
in 2024
All-time low
88,354 National currency
in 1997
Years of data
30
1995–2024

Annual government expenditure by function (COFOG) — Gross fixed in Sweden, 1995–2024

100.0k200.0k300.0k400.0k1995200920241995: 96.7k National currency1996: 95.6k National currency1997: 88.4k National currency1998: 92.5k National currency1999: 100.2k National currency2000: 94.5k National currency2001: 103.7k National currency2002: 112.9k National currency2003: 113.1k National currency2004: 116.5k National currency2005: 111.9k National currency2006: 126.8k National currency2007: 134.4k National currency2008: 147.1k National currency2009: 149.8k National currency2010: 161.7k National currency2011: 165.2k National currency2012: 171.5k National currency2013: 176.0k National currency2014: 186.1k National currency2015: 190.7k National currency2016: 202.4k National currency2017: 222.1k National currency2018: 243.1k National currency2019: 255.1k National currency2020: 269.1k National currency2021: 273.7k National currency2022: 297.5k National currency2023: 333.0k National currency2024: 352.9k National currency

Source: Organisation for Economic Co-operation and Development. Measured in National currency.

Analysis

In 2024, annual government expenditure by function (cofog) — gross fixed in Sweden stood at 352,916 National currency. That is the highest value across all 30 years on record.

Compared with earlier readings it is up 6.0% on the previous year and up 89.6% over ten years.

Over the whole period, annual government expenditure by function (cofog) — gross fixed in Sweden peaked at 352,916 National currency in 2024 and was at its lowest, 88,354 National currency, in 1997.

Sweden ranks 6th of 27 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 30 years of available data.

Annual government expenditure by function (COFOG) — Gross fixed in Sweden, year by year

Annual values for Annual government expenditure by function (COFOG) — Gross fixed capital formation in Sweden, 1995 to 2024.
Year National currency Change
1995 96,669 National currency
1996 95,591 National currency -1.1%
1997 88,354 National currency -7.6%
1998 92,479 National currency +4.7%
1999 100,206 National currency +8.4%
2000 94,463 National currency -5.7%
2001 103,671 National currency +9.7%
2002 112,890 National currency +8.9%
2003 113,122 National currency +0.2%
2004 116,529 National currency +3.0%
2005 111,867 National currency -4.0%
2006 126,754 National currency +13.3%
2007 134,390 National currency +6.0%
2008 147,061 National currency +9.4%
2009 149,759 National currency +1.8%
2010 161,676 National currency +8.0%
2011 165,242 National currency +2.2%
2012 171,459 National currency +3.8%
2013 175,963 National currency +2.6%
2014 186,094 National currency +5.8%
2015 190,676 National currency +2.5%
2016 202,437 National currency +6.2%
2017 222,084 National currency +9.7%
2018 243,086 National currency +9.5%
2019 255,118 National currency +4.9%
2020 269,055 National currency +5.5%
2021 273,683 National currency +1.7%
2022 297,548 National currency +8.7%
2023 333,030 National currency +11.9%
2024 352,916 National currency +6.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 94,660 National currency 88,354 National currency 100,206 National currency 5
2000s 121,051 National currency 94,463 National currency 149,759 National currency 10
2010s 197,384 National currency 161,676 National currency 255,118 National currency 10
2020s 305,246 National currency 269,055 National currency 352,916 National currency 5

Countries ranked near Sweden

  1. 3 Hungary 3.46 million National currency compare
  2. 4 United States of America 985,722 National currency compare
  3. 5 Czechia 376,546 National currency compare
  4. 7 Norway 282,385 National currency compare
  5. 8 Iceland 182,288 National currency compare
  6. 9 Germany 132,292 National currency compare

See the full ranking of 38 places →

More public sector data for Sweden

All data for Sweden →

Frequently asked questions

What is annual government expenditure by function (cofog) — gross fixed in Sweden?
Annual government expenditure by function (cofog) — gross fixed in Sweden was 352,916 National currency in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual government expenditure by function (cofog) — gross fixed recorded in Sweden?
The highest recorded value was 352,916 National currency in 2024.
What is the lowest annual government expenditure by function (cofog) — gross fixed recorded in Sweden?
The lowest recorded value was 88,354 National currency in 1997.
How does Sweden rank for annual government expenditure by function (cofog) — gross fixed?
Sweden ranks 6th out of 27 countries with data for 2024.
Is annual government expenditure by function (cofog) — gross fixed rising or falling in Sweden?
Over the last ten years it is up 89.6%. 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 fixed capital formation. Statizoid updates them automatically from the source API.

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Annual government expenditure by function (COFOG) — Gross fixed in Sweden. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 22 August 2026, from https://public-sector.statizoid.com/stat/annual-government-expenditure-by-function-cofog-gross-fixed-capital-formation/sweden/

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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