Sweden Government Debt to GDP — 2026 Data & Trend
Sweden's government debt was 34.90% in March 2026, down from 35.10% the previous quarter. A year earlier it stood at 33.50%.
Sweden's government debt stands at 34.90% as of March 2026. The government debt currently sits at 34.90% (down from 35.10% in the prior quarter). Across the tracked window it has ranged between 31.00% and 69.30%, and is 1.40% higher than a year ago.
The trend
Among the 121 economies tracked on this platform, Sweden ranks #93 on government debt by latest value. It fell from 35.10% in the previous quarter, and compares with a year-earlier 33.50%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Mar 2026 | 34.90% |
| Dec 2025 | 35.10% |
| Sep 2025 | 33.10% |
| Jun 2025 | 33.60% |
| Mar 2025 | 33.50% |
| Dec 2024 | 33.90% |
| Sep 2024 | 32.40% |
| Jun 2024 | 32.30% |
Data: Source: Eurostat (Commission Decision 2011/833/EU — reuse permitted with attribution). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Sweden Have in 2026?
Sweden's government debt was 34.90% in March 2026, down from 35.10% the previous quarter. A year earlier it stood at 33.50%.
Is the government debt rising or falling in Sweden?
It fell in the latest reading — 34.90% in March 2026 versus 35.10% a quarter earlier. Year on year it is higher.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).