Sweden Government Debt to GDP — 2026 Data & Trend
Sweden's government debt was 35.10% in December 2025, up from 33.20% the previous quarter. A year earlier it stood at 34.20%.
Sweden's government debt stands at 35.10% as of December 2025. The government debt currently sits at 35.10% (up from 33.20% in the prior quarter). Across the tracked window it has ranged between 31.10% and 69.30%, and is 0.90% higher than a year ago.
The trend
Among the 121 economies tracked on this platform, Sweden ranks #92 on government debt by latest value. It rose from 33.20% in the previous quarter, and compares with a year-earlier 34.20%.
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 |
|---|---|
| Dec 2025 | 35.10% |
| Sep 2025 | 33.20% |
| Jun 2025 | 33.80% |
| Mar 2025 | 33.60% |
| Dec 2024 | 34.20% |
| Sep 2024 | 32.50% |
| Jun 2024 | 32.50% |
| Mar 2024 | 31.80% |
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 35.10% in December 2025, up from 33.20% the previous quarter. A year earlier it stood at 34.20%.
Is the government debt rising or falling in Sweden?
It rose in the latest reading — 35.10% in December 2025 versus 33.20% 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).