Expense in Sweden
Sweden: Expense was 1.89 trillion current LCU in 2022. ◆ Volatile
Expense in Sweden, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in Sweden is 1.89 trillion current LCU, measured in 2022. That is the highest value across all 51 years on record.
That represents a change of up 5.1% on the previous year and up 53.8% over ten years.
Over the whole period, expense in Sweden peaked at 1.89 trillion current LCU in 2022 and was at its lowest, 53.64 billion current LCU, in 1972.
Sweden ranks 47th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 103.18 billion current LCU | 53.64 billion current LCU | 177.08 billion current LCU | 8 |
| 1980s | 347.32 billion current LCU | 202.43 billion current LCU | 477.55 billion current LCU | 10 |
| 1990s | 729.72 billion current LCU | 545.13 billion current LCU | 824.79 billion current LCU | 10 |
| 2000s | 958.32 billion current LCU | 831.65 billion current LCU | 1.13 trillion current LCU | 10 |
| 2010s | 1.36 trillion current LCU | 1.18 trillion current LCU | 1.58 trillion current LCU | 10 |
| 2020s | 1.81 trillion current LCU | 1.75 trillion current LCU | 1.89 trillion current LCU | 3 |
Countries ranked near Sweden
More public sector data for Sweden
- Arms imports 66.00 million SIPRI trend indicator values (2024)
- Tax revenue 27.2% (2024)
- Taxes on income, profits and capital gains 18.2% (2024)
- Taxes on goods and services 34.7% (2024)
- Net investment in nonfinancial assets 2.9% (2024)
- Net lending (+) / net borrowing (-) -0.7% (2024)
- Interest payments 1.1% (2024)
- Grants and other revenue 7.3% (2024)
- Interest payments 1.4% (2022)
- Other taxes 29.7% (2024)
Frequently asked questions
- What is expense in Sweden?
- Expense in Sweden was 1.89 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Sweden?
- The highest recorded value was 1.89 trillion current LCU in 2022.
- What is the lowest expense recorded in Sweden?
- The lowest recorded value was 53.64 billion current LCU in 1972.
- How does Sweden rank for expense?
- Sweden ranks 47th out of 157 countries with data for 2022.
- Is expense rising or falling in Sweden?
- Over the last ten years it is up 53.8%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. 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.