Taxes on incomes of individuals and corporations as share of GDP in Sweden
Sweden: Taxes on incomes of individuals and corporations as share of GDP was 14.6% in 2023. ▼ Falling
Latest (2023)
14.6%
Change on year
down 4.5%
World rank
13th
of 184 countries
All-time high
21.6%
in 1988
All-time low
14.5%
in 2012
Years of data
44
1980–2023
Taxes on incomes of individuals and corporations as share of GDP in Sweden, 1980–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
Sweden recorded 14.6% for taxes on incomes of individuals and corporations as share of gdp in 2023.
That represents a change of down 4.5% on the previous year and down 1.8% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Sweden peaked at 21.6% in 1988 and was at its lowest, 14.5%, in 2012.
That places Sweden 13th out of 184 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 44 years of available data.
Taxes on incomes of individuals and corporations as share of GDP in Sweden, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 19.1% | — |
| 1981 | 19.4% | +1.6% |
| 1982 | 19.6% | +0.9% |
| 1983 | 19.0% | -2.8% |
| 1984 | 18.8% | -1.3% |
| 1985 | 18.9% | +0.6% |
| 1986 | 20.2% | +6.8% |
| 1987 | 20.5% | +1.8% |
| 1988 | 21.6% | +5.1% |
| 1989 | 21.2% | -1.7% |
| 1990 | 20.6% | -3.0% |
| 1991 | 17.6% | -14.6% |
| 1992 | 17.1% | -2.7% |
| 1993 | 17.9% | +4.9% |
| 1994 | 18.7% | +4.4% |
| 1995 | 17.7% | -5.3% |
| 1996 | 18.3% | +3.3% |
| 1997 | 18.7% | +2.5% |
| 1998 | 18.6% | -0.9% |
| 1999 | 19.5% | +4.9% |
| 2000 | 21.4% | +9.7% |
| 2001 | 18.3% | -14.5% |
| 2002 | 16.3% | -10.6% |
| 2003 | 17.0% | +4.1% |
| 2004 | 17.9% | +5.2% |
| 2005 | 19.1% | +6.8% |
| 2006 | 18.2% | -4.7% |
| 2007 | 17.5% | -3.8% |
| 2008 | 16.1% | -8.2% |
| 2009 | 15.5% | -3.4% |
| 2010 | 15.4% | -1.0% |
| 2011 | 14.8% | -3.9% |
| 2012 | 14.5% | -1.7% |
| 2013 | 14.9% | +2.3% |
| 2014 | 15.0% | +0.6% |
| 2015 | 15.5% | +3.8% |
| 2016 | 16.0% | +3.2% |
| 2017 | 16.3% | +1.4% |
| 2018 | 15.9% | -2.3% |
| 2019 | 15.3% | -3.4% |
| 2020 | 15.3% | -0.2% |
| 2021 | 15.7% | +2.6% |
| 2022 | 15.3% | -2.5% |
| 2023 | 14.6% | -4.5% |
Sweden compared with similar countries
- Sweden's 14.6% is above the median for high income countries, which is 10.0%, 1.5× the median. (63 countries reporting)
- Sweden's 14.6% is above the median for Europe & Central Asia, which is 8.9%, 1.6× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 19.8% | 18.8% | 21.6% | 10 |
| 1990s | 18.5% | 17.1% | 20.6% | 10 |
| 2000s | 17.7% | 15.5% | 21.4% | 10 |
| 2010s | 15.4% | 14.5% | 16.3% | 10 |
| 2020s | 15.2% | 14.6% | 15.7% | 4 |
Countries ranked near Sweden
- 10 Finland 15.6% compare
- 11 Liechtenstein 15.2% compare
- 12 South Africa 14.9% compare
- 14 Italy 14.4% compare
- 15 United Kingdom of Great Britain and Northern Ireland 14.0% compare
- 16 Netherlands 13.8% 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)
- 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 taxes on incomes of individuals and corporations as share of gdp in Sweden?
- Taxes on incomes of individuals and corporations as share of gdp in Sweden was 14.6% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Sweden?
- The highest recorded value was 21.6% in 1988.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Sweden?
- The lowest recorded value was 14.5% in 2012.
- How does Sweden rank for taxes on incomes of individuals and corporations as share of gdp?
- Sweden ranks 13th out of 184 countries with data for 2023.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Sweden?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is falling.
- Where does this Sweden data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.