Taxes on goods and services (current LCU), per unit of GDP in Sweden
Sweden: Taxes on goods and services (current LCU), per unit of GDP was 1.21 current LCU per US$ of GDP in 2024. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in Sweden, 1972–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes on goods and services (current lcu), per unit of gdp in Sweden is 1.21 current LCU per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 6.0% on the previous year and up 41.7% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Sweden peaked at 1.29 current LCU per US$ of GDP in 2023 and was at its lowest, 0.3443 current LCU per US$ of GDP, in 1975.
Sweden ranks 74th of 157 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.
Taxes on goods and services (current LCU), per unit of GDP in Sweden, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 0.4668 current LCU per US$ of GDP | — |
| 1973 | 0.4161 current LCU per US$ of GDP | -10.9% |
| 1974 | 0.4002 current LCU per US$ of GDP | -3.8% |
| 1975 | 0.3443 current LCU per US$ of GDP | -14.0% |
| 1976 | 0.3846 current LCU per US$ of GDP | +11.7% |
| 1977 | 0.4163 current LCU per US$ of GDP | +8.2% |
| 1978 | 0.4329 current LCU per US$ of GDP | +4.0% |
| 1979 | 0.4081 current LCU per US$ of GDP | -5.7% |
| 1980 | 0.3902 current LCU per US$ of GDP | -4.4% |
| 1981 | 0.4975 current LCU per US$ of GDP | +27.5% |
| 1982 | 0.6146 current LCU per US$ of GDP | +23.6% |
| 1983 | 0.7681 current LCU per US$ of GDP | +25.0% |
| 1984 | 0.8065 current LCU per US$ of GDP | +5.0% |
| 1985 | 0.9237 current LCU per US$ of GDP | +14.5% |
| 1986 | 0.7724 current LCU per US$ of GDP | -16.4% |
| 1987 | 0.7059 current LCU per US$ of GDP | -8.6% |
| 1988 | 0.6925 current LCU per US$ of GDP | -1.9% |
| 1989 | 0.7154 current LCU per US$ of GDP | +3.3% |
| 1990 | 0.7028 current LCU per US$ of GDP | -1.8% |
| 1991 | 0.7347 current LCU per US$ of GDP | +4.5% |
| 1992 | 0.6871 current LCU per US$ of GDP | -6.5% |
| 1993 | 0.874 current LCU per US$ of GDP | +27.2% |
| 1994 | 0.894 current LCU per US$ of GDP | +2.3% |
| 1995 | 0.9283 current LCU per US$ of GDP | +3.8% |
| 1996 | 0.8534 current LCU per US$ of GDP | -8.1% |
| 1997 | 0.9637 current LCU per US$ of GDP | +12.9% |
| 1998 | 1.01 current LCU per US$ of GDP | +4.5% |
| 1999 | 1.04 current LCU per US$ of GDP | +3.1% |
| 2000 | 1.12 current LCU per US$ of GDP | +7.7% |
| 2001 | 1.27 current LCU per US$ of GDP | +13.3% |
| 2002 | 1.21 current LCU per US$ of GDP | -4.6% |
| 2003 | 1.01 current LCU per US$ of GDP | -16.4% |
| 2004 | 0.9084 current LCU per US$ of GDP | -10.1% |
| 2005 | 0.9426 current LCU per US$ of GDP | +3.8% |
| 2006 | 0.9204 current LCU per US$ of GDP | -2.3% |
| 2007 | 0.8393 current LCU per US$ of GDP | -8.8% |
| 2008 | 0.8375 current LCU per US$ of GDP | -0.2% |
| 2009 | 1 current LCU per US$ of GDP | +20.0% |
| 2010 | 0.9452 current LCU per US$ of GDP | -5.9% |
| 2011 | 0.8239 current LCU per US$ of GDP | -12.8% |
| 2012 | 0.8545 current LCU per US$ of GDP | +3.7% |
| 2013 | 0.8175 current LCU per US$ of GDP | -4.3% |
| 2014 | 0.8528 current LCU per US$ of GDP | +4.3% |
| 2015 | 1.05 current LCU per US$ of GDP | +23.2% |
| 2016 | 1.1 current LCU per US$ of GDP | +4.8% |
| 2017 | 1.09 current LCU per US$ of GDP | -0.8% |
| 2018 | 1.11 current LCU per US$ of GDP | +1.7% |
| 2019 | 1.18 current LCU per US$ of GDP | +6.0% |
| 2020 | 1.15 current LCU per US$ of GDP | -2.6% |
| 2021 | 1.06 current LCU per US$ of GDP | -7.4% |
| 2022 | 1.28 current LCU per US$ of GDP | +20.9% |
| 2023 | 1.29 current LCU per US$ of GDP | +0.2% |
| 2024 | 1.21 current LCU per US$ of GDP | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4087 current LCU per US$ of GDP | 0.3443 current LCU per US$ of GDP | 0.4668 current LCU per US$ of GDP | 8 |
| 1980s | 0.6887 current LCU per US$ of GDP | 0.3902 current LCU per US$ of GDP | 0.9237 current LCU per US$ of GDP | 10 |
| 1990s | 0.8684 current LCU per US$ of GDP | 0.6871 current LCU per US$ of GDP | 1.04 current LCU per US$ of GDP | 10 |
| 2000s | 1.01 current LCU per US$ of GDP | 0.8375 current LCU per US$ of GDP | 1.27 current LCU per US$ of GDP | 10 |
| 2010s | 0.9824 current LCU per US$ of GDP | 0.8175 current LCU per US$ of GDP | 1.18 current LCU per US$ of GDP | 10 |
| 2020s | 1.2 current LCU per US$ of GDP | 1.06 current LCU per US$ of GDP | 1.29 current LCU per US$ of GDP | 5 |
Countries ranked near Sweden
- 71 South Africa 1.73 current LCU per US$ of GDP compare
- 72 Namibia 1.65 current LCU per US$ of GDP compare
- 73 Iraq 1.6 current LCU per US$ of GDP compare
- 75 Ethiopia 1.18 current LCU per US$ of GDP compare
- 76 Seychelles 1.17 current LCU per US$ of GDP compare
- 77 Mexico 1.13 current LCU per US$ of GDP compare
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 taxes on goods and services (current lcu), per unit of gdp in Sweden?
- Taxes on goods and services (current lcu), per unit of gdp in Sweden was 1.21 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Sweden?
- The highest recorded value was 1.29 current LCU per US$ of GDP in 2023.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Sweden?
- The lowest recorded value was 0.3443 current LCU per US$ of GDP in 1975.
- How does Sweden rank for taxes on goods and services (current lcu), per unit of gdp?
- Sweden ranks 74th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Sweden?
- Over the last ten years it is up 41.7%. The long-run trend across the full record is rising.
- Where does this Sweden data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.