Subsidies and other transfers in Sweden
Sweden: Subsidies and other transfers was 1.47 trillion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Sweden, 1983–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Sweden is 1.47 trillion current LCU, measured in 2024. That is the highest value across all 40 years on record.
The figure is up 4.7% on the previous year and up 53.2% over ten years.
Over the whole period, subsidies and other transfers in Sweden peaked at 1.47 trillion current LCU in 2024 and was at its lowest, 24.74 billion current LCU, in 1983.
That places Sweden 34th out of 153 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 27.53 billion current LCU | 24.74 billion current LCU | 29.52 billion current LCU | 5 |
| 1990s | 485.52 billion current LCU | 398.63 billion current LCU | 546.18 billion current LCU | 10 |
| 2000s | 649.38 billion current LCU | 523.53 billion current LCU | 797.34 billion current LCU | 10 |
| 2010s | 984.23 billion current LCU | 844.72 billion current LCU | 1.15 trillion current LCU | 10 |
| 2020s | 1.37 trillion current LCU | 1.30 trillion current LCU | 1.47 trillion current LCU | 5 |
Countries ranked near Sweden
More public sector data for Sweden
- Arms imports 66.00 million SIPRI trend indicator values (2024)
- Tax revenue 27.2% (2024)
- Taxes on income, profits and capital gains 18.2% (2024)
- Taxes on goods and services 34.7% (2024)
- Net investment in nonfinancial assets 2.9% (2024)
- Net lending (+) / net borrowing (-) -0.7% (2024)
- Interest payments 1.1% (2024)
- Grants and other revenue 7.3% (2024)
- Interest payments 1.4% (2022)
- Other taxes 29.7% (2024)
Frequently asked questions
- What is subsidies and other transfers in Sweden?
- Subsidies and other transfers in Sweden was 1.47 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Sweden?
- The highest recorded value was 1.47 trillion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Sweden?
- The lowest recorded value was 24.74 billion current LCU in 1983.
- How does Sweden rank for subsidies and other transfers?
- Sweden ranks 34th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Sweden?
- Over the last ten years it is up 53.2%. The long-run trend across the full record is volatile.
- 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.