Article from Ministry of Finance

Central government budget in figures

Published

The Government submits its budget proposals to the Riksdag in the spring and autumn. This page is updated with current figures in connection with the presentation of these proposals.

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 2019–2023 (from the 2020 Spring Fiscal Policy Bill)
Note: The amounts may not sum to totals because of rounding.
¹Including change in appropriation balances.
²Refers to expenditure under expenditure area 26 Interest on central government debt etc.
Sources: Statistics Sweden and own calculations.
         
SEK billion          
  2019 2020 2021 2022 2023
Revenue 1 055.5 977.2 1 120.5 1 156.8 1 210.8
Expenditure excl. interest on the Central government debt¹ 990.7 1 112.0 1 076.0 1 086.5 1 085.5
Interest on the Central government debt etc.² 22.2 22.6 0.1 5.1 7.1
Net lending by National Debt Office -66.9 32.6 21.8 13.4 21.3
Cash adjustment -2.4 0.3 0.3 0.3 0.3
Central government balance 111.9 -190.2 22.3 51.6 96.6

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 2019–2023 (from the 2020 Spring Fiscal Policy Bill)
Note: All years are presented according to the structure for the central government budget for 2020 and onwards.
Sources: Swedish Tax Agency, Swedish National Financial Management Authority and own calculations.
         
SEK billion          
Revenue categories 2019 2020 2021 2022 2023
Central government tax revenue 1 105.5 1 010.6 1 157.2 1 192.1 1 248.3
Revenue from central government activities 35.3 46.4 42.0 44.7 45.0
Revenue from sale of property 0.0 5.0 5.0 5.0 5.0
Loan repayments 0.8 0.7 0.7 0.6 0.6
Calculated revenue 14.2 16.2 18.2 21.9 22.8
EU grants 12.6 13.9 15.2 12.5 11.4
Offsets associated with the tax system -112.8 -115.6 -117.7 -120.1 -122.4
Revenue in the central government budget 1 055.5 977.2 1 120.5 1 156.8 1 210.8

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 2019-2023 (from the 2020 Spring Fiscal Policy Bill)
Note: The amounts may not sum to totals because of rounding.
¹Appropriations have been assigned to the expenditure areas to which they belong in the central government budget for 2020.
² Including the item Reduction in appropriation balances.
Source: Own calculations.
         
SEK billion          
Expenditure area 2019 (Outcome¹) 2020 (Forecast) 2021 (Calculation) 2022 (Calculation) 2023 (Calculation)
1 Governance 15.0 15.6 15.3 15.5 15.5
2 Economy and financial administration 16.6 17.2 17.4 17.7 18.0
3 Taxes. customs and enforcement 11.5 12.0 12.2 12.4 12.5
4 Justice 49.4 52.5 54.5 55.5 56.2
5 International cooperation 2.3 2.1 2.0 2.0 2.0
6 Defence and contingency measures 60.6 63.4 70.7 76.8 77.8
7 International development cooperation 44.2 45.8 46.5 49.5 52.4
8 Migration 11.8 11.2 10.3 10.3 10.5
9 Health care. medical care and social services 79.6 88.2 82.7 79.8 78.4
10 Financial security for those with illnesses and disabilities 97.9 104.4 93.6 92.4 91.3
11 Financial security for the elderly 34.5 36.5 35.3 34.9 34.6
12 Financial security for families and children 97.3 101.8 103.2 105.9 107.9
13 Gender equality and introduction of newly arrived immigrants 13.4 10.0 7.5 7.2 7.4
14 Labour market and working life 77.0 91.7 89.2 89.4 83.9
15 Financial support for students 22.8 25.4 26.7 27.2 27.0
16 Education and academic research 78.5 82.2 86.0 86.0 86.6
17 Culture. the media. religious communities and leisure activities 15.8 17 15.7 15.7 15.4
18 Planning. housing provision. construction and consumer policy 3.1 3.9 4.6 4.3 4.3
19 Regional growth 3.3 3.5 3.7 3.5 3.1
20 General environmental protection and nature conservation 9.4 12.1 13.0 13.0 10.3
21 Energy 2.2 3.4 2.5 2.5 2.4
22 Transport and communications 58.6 62.2 68.2 69.4 69.1
23 Land- and water-based industries. rural areas and food 20.8 20.4 18.1 16.5 14.9
24 Industry and trade 7.3 34.9 7.3 7.1 6.7
25 General grants to local government 120.1 151.0 141.0 141.4 141.5
26 Interest on the Central government debt etc. 22.2 22.6 0.2 5.2 7.2
27 Contribution to the European Union 37.7 43.5 50.7 51.8 57.6
Reduction of appropriation balances 0.0 0.0 -2.3 -1.3 -2.1
All expenditure areas² 1 012.9 1 134.6 1 076.0 1 091.6 1 092.6
Net lending by National Debt Office -66.9 32.6 21.8 13.4 21.3
Cash adjustment -2.4 0.3 0.3 0.3 0.3
Total expenditure 943.6 1 167.4 1 098.1 1 105.2 1 114.1