Sweden - Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Sweden was 15.12 as of 2019. Its highest value over the past 47 years was 26.82 in 1972, while its lowest value was 5.54 in 1994.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 26.82
1973 22.72
1974 21.63
1975 21.41
1976 25.15
1977 23.54
1978 18.66
1979 18.29
1980 18.07
1981 15.94
1982 15.02
1983 14.52
1984 15.79
1985 19.36
1986 16.00
1987 17.60
1988 17.50
1989 19.45
1990 17.88
1991 12.51
1992 6.89
1993 6.03
1994 5.54
1995 13.04
1996 11.82
1997 13.45
1998 12.82
1999 14.65
2000 17.40
2001 12.99
2002 10.05
2003 10.71
2004 12.96
2005 15.59
2006 17.23
2007 17.74
2008 13.98
2009 13.03
2010 14.84
2011 14.11
2012 12.43
2013 12.90
2014 14.08
2015 15.87
2016 15.71
2017 16.22
2018 15.54
2019 15.12

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.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance