After decreasing from 2015 to 2019, reaching 1.11 trillion Swedish kronor, it increased again in 2020 following the COVID-19 pandemic. The national debt fell slightly again the following years. In 2023, Sweden's national debt made up 16 percent of its GDP.
Central government budget balance
The central government debt is determined by the budget balance, which was 164 billion Swedish kronor in 2022. That year, the central government expenditure was over 1.1 trillion Swedish kronor. The Swedish government spent the highest sum on general aid to local municipalities.
Central government income
The largest source of central government income comes from direct tax from labor, which amounted to over 715 billion Swedish kronor in 2022. The second highest income source was consumption and input tax.
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Swedish National Debt Office. (June 24, 2024). Central government debt in Sweden from 2013 to 20223 (in trillion SEK) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 24, 2026, from /statistics/529656/sweden-central-government-debt/
Swedish National Debt Office. "Central government debt in Sweden from 2013 to 20223 (in trillion SEK)." Chart. June 24, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 24, 2026. /statistics/529656/sweden-central-government-debt/
Swedish National Debt Office. (2024). Central government debt in Sweden from 2013 to 20223 (in trillion SEK). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 24, 2026. /statistics/529656/sweden-central-government-debt/
Swedish National Debt Office. "Central Government Debt in Sweden from 2013 to 20223 (in Trillion Sek)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 24 Jun 2024, /statistics/529656/sweden-central-government-debt/
Swedish National Debt Office, Central government debt in Sweden from 2013 to 20223 (in trillion SEK) ÌÇÐÄÆƽâ°æ, /statistics/529656/sweden-central-government-debt/ (last visited July 24, 2026)
Central government debt in Sweden from 2013 to 20223 (in trillion SEK) [Graph], Swedish National Debt Office, June 24, 2024. [Online]. Available: /statistics/529656/sweden-central-government-debt/
