Sweden - Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Sweden was 14.21 as of 2019. Its highest value over the past 39 years was 15.30 in 1995, while its lowest value was 10.66 in 1980.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

See also:

Year Value
1980 10.66
1981 11.42
1982 11.40
1983 11.68
1984 11.41
1985 12.64
1986 12.76
1987 13.16
1988 13.35
1989 13.10
1990 14.07
1991 14.60
1992 14.01
1993 13.37
1994 13.75
1995 15.30
1996 14.84
1997 14.69
1998 14.73
1999 14.58
2000 14.05
2001 14.12
2002 14.33
2003 14.37
2004 14.18
2005 14.43
2006 14.27
2007 14.22
2008 14.52
2009 15.05
2010 15.05
2011 14.50
2012 14.40
2013 14.31
2014 14.10
2015 14.14
2016 14.67
2017 14.48
2018 14.49
2019 14.21

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance