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Surplus for Swedish central government in November
Press release 7 December 2017
Swedish central government payments resulted in a surplus of SEK 17.0 billion in November. The Debt Office’s forecast was a surplus of SEK 18.7 billion. The difference is mainly explained by lower tax income.
Tax income was approximately SEK 2 billion lower than forecast, mainly due to higher tax reimbursements.
The Debt Office's net lending to government agencies was in line with the forecast.
Interest payments on central government debt were SEK 0.5 billion lower than calculated.
For the twelve-month period up to the end of November 2017, central government payments resulted in a surplus of SEK 56.1 billion.
Central government debt amounted to SEK 1,274 billion at the end of November.
The outcome for December will be published on 9 January at 9.30 a.m.
Contact
Håkan Carlsson, Analyst +46 (0)8 613 47 33
Robert Sennerdal, Press Secretary, +46 (0)8 613 47 01
|
|
Outcome Nov. |
Forecast Nov. |
Deviation Nov. |
Acc. Dev2 |
Outcome 12-month |
|
Net borrowing requirement |
-16 994 |
-18 672 |
1 678 |
-10 792 |
-56 138 |
|
Primary borrowing requirement excl. net lending3 |
-16 534 |
-18 787 |
2 254 |
-9 750 |
-62 942 |
|
Net lending to agencies etc. |
-934 |
-837 |
-96 |
-53 |
-1 545 |
|
Interest payments on central government debt |
473 |
953 |
-480 |
-988 |
8 349 |
|
- Interest on loans in SEK |
907 |
939 |
-32 |
-486 |
11 773 |
|
- Interest on loans in foreign currency |
-596 |
-34 |
-562 |
-536 |
-895 |
|
- Realised currency gains and losses |
162 |
48 |
114 |
33 |
-2 529 |
|
1 The net borrowing requirement corresponds to the budget balance with opposite sign. |
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|
2 Sum of monthly forecast deviations since last forecast (October 2017). |
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|
3 Net of the state's primary income and expenditure excluding net lending to agencies. |
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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.