Bifogade filer
Deficit for Swedish central government in October 2024
Prenumeration
Swedish central government payments resulted in a deficit of SEK 5.7 billion in October. The Debt Office’s forecast was a deficit of SEK 12.3 billion. The difference is mainly due to higher tax income.
The primary balance was SEK 4.5 billion higher than forecast. The difference is mainly due to the fact that tax incomes were approximately SEK 4 billion higher than estimated.
The Debt Office’s net lending to government agencies etc. was SEK 1.7 billion lower than forecast.
Interest payments on central government debt were in line with the forecast.
For the twelve-month period up to the end of October 2024, central government payments resulted in a deficit of SEK 66.5 billion.
Central government debt amounted to SEK 1,055 billion at the end of October.
The outcome for November 2024 will be published on 5 December, 2024 at 8.00 a.m.
The date for publishing a new forecast on the Swedish economy and central government borrowing is 28 November 2024.
| Budget balance and central government net borrowing requirement [1] (SEK million) | |||||
| Outcome | Forecast | Deviation | Acc. Dev. [2] | Outcome 12-month | |
| Budget balance | -5 684 | -12 279 | 6 596 | -25 375 | -66 462 |
| Net borrowing requirement [1] | 5 684 | 12 279 | -6 596 | 25 375 | 66 462 |
| Primary balance [3] | 13 033 | 17 533 | -4 500 | 30 460 | 53 470 |
| Net lending to agencies etc. [4] | -6 745 | -5 081 | -1 664 | -4 315 | -8 954 |
| Interest payments on central government debt | -604 | -173 | -431 | -770 | 21 945 |
| - Interest on loans in SEK | -773 | -358 | -415 | -783 | 21 192 |
| - Interest on loans in foreign currency | -64 | 150 | -214 | 375 | 3 150 |
| - Realised currency gains and losses | 232 | 35 | 197 | -361 | -2 396 |
| [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. | |||||
| [2] Sum of monthly forecast deviations since last forecast. | |||||
| [3] Net of the state's primary expenditure and income. | |||||
| [4] The net of government agencies etc. deposits and loans in the state’s internal bank. The net lending includes both current government operations and temporary occurrences that can be decided on short notice. The net lending affects the net borrowing requirement and central government debt, but is not covered by the Central government expenditure ceiling. | |||||
Report: Sweden’s Central Government Debt October 2024 (see attachment)
More data on the central government net borrowing requirement and government debt:
Official statistics
The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden.
The Debt Office published its latest forecast on the Swedish economy and central government borrowing on 30 May, 2024: Central Government Borrowing - Forecast and Analysis 2024:2.