Gross public sector debt as a share of gross domestic product in Sweden
Sweden: Gross public sector debt as a share of gross domestic product was 20.2% in 2024. ▼ Falling
Gross public sector debt as a share of gross domestic product in Sweden, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, gross public sector debt as a share of gross domestic product in Sweden stood at 20.2%.
Compared with earlier readings it is up 4.7% on the previous year and down 43.8% over ten years.
Over the whole period, gross public sector debt as a share of gross domestic product in Sweden peaked at 56.4% in 2000 and was at its lowest, 19.3%, in 2023.
Sweden ranks 47th of 49 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Gross public sector debt as a share of gross domestic product in Sweden, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 56.4% | — |
| 2001 | 49.8% | -11.8% |
| 2002 | 46.0% | -7.6% |
| 2003 | 45.5% | -1.0% |
| 2004 | 44.6% | -1.9% |
| 2005 | 44.5% | -0.2% |
| 2006 | 39.8% | -10.6% |
| 2007 | 34.4% | -13.7% |
| 2008 | 32.3% | -6.0% |
| 2009 | 35.7% | +10.4% |
| 2010 | 32.7% | -8.3% |
| 2011 | 30.7% | -6.1% |
| 2012 | 30.3% | -1.5% |
| 2013 | 32.8% | +8.3% |
| 2014 | 35.9% | +9.5% |
| 2015 | 34.0% | -5.4% |
| 2016 | 32.3% | -4.9% |
| 2017 | 30.9% | -4.4% |
| 2018 | 28.4% | -8.0% |
| 2019 | 23.8% | -16.1% |
| 2020 | 27.4% | +15.0% |
| 2021 | 24.7% | -9.7% |
| 2022 | 21.9% | -11.5% |
| 2023 | 19.3% | -11.9% |
| 2024 | 20.2% | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.9% | 32.3% | 56.4% | 10 |
| 2010s | 31.2% | 23.8% | 35.9% | 10 |
| 2020s | 22.7% | 19.3% | 27.4% | 5 |
Countries ranked near Sweden
- 44 Bulgaria 23.3% compare
- 45 Estonia 22.9% compare
- 46 Denmark 21.9% compare
- 48 Russian Federation 16.8% compare
- 49 Switzerland 12.8% 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)
- Manufacturing, value added (constant LCU), per capita 67,555 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 7.46 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2103 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 13,279 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -0.133 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 2.07 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 130,407 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0987 % change on previous year (2025)
Frequently asked questions
- What is gross public sector debt as a share of gross domestic product in Sweden?
- Gross public sector debt as a share of gross domestic product in Sweden was 20.2% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest gross public sector debt as a share of gross domestic product recorded in Sweden?
- The highest recorded value was 56.4% in 2000.
- What is the lowest gross public sector debt as a share of gross domestic product recorded in Sweden?
- The lowest recorded value was 19.3% in 2023.
- How does Sweden rank for gross public sector debt as a share of gross domestic product?
- Sweden ranks 47th out of 49 countries with data for 2024.
- Is gross public sector debt as a share of gross domestic product rising or falling in Sweden?
- Over the last ten years it is down 43.8%. The long-run trend across the full record is falling.
- Where does this Sweden data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Gross public sector debt as a share of gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).