Lördag 26 April | 08:12:31 Europe / Stockholm

Prenumeration

2024-09-06 08:00:00

Swedish central government payments resulted in a surplus of SEK 34.9 billion in August. The Debt Office’s forecast was a surplus of SEK 39.3 billion. The difference is mainly due to higher disbursements.

The primary balance was SEK 4.9 billion lower than forecast. The difference is mainly due to the fact that disbursements from a number of different agencies were higher than expected. At the same time, tax incomes were approximately SEK 1 billion lower than estimated.

The National Debt Office’s net lending to government agencies etc. was SEK 0.4 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 August 2024, central government payments resulted in a deficit of SEK 38 billion.

Central government debt amounted to SEK 1,007 billion at the end of August.

The outcome for September 2024 will be published on October 6, 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)
 OutcomeForecastDeviationAcc. Dev. [2]Outcome 12-month
Budget balance34 91739 305-4 388-15 225-38 369
Net borrowing requirement [1]-34 917-39 3054 38815 22538 369
Primary balance [3]-28 462-33 3164 85416 48422 168
Net lending to agencies etc. [4]-7 062-6 695-367-513-7 895
Interest payments on central government debt607705-99-74624 096
- Interest on loans in SEK113274-161-66221 924
- Interest on loans in foreign currency4022471554803 432
- Realised currency gains and losses92185-92-564-1 259
[1] The net borrowing requirement corresponds to the budget balance with 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 which 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 August 2024 (see attachment).

More data on the central government net borrowing requirement and government debt:

Official statistics - Riksgälden.se (riksgalden.se)

The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden.

The National Debt Office published its latest forecast on the Swedish economy and central government borrowing on May 30, 2024: Central Government Borrowing - Forecast and Analysis 2024:2 - Riksgälden.se (riksgalden.se)