Central government budget in figures

The Government submits its budget proposals in government bills to the Riksdag. This page is updated with current figures in connection with the presentation of the Budget Bill and the Spring Fiscal Policy Bill.

Source

The following is a compilation of the Government’s calculations and proposals for the central government budget for the years 2020–2024 as presented in the 2021 Spring Fiscal Policy Bill. The amounts may not sum to totals because of rounding.

Budget balance and Central government debt

The central government budget balance shows the central government surplus/borrowing requirement and thus its impact on the central government debt.

Central government balance 2020–2024 (SEK billion)
2020 2021 2022 2023 2024
Revenue 999 1 094 1 155 1 202 1 227
Expenditure excl. interest on the Central government debt¹ 1 171 1 285 1 133 1 104 1 111
Interest on the Central government debt etc.² 20 -5 7 4 5
Net lending by National Debt Office 21 -43 -62 -54 10
Cash adjustment 7 -4 0 0 0
Central government balance -221 -140 77 148 101
¹ Including change in appropriation balances.
² Refers to expenditure under expenditure area 26
Interest on central government debt etc.
Sources: Statistics Sweden and own calculations.

Government revenue

Central government revenue mainly consists of taxes on labour, capital and consumption. Central government revenue also comes from various fees, fines, loan repayments (e.g. student loans) and grants from the European Union, etc.

Revenue in the central government budget 2020–2024 (SEK billion)
2020 2021 2022 2023 2024
Central government tax revenue 1037 1122 1188 1243 1281
Revenue from central government activities 46 42 41 40 38
Revenue from sale of property 1 5 5 5 5
Loan repayments 1 1 1 1 1
Calculated revenue 16 18 18 20 20
EU grants 14 28 26 20 11
Offsets associated with the tax system -117 -122 -124 -126 -129
Subsidies through credits on tax accounts 0 0 0 0 0
Revenue in the central government budget 999 1094 1155 1202 1227
Note: All years are presented according to the structure for the central government budget for 2021 and onwards.
Sources: Swedish Tax Agency, Swedish National Financial Management Authority and own calculations.

Central government expenditure

Central government expenditure is grouped into 27 different expenditure areas (EA). Each expenditure area shows how much money different state-controlled activities receive.

Expenditure in the central government budget 2020-2024 (SEK billion)
Expenditure area 2020 (Outcome¹) 202 (Forecast) 2022 (Calculation) 2023 (Calculation) 2024 (Calculation)
1 Governance 16 17 16 17 16
2 Economy and financial administration 17 17 18 18 18
3 Taxes, customs and enforcement 12 13 13 13 13
4 Justice 53 57 58 59 60
5 International cooperation 2 2 2 2 2
6 Defence and contingency measures 63 71 76 82 90
7 International development cooperation 47 47 51 52 54
8 Migration 10 9 9 9 9
9 Health care, medical care and social services 102 133 95 88 88
10 Financial security for those with illnesses and disabilities 118 110 93 92 94
11 Financial security for the elderly 37 38 41 39 38
12 Financial security for families and children 100 103 105 106 108
13 Gender equality and introduction of newly arrived immigrants 9 7 6 6 6
14 Labour market and working life 87 102 94 84 81
15 Financial support for students 25 27 27 26 26
16 Education and academic research 83 92 91 90 90
17 Culture, the media, religious communities and leisure activities 20 21 16 16 16
18 Planning, housing provision, construction and consumer policy 4 6 8 7 7
19 Regional development 3 4 5 4 3
20 General environmental protection and nature conservation 11 16 16 11 11
21 Energy 3 5 4 2 3
22 Transport and communications 65 75 71 71 70
23 Land- and water-based industries, rural areas and food 20 22 21 16 17
24 Industry and trade 60 92 8 7 7
25 General grants to local government 158 153 149 141 141
26 Interest on the Central government debt etc. 20 -5 7 4 5
27 Contribution to the European Union 47 47 45 43 45
Reduction of appropriation balances 0 0 -2 1 -3
All expenditure areas² 1 191 1 280 1 142 1 107 1 118
Net lending by National Debt Office 21 -43 -62 -54 10
Cash adjustment 7 -4 0 0 0
Total expenditure 1 219 1 234 1 079 1 054 1 126
¹Appropriations have been assigned to the expenditure areas to which they belong in the central government budget for 2021.
² Including the item Reduction in appropriation balances.
Source: Own calculations.