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Surplus for Swedish central government in May 2026
Press release 5 June 2026
Swedish central government payments resulted in a surplus of SEK 18.1 billion in May. The Debt Office’s forecast was a surplus of SEK 30.1 billion. The difference is mainly due to higher disbursements from government agencies.
The primary balance was SEK 14.7 billion lower than the forecast. This was mainly due to higher disbursements from government agencies. Tax incomes were at the same time SEK 5 billion lower than expected.
The Debt Office’s net lending to government agencies etc. was SEK 2.4 billion lower than forecast.
Interest payments on central government debt were 0.3 lower than the forecast.
For the twelve-month period up to the end of May 2026, central government payments resulted in a deficit of SEK 122.3 billion.
Central government debt amounted to SEK 1,221 billion at the end of May.
The outcome for June 2026 will be published on 7 July 2026 at 8.00 a.m.
The date for publishing a new forecast on the Swedish economy and central government borrowing is 26 November 2026.
|
|
Outcome |
Forecast |
Deviation |
Acc. Dev. [2] |
Outcome 12-month |
|---|---|---|---|---|---|
|
Budget balance |
18 113 |
30 078 |
-11 965 |
-11 965 |
-122 340 |
|
Net borrowing requirement [1] |
-18 113 |
-30 078 |
11 965 |
11 965 |
122 340 |
|
Primary balance [3] |
-18 676 |
-33 337 |
14 661 |
14 661 |
80 578 |
|
Net lending to agencies etc. [4] |
-3 537 |
-1 103 |
-2 434 |
-2 434 |
13 228 |
|
Interest payments on central government debt |
4 101 |
4 362 |
-261 |
-261 |
28 534 |
|
- Interest on loans in SEK |
4 312 |
4 183 |
128 |
128 |
30 607 |
|
- Interest on loans in foreign currency |
-296 |
69 |
-364 |
-364 |
-801 |
|
- Realised currency gains and losses |
85 |
110 |
-26 |
-26 |
-1 272 |
|
[1] The net borrowing requirement corresponds to the budget balance with the opposite sign. |
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|
[2] Sum of monthly forecast deviations since last forecast. |
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|
[3] Net of the state's primary expenditure and income. |
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|
[4] The net of government agencies etc. deposits and loans in the state’s internal bank. The net lending includes both current government operations and temporary occurrences that can be decided on short notice. The net lending affects the net borrowing requirement and central government debt, but is not covered by the Central government expenditure ceiling. |
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Report: Sweden’s Central Government Debt May 2026
Official statistics on the central government net borrowing requirement and government debt
The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden.
The Debt Office published its latest forecast on the Swedish economy and central government borrowing on 28 May 2026: Central Government Borrowing - Forecast and Analysis 2026:1.
Press inquiries

The Debt Office's operations shall be characterized by an openness to the public and the media. The right of access to official business is a cornerstone of Swedish democracy.
Our press officer helps you get in touch with the right person so that you can get your questions answered quickly and easily. He can also provide you with material, answer comprehensive questions about our business and upcoming publications.
Mats Lilja, press officer
Press phone (office hours): +46(0)8-613 47 01, mobile +46(0)721-561 527
E-mail: Mats Lilja