Taxes on income, profits and capital gains in Sweden
Sweden: Taxes on income, profits and capital gains was 18.2% in 2024. ▼ Falling
Taxes on income, profits and capital gains in Sweden, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on income, profits and capital gains in Sweden is 18.2%, measured in 2024.
That represents a change of up 8.9% on the previous year and up 24.1% over ten years.
Over the whole period, taxes on income, profits and capital gains in Sweden peaked at 26.8% in 1972 and was at its lowest, 5.5%, in 1994.
That places Sweden 106th out of 153 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 53 years of available data.
Taxes on income, profits and capital gains in Sweden, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 26.8% | — |
| 1973 | 22.7% | -15.3% |
| 1974 | 21.6% | -4.8% |
| 1975 | 21.4% | -1.0% |
| 1976 | 25.1% | +17.4% |
| 1977 | 23.5% | -6.4% |
| 1978 | 18.7% | -20.8% |
| 1979 | 18.3% | -2.0% |
| 1980 | 18.1% | -1.2% |
| 1981 | 15.9% | -11.8% |
| 1982 | 15.0% | -5.7% |
| 1983 | 14.5% | -3.3% |
| 1984 | 15.8% | +8.7% |
| 1985 | 19.4% | +22.6% |
| 1986 | 16.0% | -17.3% |
| 1987 | 17.6% | +10.0% |
| 1988 | 17.5% | -0.6% |
| 1989 | 19.5% | +11.2% |
| 1990 | 17.9% | -8.1% |
| 1991 | 12.5% | -30.1% |
| 1992 | 6.9% | -44.9% |
| 1993 | 6.0% | -12.5% |
| 1994 | 5.5% | -8.0% |
| 1995 | 13.0% | +134.9% |
| 1996 | 11.8% | -9.3% |
| 1997 | 13.4% | +13.9% |
| 1998 | 12.8% | -4.7% |
| 1999 | 14.6% | +14.2% |
| 2000 | 18.6% | +27.0% |
| 2001 | 14.5% | -22.0% |
| 2002 | 12.2% | -15.8% |
| 2003 | 12.5% | +2.0% |
| 2004 | 14.7% | +18.0% |
| 2005 | 17.1% | +16.2% |
| 2006 | 18.5% | +8.3% |
| 2007 | 18.9% | +2.1% |
| 2008 | 15.5% | -18.0% |
| 2009 | 13.9% | -10.1% |
| 2010 | 15.5% | +10.9% |
| 2011 | 15.0% | -3.0% |
| 2012 | 13.3% | -10.9% |
| 2013 | 13.5% | +1.5% |
| 2014 | 14.6% | +8.1% |
| 2015 | 16.3% | +11.4% |
| 2016 | 16.0% | -2.1% |
| 2017 | 16.5% | +3.2% |
| 2018 | 15.9% | -3.6% |
| 2019 | 15.9% | -0.3% |
| 2020 | 15.4% | -3.0% |
| 2021 | 17.8% | +15.5% |
| 2022 | 17.1% | -3.6% |
| 2023 | 16.7% | -2.5% |
| 2024 | 18.2% | +8.9% |
Sweden compared with similar countries
- Sweden's 18.2% is below the median for high income countries, which is 24.5%, 74% of the median. (55 countries reporting)
- Sweden's 18.2% is below the median for Europe & Central Asia, which is 20.9%, 87% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains in Sweden changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +134.9% | 5.5% | 13.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.3% | 18.3% | 26.8% | 8 |
| 1980s | 16.9% | 14.5% | 19.5% | 10 |
| 1990s | 11.5% | 5.5% | 17.9% | 10 |
| 2000s | 15.6% | 12.2% | 18.9% | 10 |
| 2010s | 15.2% | 13.3% | 16.5% | 10 |
| 2020s | 17.0% | 15.4% | 18.2% | 5 |
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 taxes on income, profits and capital gains in Sweden?
- Taxes on income, profits and capital gains in Sweden was 18.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Sweden?
- The highest recorded value was 26.8% in 1972.
- What is the lowest taxes on income, profits and capital gains recorded in Sweden?
- The lowest recorded value was 5.5% in 1994.
- How does Sweden rank for taxes on income, profits and capital gains?
- Sweden ranks 106th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Sweden?
- Over the last ten years it is up 24.1%. The long-run trend across the full record is falling.
- 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 Taxes on income, profits and capital gains (% of revenue). Statizoid updates them automatically from the source API.
Download this data
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.