Taxes on income, profits and capital gains in Sweden
Sweden: Taxes on income, profits and capital gains was 22.0% 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 total taxes.
Analysis
In 2024, taxes on income, profits and capital gains in Sweden stood at 22.0%.
Compared with earlier readings it is up 9.5% on the previous year and up 24.0% over ten years.
Over the whole period, taxes on income, profits and capital gains in Sweden peaked at 41.0% in 1976 and was at its lowest, 11.6%, in 1994.
That places Sweden 133rd out of 153 countries with data for 2024, putting it in the bottom quarter.
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 total taxes | Change |
|---|---|---|
| 1972 | 40.2% | — |
| 1973 | 35.1% | -12.6% |
| 1974 | 34.2% | -2.5% |
| 1975 | 35.4% | +3.4% |
| 1976 | 41.0% | +15.8% |
| 1977 | 39.2% | -4.4% |
| 1978 | 33.4% | -14.8% |
| 1979 | 34.3% | +2.6% |
| 1980 | 34.4% | +0.5% |
| 1981 | 31.0% | -9.9% |
| 1982 | 30.8% | -0.7% |
| 1983 | 29.2% | -5.4% |
| 1984 | 30.6% | +4.9% |
| 1985 | 34.2% | +11.8% |
| 1986 | 29.4% | -14.0% |
| 1987 | 30.9% | +4.9% |
| 1988 | 30.3% | -1.9% |
| 1989 | 34.6% | +14.2% |
| 1990 | 32.0% | -7.4% |
| 1991 | 23.4% | -27.0% |
| 1992 | 14.8% | -36.7% |
| 1993 | 12.7% | -14.4% |
| 1994 | 11.6% | -8.7% |
| 1995 | 18.1% | +56.5% |
| 1996 | 16.5% | -9.1% |
| 1997 | 18.5% | +12.2% |
| 1998 | 16.6% | -10.4% |
| 1999 | 18.4% | +11.1% |
| 2000 | 23.6% | +28.0% |
| 2001 | 18.3% | -22.4% |
| 2002 | 15.1% | -17.3% |
| 2003 | 15.4% | +2.0% |
| 2004 | 18.1% | +17.0% |
| 2005 | 21.0% | +16.0% |
| 2006 | 22.3% | +6.6% |
| 2007 | 23.1% | +3.4% |
| 2008 | 19.2% | -17.0% |
| 2009 | 17.2% | -10.2% |
| 2010 | 18.9% | +9.6% |
| 2011 | 18.4% | -2.4% |
| 2012 | 16.4% | -10.8% |
| 2013 | 16.7% | +1.5% |
| 2014 | 17.8% | +6.6% |
| 2015 | 19.7% | +10.8% |
| 2016 | 19.2% | -2.4% |
| 2017 | 19.7% | +2.6% |
| 2018 | 19.1% | -3.1% |
| 2019 | 19.1% | +0.2% |
| 2020 | 18.7% | -2.4% |
| 2021 | 21.3% | +14.2% |
| 2022 | 20.9% | -2.1% |
| 2023 | 20.1% | -3.6% |
| 2024 | 22.0% | +9.5% |
Sweden compared with similar countries
- Sweden's 22.0% is below the median for high income countries, which is 43.9%, 50% of the median. (55 countries reporting)
- Sweden's 22.0% is below the median for Europe & Central Asia, which is 39.4%, 56% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.6% | 33.4% | 41.0% | 8 |
| 1980s | 31.5% | 29.2% | 34.6% | 10 |
| 1990s | 18.3% | 11.6% | 32.0% | 10 |
| 2000s | 19.3% | 15.1% | 23.6% | 10 |
| 2010s | 18.5% | 16.4% | 19.7% | 10 |
| 2020s | 20.6% | 18.7% | 22.0% | 5 |
Countries ranked near Sweden
More public sector data for Sweden
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- 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)
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- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
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Frequently asked questions
- What is taxes on income, profits and capital gains in Sweden?
- Taxes on income, profits and capital gains in Sweden was 22.0% 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 41.0% in 1976.
- What is the lowest taxes on income, profits and capital gains recorded in Sweden?
- The lowest recorded value was 11.6% in 1994.
- How does Sweden rank for taxes on income, profits and capital gains?
- Sweden ranks 133rd 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 24.0%. 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 total taxes). Statizoid updates them automatically from the source API.
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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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.