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Deficit for Swedish central government in October
Press release 7 November 2016
Swedish central government payments resulted in a deficit of SEK 15.8 billion in October. The Debt Office’s forecast was a deficit of SEK 23.1 billion.
Tax income was SEK 2 billion higher than forecast. At the same time disbursements from a number of agencies were lower than expected.
The Debt Office's net lending to government agencies was SEK 2.2 billion lower than forecast, which is primarily explained by higher deposits.
Interest payments on central government debt were SEK 0.1 billion higher than calculated.
For the twelve-month period up to the end of October 2016, central government payments resulted in a surplus of SEK 49.7 billion.
Central government debt amounted to SEK 1,352 billion at the end of October.
The outcome for November will be published on 7 December at 9.30 a.m.
Contact
Tord Arvidsson, Senior Analyst +46 (0)8 613 47 53
Robert Sennerdal, Press Secretary, +46 (0)8 613 46 94
| 1 The net borrowing requirement corresponds to the budget balance with opposite sign. | |||||
| 2 Sum of monthly forecast deviations since last forecast (October 2016). |
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| 3 Net of the state's primary income and expenditure excluding net lending to agencies. | |||||
| Outcome Oct. | Forecast Oct. | Deviation Oct. | Acc. Dev2 | Outcome 12-month | |
|---|---|---|---|---|---|
| Net borrowing requirement | 15 752 | 23 116 | -7 364 | -7 364 | -49 743 |
| Primary borrowing requirement excl. net lending3 | 242 | 5 452 | -5 211 | -5 211 | -83 368 |
| Net lending to agencies etc. | 18 711 | 20 931 | -2 219 | -2 219 | 24 343 |
| Interest payments on central government debt | -3 201 | -3 267 | 66 | 66 | 9 281 |
| - Interest on loans in SEK | -3 275 | -3 139 | -136 | -136 | 10 372 |
| - Interest on loans in foreign currency | 18 | -14 | 32 | 32 | 517 |
| - Realised currency gains and losses | 56 | -114 | 170 | 170 | -1 608 |
Sweden's Central Government Debt October 2016
More data on the borrowing requirement and government debt.
The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden.