Central government budget for 2016 in figures
Revenue, expenditure, balance and national debt.
On 21 September 2015, the Government presented its proposed budget for 2016 to the Riksdag. The central government expenditure proposed for 2016 comes to a total of SEK 933.9 billion. Central government income is expected to amount to SEK 924.3 billion in 2016. Central government finances are therefore expected to show a deficit of SEK 9.6 billion in 2016.
Estimated revenue for the 2016 budget year
Central government revenue mainly consists of state taxes on labour, capital and consumption. Some central government revenue also comes from loan repayments (e.g. student loans) and grants from the EU. The table below shows the expected levels of central government revenue in 2016.
|
Type of revenue |
Estimated revenue |
|
Central government tax revenue |
952 601 795 |
|
Revenue from central government activities |
31 148 870 |
|
Revenue from sale of property |
5 000 000 |
|
Loan repayments |
760 800 |
|
Calculated revenue |
10 719 000 |
|
EU grants etc. |
12 705 740 |
|
Offsets associated with the tax system |
-88 675 336 |
|
Expenditure reported as credits to tax accounts |
0 |
The Government’s expenditure proposals for the 2016 budget year.
Central government expenditure is divided into 27 areas known as expenditure areas. Each expenditure area shows how much money goes to state-controlled activities, such as police activities or state universities. The table below shows the Government’s proposed expenditure on the various activities.
|
Expenditure area (EA) |
Government proposal |
|
EA 1 Governance |
12 717 244 |
|
EA 2 Economy and financial administration |
14 812 312 |
|
EA 3 Taxes, customs and enforcement |
10 782 946 |
|
EA 4 Justice |
41 573 737 |
|
EA 5 International cooperation |
1 905 203 |
|
EA 6 Defence and contingency measures |
48 827 432 |
|
EA 7 International development cooperation |
32 357 474 |
|
EA 8 Migration |
19 419 719 |
|
EA 9 Health care, medical care and social services |
69 237 676 |
|
EA 10 Financial security for the sick and disabled |
109 868 281 |
|
EA 11 Financial security for the elderly |
36 184 250 |
|
EA 12 Financial security for families and children |
87 129 050 |
|
EA 13 Gender equality and introduction of newly arrived immigrants |
21 070 265 |
|
EA 14 Labour market and working life |
79 681 475 |
|
EA 15 Financial support for students |
21 707 932 |
|
EA 16 Education and academic research |
69 452 400 |
|
EA 17 Culture, media, religious communities and leisure activities |
13 694 535 |
|
EA 18 Planning, housing provision, construction and consumer policy |
7 064 024 |
|
EA 19 Regional growth |
3 255 721 |
|
EA 20 General environmental protection and nature conservation |
7 661 756 |
|
EA 21 Energy |
2 812 038 |
|
EA 22 Transport and communications |
54 122 036 |
|
EA 23 Land- and water-based industries, rural areas and food |
18 919 553 |
|
EA 24 Industry and trade |
5 998 273 |
|
EA 25 General grants to local government |
93 398 252 |
|
EA 26 Interest on the national debt, etc. |
10 769 176 |
|
EA 27 Contribution to the European Union |
31 827 167 |
Balance
In 2016 central government finances are expected to a show a deficit of SEK 9.6 billion.
National debt
At the beginning of 2016, the national debt is expected to amount to SEK 1 374.7 billion. The estimated borrowing requirement for 2016 is SEK 9.6 billion.
