﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><language>en</language><title>Newslist Government Debt</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/newslists/newslist-government-debt/</link><description /><ttl>60</ttl><generator>Optimizely 12 CMS - LFPC</generator><item><title>Deficit for Swedish central government in March 2026</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-march-2026/</link><description>The primary balance was SEK 2.4 billion higher than forecast. This is mainly due to slightly higher tax income than calculated. The Debt Office’s net lending to government agencies etc. was SEK 5.1 billion lower than forecast. This is due, among other things, to higher deposits from Svenska Kraftnät than expected. Interest payments on central government debt were in line with the forecast. For the twelve-month period up to the end of March 2026, central government payments resulted in a deficit of SEK 103.5 billion. Central government debt amounted to SEK 1,222 billion at the end of March. The outcome for April 2026 will be published on 8 May 2026 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 28 May 2026. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc.    Dev. [2] Outcome 12-month Budget balance -6 543 -14 188 7 645 23 610 -103 450 Net borrowing requirement [1] 6 543 14 188 -7 645 -23 610 103 450 Primary balance [3] 13 707 16 106 -2 399 -18 682 73 408 Net lending to agencies etc. [4] -10 445 -5 309 -5 136 -5 632 247 Interest payments on central government debt 3 281 3 391 -110 703 29 795   - Interest on loans in SEK 3 959 3 339 621 1 173 30 649   - Interest on loans in foreign currency 45 49 -4 -555 -408   - Realised currency gains and losses -724 3 -726 85 -446 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [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. Report: Sweden’s Central Government Debt March 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 27 November 2025: Central Government Borrowing - Forecast and Analysis 2025:2.  </description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-march-2026/</guid><pubDate>Thu, 09 Apr 2026 08:00:31 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Higher government debt but lower cost in 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2026/higher-government-debt-but-lower-cost-in-2025/</link><description>Today, the Debt Office is submitting the report “Central Government Debt Management – Basis for Evaluation 2025” to the Government. The yearly report describes how the Debt Office conducted the borrowing and debt management in the previous year, on the basis of the Government’s guidelines and the objective of minimising the cost of the debt over the long-term while taking account of risk. Year in brief  The central government debt increased by SEK 93 billion in 2025 and was SEK 1,244 billion at the end of the year. The debt ratio rose from 18 to 19 per cent of GDP (based on the Debt Office’s GDP forecast). The cost of the debt decreased to SEK 13 billion, corresponding to 0.2 per cent of GDP. It was mainly the cost of the currency exposed portion of the debt that fell as the krona appreciated. The debt’s term to maturity was in the middle of the target range of 3.5–6 years. The Debt Office continued to phase out the foreign currency exposure of the debt and, in accordance with the new adopted guidelines, began decreasing the inflation-linked debt. The refinancing risk of the central government debt was stable. Relative to the euro area, Sweden has a higher share of debt maturing in the near term, while the amount maturing as a share of GDP is lower. The Debt Office continued to increase the supply of nominal government bonds over the year in order to fund the budget deficit and maturing loans. Short-term and foreign currency borrowing also increased. Demand was strong in relation to the supply in the Debt Office’s auctions. In an annual survey, primary dealers responded that they have seen increased interest in Swedish government securities among foreign investors. Confidence in the Debt Office’s borrowing operations remained high among both primary dealers and Swedish investors. Investors also saw improvement of the liquidity in the government securities market. Read the full report Central Government Debt Management – Basis for Evaluation 2025 (only available in Swedish) Read more about the annual survey of market confidence for the Debt Office and the assessment of market liquidity: Results of the annual market survey (in Swedish)</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2026/higher-government-debt-but-lower-cost-in-2025/</guid><pubDate>Tue, 17 Feb 2026 09:30:31 GMT</pubDate><category>News</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Deficit for Swedish central government in January 2026</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-january-2026/</link><description>The primary balance was SEK 10.3 billion lower than the forecast. This was mainly due to tax incomes being approximately SEK 8 billion lower than calculated. The Debt Office’s net lending to government agencies etc. was SEK 5.0 billion lower than forecast. Interest payments on central government debt were SEK 0.5 billion higher than forecast. For the twelve-month period up to the end of January 2026, central government payments resulted in a deficit of SEK 110.9 billion. Central government debt amounted to SEK 1,281 billion at the end of January. The outcome for February 2026 will be published on 6 March 2026 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 28 May 2026. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc.    Dev. [2] Outcome 12-month Budget balance -32 239 -26 374 -5 865 -5 270 -110 935 Net borrowing requirement [1] 32 239 26 374 5 865 5 270 110 935 Primary balance [3] 34 268 23 927 10 341 4 412 66 577 Net lending to agencies etc. [4] 639 5 656 -5 017 278 15 197 Interest payments on central government debt -2 668 -3 209 541 580 29 161   - Interest on loans in SEK -466 -1 036 570 433 30 469   - Interest on loans in foreign currency -548 116 -664 -647 -475   - Realised currency gains and losses -1 654 -2 290 635 794 -833 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [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. Report: Sweden’s Central Government Debt January 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 27 November 2025: Central Government Borrowing - Forecast and Analysis 2025:2.  </description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-january-2026/</guid><pubDate>Fri, 06 Feb 2026 08:00:30 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Deficit for Swedish central government in 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-2025/</link><description>The central government budget balance showed a deficit for the second year in a row. Despite a first incoming payment to Sweden from the EU Recovery and Resilience Facility, amounting to SEK 18.5 billion, the deficit was approximately the same size as in 2024. This is due, among other things, to the weak economy and fiscal policy measures in the form of tax cuts and spending increases. Higher interest payments also contributed to the deficit remaining at the same level as in 2024.  Overall, this resulted in a deficit of SEK 101.9 billion in 2025, compared with SEK 104.3 billion in 2024. The EU Recovery and Resilience Facility is part of the aid from the EU-wide initiative to boost recovery in member states after the pandemic and contribute to the green and digital transitions. The central government deficit of SEK 101.9 billion for 2025 was in line with the Debt Office's latest forecast of SEK 102.5 billion. Central government debt amounted to SEK 1,244 billion at the end of December, which was SEK 93 billion higher than in December 2024. Deficit for Swedish central government in December Central government payments resulted in a deficit of SEK 127.8 billion in December. The Debt Office's forecast was a deficit of SEK 136.0 billion. The difference is mainly due to lower expenditure than forecast. The primary balance was SEK 12.5 billion higher than forecast. The difference is mainly due to lower expenditure for several agencies. Tax income was simultaneously slightly weaker than expected. The Debt Office’s net lending to government agencies etc. was SEK 4.3 billion higher than forecast. This is mainly due to lower borrowing from the agencies. Interest payments on central government debt were in line with the forecast. The outcome for January 2026 will be published on 6 February 2026 at 8:00 a.m. The date for publishing a new forecast for the Swedish economy and central government borrowing is 28 May 2026. Budget balance and central government net borrowing requirement [1][5] (SEK million)   Outcome Forecast Deviation Acc. Dev. [2] Outcome 12-month Budget balance -127 793 -135 978 8 185 594 -101 947 Net borrowing requirement [1] 127 793 135 978 -8 185 -594 101 947 Primary balance [3] 58 405 70 945 -12 540 -5 929 62 996 Net lending to agencies etc. [4] 65 347 61 079 4 269 5 296 7 862 Interest payments on central government debt 4 041 3 955 86 39 31 088  - Interest on loans in SEK 3 914 3 742 172 -137 30 614  - Interest on loans in foreign currency -28 107 -134 17 67  - Realised currency gains and losses 155 106 49 158 407 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since previous forecast. [3] Net of the central government's primary expenditure and income. [4] Net of deposits and loans for government agencies etc. in the central government’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. [5] The outcome is preliminary and may be revised in connection with the Debt Office’s annual accounts. Please refer to the Debt Office’s 2025 annual report for the final annual outcome. Report: Sweden’s Central Government Debt December 2025 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 for the Swedish economy and central government borrowing on 27 November 2025: Central Government Borrowing - Forecast and Analysis 2025:2.</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-2025/</guid><pubDate>Mon, 12 Jan 2026 08:00:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Surplus for Swedish central government in November 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/surplus-for-swedish-central-government-in-november-2025/</link><description>The primary balance was SEK 6.6 billion lower than the forecast. The difference is mainly due to the fact that tax incomes were approximately SEK 5 billion lower than forecast. The Debt Office’s net lending to government agencies etc. was SEK 1.0 billion higher than the forecast. Interest payments on central government debt were in line with the forecast. For the twelve-month period up to the end of November 2025, central government payments resulted in a deficit of SEK 101.4 billion. Central government debt amounted to SEK 1,217 billion at the end of November. The outcome for December 2025 will be published on 12 January 2026 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 28 May 2026. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc.    Dev. [2] Outcome 12-month Budget balance 4 476 12 067 -7 590 -7 590 -101 364 Net borrowing requirement [1] -4 476 -12 067 7 590 7 590 101 364 Primary balance [3] -3 359 -9 969 6 611 6 611 63 300 Net lending to agencies etc. [4] -4 466 -5 493 1 027 1 027 7 305 Interest payments on central government debt 3 348 3 396 -47 -47 30 759   - Interest on loans in SEK 3 151 3 459 -308 -308 30 060   - Interest on loans in foreign currency 174 22 152 152 316   - Realised currency gains and losses 24 -86 109 109 383  [1] The net borrowing requirement corresponds to the budget balance with the opposite sign.  [2] Sum of monthly forecast deviations since last forecast.  [3] Net of the state's primary expenditure and income.  [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. Report: Sweden’s Central Government Debt November 2025 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 27 November 2025: Central Government Borrowing - Forecast and Analysis 2025:2.</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/surplus-for-swedish-central-government-in-november-2025/</guid><pubDate>Fri, 05 Dec 2025 08:00:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Adopted guidelines for government debt management 2026</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/adopted-guidelines-for-government-debt-management-2026/</link><description>In the guidelines, the Government sets forth among other things how the central government debt is to be composed and what its term to maturity shall be. The objective is to minimise the cost of the debt over the long term while taking account of risk in the management. The guidelines for next year also clarify how the management of central government debt should be evaluated. The Government's decision entails that the central government debt will continue to be managed based on the following targets: Phasing out foreign currency debt (i.e. foreign currency exposure), with a target value of zero from 1 January 2027. Successively reducing inflation-linked krona debt to a target level of around SEK 80 billion by the end of 2029. Nominal krona debt constituting the remainder of national debt, after inflation-linked krona debt and foreign currency debt. Steering the maturity (in terms of average time to refixing) of the central government debt towards 3.5 to 6 years. Guidelines for central government debt management in 2026 - Government.se Report: Central government debt management – Proposed guidelines 2026 - Riksgälden.se</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/adopted-guidelines-for-government-debt-management-2026/</guid><pubDate>Thu, 13 Nov 2025 14:35:00 GMT</pubDate><category>News</category><category>About the Debt Office</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Deficit for Swedish central government in October 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/deficit-for-swedish-central-government-in-october-2025/</link><description>The primary balance was SEK 2.5 billion lower than the forecast. The difference is mainly due to larger than expected payments from government agencies. Tax incomes, however, were approximately SEK 4 billion higher than forecast. The Debt Office’s net lending to government agencies etc. was SEK 3.2 billion lower than the forecast. The difference is mainly due to higher deposits from the Swedish National Grid. Interest payments on central government debt were SEK 0.1 billion lower than forecast. For the twelve-month period up to the end of October 2025, central government payments resulted in a deficit of SEK 87.9 billion. Central government debt amounted to SEK 1,141 billion at the end of October. The outcome for October 2025 will be published on 5 December 2025 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 27 November 2025.   Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Dev. Acc.    Dev. [2] Outcome 12-month [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [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. Budget balance -17 367 -18 027 660 2 836 -87 949 Net borrowing requirement [1] 17 367 18 027 -660 -2 836 87 949 Primary balance [3] 26 405 23 939 2 466 2 063 53 378 Net lending to agencies etc. [4] -8 083 -4 857 -3 226 -5 563 4 493 Interest payments on central government debt -954 -1 055 100 664 30 078   - Interest on loans in SEK -662 -712 49 -108 28 890   - Interest on loans in foreign currency -223 -341 118 -68 667   - Realised currency gains and losses -69 -2 -67 840 522 Report: Sweden’s Central Government Debt October 2025 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 22 May 2025: Central Government Borrowing - Forecast and Analysis 2025:1.  </description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/deficit-for-swedish-central-government-in-october-2025/</guid><pubDate>Fri, 07 Nov 2025 08:00:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Surplus for Swedish central government in September 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/surplus-for-swedish-central-government-in-september-2025/</link><description>The primary balance was SEK 11.3 billion lower than the forecast. The difference is mainly due to the fact that a first payment from the EU's recovery facility to Sweden was made earlier than expected. The payment of SEK 18.5 billion was made in July instead of in September, as we had assumed in our latest forecast. The payment is part of the support from the EU's joint effort to strengthen the recovery of member states after the pandemic and contribute to the green and digital transition. At the same time, tax incomes were approximately SEK 4 billion lower than forecast. The Debt Office’s net lending to government agencies etc. was SEK 10.3 billion lower than the forecast. The difference is mainly due to higher deposits from the Swedish Pension Agency. Interest payments on central government debt were SEK 0.1 billion lower than the forecast. For the twelve-month period up to the end of September 2025, central government payments resulted in a deficit of SEK 76.3 billion. Central government debt amounted to SEK 1,103 billion at the end of September. The outcome for October 2025 will be published on 7 November 2025 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 27 November 2025. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc.    Dev. [2] Outcome 12-month Budget balance 2 141 3 070 -929 2 176 -76 266 Net borrowing requirement [1] -2 141 -3 070 929 -2 176 76 266 Primary balance [3] 9 255 -2 040 11 294 -403 40 006 Net lending to agencies etc. [4] -14 445 -4 143 -10 302 -2 337 5 831 Interest payments on central government debt 3 050 3 114 -63 564 30 428   - Interest on loans in SEK 3 541 3 086 455 -157 28 779   - Interest on loans in foreign currency -253 27 -280 -186 825   - Realised currency gains and losses -238 1 -239 907 824 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [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. Report: Sweden’s Central Government Debt September 2025 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 22 May 2025: Central Government Borrowing - Forecast and Analysis 2025:1.</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/surplus-for-swedish-central-government-in-september-2025/</guid><pubDate>Tue, 07 Oct 2025 08:00:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Debt Office proposes unchanged steering of debt maturity and composition</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/debt-office-proposes-unchanged-steering-of-debt-maturity-and-composition/</link><description>In accordance with the Budget Act, the Government is to decide on the guidelines by 15 November. Before this decision is made, the Riksbank is also given the opportunity to provide an opinion on the Debt Office’s proposal. The guidelines govern, among other things, which types of debt the central government debt shall be composed of and what its term to maturity shall be. The guidelines also state how the debt management is to be evaluated. “Although we are in a transition from a long period of budget surpluses and shrinking central government debt, to deficits and a growing debt, our analysis currently provides no clear grounds for altering the steering of the debt’s composition or term to maturity,” says Klas Granlund, head of debt management at the Debt Office. No compelling reason to change steering The Debt Office proposes leaving the steering of the composition of the central government debt unchanged. In recent years, the Government has decided that the foreign currency exposure of the debt is to be gradually phased out and that the outstanding inflation-linked debt is to decrease. These changes are currently being implemented. The Debt Office does not propose any change to the steering interval for the term to maturity of the central government debt either. Neither developments regarding term premia nor a new analysis of how the term to maturity affects expected cost and risk have provided grounds for altering the maturity steering. The central government debt’s term to maturity, measured as average time to refixing (ATR), shall thereby be within the range of 3.5 to 6 years. The Debt Office targets the middle of that range in its borrowing plans. More accurate point on refinancing risk The Debt Office proposes a change to the guideline point on refinancing risk because the current wording could be misinterpreted. The change is the removal of a subordinate clause about the refinancing risk being managed by, among other things, issuing instruments with more than twelve years to maturity. Developed analysis in proposal and evaluation In this year’s proposed guidelines, the Debt Office also reports on the assignment from the Government regarding how the evaluation of central government debt management can be developed. Sweden has a clear evaluation process and transparent reporting of costs and risks. The balance between cost and risk could nevertheless be evaluated in even further detail. The Debt Office therefore presents methods for providing clearer and more in-depth analysis on the overall trade-off between cost and risk. The analysis method used in the guidelines proposal is also described in a new Focus Report on a framework for analysing cost and risk for central government debt management. Central government debt management – Proposed guidelines 2026 Focus Report: Framework for analysing cost and risk for central government debt Updated 29 september: Link to Focus Report in English added.</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/debt-office-proposes-unchanged-steering-of-debt-maturity-and-composition/</guid><pubDate>Mon, 22 Sep 2025 09:30:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Surplus for Swedish central government in August 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/surplus-for-swedish-central-government-in-august-2025/</link><description>The primary balance was SEK 1.3 billion higher than the forecast. At the same time, tax incomes were approximately SEK 1 billion lower than forecast. The Debt Office’s net lending to government agencies etc. was SEK 9.8 billion lower than the forecast. The difference is mainly due to higher deposits from the Swedish Pension Agency and The Swedish Defence Materiel Administration. Interest payments on central government debt were SEK 0.9 billion higher than the forecast. For the twelve-month period up to the end of August 2025, central government payments resulted in a deficit of SEK 107.8 billion. Central government debt amounted to SEK 1,102 billion at the end of August. The outcome for September 2025 will be published on 7 October 2025 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 27 November 2025. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc.    Dev. [2] Outcome 12-month Budget balance 42 864 32 574 10 290 3 105 -107 815 Net borrowing requirement [1] -42 864 -32 574 -10 290 -3 105 107 815 Primary balance [3] -27 972 -26 635 -1 337 -11 697 65 092 Net lending to agencies etc. [4] -16 134 -6 289 -9 845 7 965 12 059 Interest payments on central government debt 1 242 350 891 628 30 665   - Interest on loans in SEK 715 275 440 -612 28 113   - Interest on loans in foreign currency 100 103 -4 94 1 369   - Realised currency gains and losses 428 -28 455 1 146 1 183  [1] The net borrowing requirement corresponds to the budget balance with the opposite sign.  [2] Sum of monthly forecast deviations since last forecast.  [3] Net of the state's primary expenditure and income.  [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. Report: Sweden's Central Government Debt August 2025 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 22 May 2025: Central Government Borrowing - Forecast and Analysis 2025:1.</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/surplus-for-swedish-central-government-in-august-2025/</guid><pubDate>Fri, 05 Sep 2025 08:00:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Surplus for Swedish central government in July 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/surplus-for-swedish-central-government-in-july-2025/</link><description>The primary balance was SEK 26.0 billion higher than the forecast. The difference is mainly due to the fact that a first payment from the EU's recovery facility of SEK 18.5 billion to Sweden was made in July. In our latest forecast, we had expected it to be paid in September. The payment is part of the support from the EU's joint effort to strengthen the recovery of member states after the pandemic and contribute to the green and digital transition. At the same time, tax incomes were approximately SEK 4 billion higher than forecast. In addition, disbursements from government agencies were overall somewhat lower than expected. The Debt Office’s net lending to government agencies etc. was SEK 1.6 billion higher than the forecast. Interest payments on central government debt were SEK 0.4 billion higher than the forecast. For the twelve-month period up to the end of July 2025, central government payments resulted in a deficit of SEK 115.8 billion. Central government debt amounted to SEK 1,147 billion at the end of July. The outcome for August 2025 will be published on 5 September 2025 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 27 November 2025. Budget balance and central government borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc.    Dev. [2] Outcome 12-month Budget balance 20 068 -3 891 23 960 -7 186 -115 763 Net borrowing requirement [1] -20 068 3 891 -23 960 7 186 115 763 Primary balance [3] -12 447 13 549 -25 996 -10 360 64 602 Net lending to agencies etc. [4] -6 868 -8 467 1 599 17 810 21 130 Interest payments on central government debt -753 -1 191 438 -264 30 030   - Interest on loans in SEK -1 610 -1 313 -297 -1 052 27 511   - Interest on loans in foreign currency 0 135 -135 97 1 671   - Realised currency gains and losses 857 -13 870 691 847 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [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. Report: Sweden’s Central Government Debt July 2025 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 22 May 2025: Central Government Borrowing - Forecast and Analysis 2025:1.</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/surplus-for-swedish-central-government-in-july-2025/</guid><pubDate>Thu, 07 Aug 2025 08:00:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Deficit for Swedish central government in June 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/deficit-for-swedish-central-government-in-june-2025/</link><description>The primary balance was SEK 10.3 billion lower than the forecast. The difference is mainly due to tax income being approximately SEK 16 billion lower than expected. Incoming payments of tax were lower and outgoing payments from tax accounts were higher, both to roughly the same extent. The Debt Office’s net lending to government agencies etc. was SEK 22.7 billion higher than the forecast. The difference is mainly due to lower deposits from the Swedish Pensions Agency. Interest payments on central government debt were SEK 0.5 billion lower than the forecast. For the twelve-month period up to the end of June 2025, central government payments resulted in a deficit of SEK 129.4 billion. Central government debt amounted to SEK 1,171 billion at the end of June. The outcome for July 2025 will be published on 7 August 2025 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 27 November 2025. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc.    Dev. [2] Outcome 12-month Budget balance -81 722 -49 151 -32 571 -31 145 -129 388 Net borrowing requirement [1] 81 722 49 151 32 571 31 145 129 388 Primary balance [3] 51 049 40 718 10 331 15 635 75 983 Net lending to agencies etc. [4] 16 392 -6 356 22 748 16 211 22 900 Interest payments on central government debt 14 281 14 789 -508 -701 30 505   - Interest on loans in SEK 14 034 14 634 -600 -755 28 440   - Interest on loans in foreign currency 140 84 56 233 1 675   - Realised currency gains and losses 107 72 35 -179 390 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [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. Report: Sweden’s Central Government Debt June 2025 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 22 May 2025: Central Government Borrowing – Forecast and Analysis 2025:1.</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/deficit-for-swedish-central-government-in-june-2025/</guid><pubDate>Mon, 07 Jul 2025 08:00:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Surplus for Swedish central government in May 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/surplus-for-swedish-central-government-in-may-2025/</link><description>The primary balance was SEK 5.3 billion lower than forecast. The difference is mainly due to the fact that disbursements from a number of different agencies were higher than expected. At the same time, tax incomes were approximately SEK 1 billion higher than estimated. The Debt Office’s net lending to government agencies etc. was SEK 6.5 billion lower than forecast. The difference is partly due to the fact that the Swedish Defence Materiel Administration, Swedish Pensions Agency and Swedish National Grid had higher deposits than expected with the Debt Office. Interest payments on central government debt were SEK 0.2 billion lower than forecast. For the twelve-month period up to the end of May 2025, central government payments resulted in a deficit of SEK 88.5 billion. Central government debt amounted to SEK 1,105.8 billion at the end of May. The outcome for June 2025 will be published on 7 July, 2025 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 27 November 2025. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc.    Dev. [2] Outcome 12-month Budget balance 51 495 50 069 1 426 1 426 -88 545 Net borrowing requirement [1] -51 495 -50 069 -1 426 -1 426 88 545 Primary balance [3] -35 372 -40 676 5 304 5 304 76 163 Net lending to agencies etc. [4] -19 477 -12 940 -6 537 -6 537 -8 479 Interest payments on central government debt 3 354 3 547 -193 -193 20 861   - Interest on loans in SEK 3 920 4 075 -155 -155 18 748   - Interest on loans in foreign currency 338 161 177 177 1 797   - Realised currency gains and losses -904 -689 -214 -214 317 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [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. Report: Sweden’s Central Government Debt May 2025 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 22 May, 2025: Central Government Borrowing - Forecast and Analysis 2025:1. </description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/surplus-for-swedish-central-government-in-may-2025/</guid><pubDate>Mon, 09 Jun 2025 08:00:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Deficit for Swedish central government in April 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/deficit-for-swedish-central-government-in-april-2025/</link><description>The primary balance was SEK 7.0 billion weaker than forecast. Tax incomes were approximately SEK 7 billion lower than calculated, which mainly was due to higher refunds. Other agency payments developed roughly as forecast. The Debt Office’s net lending to government agencies etc. were SEK 6.2 billion higher than forecast. The difference is mainly due to reduced deposits from the Swedish Pensions Agency. Interest payments on central government debt were SEK 1.3 billion higher than forecast. For the twelve-month period up to the end of April 2025, central government payments resulted in a deficit of SEK 108.5 billion. Central government debt amounted to SEK 1,177.6 billion at the end of April. The outcome for May 2025 will be published on 9 June, 2025 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 22 May 2025. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc.    Dev. [2] Outcome 12-month Budget balance -42 189 -27 704 -14 485 -19 289 -108 454 Net borrowing requirement [1] 42 189 27 704 14 485 19 289 108 454 Primary balance [3] 41 168 34 193 6 975 5 600 67 856 Net lending to agencies etc. [4] 1 026 -5 177 6 203 14 193 19 478 Interest payments on central government debt -6 -1 313 1 307 -503 21 120   - Interest on loans in SEK -1 254 -1 596 342 627 17 878   - Interest on loans in foreign currency -252 230 -482 -265 2 076   - Realised currency gains and losses 1 500 53 1 447 -865 1 166 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [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. Report: Sweden’s Central Government Debt April 2025 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 November, 2024: Central Government Borrowing - Forecast and Analysis 2024:3.</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/deficit-for-swedish-central-government-in-april-2025/</guid><pubDate>Thu, 08 May 2025 08:00:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Crown Princess Couple  visit Debt Office</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/crown-princess-couple--visit-debt-office/</link><description>The Crown Princess Couple met with the Debt Office’s executive management and were given a presentation about the agency’s responsibilities that focused on nuclear waste management financing, green industrial investments, and financial stability. They also attended a lecture on the history of the Debt Office and its role in managing financial crises. Afterwards, the Crown Princess Couple received a brief tour that concluded with a visit to the division at the Debt Office in charge of central government borrowing, for example through conducting auctions of government securities and borrowing in foreign currency. ”We appreciate the Crown Princess Couple’s interest in the Debt Office’s operations. The visit was a valuable opportunity to present information about our operations and the significance that the Debt Office has for society and the financial stability of Sweden,” says Debt Office Director General Karolina Ekholm. Photo: Urban Andersson</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/crown-princess-couple--visit-debt-office/</guid><pubDate>Wed, 30 Apr 2025 13:55:56 GMT</pubDate><category>News</category><category>About the Debt Office</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Deficit for Swedish central government in March 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/deficit-for-swedish-central-government-in-march-2025/</link><description>The primary balance was SEK 0,8 billion weaker than forecast. Tax income was approximately SEK 2 billion lower than calculated. The Debt Office’s net lending to government agencies etc. was in line with the forecast. Interest payments on central government debt were SEK 0,5 billion lower than forecast. For the twelve-month period up to the end of March 2025, central government payments resulted in a deficit of SEK 97 billion. Central government debt amounted to SEK 1,114 billion at the end of March. The outcome for April 2025 will be published on 8 May, 2025 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 22 May 2025. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc.    Dev. [2] Outcome 12-month Budget balance -4 639 -4 563 -77 -4 804 -96 857 Net borrowing requirement [1] 4 639 4 563 77 4 804 96 857 Primary balance [3] 6 273 5 459 814 -1 375 61 264 Net lending to agencies etc. [4] -4 780 -4 519 -260 7 990 13 553 Interest payments on central government debt 3 145 3 622 -477 -1 811 22 040   - Interest on loans in SEK 3 903 3 497 405 285 20 715   - Interest on loans in foreign currency 29 71 -42 216 2 322   - Realised currency gains and losses -786 54 -840 -2 312 -997 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [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. Report: Sweden’s Central Government Debt March 2025 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 November, 2024: Central Government Borrowing - Forecast and Analysis 2024:3.</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/deficit-for-swedish-central-government-in-march-2025/</guid><pubDate>Mon, 07 Apr 2025 08:00:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Surplus for Swedish central government in February 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/surplus-for-swedish-central-government-in-february-2025/</link><description>The primary balance was SEK 20 billion stronger than the forecast. Tax income was approximately SEK 15 billion higher than calculated. This was largely due to higher levels of supplementary payments than expected. Higher tax income was counteracted by higher disbursements than expected. The Debt Office’s net lending to government agencies etc. was SEK 7 billion higher than forecast. This deviation counteracted the effect of the stronger primary balance and was largely due to lower deposits from the Swedish Pensions’ Authority and the EU. Interest payments on central government debt were in line with the forecast. For the twelve-month period up to the end of February 2025, central government payments resulted in a deficit of SEK 93 billion. Central government debt amounted to SEK 1,110 billion at the end of February. The outcome for March 2025 will be published on 7 April, 2025 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 22 May 2025. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc. Dev. [2] Outcome 12-month Budget balance 73 970 60 891 13 079 -4 727 -92 561 Net borrowing requirement [1] -73 970 -60 891 -13 079 4 727 -92 561 Primary balance [3] -81 096 -61 564 -19 532 -2 189 64 168 Net lending to agencies etc. [4] 6 045 -517 6 562 8 250 6 897 Interest payments on central government debt 1 081 1190 -109 -1 334 21 496   - Interest on loans in SEK 1 285 992 294 -120 19 113   - Interest on loans in foreign currency 49 59 -11 259 3 016   - Realised currency gains and losses -253 139 -392 -1 472 -632 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [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. Report: Sweden’s Central Government Debt February 2025 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 November, 2024: Central Government Borrowing - Forecast and Analysis 2024:3.</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/surplus-for-swedish-central-government-in-february-2025/</guid><pubDate>Fri, 07 Mar 2025 08:00:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Swedish government debt grew but cost less</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/swedish-government-debt-grew-but-cost-less/</link><description>Today, the Debt Office submitted its report Central Government Debt Management – Basis for Evaluation 2024 to the Government. The yearly report describes how the agency conducted government borrowing and debt management in the previous year, on the basis of the Government’s guidelines and the objective of minimising the long-term cost of the debt while taking account of risk. Year in brief The central government budget balance shifted to a deficit and the debt grew by SEK 124 billion to SEK 1,151 billion. This corresponds to a debt ratio of 18 per cent of GDP. However, the cost of the central government debt went down to SEK 17 billion, corresponding to 0.3 per cent of GDP. The decrease is mainly due to lower inflation reducing the cost of the inflation-linked portion of the debt. The reversal of the budget balance entails an increased borrowing requirement for the central government. Over the year, the Debt Office gradually raised the auction volume of government bonds. The Debt Office’s higher issuance volume, together with bond sales by the Riksbank, led to an increased supply of government bonds in the market. According to market participants surveyed, this contributed to an evident improvement in market liquidity. The average bid-to-cover ratio in the nominal government bond auctions decreased slightly in light of the greater supply. Nevertheless, the bidding volume was on average over three times as large as the volume offered. Confidence in the Debt Office among market participants surveyed remained high, and our communication was rated as the primary strength. In 2024, we began publishing more detailed information about our planned bond issuance. Read the full report Central Government Debt Management – Basis for Evaluation 2024 (in Swedish) Read more about the annual survey of market confidence in the Debt Office and the assessment of market liquidity: Results of the annual market survey (in Swedish)</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/swedish-government-debt-grew-but-cost-less/</guid><pubDate>Tue, 18 Feb 2025 09:30:00 GMT</pubDate><category>News</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Deficit for Swedish central government in January 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/deficit-for-swedish-central-government-in-january-2025/</link><description>The primary balance was SEK 1 billion higher than the forecast. Tax incomes were approximately SEK 10 billion higher than calculated. The higher tax income is largely because the final settlement for municipal tax for 2023 was lower than the Debt Office had calculated. Local governments receive preliminary amounts in payments of municipal tax from the central government. When incomes for each calendar year have been determined, this is settled in a one-off payment, which takes place in January each year. For municipalities, it is a redistribution of incomes from municipal taxes between years. Higher tax incomes were counteracted by higher disbursements from a number of different agencies than expected. The Debt Office’s net lending to government agencies etc. was SEK 6 billion lower than forecast. This was due to higher deposits from, among others, the EU and Svenska kraftnät. Interest payments on central government debt were SEK 1 billion lower than forecast. For the twelve-month period up to the end of January 2025, central government payments resulted in a deficit of SEK 92.2 billion. Central government debt amounted to SEK 1,176 billion at the end of January. The outcome for February 2025 will be published on 7 March, 2025 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 22 May 2025. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Dev. Acc. Dev. [2] Outcome 12-month Budget balance -23 250 -31 282 8 031 -17 806 -92 235 Net borrowing requirement [1] 23 250 31 282 -8 031 17 806 92 235 Primary balance [3] 30 688 31 732 -1 045 17 343 68 621 Net lending to agencies etc. [4] -6 696 -702 -5 994 1 688 3 316 Interest payments on central government debt -741 252 -993 -1 225 20 299   - Interest on loans in SEK -321 -332 11 -414 18 202   - Interest on loans in foreign currency -6 222 -228 269 3 046   - Realised currency gains and losses -414 361 -775 -1 080 -949 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [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. Report: Sweden’s Central Government Debt January 2025 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 November, 2024: Central Government Borrowing - Forecast and Analysis 2024:3.</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/deficit-for-swedish-central-government-in-january-2025/</guid><pubDate>Fri, 07 Feb 2025 08:00:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Deficit for Swedish central government in 2024</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/deficit-for-swedish-central-government-in-2024/</link><description>The central government balance showed a deficit in 2024 after three years of surplus. The turnaround in the budget balance is mainly due to rising expenditures as a result of the previously high inflation, fiscal policy measures and a capital injection to the Riksbank. The central government deficit of SEK 104 billion for 2024 was higher than the National Debt Office's latest forecast of SEK 78 billion. That the deficit was larger than expected is due to higher expenditures and net lending as well as lower tax income. Central government debt amounted to SEK 1,151 billion at the end of December, which was SEK 124 billion higher than in December 2023. Deficit for Swedish central government in December Swedish central government payments showed a deficit of SEK 127 billion in December. The Debt Office's forecast was a deficit of SEK 108 billion. That the deficit was larger than expected is mainly due to lower tax income and higher net lending. The primary balance was SEK 11 billion lower than forecast. The difference is mainly due to the fact that tax income was approximately SEK 8 billion lower than estimated, which is primarily explained by lower payments of supplementary tax. The Debt Office’s net lending to government agencies etc. was SEK 8 billion higher than forecasted, the majority is due to higher lending to the Swedish Transport Administration. Interest payments on central government debt were largely in line with forecast. The outcome for January 2025 will be published on 7 February, 2025 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 22 May 2025. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc. Dev. [2] Outcome 12-month Budget balance -127 211 -108 149 -19 062 -25 837 -104 272 Net borrowing requirement [1] 127 211 108 149 19 062 25 837 104 272 Primary balance [3] 58 709 47 789 10 920 18 388 75 663 Net lending to agencies etc. [4] 64 790 56 595 8 195 7 681 7 698 Interest payments on central government debt 3 713 3 766 -53 -232 20 912   - Interest on loans in SEK 3 360 3 412 -51 -425 18 171   - Interest on loans in foreign currency 221 97 124 498 3 349   - Realised currency gains and losses 131 257 -126 -305 -609 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [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. Note The outcome is preliminary and may be revised in connection with the Debt Office’s annual accounts. Please refer to the Debt Office’s annual report 2024 for the final annual outcome. Report: Sweden’s Central Government Debt December 2024 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 November, 2024: Central Government Borrowing - Forecast and Analysis 2024:3</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2025/deficit-for-swedish-central-government-in-2024/</guid><pubDate>Fri, 10 Jan 2025 08:00:00 GMT</pubDate><category>Press release</category><category>Central Government Borrowing</category><category>Government Debt</category></item></channel></rss>