Government procurement share gdp in Sweden
Sweden: Government procurement share gdp was 17.42 in 2024. ▲ Rising
Latest (2024)
17.42
Change on year
down 0.0%
World rank
6th
of 43 countries
All-time high
17.43
in 2023
All-time low
14.55
in 2007
Years of data
18
2007–2024
Government procurement share gdp in Sweden, 2007–2024
Source: Our World in Data.
Analysis
In 2024, government procurement share gdp in Sweden stood at 17.42.
The figure is up 2.0% over ten years.
Over the whole period, government procurement share gdp in Sweden peaked at 17.43 in 2023 and was at its lowest, 14.55, in 2007.
Sweden ranks 6th of 43 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Government procurement share gdp in Sweden, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 14.55 | — |
| 2008 | 15.26 | +4.8% |
| 2009 | 16.36 | +7.3% |
| 2010 | 16.19 | -1.0% |
| 2011 | 16.08 | -0.7% |
| 2012 | 16.43 | +2.2% |
| 2013 | 17.03 | +3.7% |
| 2014 | 17.08 | +0.3% |
| 2015 | 16.64 | -2.6% |
| 2016 | 17.03 | +2.4% |
| 2017 | 16.92 | -0.7% |
| 2018 | 17.12 | +1.2% |
| 2019 | 16.77 | -2.0% |
| 2020 | 17.37 | +3.6% |
| 2021 | 16.86 | -2.9% |
| 2022 | 17 | +0.8% |
| 2023 | 17.43 | +2.5% |
| 2024 | 17.42 | -0.0% |
Sweden compared with similar countries
- Sweden's 17.42 is above the median for high income countries, which is 14.02, 1.2× the median. (37 countries reporting)
- Sweden's 17.42 is above the median for Europe & Central Asia, which is 13.97, 1.2× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.39 | 14.55 | 16.36 | 3 |
| 2010s | 16.73 | 16.08 | 17.12 | 10 |
| 2020s | 17.22 | 16.86 | 17.43 | 5 |
Countries ranked near Sweden
More economy & growth data for Sweden
- Real gdp growth, annual growth rate 599.02 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 7.01 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0143 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 903.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.9 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 659.66 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.7 % change on previous year (2025)
Frequently asked questions
- What is government procurement share gdp in Sweden?
- Government procurement share gdp in Sweden was 17.42 in 2024, according to Our World in Data.
- What is the highest government procurement share gdp recorded in Sweden?
- The highest recorded value was 17.43 in 2023.
- What is the lowest government procurement share gdp recorded in Sweden?
- The lowest recorded value was 14.55 in 2007.
- How does Sweden rank for government procurement share gdp?
- Sweden ranks 6th out of 43 countries with data for 2024.
- Is government procurement share gdp rising or falling in Sweden?
- Over the last ten years it is up 2.0%. The long-run trend across the full record is rising.
- Where does this Sweden data come from?
- The figures come from Our World in Data, published as part of Government procurement share gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).