Expense in Sweden

Sweden: Expense was 32.5% in 2022. ▲ Rising

Latest (2022)
32.5%
Change on year
down 2.1%
World rank
51st
of 157 countries
All-time high
44.3%
in 1993
All-time low
23.0%
in 1973
Years of data
51
1972–2022

Expense in Sweden, 1972–2022

010203040197219972022

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

Sweden recorded 32.5% for expense in 2022.

The figure is down 2.1% on the previous year and down 1.5% over ten years.

Over the whole period, expense in Sweden peaked at 44.3% in 1993 and was at its lowest, 23.0%, in 1973.

Sweden ranks 51st of 157 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 51 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 27.1% 23.0% 33.5% 8
1980s 36.5% 33.7% 38.9% 10
1990s 39.3% 35.2% 44.3% 10
2000s 33.0% 31.3% 34.5% 10
2010s 32.6% 31.4% 33.7% 10
2020s 33.5% 32.5% 34.9% 3

Countries ranked near Sweden

  1. 48 Trinidad and Tobago 33.3% compare
  2. 49 Colombia 33.3% compare
  3. 50 Turkey 33.0% compare
  4. 52 Brazil 32.4% compare
  5. 53 Iceland 32.0% compare
  6. 54 Mongolia 31.7% compare

See the full ranking of 183 places →

More economy & growth data for Sweden

All data for Sweden →

Frequently asked questions

What is expense in Sweden?
Expense in Sweden was 32.5% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Sweden?
The highest recorded value was 44.3% in 1993.
What is the lowest expense recorded in Sweden?
The lowest recorded value was 23.0% in 1973.
How does Sweden rank for expense?
Sweden ranks 51st out of 157 countries with data for 2022.
Is expense rising or falling in Sweden?
Over the last ten years it is down 1.5%. The long-run trend across the full record is rising.
Where does this Sweden data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.