Adjusted savings: education expenditure in Sweden
Sweden: Adjusted savings: education expenditure was 46.29 billion current US$ in 2021. ◆ Volatile
Latest (2021)
46.29 billion current US$
Change on year
up 15.5%
World rank
18th
of 195 countries
All-time high
46.29 billion current US$
in 2021
All-time low
2.30 billion current US$
in 1971
Years of data
52
1970–2021
Adjusted savings: education expenditure in Sweden, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Sweden recorded 46.29 billion current US$ for adjusted savings: education expenditure in 2021. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 15.5% on the previous year and up 31.3% over ten years.
Over the whole period, adjusted savings: education expenditure in Sweden peaked at 46.29 billion current US$ in 2021 and was at its lowest, 2.30 billion current US$, in 1971.
That places Sweden 18th out of 195 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Sweden, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 2.33 billion current US$ | — |
| 1971 | 2.30 billion current US$ | -1.3% |
| 1972 | 2.80 billion current US$ | +22.1% |
| 1973 | 3.46 billion current US$ | +23.6% |
| 1974 | 3.72 billion current US$ | +7.3% |
| 1975 | 4.59 billion current US$ | +23.3% |
| 1976 | 4.85 billion current US$ | +5.7% |
| 1977 | 5.29 billion current US$ | +9.2% |
| 1978 | 6.26 billion current US$ | +18.1% |
| 1979 | 7.03 billion current US$ | +12.4% |
| 1980 | 8.41 billion current US$ | +19.6% |
| 1981 | 7.64 billion current US$ | -9.1% |
| 1982 | 6.70 billion current US$ | -12.2% |
| 1983 | 6.04 billion current US$ | -10.0% |
| 1984 | 6.07 billion current US$ | +0.5% |
| 1985 | 6.23 billion current US$ | +2.6% |
| 1986 | 8.26 billion current US$ | +32.6% |
| 1987 | 9.72 billion current US$ | +17.7% |
| 1988 | 10.78 billion current US$ | +10.9% |
| 1989 | 10.48 billion current US$ | -2.8% |
| 1990 | 12.77 billion current US$ | +21.9% |
| 1991 | 14.08 billion current US$ | +10.3% |
| 1992 | 13.88 billion current US$ | -1.5% |
| 1993 | 10.74 billion current US$ | -22.6% |
| 1994 | 17.63 billion current US$ | +64.2% |
| 1995 | 20.98 billion current US$ | +19.0% |
| 1996 | 23.53 billion current US$ | +12.1% |
| 1997 | 21.00 billion current US$ | -10.7% |
| 1998 | 19.12 billion current US$ | -9.0% |
| 1999 | 18.77 billion current US$ | -1.8% |
| 2000 | 17.72 billion current US$ | -5.6% |
| 2001 | 16.04 billion current US$ | -9.5% |
| 2002 | 17.31 billion current US$ | +7.9% |
| 2003 | 21.49 billion current US$ | +24.2% |
| 2004 | 25.91 billion current US$ | +20.6% |
| 2005 | 25.72 billion current US$ | -0.7% |
| 2006 | 25.87 billion current US$ | +0.6% |
| 2007 | 28.84 billion current US$ | +11.5% |
| 2008 | 31.33 billion current US$ | +8.6% |
| 2009 | 28.46 billion current US$ | -9.2% |
| 2010 | 31.12 billion current US$ | +9.3% |
| 2011 | 35.27 billion current US$ | +13.3% |
| 2012 | 40.01 billion current US$ | +13.5% |
| 2013 | 42.40 billion current US$ | +6.0% |
| 2014 | 41.82 billion current US$ | -1.4% |
| 2015 | 35.69 billion current US$ | -14.7% |
| 2016 | 37.37 billion current US$ | +4.7% |
| 2017 | 39.23 billion current US$ | +5.0% |
| 2018 | 40.24 billion current US$ | +2.6% |
| 2019 | 38.91 billion current US$ | -3.3% |
| 2020 | 40.08 billion current US$ | +3.0% |
| 2021 | 46.29 billion current US$ | +15.5% |
Sweden compared with similar countries
- Sweden's 46.29 billion current US$ is above the median for high income countries, which is 5.34 billion current US$, 8.7× the median. (69 countries reporting)
- Sweden's 46.29 billion current US$ is above the median for Europe & Central Asia, which is 5.65 billion current US$, 8.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.26 billion current US$ | 2.30 billion current US$ | 7.03 billion current US$ | 10 |
| 1980s | 8.03 billion current US$ | 6.04 billion current US$ | 10.78 billion current US$ | 10 |
| 1990s | 17.25 billion current US$ | 10.74 billion current US$ | 23.53 billion current US$ | 10 |
| 2000s | 23.87 billion current US$ | 16.04 billion current US$ | 31.33 billion current US$ | 10 |
| 2010s | 38.21 billion current US$ | 31.12 billion current US$ | 42.40 billion current US$ | 10 |
| 2020s | 43.18 billion current US$ | 40.08 billion current US$ | 46.29 billion current US$ | 2 |
Countries ranked near Sweden
- 15 Mexico 53.04 billion current US$ compare
- 16 Saudi Arabia 51.54 billion current US$ compare
- 17 Netherlands 46.54 billion current US$ compare
- 19 Indonesia 37.71 billion current US$ compare
- 20 Belgium 35.63 billion current US$ compare
- 21 Switzerland 34.88 billion current US$ compare
More economy & growth data for Sweden
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.62 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 8.03 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 757.39 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 19.15 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -37.67 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0286 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,807 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.58 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Sweden?
- Adjusted savings: education expenditure in Sweden was 46.29 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Sweden?
- The highest recorded value was 46.29 billion current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in Sweden?
- The lowest recorded value was 2.30 billion current US$ in 1971.
- How does Sweden rank for adjusted savings: education expenditure?
- Sweden ranks 18th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Sweden?
- Over the last ten years it is up 31.3%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.