Goods and services expense (current LCU) in Sweden
Sweden: Goods and services expense (current LCU) was 119.67 billion current LCU in 2024. ◆ Volatile
Latest (2024)
119.67 billion current LCU
Change on year
up 7.1%
World rank
59th
of 155 countries
All-time high
119.67 billion current LCU
in 2024
All-time low
7.06 billion current LCU
in 1972
Years of data
53
1972–2024
Goods and services expense in Sweden, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Sweden recorded 119.67 billion current LCU for goods and services expense in 2024. That is the highest value across all 53 years on record.
The figure is up 7.1% on the previous year and up 53.5% over ten years.
Over the whole period, goods and services expense in Sweden peaked at 119.67 billion current LCU in 2024 and was at its lowest, 7.06 billion current LCU, in 1972.
Sweden ranks 59th of 155 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.
Goods and services expense (current LCU) in Sweden, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 7.06 billion current LCU | — |
| 1973 | 8.05 billion current LCU | +14.0% |
| 1974 | 9.26 billion current LCU | +15.0% |
| 1975 | 10.82 billion current LCU | +16.8% |
| 1976 | 11.77 billion current LCU | +8.8% |
| 1977 | 13.12 billion current LCU | +11.5% |
| 1978 | 14.57 billion current LCU | +11.1% |
| 1979 | 17.22 billion current LCU | +18.2% |
| 1980 | 19.65 billion current LCU | +14.1% |
| 1981 | 21.94 billion current LCU | +11.7% |
| 1982 | 22.12 billion current LCU | +0.8% |
| 1983 | 26.84 billion current LCU | +21.3% |
| 1984 | 26.96 billion current LCU | +0.4% |
| 1985 | 28.05 billion current LCU | +4.0% |
| 1986 | 30.71 billion current LCU | +9.5% |
| 1987 | 33.81 billion current LCU | +10.1% |
| 1988 | 38.14 billion current LCU | +12.8% |
| 1989 | 39.82 billion current LCU | +4.4% |
| 1990 | 46.07 billion current LCU | +15.7% |
| 1991 | 54.69 billion current LCU | +18.7% |
| 1992 | 56.76 billion current LCU | +3.8% |
| 1993 | 63.06 billion current LCU | +11.1% |
| 1994 | 67.41 billion current LCU | +6.9% |
| 1995 | 52.01 billion current LCU | -22.8% |
| 1996 | 47.85 billion current LCU | -8.0% |
| 1997 | 49.62 billion current LCU | +3.7% |
| 1998 | 56.12 billion current LCU | +13.1% |
| 1999 | 58.34 billion current LCU | +4.0% |
| 2000 | 56.16 billion current LCU | -3.7% |
| 2001 | 54.58 billion current LCU | -2.8% |
| 2002 | 56.39 billion current LCU | +3.3% |
| 2003 | 57.30 billion current LCU | +1.6% |
| 2004 | 56.09 billion current LCU | -2.1% |
| 2005 | 56.69 billion current LCU | +1.1% |
| 2006 | 58.87 billion current LCU | +3.8% |
| 2007 | 60.41 billion current LCU | +2.6% |
| 2008 | 61.75 billion current LCU | +2.2% |
| 2009 | 66.85 billion current LCU | +8.3% |
| 2010 | 70.13 billion current LCU | +4.9% |
| 2011 | 73.63 billion current LCU | +5.0% |
| 2012 | 73.80 billion current LCU | +0.2% |
| 2013 | 76.61 billion current LCU | +3.8% |
| 2014 | 77.97 billion current LCU | +1.8% |
| 2015 | 81.38 billion current LCU | +4.4% |
| 2016 | 81.80 billion current LCU | +0.5% |
| 2017 | 78.01 billion current LCU | -4.6% |
| 2018 | 81.33 billion current LCU | +4.3% |
| 2019 | 85.20 billion current LCU | +4.8% |
| 2020 | 81.06 billion current LCU | -4.9% |
| 2021 | 88.96 billion current LCU | +9.7% |
| 2022 | 102.44 billion current LCU | +15.2% |
| 2023 | 111.72 billion current LCU | +9.1% |
| 2024 | 119.67 billion current LCU | +7.1% |
Sweden compared with similar countries
- Sweden's 119.67 billion current LCU is above the median for high income countries, which is 14.51 billion current LCU, 8.2× the median. (57 countries reporting)
- Sweden's 119.67 billion current LCU is above the median for Europe & Central Asia, which is 17.80 billion current LCU, 6.7× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.48 billion current LCU | 7.06 billion current LCU | 17.22 billion current LCU | 8 |
| 1980s | 28.80 billion current LCU | 19.65 billion current LCU | 39.82 billion current LCU | 10 |
| 1990s | 55.19 billion current LCU | 46.07 billion current LCU | 67.41 billion current LCU | 10 |
| 2000s | 58.51 billion current LCU | 54.58 billion current LCU | 66.85 billion current LCU | 10 |
| 2010s | 77.99 billion current LCU | 70.13 billion current LCU | 85.20 billion current LCU | 10 |
| 2020s | 100.77 billion current LCU | 81.06 billion current LCU | 119.67 billion current LCU | 5 |
Countries ranked near Sweden
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 goods and services expense in Sweden?
- Goods and services expense in Sweden was 119.67 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Sweden?
- The highest recorded value was 119.67 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Sweden?
- The lowest recorded value was 7.06 billion current LCU in 1972.
- How does Sweden rank for goods and services expense?
- Sweden ranks 59th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Sweden?
- Over the last ten years it is up 53.5%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.