The expenditures of the central government in Sweden grew significantly from 2019 to 2020. Whereas the total government expenditure amounted to 944 billion Swedish kronor in 2019, it had reached over 1,2 trillion in 2020. This was a result of the COVID-19 pandemic, which hit the world in 2020. During the same year, the central government revenue reached 998.5 billion Swedish kronor, meaning that the Swedish government recorded a loss of 220.6 billion Swedish kronor in 2020. In 2022, the central government expenditure 1.1 trillion Swedish kronor.
Expenditure spent on social protection
The largest share of the public expenditure in 2021 was spent on social protection, which composed over 30 percent of the total public expenditure in Sweden during that year. The social protection covers pensions, unemployment benefits, subventions in health- and childcare, social security among other important functions.
Expenses for the EU budget
Among the expenses for the central government in Sweden are contributions to the European Union budget. These expenses fluctuated over the years. In 2021, these expenses were over 52 billion Swedish kronor.
Central government expenditure in Sweden from 2012 to 2022
(in billion SEK)
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The Swedish National Financial Management Authority. (June 9, 2023). Central government expenditure in Sweden from 2012 to 2022 (in billion SEK) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/530091/sweden-central-government-expenditure/
The Swedish National Financial Management Authority. "Central government expenditure in Sweden from 2012 to 2022 (in billion SEK)." Chart. June 9, 2023. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/530091/sweden-central-government-expenditure/
The Swedish National Financial Management Authority. (2023). Central government expenditure in Sweden from 2012 to 2022 (in billion SEK). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/530091/sweden-central-government-expenditure/
The Swedish National Financial Management Authority. "Central Government Expenditure in Sweden from 2012 to 2022 (in Billion Sek)." Statista, Statista Inc., 9 Jun 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/530091/sweden-central-government-expenditure/
The Swedish National Financial Management Authority, Central government expenditure in Sweden from 2012 to 2022 (in billion SEK) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/530091/sweden-central-government-expenditure/ (last visited November 13, 2024)
Central government expenditure in Sweden from 2012 to 2022 (in billion SEK) [Graph], The Swedish National Financial Management Authority, June 9, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/530091/sweden-central-government-expenditure/