Interest, payable, Ratio of this level of government's expenditure on in Sweden
Sweden: Interest, payable, Ratio of this level of government's expenditure on was 0.7447 in 2020. ▼ Falling
Interest, payable, Ratio of this level of government's expenditure on in Sweden, 1991–2020
Source: International Monetary Fund.
Analysis
Sweden recorded 0.7447 for interest, payable, ratio of this level of government's expenditure on in 2020. That is the lowest value across all 30 years on record.
That represents a change of down 5.6% on the previous year and down 11.5% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in Sweden peaked at 1.11 in 1995 and was at its lowest, 0.7447, in 2020.
That places Sweden 72nd out of 80 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Interest, payable, Ratio of this level of government's expenditure on in Sweden, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 0.8638 | — |
| 1992 | 0.8566 | -0.8% |
| 1993 | 0.8826 | +3.0% |
| 1994 | 0.9185 | +4.1% |
| 1995 | 1.11 | +21.1% |
| 1996 | 1.09 | -1.7% |
| 1997 | 1.09 | -0.3% |
| 1998 | 1.07 | -1.8% |
| 1999 | 1.07 | +0.2% |
| 2000 | 1.08 | +0.3% |
| 2001 | 0.9714 | -9.8% |
| 2002 | 0.9257 | -4.7% |
| 2003 | 0.8864 | -4.3% |
| 2004 | 0.9011 | +1.7% |
| 2005 | 0.8998 | -0.1% |
| 2006 | 0.8983 | -0.2% |
| 2007 | 0.8615 | -4.1% |
| 2008 | 0.8189 | -4.9% |
| 2009 | 0.8381 | +2.3% |
| 2010 | 0.8414 | +0.4% |
| 2011 | 0.8231 | -2.2% |
| 2012 | 0.7662 | -6.9% |
| 2013 | 0.8041 | +5.0% |
| 2014 | 0.8174 | +1.7% |
| 2015 | 0.8192 | +0.2% |
| 2016 | 0.8116 | -0.9% |
| 2017 | 0.7961 | -1.9% |
| 2018 | 0.8252 | +3.7% |
| 2019 | 0.7888 | -4.4% |
| 2020 | 0.7447 | -5.6% |
Sweden compared with similar countries
- Sweden's 0.7447 is below the median for high income countries, which is 0.9354, 80% of the median. (42 countries reporting)
- Sweden's 0.7447 is below the median for Europe & Central Asia, which is 0.966, 77% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9956 | 0.8566 | 1.11 | 9 |
| 2000s | 0.9078 | 0.8189 | 1.08 | 10 |
| 2010s | 0.8093 | 0.7662 | 0.8414 | 10 |
| 2020s | 0.7447 | 0.7447 | 0.7447 | 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 interest, payable, ratio of this level of government's expenditure on in Sweden?
- Interest, payable, ratio of this level of government's expenditure on in Sweden was 0.7447 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in Sweden?
- The highest recorded value was 1.11 in 1995.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in Sweden?
- The lowest recorded value was 0.7447 in 2020.
- How does Sweden rank for interest, payable, ratio of this level of government's expenditure on?
- Sweden ranks 72nd out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in Sweden?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is falling.
- Where does this Sweden data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (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.