Taxes on goods and services in Sweden
Sweden: Taxes on goods and services was 730.99 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Sweden, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in Sweden is 730.99 billion current LCU, measured in 2024.
That represents a change of down 1.8% on the previous year and up 48.4% over ten years.
Over the whole period, taxes on goods and services in Sweden peaked at 744.59 billion current LCU in 2023 and was at its lowest, 22.82 billion current LCU, in 1972.
Sweden ranks 43rd 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 | 33.92 billion current LCU | 22.82 billion current LCU | 50.28 billion current LCU | 8 |
| 1980s | 100.76 billion current LCU | 55.36 billion current LCU | 155.69 billion current LCU | 10 |
| 1990s | 228.36 billion current LCU | 183.75 billion current LCU | 284.94 billion current LCU | 10 |
| 2000s | 364.83 billion current LCU | 294.08 billion current LCU | 436.44 billion current LCU | 10 |
| 2010s | 528.66 billion current LCU | 465.73 billion current LCU | 624.73 billion current LCU | 10 |
| 2020s | 701.53 billion current LCU | 623.85 billion current LCU | 744.59 billion 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 taxes on goods and services in Sweden?
- Taxes on goods and services in Sweden was 730.99 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Sweden?
- The highest recorded value was 744.59 billion current LCU in 2023.
- What is the lowest taxes on goods and services recorded in Sweden?
- The lowest recorded value was 22.82 billion current LCU in 1972.
- How does Sweden rank for taxes on goods and services?
- Sweden ranks 43rd out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Sweden?
- Over the last ten years it is up 48.4%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.