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Surplus for Swedish central government in October
Press release 7 November 2017
Swedish central government payments resulted in a surplus of SEK 6.7 billion in October. The Debt Office’s forecast was a deficit of SEK 5.8 billion. The difference is explained by higher tax income.
Tax income was approximately SEK 12 billion higher than calculated, mainly due to higher supplementary tax payments.
The Debt Office's net lending to government agencies was in line with the October 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 October 2017, central government payments resulted in a surplus of SEK 73.2 billion.
Central government debt amounted to SEK 1,296 billion at the end October.
The outcome for November will be published on 7 December at 9.30 a.m.
Contact
Lina Majtorp, Analyst +46 (0)8 613 46 76
Robert Sennerdal, Press Secretary, +46 (0)8 613 47 01
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1 The net borrowing requirement corresponds to the budget balance with opposite sign. |
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3 Net of the state's primary income and expenditure excluding net lending to agencies. |
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| Outcome Oct. | Forecast Oct. | Deviation Oct. | Acc. Dev2 | Outcome 12-month | |
|---|---|---|---|---|---|
|
Net borrowing requirement |
-6 680 |
5 789 |
-12 470 |
-12 470 |
-73 239 |
|
Primary borrowing requirement excl. net lending3 |
-1 733 |
10 271 |
-12 004 |
-12 004 |
-66 350 |
|
Net lending to agencies etc. |
-2 327 |
-2 370 |
43 |
43 |
-15 577 |
|
Interest payments on central government debt |
-2 621 |
-2 112 |
-509 |
-509 |
8 688 |
|
- Interest on loans in SEK |
-2 206 |
-1 752 |
-454 |
-454 |
10 724 |
|
- Interest on loans in foreign currency |
-57 |
-84 |
27 |
27 |
-319 |
|
- Realised currency gains and losses |
-357 |
-276 |
-81 |
-81 |
-1 717 |
|
2 Sum of monthly forecast deviations since last forecast (October 2017). |
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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.