Deficit for Swedish central government in September 2026
Deficit for Swedish central government in September 2026
Swedish central government payments resulted in a deficit of SEK 23 billion in September. The Debt Office’s forecast was a deficit of SEK 34.6 billion. The difference is mainly due to lower expenditure and higher tax income than forecast.
The primary balance was SEK 12.7 billion higher than forecast. Tax income was approximately SEK 5 billion higher than calculated. Furthermore, government expenditure for several agencies was lower than forecast.
The Debt Office's net lending to government agencies and others was SEK 1.4 billion higher than forecast.
Interest payments on central government debt were SEK 0.3 billion lower than forecast.
For the twelve-month period up to the end of September 2026, central government payments resulted in a deficit of SEK 134.3 billion.
Central government debt amounted to SEK 1,279 billion at the end of September.
The outcome for October 2026 will be published on 6 November 2026 at 8.00 a.m.
The date for publishing a new forecast on the Swedish economy and central government borrowing is 26 November 2026.
| Budget balance and central government net borrowing requirement [1] (SEK million) | |||||
| Outcome | Forecast | Deviation | Acc. Dev. [2] | Outcome 12-month | |
| Budget balance | -22 986 | -34 615 | 11 629 | 25 413 | -134 345 |
| Net borrowing requirement [1] | 22 986 | 34 615 | -11 629 | -25 413 | 134 345 |
| Primary balance [3] | 20 811 | 33 557 | -12 746 | 21 943 | 132 748 |
| Net lending to agencies etc. [4] | 947 | -499 | 1 447 | -45 698 | -24 286 |
| Interest payments on central government debt | 1 227 | 1 557 | -330 | -1 658 | 25 883 |
| - Interest on loans in SEK | 2 496 | 1 515 | 981 | 1 260 | 31 093 |
| - Interest on loans in foreign currency | 57 | 44 | 13 | -336 | -540 |
| - Realised currency gains and losses | -1 325 | -1 | -1 324 | -2 583 | -4 670 |
| [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 September 2026
Official statistics on the central government net borrowing requirement and government debt
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 28 May 2026: Central Government Borrowing - Forecast and Analysis 2026:1.