Sweden - Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Sweden was 72.50 as of 2019. Its highest value over the past 36 years was 75.48 in 1992, while its lowest value was 6.11 in 1989.

Definition: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.

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

See also:

Year Value
1983 7.90
1984 7.89
1987 7.12
1988 6.24
1989 6.11
1990 73.13
1991 74.44
1992 75.48
1993 74.52
1994 71.22
1995 61.84
1996 60.12
1997 59.52
1998 60.61
1999 61.10
2000 61.34
2001 63.62
2002 63.35
2003 64.89
2004 65.56
2005 65.85
2006 66.74
2007 67.81
2008 68.81
2009 69.88
2010 70.80
2011 70.52
2012 71.14
2013 71.70
2014 72.13
2015 72.37
2016 72.36
2017 72.88
2018 72.67
2019 72.50

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