Sweden vs United States: Financing of social security benefits in OECD member countries — Tax
Sweden
8.96 Percentage of GDP
in 2024
United States
5.98 Percentage of GDP
in 2024
Sweden rank
22nd
United States rank
25th
Financing of social security benefits in OECD member countries — Tax over time
- Sweden
- United States
How they compare
Sweden currently reports 8.96 Percentage of GDP against 5.98 Percentage of GDP in United States, a difference of 2.98 Percentage of GDP.
That makes Sweden's figure about 1.5 times United States's.
Across all 60 years both countries report, Sweden has been ahead every year.
Sweden ranks 22nd and United States ranks 25th of 33 countries.
Sweden has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Sweden | United States | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 4.61 Percentage of GDP | 3.63 Percentage of GDP | 0.9748 Percentage of GDP | Sweden |
| 1970s | 8.22 Percentage of GDP | 4.74 Percentage of GDP | 3.48 Percentage of GDP | Sweden |
| 1980s | 12.07 Percentage of GDP | 6.13 Percentage of GDP | 5.93 Percentage of GDP | Sweden |
| 1990s | 12.78 Percentage of GDP | 6.67 Percentage of GDP | 6.11 Percentage of GDP | Sweden |
| 2000s | 12.17 Percentage of GDP | 6.45 Percentage of GDP | 5.72 Percentage of GDP | Sweden |
| 2010s | 9.86 Percentage of GDP | 5.98 Percentage of GDP | 3.88 Percentage of GDP | Sweden |
| 2020s | 8.99 Percentage of GDP | 6.05 Percentage of GDP | 2.94 Percentage of GDP | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financing of social security benefits in oecd member countries — tax, Sweden or United States?
- Sweden, at 8.96 Percentage of GDP against 5.98 Percentage of GDP in United States as of 2024.
- What is the difference in financing of social security benefits in oecd member countries — tax between Sweden and United States?
- 2.98 Percentage of GDP, with Sweden ahead.
- How many years of comparable data are there for Sweden and United States?
- 60 years are reported by both, from 1965 to 2024.
- How do Sweden and United States rank globally for financing of social security benefits in oecd member countries — tax?
- Sweden ranks 22nd and United States ranks 25th of 33 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Financing of social security benefits in OECD member countries — Tax revenue. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.