Social contributions in Sweden
Sweden: Social contributions was 194.22 billion current LCU in 2024. ▲ Rising
Latest (2024)
194.22 billion current LCU
Change on year
up 4.8%
World rank
32nd
of 112 countries
All-time high
227.79 billion current LCU
in 1992
All-time low
14.27 billion current LCU
in 1972
Years of data
53
1972–2024
Social contributions in Sweden, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, social contributions in Sweden stood at 194.22 billion current LCU.
That represents a change of up 4.8% on the previous year and up 59.7% over ten years.
Over the whole period, social contributions in Sweden peaked at 227.79 billion current LCU in 1992 and was at its lowest, 14.27 billion current LCU, in 1972.
Sweden ranks 32nd of 112 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Social contributions in Sweden, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 14.27 billion current LCU | — |
| 1973 | 15.55 billion current LCU | +9.0% |
| 1974 | 18.71 billion current LCU | +20.3% |
| 1975 | 25.03 billion current LCU | +33.8% |
| 1976 | 32.70 billion current LCU | +30.6% |
| 1977 | 39.25 billion current LCU | +20.0% |
| 1978 | 48.01 billion current LCU | +22.3% |
| 1979 | 54.19 billion current LCU | +12.9% |
| 1980 | 61.65 billion current LCU | +13.8% |
| 1981 | 74.75 billion current LCU | +21.2% |
| 1982 | 85.56 billion current LCU | +14.5% |
| 1983 | 92.80 billion current LCU | +8.5% |
| 1984 | 103.16 billion current LCU | +11.2% |
| 1985 | 97.37 billion current LCU | -5.6% |
| 1986 | 112.51 billion current LCU | +15.5% |
| 1987 | 125.18 billion current LCU | +11.3% |
| 1988 | 138.67 billion current LCU | +10.8% |
| 1989 | 162.11 billion current LCU | +16.9% |
| 1990 | 188.60 billion current LCU | +16.3% |
| 1991 | 191.04 billion current LCU | +1.3% |
| 1992 | 227.79 billion current LCU | +19.2% |
| 1993 | 187.42 billion current LCU | -17.7% |
| 1994 | 185.04 billion current LCU | -1.3% |
| 1995 | 106.69 billion current LCU | -42.3% |
| 1996 | 119.07 billion current LCU | +11.6% |
| 1997 | 130.05 billion current LCU | +9.2% |
| 1998 | 98.38 billion current LCU | -24.4% |
| 1999 | 98.70 billion current LCU | +0.3% |
| 2000 | 119.53 billion current LCU | +21.1% |
| 2001 | 112.71 billion current LCU | -5.7% |
| 2002 | 98.19 billion current LCU | -12.9% |
| 2003 | 100.45 billion current LCU | +2.3% |
| 2004 | 102.46 billion current LCU | +2.0% |
| 2005 | 95.72 billion current LCU | -6.6% |
| 2006 | 91.27 billion current LCU | -4.6% |
| 2007 | 97.20 billion current LCU | +6.5% |
| 2008 | 102.85 billion current LCU | +5.8% |
| 2009 | 102.27 billion current LCU | -0.6% |
| 2010 | 104.73 billion current LCU | +2.4% |
| 2011 | 112.59 billion current LCU | +7.5% |
| 2012 | 115.16 billion current LCU | +2.3% |
| 2013 | 118.27 billion current LCU | +2.7% |
| 2014 | 121.60 billion current LCU | +2.8% |
| 2015 | 128.43 billion current LCU | +5.6% |
| 2016 | 134.43 billion current LCU | +4.7% |
| 2017 | 141.01 billion current LCU | +4.9% |
| 2018 | 148.84 billion current LCU | +5.6% |
| 2019 | 156.02 billion current LCU | +4.8% |
| 2020 | 157.51 billion current LCU | +1.0% |
| 2021 | 167.15 billion current LCU | +6.1% |
| 2022 | 176.66 billion current LCU | +5.7% |
| 2023 | 185.39 billion current LCU | +4.9% |
| 2024 | 194.22 billion current LCU | +4.8% |
Sweden compared with similar countries
- Sweden's 194.22 billion current LCU is above the median for high income countries, which is 35.12 billion current LCU, 5.5× the median. (49 countries reporting)
- Sweden's 194.22 billion current LCU is above the median for Europe & Central Asia, which is 64.53 billion current LCU, 3.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.96 billion current LCU | 14.27 billion current LCU | 54.19 billion current LCU | 8 |
| 1980s | 105.38 billion current LCU | 61.65 billion current LCU | 162.11 billion current LCU | 10 |
| 1990s | 153.28 billion current LCU | 98.38 billion current LCU | 227.79 billion current LCU | 10 |
| 2000s | 102.27 billion current LCU | 91.27 billion current LCU | 119.53 billion current LCU | 10 |
| 2010s | 128.11 billion current LCU | 104.73 billion current LCU | 156.02 billion current LCU | 10 |
| 2020s | 176.19 billion current LCU | 157.51 billion current LCU | 194.22 billion current LCU | 5 |
Countries ranked near Sweden
More public sector data for Sweden
- Democracy, 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)
- Elected parliament, 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)
- 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 social contributions in Sweden?
- Social contributions in Sweden was 194.22 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Sweden?
- The highest recorded value was 227.79 billion current LCU in 1992.
- What is the lowest social contributions recorded in Sweden?
- The lowest recorded value was 14.27 billion current LCU in 1972.
- How does Sweden rank for social contributions?
- Sweden ranks 32nd out of 112 countries with data for 2024.
- Is social contributions rising or falling in Sweden?
- Over the last ten years it is up 59.7%. The long-run trend across the full record is rising.
- 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 Social contributions (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.