Einar H. Dyvik
Research expert covering Nordics and global data for society, economy, and politics
Get in touch with us nowTax ratio as a percentage of gross domestic product (GDP) in Sweden 2010-2022
The tax ratio as a percentage of the gross domestic product (GDP) in Sweden was at its highest in 2016 and 2017, reaching over 44 percent these years. In 2022, it was at 41.8 percent. Moreover, the GDP in the country increased since 2010, despite a decrease in 2020 after the outbreak of COVID-19.
Increase in government revenues
The increase of the GDP generated a constant central government revenue in Sweden. In 2021, the revenue of the Government of Sweden reached nearly 1.2 trillion Swedish kronor.
Source of income
The largest source of the central government’s income came from tax from direct labor. This amounted to nearly 690 billion Swedish kronor in 2021. Tax from consumption and income generated the second highest income for the Swedish central government at above 650 billion Swedish kronor.
Increase in government revenues
The increase of the GDP generated a constant central government revenue in Sweden. In 2021, the revenue of the Government of Sweden reached nearly 1.2 trillion Swedish kronor.
Source of income
The largest source of the central government’s income came from tax from direct labor. This amounted to nearly 690 billion Swedish kronor in 2021. Tax from consumption and income generated the second highest income for the Swedish central government at above 650 billion Swedish kronor.
