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Sweden Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

Sweden's tax revenue was 28.06% in 2025, ranked 6th globally. This represents a 1.7% increase from 2024. Data from World Bank, covering 1972–2025.

28.06% +0.48% (+1.7%)
Year 2025 Rank #6 Global Peak 30.41% (2000) Source World Bank

Sweden Tax Revenue (1972–2025)

Overview

Sweden's tax revenue stood at 28.06% in 2025, a rise of +0.48% from 2023. Based on recent trends, this figure is projected to reach 28.06% by 2025. Sweden ranked 6th globally.

Sweden’s tax revenue has risen steadily since the early 1970s, moving from 19.06 percent of GDP in 1972 to a record high of 30.41 percent in 2000, before slipping to a trough of 14.84 percent in 1994 during the post‑crisis adjustment period. The subsequent recovery has been robust, with the latest World Bank estimate for 2025 showing tax revenue at 28.06 percent of GDP, placing Sweden sixth worldwide and just below Denmark’s 29.24 percent, while still outpacing Greece (27.92 percent) and the United Kingdom (27.90 percent). Over the 53‑year coverage span, the upward trajectory reflects a broad-based expansion of both direct and indirect taxes, supported by progressive reforms and a high‑skill labor force. Continued fiscal consolidation, coupled with potential shifts in corporate tax policy or demographic pressures, will determine whether Sweden can close the gap with the leading peers or sustain its current pace of revenue growth.

Data & projection

Year Tax Revenue YoY change Rank
2026* trend 28.16% - -
2025* trend 28.06% - -
2025 28.06% +0.48% #6
2023 27.58% −0.59% #96
2022 28.17% +0.16% #111
2021 28.01% +1.00% #123
2020 27.01% −0.69% #131
2019 27.70% −0.64% #132
2018 28.34% −0.21% #134
2017 28.55% +0.18% #140
2016 28.38% +0.87% #140
2015 27.51% +0.57% #141
2014 26.93% +0.09% #136
2013 26.84% +0.06% #128
2012 26.78% −0.35% #126
2011 27.14% −0.68% #125
2010 27.81% +0.08% #123
Show all years (1972-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.8% GDP growth 3.2% C/A balance 8.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Sweden matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Sweden's tax revenue?▾

Sweden's tax revenue was 28.06% in 2025. Ranked 6th globally. This represents a 1.7% increase from the previous year.

What was the highest tax revenue in Sweden?▾

Sweden's tax revenue peaked at 30.41% in 2000.

What was the lowest tax revenue in Sweden?▾

The lowest tax revenue in Sweden was 14.84% in 1994.

How does Sweden rank in tax revenue?▾

Sweden ranks 6th globally in tax revenue as of 2025.

What is the World Bank indicator code for tax revenue?▾

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the projected tax revenue of Sweden in 2025?▾

Sweden's tax revenue is projected to reach 28.06% by 2025 based on trend extrapolation.

What is the tax revenue of Sweden in 2025?▾

The tax revenue of Sweden in 2025 was 28.06%. This ranks 6th in the world.

Cite this page

APA
Sweden Tax Revenue. HistorySaid. Retrieved October 28, 2026, from https://historysaid.com/sweden/tax-revenue/
BibTeX
@misc{historysaid_sweden_tax-revenue, title = {Sweden Tax Revenue}, url = {https://historysaid.com/sweden/tax-revenue/}, publisher = {HistorySaid}, year = {2026} }
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