Africa's Development Dynamics (AfDD) Table 16 - Public finances in Sweden
Sweden: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 48.6 Percentage of GDP in 2029. ▼ Falling
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Sweden, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for africa's development dynamics (afdd) table 16 - public finances in Sweden is 48.6 Percentage of GDP, measured in 2029.
That represents a change of up 1.0% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Sweden peaked at 52.83 Percentage of GDP in 2003 and was at its lowest, 46.81 Percentage of GDP, in 2022.
That places Sweden 13th out of 166 countries with data for 2029, putting it in the top 10%.
The long-run direction has been consistently falling across the 30 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Sweden, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 52.21 Percentage of GDP | — |
| 2001 | 51.68 Percentage of GDP | -1.0% |
| 2002 | 52.68 Percentage of GDP | +1.9% |
| 2003 | 52.83 Percentage of GDP | +0.3% |
| 2004 | 51.5 Percentage of GDP | -2.5% |
| 2005 | 51.32 Percentage of GDP | -0.3% |
| 2006 | 50.13 Percentage of GDP | -2.3% |
| 2007 | 48.38 Percentage of GDP | -3.5% |
| 2008 | 49.03 Percentage of GDP | +1.3% |
| 2009 | 51.36 Percentage of GDP | +4.8% |
| 2010 | 49.38 Percentage of GDP | -3.9% |
| 2011 | 48.73 Percentage of GDP | -1.3% |
| 2012 | 49.91 Percentage of GDP | +2.4% |
| 2013 | 50.62 Percentage of GDP | +1.4% |
| 2014 | 49.69 Percentage of GDP | -1.8% |
| 2015 | 48.41 Percentage of GDP | -2.6% |
| 2016 | 48.78 Percentage of GDP | +0.8% |
| 2017 | 48.26 Percentage of GDP | -1.1% |
| 2018 | 48.81 Percentage of GDP | +1.1% |
| 2019 | 48.13 Percentage of GDP | -1.4% |
| 2020 | 51.06 Percentage of GDP | +6.1% |
| 2021 | 48.13 Percentage of GDP | -5.7% |
| 2022 | 46.81 Percentage of GDP | -2.8% |
| 2023 | 47.21 Percentage of GDP | +0.9% |
| 2024 | 48.05 Percentage of GDP | +1.8% |
| 2025 | 48.09 Percentage of GDP | +0.1% |
| 2026 | 48.61 Percentage of GDP | +1.1% |
| 2027 | 48.61 Percentage of GDP | -0.0% |
| 2028 | 48.6 Percentage of GDP | -0.0% |
| 2029 | 48.6 Percentage of GDP | -0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 51.11 Percentage of GDP | 48.38 Percentage of GDP | 52.83 Percentage of GDP | 10 |
| 2010s | 49.07 Percentage of GDP | 48.13 Percentage of GDP | 50.62 Percentage of GDP | 10 |
| 2020s | 48.38 Percentage of GDP | 46.81 Percentage of GDP | 51.06 Percentage of GDP | 10 |
Countries ranked near Sweden
- 10 Italy 50 Percentage of GDP compare
- 10 Latvia 38.69 Percentage of GDP compare
- 11 Denmark 49.73 Percentage of GDP compare
- 11 Eswatini 29.21 Percentage of GDP compare
- 12 Lithuania 36.84 Percentage of GDP compare
- 12 Kuwait 48.68 Percentage of GDP compare
- 13 Cabo Verde 26.54 Percentage of GDP compare
- 14 Germany 47.78 Percentage of GDP compare
- 15 Equatorial Guinea 24.23 Percentage of GDP compare
- 15 Libya 47.37 Percentage of GDP compare
- 16 Türkiye 32.83 Percentage of GDP compare
- 16 Palau 47.06 Percentage of GDP 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)
- Services, value added (current US$), annual growth rate 11.52 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6703 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 42,317 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 3.64 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 6.58 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 415,580 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.04 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5856 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Sweden?
- Africa's development dynamics (afdd) table 16 - public finances in Sweden was 48.6 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Sweden?
- The highest recorded value was 52.83 Percentage of GDP in 2003.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Sweden?
- The lowest recorded value was 46.81 Percentage of GDP in 2022.
- How does Sweden rank for africa's development dynamics (afdd) table 16 - public finances?
- Sweden ranks 13th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Sweden?
- Over the last ten years it is up 1.0%. The long-run trend across the full record is falling.
- Where does this Sweden data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.