Deficit, Percent of own spending in Sweden
Sweden: Deficit, Percent of own spending was -0.1602 in 2020. ◆ Volatile
Deficit, Percent of own spending in Sweden, 1991–2020
Source: International Monetary Fund.
Analysis
The most recent figure for deficit, percent of own spending in Sweden is -0.1602, measured in 2020.
Compared with earlier readings it is down 287.7% on the previous year and down 603.7% over ten years.
Over the whole period, deficit, percent of own spending in Sweden peaked at 0.2958 in 2001 and was at its lowest, -0.4035, in 1993.
That places Sweden 18th out of 66 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deficit, Percent of own spending in Sweden, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | -0.0958 | — |
| 1992 | -0.1772 | +84.9% |
| 1993 | -0.4035 | +127.7% |
| 1994 | -0.3423 | -15.2% |
| 1995 | -0.227 | -33.7% |
| 1996 | -0.1119 | -50.7% |
| 1997 | -0.0554 | -50.5% |
| 1998 | -0.0058 | -89.5% |
| 1999 | 0.108 | -1952.1% |
| 2000 | 0.1452 | +34.5% |
| 2001 | 0.2958 | +103.8% |
| 2002 | -0.0788 | -126.6% |
| 2003 | -0.0806 | +2.3% |
| 2004 | -0.0311 | -61.5% |
| 2005 | 0.0217 | -169.9% |
| 2006 | 0.0493 | +127.3% |
| 2007 | 0.1155 | +134.2% |
| 2008 | 0.0589 | -49.0% |
| 2009 | -0.0389 | -166.0% |
| 2010 | -0.0228 | -41.4% |
| 2011 | -0.0274 | +20.5% |
| 2012 | -0.0639 | +132.9% |
| 2013 | -0.0677 | +5.9% |
| 2014 | -0.0713 | +5.3% |
| 2015 | 0.0089 | -112.6% |
| 2016 | 0.0887 | +892.0% |
| 2017 | 0.1037 | +16.9% |
| 2018 | 0.0852 | -17.8% |
| 2019 | 0.0853 | +0.1% |
| 2020 | -0.1602 | -287.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.1457 | -0.4035 | 0.108 | 9 |
| 2000s | 0.0457 | -0.0806 | 0.2958 | 10 |
| 2010s | 0.0119 | -0.0713 | 0.1037 | 10 |
| 2020s | -0.1602 | -0.1602 | -0.1602 | 1 |
Countries ranked near Sweden
More public sector data for Sweden
- Arms imports 66.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 66.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,139 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0199 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 37.53 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 12.04 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 240.63 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is deficit, percent of own spending in Sweden?
- Deficit, percent of own spending in Sweden was -0.1602 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Sweden?
- The highest recorded value was 0.2958 in 2001.
- What is the lowest deficit, percent of own spending recorded in Sweden?
- The lowest recorded value was -0.4035 in 1993.
- How does Sweden rank for deficit, percent of own spending?
- Sweden ranks 18th out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in Sweden?
- Over the last ten years it is down 603.7%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from International Monetary Fund, published as part of Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.