Surplus for Swedish central government in February

7 March 2017 - Press release

Swedish central government payments resulted in a surplus of SEK 42.9 billion in February. The Debt Office’s forecast was a surplus of SEK 48.2 billion. The difference is mainly due to higher net lending to government agencies and slightly lower tax income than calculated.

Tax income was SEK 2 billion lower than forecast.

The Debt Office's net lending to government agencies was SEK 2.7 billion higher than calculated. The difference is mainly due to unexpected lending to the Nuclear Waste Fund.

Interest payments on central government debt were SEK 0.7 billion higher than calculated.

For the twelve-month period up to the end of February 2017, central government payments resulted in a surplus of SEK 74.8 billion.

Central government debt amounted to SEK 1,329 billion at the end of February.

The outcome for March will be published on 7 April at 9.30 a.m.

Central government net borrowing requirement¹  (SEK million)
  Outcome Feb. Forecast Feb. Deviation Feb. Acc.    Dev2 Outcome 12-month
Net borrowing requirement  -42 884 -48 151 5 267 5 267 -74 802
Primary borrowing requirement excl. net lending3 -43 744 -45 662 1 918 1 918 -92 909
Net lending to agencies etc. -582 -3 233 2 651 2 651 12 714
Interest payments on central government debt 1 442 744 698 698 5 393
  - Interest on loans in SEK 1 391 885 506 506 7 503
  - Interest on loans in foreign currency 18 -19 37 37 520
  - Realised currency gains and losses 33 -122 155 155 -2 630
¹ The net borrowing requirement corresponds to the budget balance with opposite sign.
2 Sum of monthly forecast deviations since last forecast (February 2017).
3 Net of the state's primary income and expenditure excluding net lending to agencies.

More data on the borrowing requirement and government debt.

Sweden's Central Government Debt February 2017

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

Contact

Håkan Carlsson, Senior Analyst +46 (0)8 613 47 33

Robert Sennerdal, Press Secretary, +46 (0)8 613 46 94