Annual government: Gross fixed capital formation … function fixed in Sweden
Sweden: Annual government: Gross fixed capital formation … function fixed was 352,916 National currency in 2024. ▲ Rising
Annual government expenditure by function (COFOG) — Gross fixed in Sweden, 1995–2024
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: Gross fixed capital formation … function fixed in Sweden, year by year
| 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% |
Sweden compared with similar countries
- Sweden's 352,916 National currency is above the median for high income countries, which is 93,394 National currency, 3.8× the median. (26 countries reporting)
- Sweden's 352,916 National currency is above the median for Europe & Central Asia, which is 78,345 National currency, 4.5× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 3 Poland 176,359 National currency compare
- 3 Hungary 3.46 million National currency compare
- 3 Croatia 4,494 National currency compare
- 4 Netherlands 36,895 National currency compare
- 4 United States 985,722 National currency compare
- 5 Slovenia 3,462 National currency compare
- 5 Czechia 376,546 National currency compare
- 6 Lithuania 3,326 National currency compare
- 7 Latvia 2,561 National currency compare
- 7 Norway 282,385 National currency compare
- 8 Iceland 182,288 National currency compare
- 8 Estonia 2,478 National currency compare
- 9 Germany 132,292 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)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
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.
Download this data
CSV · JSON — 30 observations, free to reuse under OECD Terms and Conditions (attribution required).
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