Sweden - Tax revenue (% of GDP)

Tax revenue (% of GDP) in Sweden was 27.30 as of 2019. Its highest value over the past 47 years was 30.30 in 1999, while its lowest value was 14.82 in 1994.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1972 19.03
1973 17.59
1974 17.07
1975 16.48
1976 19.37
1977 19.97
1978 18.31
1979 16.80
1980 16.30
1981 16.71
1982 16.37
1983 16.84
1984 17.69
1985 20.19
1986 19.15
1987 21.57
1988 21.67
1989 21.29
1990 21.62
1991 19.67
1992 17.14
1993 15.45
1994 14.82
1995 26.73
1996 27.31
1997 27.51
1998 29.67
1999 30.30
2000 29.86
2001 27.89
2002 26.76
2003 26.89
2004 27.25
2005 28.56
2006 28.56
2007 28.51
2008 27.47
2009 27.23
2010 27.40
2011 26.63
2012 26.30
2013 26.47
2014 26.51
2015 27.14
2016 28.12
2017 28.13
2018 27.91
2019 27.30

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance