Tax revenue in Sweden
Sweden: Tax revenue was 1.74 trillion current LCU in 2024. ◆ Volatile
Tax revenue in Sweden, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, tax revenue in Sweden stood at 1.74 trillion current LCU. That is the highest value across all 53 years on record.
That represents a change of up 3.5% on the previous year and up 63.0% over ten years.
Over the whole period, tax revenue in Sweden peaked at 1.74 trillion current LCU in 2024 and was at its lowest, 44.37 billion current LCU, in 1972.
Sweden ranks 45th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 66.50 billion current LCU | 44.37 billion current LCU | 88.89 billion current LCU | 8 |
| 1980s | 184.85 billion current LCU | 97.98 billion current LCU | 299.11 billion current LCU | 10 |
| 1990s | 439.53 billion current LCU | 256.03 billion current LCU | 686.09 billion current LCU | 10 |
| 2000s | 830.87 billion current LCU | 714.25 billion current LCU | 963.38 billion current LCU | 10 |
| 2010s | 1.15 trillion current LCU | 987.84 billion current LCU | 1.39 trillion current LCU | 10 |
| 2020s | 1.59 trillion current LCU | 1.35 trillion current LCU | 1.74 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 tax revenue in Sweden?
- Tax revenue in Sweden was 1.74 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Sweden?
- The highest recorded value was 1.74 trillion current LCU in 2024.
- What is the lowest tax revenue recorded in Sweden?
- The lowest recorded value was 44.37 billion current LCU in 1972.
- How does Sweden rank for tax revenue?
- Sweden ranks 45th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Sweden?
- Over the last ten years it is up 63.0%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.