Government Spending in Sweden increased to 316531 SEK Million in the third quarter of 2019 from 316008 SEK Million in the second quarter of 2019. Sweden Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Sweden averaged 256304.64 SEK Million from 1981 until 2019, reaching an all time high of 316747 SEK Million in the first quarter of 2019 and a record low of 201283 SEK Million in the first quarter of 1981. This page provides - Sweden Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Sweden

Government Spending in Sweden is expected to be 317697.00 SEK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Sweden to stand at 321279.00 in 12 months time. In the long-term, the Sweden Government Spending is projected to trend around 326419.00 SEK Million in 2021 and 331642.00 SEK Million in 2022, according to our econometric models.

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Sweden Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
316531.00 316008.00 316747.00 201283.00 1981 - 2019 SEK Million Quarterly
Constant Prices 2018, SA

Sweden Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.